Proximity to a venue can increase or decrease home values depending on the type of sport being played, a survey reveals Anyone for a tennis des res? It may be time to kick the football away and pick up a tennis racquet, because British property values rise close to tennis and cricket venues, but fall near football grounds, research shows. According to property portal Propertyfinder.com, homes near football clubs are worth 1.8 per cent less than those further away, on average. But nearby cricket grounds add 3.3 per cent to property prices, and the All England Tennis Club, a grand slam 6 per cent. The portal said the huge rise in the popularity of cricket could be responsible for adding GBP14,500 ($198,667) to the price of homes close to Lord's Cricket Ground in London, compared with the average price of GBP520,025 in the local Borough of Westminster, a 2.8 per cent premium. In Birmingham, properties close to Edgbaston cricket ground are worth 3.8 per cent more than similar homes further away in the Edgbaston district. Scott Alexander, director of estate agent Anscombe & Ringland in St John's Wood, London, said: 'Overlooking Lord's is always an attractive benefit for a potential purchaser which was highlighted during the recent Test series. I had two or three buyers who wanted a penthouse that overlooked Lord's and were prepared to pay a premium for a direct view of the pitch.' Being within 3km of the All England Tennis Club in Wimbledon adds about GBP20,000 to the GBP293,238 average property price in the local borough Merton. Four-fifths of Wimbledon estate agents said buyers liked the cachet associated with living in the area. The opportunity to rent homes to tennis players during Wimbledon fortnight was an added attraction, the survey found. Nick Allen, partner at Allen Briegel estate agency in Wimbledon, said: 'A lot of people living close to Wimbledon are proud to be near such a prestigious sporting venue. Also, many people go away during the tournament and rent their houses at a very high price or turn their driveways into car parks.' Buyers were wary of purchasing near football grounds, two-thirds of estate agents responding to the survey said. Half of buyers said they wanted homes further away to avoid traffic congestion, noise, vandalism and parking problems. In west London, a home within 1.6km of Chelsea FC is worth about GBP13,000 less than similar properties further away. Near Fulham FC, a home is worth 2 per cent, or GBP8,500, less than the average in the Borough of Hammersmith and Fulham. Close proximity to West Midlands-based Aston Villa FC knocks GBP1,500 off the value of homes. Simon Shinerock, director of Midlands estate agency Choices Acquisitions, said: 'While businesses prosper by being close to the Aston Villa FC ground, residents find the crowds and the noise disruptive. This reduces demand for local property and that inevitably has an effect on prices.' Propertyfinder.com's survey found other types of sports venue, such as athletics and rugby grounds had little effect on prices, probably because they attracted relatively few spectators. Propertyfinder.com managing director Jim Buckle said: 'Football may be the nation's favourite sport, but people don't seem to want it on their doorstep. Even though match days are relatively infrequent, the crowds do spoil residents' enjoyment of their homes and this has a modest impact on house prices. 'Cricket and tennis have a better reputation and their supporters generally behave better, but we must not forget that the main fixtures take place only in summer when people are generally in a better mood.'