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While Manchester City have just secured back to back Premier League titles in the football world, the investment property world tells a very different story.
Estate agent comparison site GetAgent looked at the rate of house price growth surrounding each Premier League team’s home ground since the start of the season, ranking them from highest to lowest.
Their findings told a very different story, as Manchester City dropped from first to last place, with property selling prices in the M11 postcode have dropped by -26 per cent from £141,739 to £105,00 since the season began last year.
City are joined in relegation from the Premier League by Huddersfield who gained just one place when compared to their footballing performance but are still going down with property in the HD1 postcode selling for -17 per cent less now than when the season began. Southampton claims the last relegation spot with property in the SO14 postcode selling for -9 per cent less than the start of the season.
This year’s Premier League Property Champion is Bournemouth, with property prices in the BH7 postcode up 18 per cent over the course of the season.
Merseyside rivals Liverpool and Everton claim the second and third spots with property prices up 9 per cent, with Newcastle’s NE1 also seeing the same uplift to claim the last top four spot.
Chelsea were still the top London Premier League club along with Fulham, with their respective SW6 postcodes enjoying a rise of 4 per cent in property prices over the year. While North London rivals Arsenal and Tottenham struggled with negative growth of -3 per cent and 8 per cent respectively.
Founder and CEO of GetAgent, Colby Short, commented: ‘While the actual Premier League remains fairly predictable when it comes to the top teams, the current property landscape is anything but. Political uncertainty continues to play its part and while some pockets are still performing very well, others continue to struggle.’
He continued: ‘These drastic differences in price growth on a granular level demonstrate just how diverse the national market is and while regional cities like Manchester as a whole are performing very well, there are even areas within these more in demand locations that are seeing a lull.’