Spurs pip West Ham to top spot

Tottenham Hotspur has edged out rivals West Ham and Watford to dominate the property Premier League when it comes to house price growth. 

Spurs may have missed out narrowly on the Premier League title last season, but they claimed the residential property price growth crown, with 18.4% annual growth in an area that could see a real boost from Crossrail 2, a proposed rail link that would connect north and south London, according to analysis on residential price performance around the home grounds of the 20 English Premier League (EPL) clubs, conducted by Knight Frank. 

The data, which is based on average residential property prices between the third and fourth quarters of 2015, found that West Ham United, which will see their stadium redeveloped into a residential scheme as they move into the Olympic Stadium, recorded the second highest price growth with a 13.2% increase. 

Based on average home prices, Chelsea unsurprisingly came out on top, despite recording the lowest residential price growth - at an average of just 3.9% - of all the London-based clubs. The average price of a home around Chelsea’s Stamford Bridge ground stood at £638,000 – over 13 times the value of residential property around Goodison Park, home of Everton FC, who came bottom of the list.

Oliver Knight, senior analyst at Knight Frank’s Residential Research department, said: “The findings not only demonstrate the huge differences in value throughout the UK, but also the variety of performance and prices within London, where sub-markets are moving at significantly different speeds.”

With a focus on the leading EPL champion Leicester, Knight explained: “Similar to a number of property markets across the UK, Leicester has taken a long time to recover from the global financial crisis. Our analysis of Land Registry data shows prices in the city were just 1.2% higher at the end of 2015 than their previous peak in 2007."

One-year % change (Data to Q4 2015)

Source: Knight Frank Research / Land Registry

Mean house prices (Data from Q3 2015 to Q4 2015)

Source: Knight Frank Research / Land Registry