Winning Wimbledon may be the only way to afford a property near The Championships

Posted 4 July 2016 by Helen Christie

Wimbledon is the time when thousands of tennis fans head to the All England Lawn Tennis Club in south west London for two weeks to watch the games...

To get into the spirit of Wimbledon, online estate agents HouseSimple.com has carried out some research looking at the average price of property near to the All England Club, and compared to average prices near to the Australian, US and French Open venues.

The figures reveal that average house prices in Wimbledon Village, SW19, which is a short walk from the courts, are far and away the highest of all four tournament venues. At more than £1.5m, you’d actually have to win the Wimbledon Championships to be able to afford to buy a property close by.

Average property prices in Wimbledon Village currently stand at £1,591,939, compared to £604,932 near Melbourne Park, the Australian Open venue, £466,193 close to the site of the US Open, in Flushing Meadows, and just £459,957 near Roland Garros, in the 16th arrondissement of Paris.

With this year’s men’s and women’s Wimbledon champions each picking up a cheque for a cool £2m, they wouldn’t get much change if they bought in Wimbledon Village, although average property prices across the whole of SW19, are a little more reasonable at £874,857.

HouseSimple also looked into property prices close to some of the few tennis clubs in the UK that have quality grass courts, and you could pay a premium of as much as 282% to live just an overhead smash away.

The average price of property near to the Holland Park Lawn Tennis Club is just over £4.34m; that’s 281.5% more than the average of £1,138,333 for that postcode area. Slightly more affordable, are property prices near to the Halton Tennis Centre, close to Aylesbury, in Buckinghamshire. At an average of £642,917, they are 54.6% higher than the £415,783 for the postcode area.

Alex Gosling, CEO of online estate agents HouseSimple.com comments: “Most of us have more chance of winning a set - well maybe a game - against Andy Murray, than buying a property near the All England Lawn Tennis Club.

“However, property prices close to the Wimbledon Championships pale in comparison to average prices next to the Holland Park Lawn Tennis Club. Even if you combined the men’s and women’s winners cheques, they still wouldn’t cover the average price of a property in the area.”

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