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