The League, now in its fifth year, is based on the annual percentage change in house prices for the local authority containing each team’s stadium* and shows that Manchester United and Lancashire neighbours Burnley shared the spoils.
For Burnley, their 2017 standing marks a notable turnaround in fortunes because, after coming last (20th) in the 2016 ‘House Price Premier League’, they have risen 19 places to finish as joint winners this time.
In the previous League table, Burnley saw negative house price growth (-6 per cent) in the year to May 2016 with an average house price of £71,407. However, on the 2017 table, this has changed to a positive 8.6% annual growth, with an average house price of £77,525, the cheapest in the league.
Andrew Harvey, Senior Economic Analyst at Nationwide commented: