Falling mortgage rates have brought relief to homeowners and buyers in almost every Premier League location, with just four clubs’ local areas seeing costs rise over the past year, according to research from mortgage adviser Alexander Hall.

An analysis of the average monthly mortgage bill in each club’s local authority found that Newcastle, Liverpool, Everton and Sunderland were the only teams whose areas had seen increases.

In Newcastle (pictured), the average cost rose by 4.4% over the past 12 months, while Sunderland saw a 1% uplift. In the Liverpool local authority, home to both Liverpool and Everton, the cost climbed by 2.8%.

By contrast, the vast majority of clubs have benefited from falling rates. Chelsea and Fulham share the priciest patch, with an average mortgage across Hammersmith and Fulham now £3,708 a month.

Arsenal’s Islington follows at £3,275. But these areas have also enjoyed some of the steepest improvements: Islington’s average bill is down 15% on last year, and Hammersmith and Fulham’s has dropped 13.2%.

West Ham United’s Newham saw an 8.4% fall, while Bournemouth recorded the largest drop outside London at 6.3%. Manchester City’s Manchester and Brighton & Hove Albion’s Brighton and Hove both saw reductions of 5.9%.

Alexander Hall’s director of partnerships, Stephanie Daley, said the shift in mortgage costs was welcome news for most supporters. “Improvements to the mortgage landscape over the last year have seen the monthly cost of a mortgage reduce across all but a few Premier League locations,” she said.

“This is great news for those looking to climb the property ladder or for homeowners nearing the end of their fixed-term deals, who stand to benefit from lower monthly payments versus last season, giving them a little extra budget to secure that all-important matchday ticket.”

Daley noted that Newcastle fans face the sharpest rise in costs this year, though she added that the club’s first trophy in 56 years “should help ease the pain”.