One of the most highly anticipated horse racing events of the year kicks off this week, with Cheltenham’s headline event, the Gold Cup, running on Friday.
Ahead of the race, estate agent comparison site, GetAgent.co.uk, has revealed which horses they believe are likely to lead the field based on..house prices, not current form.
GetAgent analysed sold price records across England and Wales for almost 900 homes to have sold over the last year (2022) on roads containing each horse’s name, ranking the runners and riders based on which has put in the best performance within the property market.
While Galopin Des Champs may be the bookies favourite to win this year’s Gold Cup, the horse sits just fourth in GetAgent’s rankings. Homes to have sold across streets containing the word Champs over the last year have commanded an average sold price of £382,500.
Another runner in with a good chance of winning is Stattler, however, an average sold price of £428,000 is enough to place it just third in GetAgent’s Gold Cup line up.
So which horses place as GetAgent’s Gold Cup house price frontrunners?
Franco De Port may be an outsider at 100/1, but properties on roads with Franco in the name have sold for an average of £460,000, making it GetAgent’s top pick.
Another 100/1 horse, Eldorado Allen, places second, with homes with Eldorado in the address commanding an average of £448,500 in 2022.
The rest of the top 10 running order include Ahoy Senor (£380,000), Royal Pegaille (£370,000), A Plus Tard (£355,000), Copodanno (£330,000), Coole Cody (£287,995) and Noble Yeats (£260,000).
Co-founder and CEO of GetAgent.co.uk, Colby Short said, “There’s no safer bet than the housing market when it comes to the long-term return on your investment. But when it comes to this year’s Gold Cup runners, house price performance probably isn’t the best way to predict which horse to back.
That said, Cheltenham is one of the events of the year that will entice many of us to have a flutter and so backing a 100/1 outsider is all part of the fun.
Of course, you should always gamble responsibly and if you’re not sure on who to back, then your money is probably better off going towards a mortgage deposit. It may take a little while longer, but the benefit is likely to be far greater.”
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