Wembley prices surge by £185,000 since the stadium reopened

Wembley house prices have rocketed by 71% in the decade since the new version of the iconic stadium was opened.

Prices around Wembley Park and North West London have risen from £259,979 in February 2007 to £445,545 in February 2017 – an increase of 71% or £185,566.

Martin Ellis, Halifax housing economist, said: “The Wembley area has undergone a great deal of regeneration over the past 10 to 15 years with the new stadium formally opened by HRH Prince William at the 2007 FA Cup Final.

“The regeneration programme is still ongoing, with Wembley named as one of the London Mayor’s housing zones and calls for a Crossrail link to be extended to the area.

“As a result, businesses and households have been attracted to the area and more recently, average house prices surrounding the Wembley Park have outpaced the rest of London and the UK overall.”

Wembley’s growth hasn’t matched that of Greater London however, as prices for all of London have risen by 83% from £318,872 in February 2007 to £584,151 in February 2017.

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Written by: Houseladder