With the Premier League returning this weekend and turning 25 years old next Tuesday, the latest research by online estate agent eMoov.co.uk has looked at an alternate league table based on annual house price growth.
In the last 25 years, the average UK house price has increased by 302 percent. Across the 20 teams playing in the top flight this year, the average house price reaches £272,447, with prices increasing on average by 4.55 percent since last season.
Although Premier League property cost over £50,000 more than the UK average, the higher price of property means price growth levels are marginally trailing the UK over the last year.
Looking at this year’s 20 Premier League teams where local house price growth is concerned, Man United has the highest annual growth in the league at 8.58 percent and an average house price of £262,997.
Burnley comes second with prices having increased 8.57 percent in the last year. It is also home to the most affordable property price in the league at £77,525.
The North West also takes third place in the league with Man City seeing prices climb by 8.08 percent, in the East Midlands Leicester increased 7.76 percent and newly promoted Brighton is the best team from the South with prices up by 7.12 percent annually.
Chelsea and Arsenal are the only two teams to see annual price growth slump below 1 percent (0.40 percent).
Founder and chief executive of eMoov.co.uk, Russell Quirk, commented: “Although it’s unlikely the table will look like this at the end of the season, it does demonstrate that while there are pockets of the UK currently seeing a decline in price growth, there are also areas all over the nation enjoying very healthy increases in values."
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