Forget the Waitrose effect, Whole Foods tops the property supermarket sweep

The latest research by estate agent comparison site, GetAgent, has revealed that when it comes to house prices surrounding supermarkets, Waitrose is no longer the top dog.

For many, our trips to the supermarket are the only sense of normality during lockdown and living close by to one can be a sought after commodity for homebuyers even in normal circumstances. However, the research from GetAgent.co.uk shows that you will more than likely pay above average for the privilege.

GetAgent analysed house prices across thousands of areas home to one of the 13 big name supermarkets and found that on average, house prices sit at £308,704; a 34% increase on the current average UK house price of £230,332.

The best supermarket seller? Whole Foods, with the average house price surrounding Whole Food stores at an eye-watering £969,188. That’s 321% higher than the current UK average, and 109% higher than the average of £464,089 surrounding Waitrose stores; the next highest supermarket house price.

Perhaps surprisingly, Budgens ranks third with an average property value of £430,838 surrounding their stores, while Marks and Spencers (£385,026) and Sainsbury’s (£356,090) complete the top five.

Londis, Tesco, the Co-op, Lidl, Iceland and Morrisons are also home to an average house price higher than the current UK average, with just Asda (£211,069) and Aldi (£197,180) coming in at a more affordable price tag.

Founder and CEO of GetAgent.co.uk, Colby Short, commented:

“There’s a new sheriff in town when it comes to the supermarket house price sweep and that’s Whole Foods, with house prices surrounding Whole Food stores coming in far higher than even Waitrose.

Of course, the more ‘prestige’ the supermarket the more likely it is to be located in a wealthy pocket of the UK property market, although some may be surprised to see Budgens ranking above the likes of Marks and Sparks and Sainsbury’s.

Regardless of where you shop, living within close proximity to a major supermarket is probably going to help boost your house price and it’s these day to day amenities that will stand out to buyers ahead of a good restaurant and even a handy transport link.

With current market conditions and a shortage of online delivery slots, a local supermarket could help command an even higher price as many will be looking to travel as little as possible in order to get their essentials.

While market activity is sparse at present, this will bode well for home sellers who need to move but may be worrying about a pandemic induced fall in property values.”

Supermarket
Average house price
Difference to UK average
Whole Foods Market
£969,188
321%
Waitrose
£464,089
101%
Budgens
£430,838
87%
Marks and Spencer
£385,026
67%
Sainsbury’s
£356,090
55%
Londis
£327,851
42%
Tesco
£324,082
41%
Co-op
£269,501
17%
Lidl
£267,435
16%
Iceland
£260,784
13%
Morrisons
£254,031
10%
Asda
£211,069
-8%
Aldi
£197,180
-14%
Overall average
£308,704
34%
UK average
£230,332
N/A
GetAgent collected the outcode of each UK store for the 13 major supermarket brands, before collecting the average house price in these outcodes to find the average property value for each major brand as a whole.

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Breaking News

Renters’ Rights Bill parliamentary progress

The Renters’ Rights Bill has completed its Committee Stage in the House of Lords and will move on to the Report Stage imminently. Allison Thompson, National Lettings Managing Director of LRG, comments on the progress of the Bill: “As the Renters’ Rights Bill completes its committee stage in the House of Lords, it is disappointing…
Read More
Kerb appeal
Breaking News

Housing Market Surges as Stamp Duty Changes Drive Buyer Activity

UK Finance today releases its latest Household Finance Review for Q1 2025, which explores trends in household spending, saving, and borrowing. Mortgage lending surged in the first quarter of 2025, driven by homebuyers seeking to complete purchases before changes to Stamp Duty took effect in April. Household savings continued to grow, particularly in notice accounts…
Read More
Breaking News

Mortgage Approvals Down in April

The latest figures show that: – Mortgage approvals on house purchases for April sat at 60,463 down (-4.9%) from 63,603 in March. This signals four consecutive months of decline. Approvals are also lower (-2.1%) than the 61,740 seen in April 2024. Despite the decline, there is still optimism for growth in the coming months, especially…
Read More
New Builds 2020
Breaking News

Build to rent completions up, but sector has seen slowdown in construction

New research by Inventory Base reveals that the number of build to rent completions has increased by almost 16% in the past year, however, there has been a significant dip in the number of BTR buildings currently under construction. Inventory Base has analysed UK build to rent (BTR) construction planning data* and found that in…
Read More
Breaking News

Response to latest Nationwide House Price Index

Comment on latest Nationwide data showing a 3.5% increase in house prices from the Industry. Nathan Emerson, CEO at Propertymark: “It is reassuring to witness consistent house price growth and a strong appetite as people continue to approach the homebuying and selling process, especially when the UK economy continues to adapt to both domestic and…
Read More
Breaking News

Annual house price growth edged higher in May

Annual rate of house price growth increased marginally in May to 3.5%, compared to 3.4% in April House prices were up 0.5% month on month House prices in predominantly rural areas have risen by 23% over the last five years, compared to 18% in more urban areas Commenting on the figures, Robert Gardner, Nationwide’s Chief…
Read More