Homes in the same postcode as Manchester Airport cost 73% more than the surrounding area.
Homes near airports outside London cost more despite the noise and air pollution, research from free online estate agent OwnerSellers has found.
Homes in the same postcode as Manchester Airport cost 73% more than the surrounding area, living near Birmingham International Airport incurs a 43% premium and homes near East Midlands Airport in Leicestershire cost 25% more.
Airports can fuel the local jobs market and boost infrastructure such as transport from the airport to city centre.
Rupert Cattell, founder of Ownersellers, said: “Homeowners have always considered areas near airports a disadvantage because of noise and traffic, however, this research conclusively demonstrates house prices near airports are undoubtedly soaring.
“Airports are almost always excellently linked to city centres and business hubs by train and road networks, giving residents who live in the area a great advantage when it comes to travelling and commuting.
“Anybody planning to grow their investment should not dismiss areas near airports – this could be a gateway to significant capital growth.”
House price premiums in other cities were 18% for Leeds, 13% for Bristol, 8% for Edinburgh, 7% for Luton, 5% for Newcastle and 2% for Liverpool.
An OwnerSellers spokesman said the trend is unlikely to apply to the London airports of Heathrow, Stansted and Gatwick.