The £1,425 cost of ‘Pottermania’

Parents of Harry Potter fans may be forgiven for not feeling the world famous wizard is all that ‘magic’, as research reveals the £1,425 cost of being an official fan.

The launch this week (21st July) of the final book in the series, and the current screening of the fifth film, look set to conjure up Pottermania once again, leaving families of hardened Harry fans even more out of pocket.

The research from friendly society LV= calculates that the full set of Harry Potter books alone would stack up to £174 in value, while investing in his wizard wardrobe (including wand, robe, tie, glasses, pyjamas and broom) would cost an additional £113. Add to this a whopping £372 price tag for the various official games and toys, and it is easy to see how Harry’s spell could cause Potter parents a real financial headache this summer.

A muggle’s guide to becoming a fully paid-up Potter fan

Books £174
Outfit £113
Games and toys £372
Audio books £465
DVDs £44
Cinema experience £189
Bedroom £68
Total £1,425

Martin Milliner at LV= said: “Harry Potter has proved hugely popular with children and adults alike, and as a result a fantastic franchise has built up around him. The real question is whether families can resist the hype or if pester power will see the total cost of being a fan spiral even higher this summer.

“Families of young fans should not overlook the value of these additional items, and should take account of them when calculating the overall value of their home contents for insurance purposes.”