The capital’s most haunted property hotspots for Halloween homebuyers
The latest analysis by Foxtons has revealed which of the capital’s spookiest postcodes command the largest house price premiums, as the average cost of purchasing a property in one of London’s most haunted neighbourhoods comes in 48% more than the wider London average.
Foxtons analysed the property market across 14 of London’s most haunted locations, comparing the average property price in each postcode to the average house price across the wider borough.
As London’s largest estate agent*, Foxtons has an unrivalled view of the capital’s property market, from spooky stately homes and eerie inns to ghostly gardens and phantom-filled palaces.
The analysis shows that across these 14 haunted housing hotspots, the average value of a home doesn’t come cheap at £924,005. In fact, this is some 48% higher than the current average London house price of £565,567.
The Tower of London tops the terrifying table compiled by Foxtons. Frequently cited as one of the most haunted places in London, it’s thought to still be haunted by many historical figures – including Anne Boleyn.
With an average property price of £1.1 million in the EC3 postcode, homebuyers face a 77.5% house price premium when compared to the wider cost of purchasing within Tower Hamlets – a princely premium to live beside one of London’s most historically haunted landmarks.
Not far behind are Westminster’s ghostly gems – the Langham Hotel and 50 Berkeley Square – both within the W1 postcode, where the average home costs £1.99 million, some 73.6% more than the borough average. With tales of restless spirits and mysterious apparitions, these petrifying postcodes are not for the faint-hearted.
At the other end of the scale, Bruce Castle in Haringey offers the capital’s most affordable option for Halloween homebuyers. The average house price of £405,472 in the N17 postcode, home to the haunted manor house, comes in -45.2% below the wider borough average. Meaning buyers can bag a bargain if they don’t mind the occasional bump in the night.
Foxtons Sales Director – City & East, Jamie Salisbury, commented:
“London has a deep and colourful history, and so it’s no surprise that many areas of the capital have been subject to a haunting or two. But despite the potential put off of paranormal activity, the vast majority of London’s most haunted hotspots also remain some of the most desirable amongst homebuyers – proving that the capital’s property market is as spirited as ever.
Buyers are clearly undeterred by a few tales of the paranormal, in fact, it’s often that sense of character, mystery and legacy that adds to the attraction.
Whether it’s the grandeur of the Tower of London, the elegance of Westminster’s historic streets, or the eerie charm of Greenwich, the capital’s haunted housing market hotspots have a unique pull that goes far beyond the spooky season.”
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