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

Planning disputes on new build land
Breaking News

Developers lose confidence ahead of Autumn Budget

Jonathan Samuels, CEO of Octane Capital, believes that growing uncertainty surrounding the Autumn Budget has left many developers hesitant to progress new housing projects, with confidence falling sharply as fears of new property taxes, rising costs, and ongoing planning challenges weigh heavily on the sector. The latest survey of UK property developers, commissioned by specialist…
Read More →
Breaking News

Could the Autumn Budget dent property values?

Autumn Budget uncertainty could see house prices continue to fall The latest research by nationwide cash buying company and quick sale specialists, Springbok Properties, has found that those looking to sell could see the value of their home fall over the remainder of the year, as historic data shows that major fiscal events such as…
Read More →
bricks rubble
Breaking News

Westminster Debate Highlights Urgent Need to Tackle Rogue Builders

A Westminster Hall debate yesterday, led by Mark Garnier MP, brought MPs from across the political spectrum together to address the growing problem of rogue builders. The discussion highlighted shocking cases of homeowners losing thousands of pounds, unsafe work being carried out, and rogue traders repeatedly evading justice by exploiting loopholes in the current system.…
Read More →
Breaking News

Ombudsman welcomes Renters’ Rights Act implementation roadmap

The Property Ombudsman welcomed the Government’s roadmap for the Renters’ Rights Act 2025 that sets out how the legislation will be implemented. The Government’s announcement today (14 November) follows the Property Ombudsman’s Consumer and Industry Forum on 12 November where Stephanie Kvam, Deputy Director – Private Rented Sector at the Ministry of Housing, Communities and…
Read More →
Estate Agent Talk

New Legislation is Set to Reshape the Property Industry

Propertymark urges members to book a compliance audit as new legislation is set to reshape the industry. As significant legislative changes roll out across the UK’s property sector, Propertymark is approaching its estate and letting agent members to get them booked in for a compliance audit as it’s “the most effective way to ensure their…
Read More →
Breaking News

Don’t let the silent killer into your home: Carbon Monoxide Awareness Week

Don’t let the silent killer into your home: Propertymark’s advice for Carbon Monoxide Awareness Week As the UK marks Carbon Monoxide Awareness Week this week (17–23 November 2025), Propertymark, the professional body for estate and letting agents, is urging all tenants and homeowners to take five minutes to check their carbon monoxide (CO) alarms and…
Read More →