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

Breaking News

Autumn Budget 2026: Property industry reaction

Following today’s Autumn Budget, reaction from property industry experts on six key areas for the property market. First-time buyer support: The £4.7bn Your First Home equity loan scheme, supporting 70,000 buyers, alongside the introduction of a new First Time Buyer ISA. Inflation and borrowing costs: The extension of the fuel duty freeze, household energy support…
Read More →
Breaking News

Can you legally BAN Halloween Trick or Treaters?

People who dread the annual knock of trick-or-treaters may have more power to keep Halloween callers away than they realise. As millions of children prepare to take to the streets on October 31, a property law expert has explained what homeowners can do if they do not want strangers walking up their path or knocking…
Read More →
Estate Agent Talk

What the sector need to do differently to give first time buyers a chance

By Peter Hawley, Director, SOWN (part of LRG) The mortgage and property sector needs to stop assuming that younger buyers are either ready to buy outright or not ready at all. For many, the reality is somewhere in between. They may have stable employment, a deposit and a strong desire to own, but still find…
Read More →
Letting Agent Talk

The 50-property tipping point: when landlords need a different approach

By Adam Hills, Client Services Director, LRG Living Markets A sizeable residential property portfolio can create significant opportunities for long-term income and capital growth. But as it expands, so does the complexity of managing it effectively. For landlords with 50 or more properties, the challenge extends well beyond finding tenants or collecting rent to communication,…
Read More →
Estate Agent Talk

Home is where the stress is

Couples find first-time buying more anxiety-inducing than buying solo First-time buying: Anxiety doubles when finding a home with your partner! Stress and anxiety significantly increase when buying a first home with your partner compared to flying solo The likes of searching for a property, applying for mortgages and progressing through the legalities are all significantly…
Read More →
Breaking News

Breaking Property News 28/10/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   If Zoopla is for sale, then so are you Thought leadership by Olivier Jauniaux Founder of NestLink On 14 August, Providence Equity Partners announced it had agreed to acquire Hometrack from ZPG. Bloomberg confirmed the seller the same day. Terms were not disclosed, though Real Deals, citing…
Read More →