Sunderland slump to the bottom of the league – when it comes to property prices, that is

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SUNDERLAND are also-rans in the property price Premier League.

Estate agency website has analysed the average price of homes around each Premier League stadium.

It ranked Sunderland a lowly 15th out of 20, with properties around the Stadium of Light worth an average £126,374, down £2,047 on last season.

That still leaves the Black Cats five places behind rivals Newcastle United in the table, with the average house price around the Sports Direct Arena coming in at £169,553.

There is good news, however, as Sunderland is well ahead of top flight champions Manchester City.

The Blues’ Etihad Stadium may be impressive, but an average house price of just £98,088 nearby leaves Roberto Mancini’s men mired in the property relegation zone in 18th place.

Only Aston Villa, with an average local property price of £94,296 and Everton, at £66,137, are lower placed.

Unsurprisingly, the top end of the house price league is dominated by London clubs.

Chelsea claim the title of 2012 Property Premier League champions, with anyone who fancies being able to walk to home games at Stamford Bridge facing an eye-watering average pay-out of £1,467,803.

London clubs occupy the next three spots on the list with Fulham in second place, where the average pad around Craven Cottage is currently valued at £862,250. Arsenal and Queens Park Rangers complete the top four, with average property values of £544,502 and £495,491 near to their stadiums respectively

Queens Park Rangers come out on top in terms of house price performance over the last year, with the average value of properties around Loftus Road rising 5.84 per cent over the last 12 months.

Wigan had the worst performance over the last season, with local property values falling an average 8.74 per cent in the vicinity of the JJB.

Nigel Lewis of, said: “Millionaire footballers may live in some of the country’s most exclusive areas, but average property values around the stadiums in which they make their living are in stark contrast to Wag hotspots like Oxshott, Cobham and Alderly Edge.

“For fans of Manchester City, knowing that local property values are lower than the majority of their Premier League counterparts may be somewhat disheartening.

“But diehard fans of Fulham and Arsenal might well be willing to trade a few pounds off their property values, in exchange for some silverware in their club’s trophy cabinet.”

Twitter: @sunechobiz