The royal road names where property sells for 50% above average

June 6, 2019

While the Queen enjoyed her actual birthday back in April, this weekend will see the celebration of her official birthday which is traditionally celebrated on the second weekend of June. To mark the occasion, property finance specialists, One77 Mortgages, has looked at the current cost of securing a house with a royal road name and how this differs to the UK average.

One77 looked at 13 regal road names across the nation and what price the property has sold for on these roads over the last year.

The research shows that on average property on these roads will set you back some £340,191, 50% more than the current UK average of £226,798.

But it isn’t King or Queen that sits at the top of the royal road name family, it is in fact, Duke. Roads with Duke in the name are the most prestigious in all of the land, commanding an average sold price of £549,078.

This is followed rather appropriately by road names with Duchess in them, with an average sold price of £504,865 – the only two to exceed the half a million mark.

Queen does rank third with properties selling for £426,196 while Earl (£422,261) and King (£355,291) complete the top five.

Roads with Prince, Baron, Princess, Countess, Marquess and Viscount in the name also command a higher than average sold price, with just Marchioness and Baroness falling below this threshold.

Managing Director of One77 Mortgages, Alastair McKee, commented: 

“A name can have a big impact on house prices and clearly roads with royal names are benefitting from the more regal perception amongst those looking to buy.

Even in current market conditions, these royal roads are seeing properties sell for way above the national average which is certainly something to celebrate in addition to the Queen’s birthday.”

Average Sold Price Across Royal Road Names
Road Name
Average Sold Price
Duke
£549,078
Duchess
£504,865
Queen
£426,196
Earl
£422,261
King
£355,291
Prince
£336,756
Baron
£325,852
Princess
£318,318
Countess
£303,745
Marquess
£246,266
Viscount
£237,028
Marchioness
£222,793
Baroness
£174,038
Average
£340,191
UK Average
£226,798
Difference
50.00%

 

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Estate Agent Talk

Real Estate Lawyers: Who They Are and What They Do?

When you want to purchase or sell a property, the best course of action would be to seek help from professionals. Real estate transactions usually involve huge sums of cash, so the legal protocols are there to ensure your security and prevent you from falling victim to fraud. Hiring a real estate attorney is essential,…
Read More →
Breaking News

Weekly News Roundup – 03/05/24

A roundup of the week’s top property and proptech news stories in partnership with Proptech-X   Table of Contents Is Zoopla holding back the housing market? Will Yardi’s multi-million gamble on WeWork the former £37Bn Unicorn pay off? Nimbus report gives oversight on retail market post Covid   Is Zoopla holding back the housing market?…
Read More →
Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker – 02/05/24

Matt Smith, Rightmove’s mortgage expert said: “Next week’s Bank of England meeting will be quite key for setting the tone for mortgage rates leading into summer. An uneasy few weeks for the world economy has meant that there is still a lot of uncertainty around when we might see the first interest rate cut – and…
Read More →
Estate Agent Talk

Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry

The real estate industry once literally hand-to-hand with traditional printed flyers and face-to-face meetings became digital-friendly after the revolution of technology. Among the key drivers of this transformation is the real estate app through which brokerages redefine the role they perform and the way they interact with clients. Streamlined Workflows and Increased Efficiency Gone are…
Read More →
Breaking News

Breaking Property News – 02/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X. Is Zoopla holding back the housing market? Maybe it is me! and definitely me and my dog Zara do not think like most people, but – each month in the UK just 100,000 properties complete (exchange) and in the past decade this has been the…
Read More →
Breaking News

Breaking Property News – 01/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fine & Country relaunches Masterclass Series for 2024 to support network in winning more business Set to take place in both London and Huddersfield, Fine & Country will be hosting informative and engaging Masterclass sessions again this year, sharing insight from property experts on…
Read More →