Thursday, 18 July 2019

The Warrington Monopoly Board


CLICK HERE TO FIND OUT HOW MUCH YOUR WARRINGTON HOME IS WORTH FOR FREE



Board games seem a thing of the past for youngsters nowadays with their consoles and mobile phones yet a family favourite in our household that will bring young and old together is Monopoly.

Mayfair is the square everyone wants to buy and whilst it is the most expensive to buy – it offers the greatest returns. Mayfair was the must have London address when the Monopoly board game was made in 1935 when, at the time, it was the most expensive street to buy houses at £400 each. A member of my family asked me what a property today would be worth in Mayfair and how much it would cost to buy them all. Readers will know I like a challenge. My research shows that a typical house in Mayfair today costs on average £2.8m - whilst the total value of all the property in the Mayfair area currently stands at £11.8bn.

The fun part of Monopoly was to build more houses and ultimately a hotel to extract the maximum rent from the other players who landed on the square. That made me think, instead of looking at the average value of a property on the street, what if we looked at the total value of property on the whole street. So, I carried out some research on all the 340 streets in WA1 and calculated the top 20 streets in terms of their total value of all properties on the street..  and just for fun, colour coded them as if they were on a Monopoly board 


Mayfair and Park Lane are represented by Manchester Road and Padgate Lane. Surprises in the mix include Cliftonville Road and Willis Street. They are rightly in the list because of the sheer size of those streets; because whilst the value of those homes are much lower than the posher streets, the total value of the whole street means they make the top 20 list.


  
Now of course whilst drawing a comparison between a 1935 board game and the actual total house values on those Warrington streets and roads provides a light hearted point of view of the Warrington property market, it does present a credible picture of Warrington’s most popular streets. Next time I will get back to writing an article with a little more seriousness and deeper issues on the Warrington housing market … but this week, I hope you enjoyed my little bit of fun!

If you are looking for an agent that is well established, professional and communicative, then contact us to find out how we can get the best out of your investment property.


Email me on manoj@hamletwarrington.co.uk or call on 01925 235338. If you are in the area, feel free to pop into the office – we are based on G5, Warrington Business Park, Long Lane, WA2 8TX. There is plenty of free parking and the kettle is always on.
Don't forget to visit the links below to view back dated deals and Warrington Property News.

4 comments:

  1. Remarkable experience earned after reading all the points of this website. I tried hard to get clue about how I could prove content of its blogs not much effective but I surrendered all my weapons just after reading it. Airbnb in San Diego

    ReplyDelete
  2. Nice blog,
    I get the really nice information from your blog.
    Thanks for sharing the useful blog.
    Buying Out of State Properties

    ReplyDelete
  3. This is such an informative blog, your opinion, observations and ideas are amazing and to the point. I would love to read more content like this, and I want to give one advice to you are looking for a best builders in bhopal then Sagar Green Hills is the ideal township for you.

    ReplyDelete

  4. I was scrolling the internet like every day, there I found this article which is related to my interest. The way you covered the knowledge about the subject and the builders in bhopal was worth to read, it undoubtedly cleared my vision and thoughts towards B flats in bhopal . Your writing skills and the way you portrayed the examples are very impressive. The knowledge about duplex in bhopal is well covered. Thank you for putting this highly informative article on the internet which is clearing the vision about top builders in Bhopal and who are making an impact in the real estate sector by building such amazing townships.

    ReplyDelete