Posts with tag: All England Club

Wimbledon property prices ace the competition!

Published On: June 27, 2016 at 12:01 pm

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Categories: Property News

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The best tennis players in the world have once again gathered in SW19, as the All England Lawn Tennis Club plays host to the Wimbledon Championships for the next fortnight.

To mark the occasion, online estate agents HouseSimple.com has used hawk-eye average property prices in close proximity to the All England Club. The agent then compared these prices to those near to other grand slam venues-Melbourne Park in Australia, Flushing Meadows in New York and Roland Garros in Paris.

Wimbledon winners

Data from the research suggests that the typical house prices in Wimbledon Village ace all of the other venues. Property prices in the area command more than £1.5m, meaning you would have to rule Centre Court to even purchase a home!

Average house values in Wimbledon Village total £1,591,939. In comparison, typical values of property near to the other three slam venues are available for a slice of this fee. In Melbourne, houses are available for an average of £604,193, in New York £466,193 and in Paris for £459,957.

This year, both the male and female Wimbledon champions will receive a cheque for £2m, giving them just enough money to build a court in their new SW19 residence!

You cannot be serious!

It is not only property prices near the All England Club that could put your finances in a (top) spin. HouseSimple also analysed property prices near British tennis clubs offering quality grass courts. The results show that values in these areas smash the competition!

The average price of a home near to the Holland Park Lawn Tennis Club in London is £4,343,167-281.5% greater than the average of £1,138,333. Where is John McEnroe when you need him?!

Wimbledon property prices ace the competition!

Wimbledon property prices ace the competition!

The full results of the investigation are shown in the order of play below:

Region Name of tennis club Average property price in postcode area (£) Average property price next to tennis club (£) Price premium

 (%)

London Holland Park Lawn Tennis Club £1,138,333 £4,343,167 281.5%
London The Hurlingham Club £1,110,978 £2,694,139 142.5%
South East St George’s Hill Lawn Tennis Club £752,076 £1,255,083 66.9%
London Queen’s Club £1,138,333 £1,140,167 0.2%
South East Stoke Park Country Club £346,099 £825,000 138.4%
London Roehampton Club £719,965 £732,199 1.7%
South East Pit Farm Tennis Club £515,186 £701,944 36.3%
South East Halton Tennis Centre £415,783 £642,917 54.6%
East Midlands The Leicestershire Tennis and Squash Club £201,336 £305,142 51.6%

[1]

Game, set and match

Alex Gosling, CEO of online agents HouseSimple.com, noted, ‘most of us have more chance of winning a set-well maybe a game-against Andy Murray, than buying a property near the All England Lawn Tennis Club. However, property prices close to the Wimbledon Championships pale in comparison to average prices next to the Holland Park Lawn Tennis Club. Even if you combined the men’s and women’s winners cheques, they still wouldn’t cover the average price of a property in the area.’[1]

[1] http://www.propertyreporter.co.uk/property/game-set-and-match-for-wimbledon-house-prices.html