Analysis of Land Registry sold prices across five London postcodes, to have new football stadiums constructed, has revealed that the average house prices have increased significantly according to Foxtons.

Property prices surrounding the stadium have increased by 79% since it was completed in 2007, when the average sold price in the HA9 postcode sat at £274,000 compared to the average sold price now which is £491,500. 

Guy Gittins, CEO of Foxtons, said: “Within the last two decades, London has seen a number of high-profile regeneration projects spearheaded by the creation of new Premier League stadiums, with these investments also bringing about a great deal of investment into the local area, infrastructure and housing markets. 

“Wembley has perhaps been the most notable of these and it’s clear that the local housing market is now reaping the benefits of this investment, with house prices increasing at an average rate of 4.7% per year since 2007. 

“For both homebuyers and buy-to-let investors, it demonstrates the strength and certainty that can come when investing into areas either benefitting from, or earmarked for regeneration.”

Since Arsenal completed its new Emirates Stadium in 2006, sold prices in the N7 postcode have climbed by 112%, an average increase of 6.2% per year, beating Wembley to the title of strongest stadium property market performance. 

Since West Ham moved to the London Stadium in 2016, house prices have increased at an average annual rate of 4.4% per year, whilst house prices surrounding the new Tottenham Hotspot Stadium and the Brentford Community Stadium have also increased since their completions, up by a respective average annual rate of 3.1% and 2.1%.