How much does it cost to live in Winterfell?

How much does it cost to live in Winterfell?

With the seventh season of Game of Thrones kicking off, eMoov’s latest research highlights the cost of getting on the ladder across some of the most iconic areas featured in the show.

Using property market information from each of the filming locations, eMoov highlighted where the best destinations to buy property like a Stark and a Lannister is while showing the hotspots across both Westeros and the Free Cities.  

King’s Landing

Average House Price: £294,622

Pros: Robust property market, nice weather

Cons: High murder level, use of wildfire

The property bubble in the once leading city slowed soon after King Baratheon was killed and the Lannister’s took reign of the Seven Kingdoms. It is home to brothels, a number of high profile murders and most recently a wildfire attack – making it one of the most dangerous areas in Westeros for homeowners.

In recent years despite the market slowdown and intermittent sources of danger, house prices in King’s Landing have increased by +2.9%, although this price growth has been turbulent. Property prices here start at £180,000 and upward with the average property costing £294,622 - although a brand new terraced house overlooking the King’s Landing will set you back £780,000 or more and the high-end market can top out at £5m.

Property prices based on current market conditions in Mdina, Malta (filming location during season one).

Slaver’s Bay/Bay of Dragons

Average House Price: £299,794

Pros: Warm, sunny climate, influx of buyer demand

Cons: Previous negative image and regeneration yet to be completed

Across the Free Cities, the Bay of Dragons has seen the largest increase in property prices since its liberation by Queen Daenerys Targaryen, the Mother of Dragons, when she eradicated slavery in the region and set the residents free.

There is typically a warmer and more arid climate than the one found in the Seven Kingdoms and property starts at about £70,000 for the more cosy apartment but can climb to as much as £123,000 for something more substantial. The average property price across all property types in the Bay of Dragons now averages just below £300,000 following an influx of buyer demand and positive market sentiment due to the post slave trade era.

Property prices based on current market conditions in Split, Croatia (filming location). Split has seen the largest annual increase in property prices of all Croatia’s major cities.


Beyond the Wall

Average House Price: £266,000

Pros: Quiet and small population

Cons: Cold winter climate

Beyond the wall is home to some of the most affordable property prices in the land, largely due to high market uncertainty fueled by the Seven Kingdoms, with the addition of the cold climate reducing property appeal to potential buyers.

The market saw a brief spike due to homeowner Jon Snow being in the neighbourhood for a short while, although buyer demand soon plummeted and stock levels increased when he left the community with the majority of the Night’s Watch and the Wildlings. That being said, it continues to be a quaint, wintery region for people looking to get on the property ladder and ideal for first time buyers with property costing just £224 per square foot.

Property prices based on current market conditions in Iceland (filming location).

Lordsport

Average House Price: £127,920

Pros: Proud people

Cons: Dark and damp weather, uncertain political landscape

Property on the land of the “ironborn” boasts an average property price of £127,920 but could be on the rise following the regicide of Balon Greyjoy and his brother Euron naming himself the King of the Isles and of the North. Of course, only if his takeover is not intercepted by his niece and nephew.

Although the average house price in the wider area is fairly affordable, a cottage in the immediate vicinity of Pyke's main lifeline for trade can go for as much as £350,000 price tag.  

Property prices based on current market conditions in North Antrim, Northern Ireland (filming location).

Winterfell

Average House Price: £130,322

Pros: Affordable property and appreciating prices

Cons: Uncertainty in the market due to future of who runs the North

Next up is Winterfell, the location of the Stark’s home before it was captured, and finally returned to its rightful owners in the past season.

The average house price in Winterfell is an affordable £130,332, up +4% from season one, however, a premium property such as Stark’s is not only substantially more expensive but reserved for the elite of the area. But those with eye watering wealth can still enter the market on a similar level for a price tag of £2,250,000.

Property prices based on current market conditions in Newry, Mourne and Down, Northern Ireland (filming location).

Castle Black/Wall

Average House Price: £114,932

Pros: Quieter than in the South

Cons: Always a cooler climate, lots of snow and less desirable neighbours

If taking the black is of greater interest, the Wall and Castle Black is the best option for want-to-be protectors of Westeros.
If you're working on the wall and want a quick commute to work rather than stay in Castle Black, a property close by will cost you £114,932 on average. That said, although the current tenants are less than desirable and the building is in dire need of some modernisation, Castle Black would still command between £800,000-£1m based on the current market climate.

Your own piece of Game of Thrones

The tourist boards of a number of past Game of Thrones filming destinations have recorded a surge in visits since these places were screened with Mdina in Malta, Split in Croatia, Iceland, Morocco, Spain and more benefiting from the explosive popularity of the show.
It is possible that Northern Ireland could be the next up-and-coming hotspot for die hard GOT fans as well as those looking for affordable price tags before winter comes.

Belfast is home to the show’s Titanic Studios, where the majority of the inside scenes are filmed from Winterfell to King’s Landing to Meereen. The property in Northern Ireland’s capital goes for £115,868, up +8% from £107,326 in April 2011 when Game of Thrones first aired. This is a great option for property buyers who are keen to get close to the action with a property £100,000 below the UK’s average (£220,094).

As we’ve also already highlighted, Antrim and Newry, Mourne and Down could also benefit from their roles as notable landscapes within Game of Thrones.

Russell Quirk, founder and CEO of eMoov.co.uk, commented: “Although this is a bit of fun in terms of valuing fictional properties in the Game of Thrones, the success of the show has a very real impact on the areas in which it is filmed, which can boost the economy and in turn help to stimulate property prices.

Northern Ireland provides an ideal property investment opportunity for die hard Game of Thrones fans, with a much lower average house prices than the rest of the UK. Such a popular show being based there has certainly helped bring jobs and industry to the surrounding communities and helps showcase the stunning scenery boosting tourism in the process.”

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Latest Comments

IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

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SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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Bertrand
Bertrand 02 Jun 2017

How about the Welsh Govt introducing a scheme to protect landlords against "rogue" tenants who are then taken to court for criminal damage to the properties they trash. Pretty unlikely I suspect and politically...

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AmberMorris
AmberMorris 25 May 2017

"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

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Oliver Conway
Oliver Conway 18 May 2017

Making a neat inventory is a good idea, but if the seller is not willing to provide it, can the buyer demand it?

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