Levenshulme and Burnage Property News
Wimbledon – prizes to properties
Tom Simper
Jul 7, 2021, 13:00 PM
The 134th Wimbledon Championships is underway, a suite of new champions set to be crowned in a glorious weekend of sporting action.
While the average price of a property across England and Wales has risen by 10% since 2019, at £35 million the total prize pot for Wimbledon is 11% lower.
If players seek to invest their money, in property terms their prize money goes a long way. All but 0.6% of property sales over the past year have been within the winners budget of £1.7 million, all but 3.2% sold for the runners-up.
Even for those exiting in the 4th round, 30% of the market across England and Wales sold within their £181,000 prize pot. Source: Dataloft, UKHPI, Land Registry, based on sales June 2020 to May 2021. Single's winners.
About The Blog
This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
Manchester is one of the fastest growing markets in the country. If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience and local knowledge to help.
T: 0161 441 0563
E: [email protected]
Leave a comment