Homesmart Lettings logo

The Runcorn Monopoly Board

Search for properties

To buy or to rent?

Property type

Minimum price

Maximum price

Minimum bedrooms

Thu 18 Jul 2019

The Runcorn Monopoly Board

Board games seem a thing of the past for youngsters nowadays with their consoles and mobile phones, yet a family favourite in our household that will bring young and old together is Monopoly.

Mayfair is the square everyone wants to buy, and while it is the most expensive to buy – it offers the greatest returns. Mayfair was the must-have London address when the Monopoly board game was made in 1935 when, at the time, it was the most expensive street to buy houses at £400 each. A member of my family asked me what a property today would be worth in Mayfair and how much it would cost to buy them all. Readers will know I like a challenge. My research shows that a typical house in Mayfair today costs on average £2.8m – while the total value of all the property in the Mayfair area currently stands at £11.8bn.

The fun part of Monopoly was to build more houses and ultimately a hotel to extract the maximum rent from the other players who landed on the square. That made me think, instead of looking at the average value of a property on the street, what if we looked at the total value of property on the whole street. So, I carried out some research on all the 870 streets in WA7 and calculated the top 20 streets in terms of their total value of all properties on the street, and just for fun, colour coded them as if they were on a Monopoly board.

 

Monoploy Street Board Runcorn ( WA7) Equvilent Street Total Value of all the Homes on the street 
Mayfair Chester Road £31,046,000
Park Lane The Glen £30,133,000
Bond Street Walsingham Drive £28,695,000
Oxford Street The Uplands £28,077,000
Regent Street Clifton Road £28,041,000
Piccadilly The Decks £27,495,000
Coventry Street Main Street £26,567,000
Leicester Square Malpas Road £25,472,000
Trafalgar Square Dorchester Park £25,011,000
Fleet Street Grangemoor £22,811,000
The Strand Weston Road £22,678,000
Vine Street Malmebury Park £22,295,000
Bow Street Halton Road £21,318,000
Pall Mall Boston Avenue  £21,145,000
Whitehall Calvers £20,692,000
Northumberland Ave Oxford Road  £20,458,000
Pentonville Road Aston Lane 19,880,000
Angel Islington Norleane Crescent  £18,340,000
White Chapel Road Moughland Lane £18,323,000
Old Kent Road Old Coach Road £17,857,000

Mayfair and Park Lane are represented by Chester Road and The Glen. Surprises in the mix include Queensway and Dysart Road. They are rightly in the list because of the sheer size of those streets; because while the value of those homes is much lower than the posher streets, the total value of the whole street means they make the top 20 list.



Now of course while drawing a comparison between a 1935 board game and the actual total house values on those Runcorn streets and roads provides a light-hearted point of view of the Runcorn property market, it does present a credible picture of Runcorn’s most popular streets. Next time I will get back to writing an article with a little more seriousness and deeper issues on the Runcorn housing market, but this week, I hope you enjoyed my little bit of fun!