It’s the Place to be – but for higher price

Cer­tain street names com­mand higher prices

Buckinghamshire Advertiser - - NEWS - By Jo-Anne Rowney jo-anne.rowney@trin­i­tymir­ror.com

LIV­ING in a road with a name end­ing in Place in Buck­ing­hamshire may mean a house is worth a lit­tle more than the av­er­age home.

Houses across Buck­ing­hamshire, in­clud­ing Chiltern and South Bucks, with a road name end­ing in Place have an av­er­age price of £801,688, ac­cord­ing to the Land Reg­istry. Road names end­ing Drive will set buy­ers back an av­er­age £795,026.

For some­thing

more af­ford­able, a house in a Court might be the best bet, with an av­er­age price of £283,624, fol­lowed by those in a Ter­race, av­er­age price, £345,000. Across Buck­ing­hamshire, the av­er­age price is £568,811.

In Eng­land and Wales, buy­ing in a road with a name end­ing in Square will set peo­ple back the most, with an av­er­age price of £529,341 in 2014.

A road name end­ing in Gar­den or Gar­dens was the next most ex­pen­sive, with an av­er­age price of £335,601.

For a bar­gain, a road name end­ing in Court is the best bet, with an av­er­age price of £184,300, while a home in a Close has an av­er­age price of £222,215.

The av­er­age price of a home in Eng­land and Wales was £259,308, based on a sim­ple av­er­age of prices paid for all homes sold.

Data is taken from the Land Reg­istry and cov­ers prices paid for prop­er­ties be­tween Jan­uary and Novem­ber, ex­clud­ing sales through com­pa­nies or those where the full mar­ket price was not paid.

Trevor

Kent,

es­tate agent in Ger­rards Cross, said: “Nat­u­rally most peo­ple will know what the most ex­pen­sive roads are, and in­deed the less de­sir­able. Some are at­tracted to live in a par­tic­u­larly posh one, oth­ers faintly em­bar­rassed. House names can of­ten have a more di­rect ef­fect on saleabil­ity than road names and I doubt there is an es­tate agent who has not had to del­i­cately sug­gest just the num­ber and not the name is fea­tured in mar­ket­ing.”

Ger­rards Cross’ favourite house name is The Cot­tage.

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