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The St Patrick’s Day Property Pint Ladder
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
As it’s St Patrick’s Day, online estate agent eMoov.co.uk has analysed areas across the UK where property buyers can bag a bargain within walking distance of a pint of Guinness.
The agent assessed the average house price surrounding some of the UK’s best pubs for an authentic pint of Guinness and compared it to the average value in the city/borough.
eMoov then contacted each pub to find out the price of a pint of the black stuff, before working out how many pints a potential buyer could have in the kitty this St Patrick’s Day, due to the lower price of property surrounding these pubs.
With a good pint of Guinness very sought after in the UK, it’s no surprise that properties surrounding many pubs command a higher average price when compared to the wider area.
But the luck of the Irish means that there are a few spots where buyers can grab a more affordable property than the area average, close to a suitable location to spend St Patrick’s Day, with enough left over for plenty of pints.
The St Patrick’s Day Property Pint Ladder
Across these 11 pubs, the lower average house price means that property buyers can afford an additional 12,187 pints on average!
Ranked on the potential pint savings on offer, here are the top spots for Guinness lovers to bag a bargain:
- Boston Arms: £655,316
Islington average: £764,829
Price per pint: £4.50
Pints in the kitty: 31,298
- The Golden Rule: £158,511
Edinburgh average: £247,480
Price per pint: £4.00
Pints in the kitty: 22,242
- The Irish Centre: £125,132
Birmingham average: £176,897
Price per pint: £3.30
Pints in the kitty: 15,686
- The Tipperary: £982,177
Camden average: £1,052,368
Price per pint: £4.70
Pints in the kitty: 14,934
- The Grapes: £134,404
Sheffield average: £178,750
Price per pint: £3.30
Pints in the kitty: 13,438
- Malones: £167,151
Aberdeen average: £211,513
Price per pint: £3.50
Pints in the kitty: 12,675
- The Ship and Mitre: £132,296
Liverpool average: £154,092
Price per pint: £3.50
Pints in the kitty: 6,227
- Flannagan’s Apple: £132,296
Liverpool average: £154,092
Price per pint: £3.65
Pints in the kitty: 5,972
- Raglan Road Irish Bar: £158,802
Nottingham average: £181,388
Price per pint: £4.00
Pints in the kitty: 5,647
- Molly Malones: £148,272
Glasgow average: £160,980
Price per pint: £2.99
Pints in the kitty: 4,250
- Bugle Inn: £373,479
Brighton average: £380,256
Price per pint: £4.00
Pints in the kitty: 1,694
The Founder and CEO of eMoov, Russell Quirk, comments on the findings: “The Irish are much loved across the mainland and, regardless of where in the UK you go, you will always find a place to spend St Patrick’s Day in good company. This research shows which of those places not only offers a great pint, but also a more affordable property price when compared to the wider area.
“Much like day-to-day amenities, such as a local shop or good transport link, good social venues can also make the difference during a property sale. So having one nearby, with the addition of a more affordable price tag to the rest of the city, can help aid home sellers during the sale of their home.”
He adds: “Of course, despite the Irish reputation for drinking, we don’t condone anyone using their property savings to drink such an excessive amount of Guinness this weekend. But it just highlights how far those extra savings on property can go, when put into a day-to-day context.”
