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The Beckham Effect

by Marquette Turner

in News & Views, Real Estate Radar, Rich & Famous

When most houses in the UK are losing value one home is actually increasing at an enormous rate. This house is the former home, and indeed the birthplace of soccer mega-star David Beckham, the property which should have a price tag of about £250,000 based on the local Leytonstone, East London market.

The three bedroom house, however, has been listed for sale for a staggering £850,000 and an offer of one million pounds has allegedly already been offered by an Australian collector of Beckham memorabilia.

If every property that Beckham ever lives in should turn to gold, imagine the huge theoretical increase in value to David and Victoria Beckham’s current home on San Ysidro Drive in Beverly Hills California, which they purchased for $18.2 US in 2007. (image courtesy of Microsoft Virtual Earth)

Simon Turner

FYI: Related articles on Homes of the Rich & Famous; or Luxury Homes; or the Housing Markets

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