Train4TradeSkills News: Is building homes near football stadiums the way forward for housebuilders?

By spending millions on players like Sergio Aguero, homes around Man City's stadium have increased in price by 350%

With the housing market struggling at the moment, is building new homes near to Premier League stadiums the way forward?

A new study has found that homeowners living close to Premier League football stadiums have seen their property increase drastically in value in recent years.

House prices around certain Premiership stadiums have increased by an average of 168% in the last decade, which makes areas like these a goldmine for housing developers.

The top 5 areas are:

1) Manchester City

Etihad Stadium

House prices risen by: 350%

2) Aston Villa

Villa Park

House Prices risen by: 215%

3) Sunderland

Stadium of Light

House Prices risen by: 159%

4) Swansea City

Liberty Stadium

House Prices risen by: 140%

5) Bolton Wanderers

The Reebok Stadium

House Prices risen by: 134%

As you can see, houses close to Manchester City’s ground have risen in price dramatically, which is understandable as City have risen in popularity and status since being bought out by Sheikh Mansour in 2008 and brought world-class players like David Silva, Carlos Tevez and Sergio Aguero to Manchester.

Newcastle finished bottom of the list, with house prices close to St James Park rising by just 31% since 2001.

Halifax’s Suren Thiru said: “In general, house prices in the areas that are home to many of the major football venues have strengthened significantly over the past decade, reflecting in part the amenities commonly found in such locations, including good transport links.

“The improvement has been particularly marked in the postal districts of some of the newest football stadiums, with the local regeneration often associated with such projects helping to boost local property values.”

Train4TradeSkills News wrote about how thousands of new homes have been built around Arsenal’s Emirates Stadium. Read the story here.

[Source: The Telegraph ]

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About Train4tradeSkills

Train4TradeSkills offer the only trade training skills courses that combine three great ways to learn, through a unique blend of book based theory, practical workshops and virtual reality PC based training, to help you qualify you as a plumber, electrician or gas engineer. No other learning provider offers our unique way to study, with full tutor support, easy to follow, step by step modules. Once you complete one part of the course and return your work for marking, the next stage of the course automatically follows. It’s as easy as that. It’s fun, it’s easy to follow... and it can be fitted around your existing work and family commitments!

Posted on August 16, 2011, in construction jobs, construction news, Electrical News, electrician jobs, plumbing jobs, Plumbing News, t4ts, train4tradeskills and tagged , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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