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

Letting Agent Talk

Poor Communication becomes Expensive at Scale

The hidden cost of fragmented property management By Adam Hills, Client Services Director, LRG Living Markets A landlord asks for an update on a repair. The property manager asks the contractor, who is waiting for access from the tenant. Meanwhile, the accounts team has received an invoice but cannot tell whether the work is complete.…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

When Estate Agents Decide to Go Solo

Leaving an established estate agency to work independently gives experienced agents more control over fees, client service and working hours. It also brings responsibility for compliance, cash flow and every part of the customer experience. Before handing in your notice, test the idea against realistic sales volumes, local competition and the amount of time you…
Read More →
Estate Agent Talk

What Should Buyers Ask Before Reserving a New Build?

Research from Skipton Building Society has found that 44% of aspiring first time buyers would rather buy a new build than an older property, with just 30% favouring an older build. Modern fittings and appliances were the biggest draw, cited by over half of those who preferred a new build, alongside the promise of lower…
Read More →
Breaking News

The UK cities with the largest property price increases revealed

A new study has unveiled the most challenging UK cities for first-time buyers. Newry leads Northern Ireland’s ranking, with a property price increase of 12.8%, while Hull leads Great Britain’s ranking, recording an increase of 6.6%. The research examined data from HM Land Registry to reveal the cities that have faced the highest property price…
Read More →
Breaking News

The UK’s Most Expensive Property Hotspots Revealed

More than one in three homes sold in Camden last year fetched at least £1 million, making it the UK’s leading million-pound property hotspot in a new study of England and Wales. But despite London’s dominance at the top of the rankings, the research reveals a surprising trend: median sale prices in several expensive London…
Read More →
Breaking News

Lloyds House Price Index – October 2026

House prices in October 2026 were 1.2% lower compared to the same month a year earlier. House prices fall in October as market remains subdued • House prices fell by -0.6% in October, following a -0. 1% decrease in September • The average property price is now £29 6 ,285 , compared to £29 8…
Read More →