Golf course house prices hit a hole in one
Another week, another cancelled sporting event as the Open Championship was due to tee off this weekend. However, this hasn’t dampened property prices surrounding the UK’s best-known golf courses, which come in 55% higher on average than the wider areas they are located.
The latest research by estate agent comparison site, GetAgent.co.uk, looked at current property prices surrounding 25 of the UK’s best-ranked and most prestigious golfing institutions and how they compared to the areas in which they are located.
The most impressive property scorecard is the Pennard course in Wales. Pennard’s SA3 postcode boasts an average property price of £373,633, which is a massive 155% more than the broader average for Swansea.
St Andrew’s in Fife is also home to a 150% premium between house prices surrounding the club and the area as a whole.
If you’re looking for a golfing property purchase in England, Woodhall Spa in East Lindsey is the place to go. House prices in the LN10 postcode are 121% higher than East Lindsey as a whole, with Aberdovey in Gwynedd also home to a local house price 113% higher than the wider area.
Property values surrounding the UK’s top golf courses all come in notably higher than the areas in which they are found, with just one exception.
House prices in the KA26 postcode in South Ayshire, home to Donald Trump’s Trump Turnberry golf course, average just £91,950. This is -31% lower than the wider average of £133,738 in the area and the only golf course to find the ruff where house prices are concerned.
|
Golf course
|
Info
|
Outcode
|
Outcode AveHP
|
Local Authority
|
LA House Price
|
Difference
|
|
Pennard
|
Wales
|
SA3
|
£373,633
|
Swansea
|
£146,658
|
155%
|
|
St Andrew’s
|
Scotland
|
KY16
|
£333,256
|
Fife
|
£133,382
|
150%
|
|
Woodhall Spa
|
England
|
LN10
|
£382,648
|
East Lindsey
|
£172,844
|
121%
|
|
Aberdovey
|
Wales
|
LL35
|
£329,200
|
Gwynedd
|
£154,601
|
113%
|
|
Muirfield
|
Scotland
|
EH31
|
£454,063
|
East Lothian
|
£228,920
|
98%
|
|
The Arden
|
English Open 2020
|
CV7
|
£363,227
|
North Warwickshire
|
£194,818
|
86%
|
|
Renaissance Club
|
Scottish Open 2019
|
EH39
|
£403,856
|
East Lothian
|
£228,920
|
76%
|
|
Celtic Manor
|
Wales Open 2020
|
NP18
|
£319,378
|
Newport City
|
£191,376
|
67%
|
|
Royal Dornoch
|
Scotland
|
IV25
|
£270,000
|
Highlands
|
£164,248
|
64%
|
|
Royal Porthcawl
|
Wales
|
CF36
|
£253,723
|
Bridgend
|
£156,365
|
62%
|
|
St Enodoc
|
England
|
PL27
|
£360,076
|
Cornwall
|
£238,854
|
51%
|
|
Royal St George’s
|
British Open
|
CT13
|
£351,480
|
Dover
|
£243,833
|
44%
|
|
Royal County Down
|
Northern Ireland
|
BT33
|
£206,842
|
Newry, Mourne and Down
|
£144,595
|
43%
|
|
Portstewart
|
Northern Ireland
|
BT55
|
£213,203
|
Causeway Coast and Glens
|
£151,902
|
40%
|
|
Walton Heath
|
England
|
KT20
|
£590,163
|
Reigate and Banstead
|
£420,927
|
40%
|
|
Royal Birkdale
|
England
|
PR8
|
£208,347
|
Sefton Metropolitan Borough
|
£156,609
|
33%
|
|
Sunningdale
|
England
|
SL5
|
£649,229
|
Windsor and Maidenhead
|
£490,501
|
32%
|
|
Royal Portrush
|
Northern Ireland
|
BT56
|
£195,546
|
Causeway Coast and Glens
|
£151,902
|
29%
|
|
Galgorm Castle
|
Northern Ireland Open 2019
|
BT42
|
£164,767
|
Mid and East Antrim
|
£129,069
|
28%
|
|
Carnoustie
|
Scotland
|
DD7
|
£177,862
|
Angus
|
£141,355
|
26%
|
|
Castlerock
|
Northern Ireland
|
BT51
|
£190,517
|
Causeway Coast and Glens
|
£151,902
|
25%
|
|
Ashburnham
|
Wales
|
SA16
|
£175,932
|
Carmarthenshire
|
£144,251
|
22%
|
|
Lough Erne
|
Northern Ireland
|
BT93
|
£153,586
|
Fermanagh and Omagh
|
£132,163
|
16%
|
|
Royal St David’s
|
Wales
|
LL46
|
£165,667
|
Gwynedd
|
£154,601
|
7%
|
|
Trump Turnberry
|
Scotland
|
KA26
|
£91,950
|
South Ayrshire
|
£133,738
|
-31%
|
|
Average Outcode Price
|
£295,126
|
Average Local Authority Price
|
£190,333
|
55%
|
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|
Average outcode house price sourced from PropertyData.
|
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|
Average local authority house price sourced from Gov.uk.
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