The England star signed for Real Madrid from Borussia Dortmund in the summer for a fee of £115m.

He has scored an incredible 17 goals in 22 games since moving to Spain and his good form has seen his value skyrocket.

According to the CIES Football Observatory model, which predicts transfer fees by analyzing 6,000 previous transactions, Bellingham is worth £231m on the current market.

He surpassed Manchester City’s scoring machine Erling Haaland to take the top spot with a gap of 14 million pounds.

Bellingham’s teammates Vinicius Junior and Rodrygo are third and fourth with assets of £216m and £214m respectively.

Arsenal star Bukayo Saka rounds out the top 5 with a whopping price tag of £193 million.

Man City duo Phil Foden is in sixth place and Julian Alvarez is in eighth place.

Barcelona teenage star Gavi is valued at £151m and Bayern Munich prodigy Jamal Musiala is expected to command a fee of £132m.

The top 10 is completed by Gunners captain Martin Odegaard, who is valued at £130m.

He narrowly surpassed teammate Gabriel Martinelli as his value was just over £2 million less.

PSG star Kylian Mbappé has dropped from the list due to his contract expiring at the end of this season.

The French player is currently worth just 92 million pounds, CIES confirmed.

Compared to estimates published last year, the number of players worth more than £86.3m has almost doubled from 20 to 39 of the top 100 players.