How Much Are Our Favourite Celebrity’s Childhood Homes Worth Today?
Would you want to buy the house that your idol grew up in? We conducted some research to see if property prices alter depending on who’s lived there; to reveal just how much celebrity homes were worth when they grew up there, compared to their worth today.
Paul McCartney: +7,832%
Paul McCartney grew up at 72 Western Avenue in Entwistle Green, Liverpool, between 1946 and the mid-1950s. While the exact price of the property during this period of time is unknown, as a council house, the average price back then was £1,891.
When it was put up for auction in 2015, it was expected to sell for £100,000, but it actually sold for £150,000, which means the price increased by a massive 7,832%!
Richard Branson: +2,222%
Richard Branson resided at Tanywards Farm in Shamley Green, Surrey from 1978 until he made it big as an entrepreneur. In 1978, it was bought for £180,000, but was recently put on sale for an eye-watering £4 million – which means it has increased by 2,222%!
Renee Zellweger: +1,223%
During her childhood in the 1980s, Renee Zellweger grew up in a beautiful 2,897 square-foot home in Katy, Texas, 30 miles west of Houston. The average cost of houses in Texas during this time was $61,300 (approximately £45,000), but when Renee’s childhood home was put on the market in 2020, it was listed at an impressive $750,000 (around £560,000). That means the property has increased by an incredible 1,223%!
Shortly after Beyonce was born, her parents purchased a riverside terrace in Houston, Texas in 1982, for $64,000 (approximately £48,000).
Beyonce lived there until she was five, and when it was put on the market in 2019, it was priced at a whopping $500,000 (around £374,100) – which equates to an impressive increase of 681%.
Taylor Swift: +146%
Before moving to Nashville in 2004 to pursue her dream of singing, Taylor Swift grew up in a spacious home in Reading, Pennsylvania.
Her parents sold the home for $480,000 (approximately £360,000) in 2007, and when it was put on the market again by the new owners in 2013, it sold for $700,000 – a huge 146% increase in just six years.
Most celebrity childhood homes see a significant price increase over the years. For example, the home that Jennifer Lopez grew up in, in the Bronx, New York, between 1969-1987 had an estimated price of $90,300 (£67,600) at the time, but sold for $439,000 (£328,530) in 2009.
Similarly, Madonna’s modest teenage home in Rochester Hills, Michigan saw a significant increase too – sold by her father and stepmother for $270,000 (approximately £200,000) in 2001, and for a massive $411,000 (£310,000) in 2017.
However, not all celeb homes have had the same happy fate. Kurt Cobain’s childhood home in Aberdeen, Washington was bought for $65,600 (approximately £49,000) in 1969. His mother didn’t make any changes to the home since Kurt lived there, and put it on the market in 2013 for $500,000. However, this was cut down to $400,000, and then $329,000. Seven years later, it still hasn’t sold, with the property estimated to be worth less than $67,000.
Eminem’s childhood home on Dresden Street, Detroit has suffered a similar disastrous fate. When he grew up there in the ‘90s, it was worth a mere $19,900 (approximately £15,000). In 2013, it was featured on the cover of his Marshall Mathers LP2 album, but was demolished the same year by the state of Michigan, after being declared unsafe.
While it’s hard to say for sure if a property’s price dramatically increases directly because a celebrity grew up there, you’d think that for superfans, the lure of living in the same place as their idols would be very tempting! But what’s really interesting is that lots of famous celebrities had modest upbringings, living in homes similar to us.
And if you’re looking to sell your home, whilst the price might not have increased by more than 1,000% like Paul McCartney’s, Richard Branson’s, and Renee Zellweger’s homes; if you want a fast sale, then we can help. Get in touch with us today for a free cash offer, or alternatively, for tips and tricks on how to increase the value of your home, head on over to our blog.