Wimbledon has not only retained its title as the most expensive property market among the world’s four tennis Grand Slam venues but has also seen the strongest improvement in mortgage affordability over the past year, according to new research from Foxtons and its mortgage arm Alexander Hall.
The joint analysis compared the housing markets immediately surrounding the venues of Wimbledon (UK), Flushing Meadows (US Open), the 16th arrondissement of Paris (Roland-Garros) and Melbourne Park (Australian Open).
The study assessed average house prices, monthly mortgage repayments, and annual changes in affordability.
HIGHEST AVERAGE VALUE
Wimbledon recorded the highest average property value at £852,958, ahead of Paris (£730,125), Flushing Meadows (£594,513) and Melbourne Park (£284,987).
Despite topping the house price table, Wimbledon also posted the greatest year-on-year improvement in mortgage affordability, with average monthly repayments down by 10.6%.
Flushing Meadows followed with an 8.3% drop, while Paris saw a more modest 4.3% decline. Melbourne was the only location where repayments increased, rising by 1%, largely due to higher interest rates in Australia.
LOCAL INTEREST RATES
Monthly repayments across the four Grand Slam areas are relatively even, despite differing price points – highlighting the influence of local interest rates. Wimbledon’s average monthly repayment stands at £4,030, compared to £3,448 in Paris and £3,311 in Melbourne. The US Open site remains the most affordable at £1,558.
Stephanie Daley, Director of Partnerships at Alexander Hall, reckons the figures reflect broader shifts in the UK mortgage landscape.
She said: “Whilst Wimbledon continues to boast the highest property values of all four tennis major locations, buyers with ambitions of living a stone’s throw from the iconic sporting venue will be glad to know that the area has seen a considerable improvement when it comes to the monthly cost of a mortgage.”
BUYER AFFORDABILITY
And she added: “This highlights the wider improvements seen across the UK mortgage market over the past year, with falling rates playing a significant role in improving buyer affordability.
“So whilst securing a foothold in one of London’s most iconic locations doesn’t come cheap, the cost of borrowing in order to buy has certainly become more affordable.”
Daley added that the findings reinforce the importance of professional mortgage advice: “For buyers navigating high-value areas with shifting affordability, tailored advice remains critical—not just to secure a competitive rate, but to manage long-term borrowing costs effectively.”
MOST PRESTIGIOUS
Guy Gittins, CEO of Foxtons, said: “Wimbledon remains by far the most prestigious of all four tennis majors when it comes to the local housing market surrounding the iconic sporting venue.
“This status continues to be underpinned by its global recognition, desirable village charm and long-standing appeal to both domestic and international buyers.”
