Following the hotly-anticipated British Grand Prix event at the weekend, online estate agent eMoov has analysed the trends of the British property market in the years when a Brit has won the race…

eMoov.co.uk uncovered that since Stirling Moss first won in 1995, property prices in Britain has surged by a whopping 9680%.

During the time of his win the average house price stood at just £1,928.

Jackie Stewart won his first British Grand Prix at Silverstone in 1969, when the average house price had grown to £4,222 – and when he won again in 1971 prices had risen by another £884.

By the time Nigel Mansel won at Brands Hatch, property prices in the UK had risen by £32,500. Another win in 1991 coincided with house prices increasing to £54,626.

The consistent growth ended between 1991 and 1992 however, where it fell by £2,811.

Coulthard triumphed in the British Grand Prix in 1999, by which time the average house price had surged by around £20,000 in four years, toppling £71,000.

Following Coulthard’s win in 2000, house prices have grown a further 165% despite a 7-year period where there were no British winners.

When Lewis Hamilton ended the British winning drought in 2008, the average UK house price had more than doubled to £168,973 when compared with 2000. 

At the time of Hamilton’s second victory last year, house prices had climbed to £185,620.

“Things have changed dramatically in the UK since Stirling Moss first made the podium in 1955, both in F1 and property,” commented Russell Quirk, Founder and CEO of eMoov.co.uk.

“It really is mind-boggling to think a property back then was under £2,000.

“Of course this was the equivalent to about £50,000 in today’s money, but still a darn site cheaper nonetheless.”

Before the race, Russell had joked that if a British driver won at Silverstone, they would happily sell the winner’s house for free so, seeing as Hamilton won, might we be seeing a sale anytime soon?