Newcastle takeover deal could boost local property market by 15%

June 5, 2020

Fans of the Magpies continue to bite their nails this week as the club’s Saudi takeover, reported to be worth £300m, is still yet to be given the green light after weeks of uncertainty.

The deal could make Newcastle one of the richest clubs in the world and fans will be hoping a return to the top tier of the Premier League will soon follow as a result.

But what could it mean for the local property market?

Local property developer, StripeHomes, has released research looking at 20 previous Prem takeovers and what happened to local house prices in the years following.

The research shows that on average, house prices in towns or cities to benefit from a big name takeover increased by a buoyant 5% in the year following, climbing to 15% over three years.

With the average house price in Newcastle currently at £159,722, a similar boost as a result of the Saudi deal could see this climb to £167,711 over the next 12 months, hitting £184,062 in just three years.

This price increase, could however, climb even higher.

In the year following Tottenham Hotspur’s takeover by Joe Lewis in 2001 house prices increased by 19%. After Joshua Harris took over Crystal Palace in 2015 local house prices climbed by 16%, with a 10% increase in local market values when Abramovich took the helm at Chelsea.

But this double digit price growth isn’t restricted to London. When Tony Bloom became the majority owner at Brighton, house prices in the local area climbed 13% in the city. After the Glazers took over at Man United, there was also a 10% uplift. Bournemouth, Norwich and Sheffield also saw increases of between 6%-8% following their respective takeovers.

Looking at the data over the three years following each takeover, Tottenham, Arsenal, Watford, Norwich, Chelsea, Bournemouth and Crystal Palace all saw house price increases in excess of 20%.

However, a local property market boost isn’t guaranteed and Leicester, Liverpool, Newcastle and Man City all saw prices decline in the year following their last takeover, while Newcastle, Liverpool and Man City have also seen a decline over the three years following.

Premier League club takeovers vs average house price change ranked by highest increase in the first year following each deal.
Football club
Majority Owner
Date of takeover
Average house price – date of takeover
Change 1 yr
Change 3 yrs
Tottenham Hotspur
Joe Lewis
2001
£165,127
19%
43%
Crystal Palace
Joshua Harris
2015
£307,064
16%
21%
Brighton
Tony Bloom
2009
£212,685
13%
17%
Chelsea
Roman Abramovich
2003
£389,648
10%
28%
Manchester United
The Glazers
2005
£119,724
10%
16%
Bournemouth
Maxim Demin
2013
£208,226
8%
23%
Norwich
Delia Smith and Micheal Wynn-Jones
1996
£39,276
8%
28%
Sheffield United
Prince Abdullah Bin Musa’ed
2013
£127,215
6%
16%
Wolves
Guo Chuangchang
2016
£132,806
5%
16%
Everton
Farhad Moshiri
2016
£118,441
5%
13%
Watford
Gino Pozzo
2012
£223,356
4%
33%
Arsenal
Stan Kroenke
2011
£424,104
4%
38%
Burnley
Mike Garlick
2015
£71,855
3%
12%
Aston Villa
Nassef Sawiris
2018
£182,786
3%
x
Southampton
Gao Jisheng
2017
£205,002
2%
0%
West Ham
David Sullivan and David Gold
2010
£243,608
2%
9%
Leicester City
Aiyawatt Srivaddhanaprabha (formerly his father Vichai)
2010
£119,909
-1%
3%
Liverpool
John Henry
2010
£113,327
-4%
-6%
Newcastle United
Mike Ashley
2007
£160,874
-5%
-10%
Manchester City
Sheikh Mansour
2008
£138,728
-11%
-11%
Average overall
5%
15%
Potential price growth in relation to Newcastle takeover
Newcastle United
Saudi Arabia Public Investment Fund
expected 2020
£159,722
£167,711
£184,062

Properganda PR

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

You May Also Enjoy

can you drink tap water
Letting Agent Talk

What tenants really want from a HMO in 2026

By Allison Thompson, Chief Lettings Officer, Leaders part of LRG   Houses in Multiple Occupation (HMOs), also referred to as multi-lets or room rentals, have come a long way in the past couple of decades. Once thought of as very much at the bottom of the accommodation pile, with a reputation for being sub-standard, many…
Read More →
Estate Agent Talk

Rethinking Property Transactions Starts with Communication

By Cara Stanbridge, Head of Relationship Management at Nova Legal   Across the UK property market, transactions are in turmoil. Ongoing economic pressures are impacting house prices, mortgage deals, and overall demand, reflecting the uncertainty nationwide. In fact, a recent study found that for those who are taking the plunge to buy or sell this year,…
Read More →
Breaking News

B2L mortgage costs climb 64% in a decade

The latest research from London lettings and estate agent, Benham and Reeves, has revealed that the average monthly cost of a buy-to-let mortgage has climbed by as much as 64% over the last decade, as landlords continue to face mounting financial pressure alongside sweeping reforms introduced via the Renters’ Rights Act.   Benham and Reeves…
Read More →
Breaking News

Breaking Property News 13/5/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Renters’ Rights Act: What Estate Agents Need to Understand About the Tenant Impact   Author Andrew Stanton Editor EAN   The Renters’ Rights Act represents the biggest structural shift to the private rented sector in decades, and while much of the conversation has focused…
Read More →
Breaking News

First-time buyers bear the brunt of mortgage mayhem

Moneyfacts UK Mortgage Trends Treasury Report data reveals that despite mortgage turmoil easing in April, first-time buyers remain under pressure from reduced choice and stretched affordability. Mortgage product choice has contracted by around 10% since the start of March, with higher loan-to-value deals (10% or less deposit or equity) falling by 14%, a blow to…
Read More →
Breaking News

Breaking Property News 12/5/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Commercial real estate is entering a new era powered by artificial intelligence CRE is now powered by artificial intelligence, automation, smart data, and digital-first workflows. For decades, the industry relied heavily on spreadsheets, disconnected systems, and manual administration. Today, technology is becoming central to…
Read More →