In this speed read article, we take a look at what this year's prize money at the Wimbledon Tennis championships means in terms of property investment across England and Wales
- The 134th Wimbledon Championships is underway, a suite of new champions set to be crowned in a glorious weekend of sporting action.
- While the average price of a property across England and Wales has risen by 10% since 2019, at £35 million the total prize pot for Wimbledon is 11% lower.
- If players seek to invest their money, in property terms their prize money goes a long way. All but 0.6% of property sales over the past year have been within the winners budget of £1.7 million, all but 3.2% sold for the runners-up.
- Even for those exiting in the 4th round, 30% of the market across England and Wales sold within their £181,000 prize pot.
- Source: Dataloft, UKHPI, Land Registry, based on sales June 2020 to May 2021. Single's winners.