Living Next to Football Stadium

[DaveShoelace]

Me and the missus where debating this yesterday, maybe one of you guys has been an estate agent in the past or present.

Would living next to a major football stadium increase or decrease the value of your home? I know loads of people who would pay through the nose to live next to their beloved team and others that would wretch at the idea.

Obviously it is customer dependant, but I wanna know how an estate agent would broadly treat it. I reckon it increases the value (if we ignore the present housing climate)

[Colchester Kev]

depends  .. which club ?

[bolt pp]

I know people who live in the tower block over Charlton and used to charge people to watch the game from there, mostly when the big teams from the premier came, there was a bit of the away goal you couldn't see.

I dont know what sick fcks would pay to see a Charlton game though.

[gatso]

I know people who live in the tower block over Charlton and used to charge people to watch the game from there, mostly when the big teams from the premier came, there was a bit of the away goal you couldn't see.

I dont know what sick fcks would pay to see a Charlton game though.

the value of those flats went down when the new west stand was built, the roof blocks more of the pitch

[Acidmouse]

Unless u can see game from house its defo -EV

[TightEnd]

Definitely a negative, irrespective of team

[redsimon]

Definitely a negative, irrespective of team

If its really close to the ground would you have some potential gain holding a club hostage for redevelopment?

I understand most of the houses close to the City Ground are owned by Forest now and are used to house apprentices (Or whatever they are called nowadays).

[Longy]

Definitely a negative, irrespective of team

If its really close to the ground would you have some potential gain holding a club hostage for redevelopment?

I understand most of the houses close to the City Ground are owned by Forest now and are used to house apprentices (Or whatever they are called nowadays).

Really? When i first moved over to Bridgford i looked at a place right near the ground just off the radcliffe road oppo the cricket ground and that wasn't forest owned.

Forest is a weird one as the offset of living in Bridgford will make the houses still quite expensive relatively.

[Graham C]

Some of my mates had a house near Coventry's (old) ground when they were at uni.   Wasn't particularly nice and it was very loud when Cov scored a goal

[Colchester Kev]

Some of my mates had a house near Coventry's (old) ground when they were at uni.   Wasn't particularly nice and it was very loud when Cov scored a goal

Noise once every 6 weeks ... not too bad imo

[Rod Paradise]

Partick Thistle managed to keep themselves solvent by selling part of their ground at one end to build flats & a new stand.

THe builder put no windows in overlooking the pitch in all but one flat, which I'm told he kept for himself.

[Graham C]

My Auntie had a shop right next door to Hillsborough, literally next door, the bolts of the gates and fencing were attached to her building.  That was pretty good, I used to be able to get in for free when we went up there cos they knew all the security. 

[kinboshi]

I think it's -EV in most cases.  Noise, crowds, parking problems, congestion, etc.  Does depend on the ground and the team.

I'm sure the new flats they're putting up near Wembley will go for a packet though.

On a slightly different tangent, some of the properties overlooking cricket grounds are worth a fortune.  People hire them out to corporates and other groups to use whilst there's a test match on, and get a fair whack for it.

[action man]

obv +ev in the number of balls landing in your back garden at £50 a pop. Obv double glazing and top dodging ailities required

[AndrewT]

Definitely a negative, irrespective of team

If its really close to the ground would you have some potential gain holding a club hostage for redevelopment?

I understand most of the houses close to the City Ground are owned by Forest now and are used to house apprentices (Or whatever they are called nowadays).

About 20 years ago, Tesco were redeveloping the old Hoover Building beside where I grew up beside the A40 in West London. They were buying up houses on the road which ran alongside, as that's where they were planning to build the petrol station. They were paying above market value, and people duly sold up. One guy, spotting an opportunity, decided to see how much he could get out of Tesco, thinking he had them over a barrel.

'A million pounds' was what he wanted for his house (worth no more than £150,000). He thought all he had to do was wait and Tesco would cave into his demands, as not buying the house would mean they'd have to change all their plans.

But that's exactly what they did. So then this guy was stuck living in a house, with empty properties around him. With a petrol station at the bottom of his garden.