Loved up road names show more love for nation’s homeowners
The latest research by estate agent comparison site, GetAgent.co.uk, has looked at where the nation’s homeowners are currently feeling the most love from the value of their home based on five prominent Valentine term road names and how this compares to the not so lovable.
GetAgent.co.uk looked at price paid data across five road names for loved up couples and five road names for singles or those that have fallen out of love with being in love.
The data shows that on average, property across these more positive Valentine-themed road names, which include areas with Trust, Love, Couple, Heart, and Kiss within them, sells for an average of £281,468.
In contrast, road names with Single, Lone, Broken, Freedom and Cheat within them are selling for just £250,138 – 13% less!
What’s a relationship if you don’t have trust? No surprise then that road names with Trust in them top the Valentine property list with an average sold price of £364,562.
After Trust, all you need is Love with these road names ranking second for the highest property price at £340,075, but while being loved up is great, there’s also a lot to be said for being single, with property located in areas with Single in the name going for £331,924 on average.
Couple does follow closely behind though, with an average sold price of £326,037, with Lone (£314,611) and Broken (£242,333), while homes with Heart in the location name sell for £230,500.
Areas with Freedom (£192,322) and Cheat (£169,500) in the name don’t prove quite as popular with the average sold price falling below £200k, while the worst of the lot is Kiss, with homes selling for an average of just £146,167.
Founder and CEO of GetAgent.co.uk, Colby Short, commented:
“Heartwarming to see that overall, road names with a positive Valentine Day theme are selling for more than those without, although perhaps surprising that roads with kiss in the name aren’t as popular with the lowest average sold price of the lot.
Valentine’s Day isn’t for everyone though and it’s great to see that this is also the case when it comes to the diversity of the property market, with locations containing single in the name flying the flag with the third-highest sold price.
Unfortunately, the high price of getting on the ladder these days means that if you are single, you’re going to find it a far greater struggle financially when compared to your loved up counterparts.”
|
Road Name
|
Average Sold Price
|
|
Trust
|
£364,562
|
|
Love
|
£340,075
|
|
Couple
|
£326,037
|
|
Heart
|
£230,500
|
|
Kiss
|
£146,167
|
|
Average
|
£281,468
|
|
Road Name
|
Average Sold Price
|
|
Single
|
£331,924
|
|
Lone
|
£314,611
|
|
Broken
|
£242,333
|
|
Freedom
|
£192,322
|
|
Cheat
|
£169,500
|
|
Average
|
£250,138
|
|
Road Name
|
Average Sold Price
|
|
Trust
|
£364,562
|
|
Love
|
£340,075
|
|
Single
|
£331,924
|
|
Couple
|
£326,037
|
|
Lone
|
£314,611
|
|
Broken
|
£242,333
|
|
Heart
|
£230,500
|
|
Freedom
|
£192,322
|
|
Cheat
|
£169,500
|
|
Kiss
|
£146,167
|
You May Also Enjoy
Popping the Asking Price Bubble
Highest demand to lease office space since pre-pandemic
Planning consultations for major infrastructure to be streamlined
‘The property ladder pulls further away’ warns Open Property Group
How Long It Takes to Buy a House in the UK: 5 Common Delays That Can Slow Down Your Home Purchase
