New Report Reveal The Postcode Premiums Of The World’s Greatest Landmarks

The new Lucrative Landmarks Report from the mortgage experts at money.co.uk analyses the value of property neighbouring 32 of the world’s most iconic landmarks, 20 National Parks, 11 theme parks and seven official wonders of the world. Then compared them to the nearest city’s average house price, creating a Proximity Premium Score*.

The research found homes with the most visited landmarks on their doorstep list for an average price of £2,015,014, that’s 246% more than the area’s average.

Living near a theme park could increase the value of your home by 97% on average.

From Disney to Legoland, the mortgage experts at money.co.uk have determined which theme parks could double the value of homes in the neighbourhood. Each park can score a maximum of 11 points, giving a top score of 66.

Disney Doubles Your Money

Topping the list is Hong Kong Disneyland Resort, scoring 49/66. The closest three-bed homes to the parks are listed at a magical £894,689, that’s 93% more than the average property in Hong Kong at £462,514. The Walt Disney World Resorts scored low on both pollution and traffic levels, making it the most desirable theme park on the list and the most expensive.

Living near one of the seven Disney resorts worldwide could double the value of your home (105%), but Shanghai Disneyland Resort adds the biggest markup to neighbouring properties; 63% above the Shanghai average price.

Legoland can be lucrative too, where property prices soar by 104% on average depending on the location.

Legoland California is top of the blocks, with properties listed for £1.4m, 64% more than properties close to Legoland Windsor.

15 Most Lucrative Landmarks to Live By: 

Source: Money.co.uk

The White House is the most lucrative landmark when we look at the proximity premium figure in isolation. Living in a property fit for a President would cost 2395% more than living in D.C.

The Lucrative Landmarks Report also looked at the volume of traffic and CO2e around the landmark, to assess how pleasant a landmark might be to live around.

Scoring high for both traffic and pollution levels, living in a property neighbouring Edinburgh Castle can decrease property value by 3%, despite being the top historical attraction in the Scottish capital.

Salman Haqqi, money.co.uk’s personal finance expert, added: “If you are in the market for a property near a landmark, choosing the right one is essential. Some homeowners will love being next to an iconic tourist attraction. However, others might find the pollution, traffic and footfall overwhelming.

“Our report has found that globally, landmarks can be a fantastic selling point, helping the sale price to outperform the average price for the area.

“Before starting the search for your new home, make sure you have a budget so you know the maximum amount you can afford to spend or borrow based on your deposit and mortgage offer.”