The average price of houses near Scottish Premiership football grounds have risen by 14% in the last 10 years, according to a study from the Bank of Scotland.

Prices have had an average increase of £18,285 in the past decade, from £134,518 in 2008 to £152,803 in 2018.

Despite the surge in price, it is significantly cheaper for homeowners to purchase a house near a Premiership stadium in comparison to the rest of Scotland.

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The average house price in Scotland is £175,866, a 13% increase on homes near Premiership grounds.

According to the study, homes close to Fir Park (Motherwell), Hope CBD Stadium (Hamilton Academical) and Easter Road (Hibernian) have seen the largest increase in value over the past decade, with a 23% increase. The average home value in these districts has grown by £28,069, £26,479 and £40,897 respectively.

Homes near Celtic Park have fallen by 14% to £97,810, while properties near Rangers' ground Ibrox have fallen by 8% to £88,572.

(CM)