It’s all in the name if you want to sell

Yorkshire Post - Property - - PROPERTY -

HOME­OWN­ERS strug­gling to sell their prop­er­ties should con­sider giv­ing them names, ac­cord­ing to re­search from prop­erty web­site Glo­brix.com.

One in 14 (seven per cent) said they would be pre­pared to pay more for a home just be­cause it had a name – such as Or­chard House or Courte­nay Cot­tage – rather than an or­di­nary house num­ber.

With the av­er­age house val­ued at £216,968, this would work out as over £2,000 ex­tra.

About 26 mil­lion homes in the UK (ap­prox­i­mately 1.4 mil­lion ) have names. The sur­vey also re­vealed how our per­cep­tions of prop­erty are changed by the name of the “street”. Gar­dens, Av­enue and Lane are pre­ferrable to streets and roads.

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