Test match special – howzat for property prices?

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As the test match season comes into play in May, cricket fans may be surprised to learn what it would cost to live with a view of their favourite wicket. Sequence, owners of leading London estate agent Barnard Marcus, surveyed five test match grounds including London’s famous Lords to see if fans will be bowled over by the price of a view into the ground.

Maxine Footitt, manager of Barnard Marcus in St John’s Wood says: “There are two blocks overlooking the ground – The Pavilions and Lord’s View – the first property sells for £1,500 per sq ft the second for about £800 per sq ft. A view of the ground certainly adds interest but the general vista is so good as it extends across London too and will sell at a premium – perhaps between £100-£500 more per sq ft for a good view of the cricket

“The ground is in one of London’s prime residential areas so there are no downsides to living close to the ground. International cricket matches bring in the crowds and you can see the floodlights but it is London so it’s expected.

“These properties in the heart of St. John’s Wood probably sell for 10-15% more near the ground primarily because of the transport links and amenities.”

David Plumtree, CEO of Sequence, comments: “An apartment that actually enjoys a view into a cricket ground – which not all the test venues enjoy – appears to command a premium on the price and will certainly add marketing value too. In London, if you overlook Lords you may have to pay even more. The higher floors of two particular blocks certainly sell for a premium largely because of the great views over the capital – being able to watch the cricket is a bonus for someone who understands the LBW rule!”

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Oval

London SE11 35,000 capacity

Lords

London NW8

30,000 capacity

Trent Bridge

NG2 6AG

(17,500)

Headingley

LS6 3DP

(20,000)

Edgbatson

B5 7QU

(25,000)

Fixtures

Eng v Aus, August 5th

Eng v NZ 16th-20th May

Eng v Aus

18th-22nd May

ICC Champions Trophy final 23rd June

Eng v NZ 24th-28th May

 

 

One Day International Eng v Aus September 11th/ Final of Champions Trophy, 23rd June

Property Prices

 

 

 

 

 

Overlooking the Ground

£360,000

£959,000

£140,000

None overlook the ground

Very rare

Next to the ground

£315,000

£850,000

£135,000

£130,000

£164,950

Further from the ground

£375,000

£900,000

£140,000

£180,000

£200,000

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