SW19 is the only Grand Slam host area to record falling property values over the past year
House prices in Wimbledon have dropped by nearly 12% over the past 12 months, making it the weakest-performing property market among all four Grand Slam tennis host locations, according to new research from estate agency Benham and Reeves.
The study compared annual house price movements across residential areas linked to each of the four Grand Slam tournaments: Wimbledon Village and Park in SW19 (Wimbledon Championships), Richmond and Southbank in Melbourne (Australian Open), the 16th arrondissement in Paris (French Open), and the Flushing Meadows-Corona Park area of New York (US Open).
Wimbledon was the only location to record a fall in values during the period. Melbourne posted the strongest performance, with prices in the Richmond and Southbank districts rising by an estimated 18.3%.
Paris's 16th arrondissement recorded growth of approximately 7.1%, while the New York area surrounding Flushing Meadows-Corona Park saw a more modest increase of 3.8%.
"Wimbledon is synonymous with prestige, global recognition, and some of London's most desirable homes, which makes its recent house price performance particularly noteworthy," commented Marc von Grundherr (pictured right), director at Benham and Reeves.
"Prime markets often move differently to the wider housing sector and can be more sensitive to shifts in buyer sentiment, affordability considerations, and broader economic conditions.
"At the same time, the international appeal of Grand Slam locations remains clear. Whether in Melbourne, Paris, New York or London, these areas continue to benefit from global visibility, strong local identities, and long-established residential demand. As every tennis fan knows, form can be temporary, and property markets are no different."
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