Wimbledon might be cancelled, but it still aces the competition on property prices

June 30, 2020

While many of us will have been gearing up for two weeks of tennis this weekend, London lettings and estate agent, Benham and Reeves, has looked at house prices around the now cancelled Wimbledon venue and how they compare to the other majors in the tennis calendar.

For the most affordable property within reaching distance of a major venue, tennis fans should head to Melbourne. Melbourne Park, home to the Australian Open, is also home to an average property price of £327,232 within the surrounding area. The area also represents the biggest bargain when compared to the wider city, with prices -20% lower than the Melbourne average.

The US Open is the next most affordable location for tennis fans, with the average house price surrounding Flushing Meadows Corona Park currently coming in at £474,099. Again, this is -10% more affordable than the average house price in New York City as a whole.

Across the 16th Arrondissement of Paris, home to the French Open, the current average house prices is a respectable £690,724, 4% higher than the average property price in Paris.

However, there is one clear winner when it comes to the cost of buying around a major tennis venue. The current average price of homes listed for sale in the Wimbledon SW19 postcode comes in just over the one million pound mark (£1,018,723).

Not only do Wimbledon property costs come in 47% higher than the 16th Arrondissement of Paris, but they’re also some 112% higher than the current London average.

Major
Location
Average house price
Average house price (in £)
Difference to Home City
Wimbledon
£1,018,723
£1,018,723
112%
£481,645
£481,645
French Open
763,125 EUR
£690,724
4%
735,000 EUR
£665,267
US Open
588,000 USD
£474,099
-10%
New York City
652,307 USD
£525,949
Australian Open
590,000 AUS dollars
£327,232
-20%
Melbourne
706,000 AUS dollars
£391,569

Properganda PR

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

You May Also Enjoy

Home and Living

Mould Tops List of Bathroom Red Flags For Homebuyers

Mould, Space & Water Pressure: 3 Bathroom Deal-breakers Affecting House Sales This Spring   Almost 9 in 10 (88%) Brits say at least one bathroom issue would put them off making an offer on a house.   Mould (60%), lack of space (44%), and water pressure (37%) are the top three deal-breakers, with concern intensifying…
Read More →
Home and Living

10 Common Carpet Stains and How to Remove Them

Carpets rarely get dirty in one obvious moment. It’s usually something you don’t notice right away. A bit of coffee in the morning when you’re half awake. Someone walks in with slightly wet shoes. Something small gets dropped during dinner and wiped quickly, but not completely. None of it feels important at the time. Then,…
Read More →
bank of england interest rate
Breaking News

Industry Response to Bank of England Rate Hold

The Bank of England has just announced its decision to hold the base rate at 3.75%. This decision comes as a result of wider economic uncertainty and inflation (CPI) increasing to 3.3% in March and remaining above the Bank’s 2.0% target.   Matt Smith, Rightmove’s mortgage expert “A Bank Rate hold is actually positive news…
Read More →
Letting Agent Talk

England’s non-decent homes could fall by 20%, but it will cost £1.43bn

The latest insight from Inventory Base indicates that the number of non-decent homes in England could be reduced by 20% over the next ten years. However, the sector must recognise that even this modest and achievable reduction would come at a substantial cost of £1.43 billion.   Inventory Base’s analysis of government data shows that,…
Read More →
Estate Agent Talk

Agents face growing stock backlog as slower market leaves more homes unsold

The latest research by GetAgent has revealed that estate agents are facing a growing backlog of unsold homes as the proportion of stock being converted into sales has fallen across almost every region of the market over the last year.   GetAgent analysed current sales turnover rates across the market, measuring the number of homes…
Read More →
what is happening to house prices
Breaking News

Renters’ Rights Act – What landlords should do now

On 1st May 2026, the first raft of measures in the Renters’ Rights Act (RRA) come into force in England. Here are the key changes to be aware of and steps landlords need to take:   Periodic ‘rolling’ tenancies will replace fixed-term tenancies. The common minimum six or 12-month commitments will disappear, and tenants will…
Read More →