With the Premier League returned, analysis by Birmingham estate and lettings agent, Barrows and Forrester, has taken a look at which British players have seen the biggest transfer fee from a property market perspective when looking at their hometown vs in their current club locations.
Jack Grealish’s move to Man City might have broken the bank with a transfer fee of £105,750,000, but it hasn’t been the best from a property market point of view.
His hometown of Solihull is currently home to an average property price of £309,171. However, with an average house price of just £196,333, his move to Manchester City has seen a dip of -36% in property price pedigree.
Sancho and Sterling are the only players to have seen a larger decline having both moved from London to Manchester.
House prices in Trafford are -40% lower than Sancho’s hometown of Southwark, while Manchester City house prices are -60% lower than Sterling’s home town of Brent.
But a move to Manchester isn’t always a negative one from a property price standpoint. House prices in Trafford where Harry Maguire now applies his trade are 82% higher than in his hometown of Sheffield.
Kyle Walker was also born and bred in Sheffield and his move to Manchester City means a 3% uplift in property market values.
Property values in Madrid are 9% more expensive than the average Cardiff house price. So while Bale might not be having the best time in Spain, he’s still made a positive property price move.
The two most notable British players to have seen the biggest property price uplifts between their hometowns and current clubs are Ben Chilwell and Ben White.
Currently at Chelsea, house prices in Hammersmith and Fulham are 178% higher than Chillwell’s hometown of Milton Keynes while house prices in Islington, where White currently plays for Arsenal, come in 151% higher than his hometown of Poole.
Managing Director of Barrows and Forrester, James Forrester, commented:
“It’s great to see so many British players progressing from grassroots football in their hometowns to the global stage playing for some of the best teams in the world. But who would have thought that in doing so, some of them would be making a negative move where property prices are concerned.
Of course, with the mind-boggling amounts of money involved in the modern game we can rest assured that wherever they’re playing, they’ll be living in some of the most expensive homes on the market.”
A tomato-throwing function would be useful right about now.
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Harry Maguire and Kyle Walker must have come from different parts of Sheffield as there’s 2 different prices for Sheffield – £175k and £190k….
Or was there a drop in house prices when Sheffield United and Sheffield Wednesday were both relegated last season….
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
“there’s 2 different prices for Sheffield – £175k and £190k….”
Clearly the person writing this MDT has profound difficulties with maths and statistics, MarkJ – in a similar vein to that of the ubernumpty responsible for yesterday’s allotment-related “article” for that well known dating site – Get-a-Gent.
A VERY similar vein…
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register
Who cares
You must be logged in to like or dislike this comments.
Click to login
Don't have an account? Click here to register