Chelsea has won the “Property Premiership” after research from proptech firm eMoov.co.uk found that the Premier League champions ground is surrounded by the most expensive properties of all the top clubs in England and Wales.
Around Chelsea’s Stamford Bridge the average house price stands at £1.38m, far higher than the price of homes surrounding rival Arsenal’s Emirates Stadium, which are the second most expensive at £575,676.
Tottenham Hotspur and Olympic Stadium-bound West Ham made up the rest of the top four.
At the other end of the table the cheapest homes can be found around Liverpool’s Anfield and Everton’s Goodison Park at just £72,873.
Manchester United sit in mid-table mediocrity with average prices of £194,297, while six places below them are Man City, where properties are £80,000 cheaper at £110,666.
Russell Quirk, founded and chief executive of eMoov, said: “Although the top two make for familiar reading, it’s interesting that a successful, wealthy Premier League club doesn’t necessarily translate to a thriving property market in the surrounding areas.
“I think in terms of property, West Ham and Tottenham are the ones to watch. The developments in terms of location and transport infrastructure should see prices in both areas boosted as a result.”
eMoov’s study found that despite being the clear leader Chelsea’s prices have fallen by 5% year-on-year as the Prime London market stagnated, while they increased by a significant 7% around West Ham’s Upton Park.
1 Chelsea, Stamford Bridge, SW6, £1,137,550
2 Arsenal, Emirates, N7, £575,676
3 Spurs, White Hart Lane, N17, £312,410
4 West Ham, Upton Park, E13, £306,451
5 Watford, Vicarge Road, WD18, £300,411
6 Crystal Palace, Selhurst Park, SE25, £295,165