Home PropertyThe homebuyer Easter house hunt

The homebuyer Easter house hunt

by LLP Reporter
20th Apr 19 9:42 am

Springbok Properties, has put together an Easter property hunt for homebuyers out house hunting over the long weekend.

Using sold house price records from the Land Registry, Springbok looked at the prices paid across eleven Easter themed property locations, ranking them based on property price to highlight where homebuyers should be hunting for this Easter bank holiday.

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Across all of these Easter themed areas, the average sold price was ยฃ294,974 – 29% higher than the national average.

Top of the pile was Bonnet, with an average sold price of ยฃ500,013 across streets with Bonnet in the name, 119% higher than the national average.

Basket ranks second with an average sold price of ยฃ426,429, 87% higher than the national average.

Chick and Bunny rank third and fourth with a respective average sold price of ยฃ400,000 and ยฃ399,742, 75% higher than the national average

Road names with chocolate in ranked fifth, some 62% higher than average at ยฃ369,529.

Lent or lenten, Egg, Daffodil and Tulip were all also home to above average sold prices.

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For homeowners across names including Easter and Palm, current market conditions arenโ€™t as sweet. Both were home to below average house prices of ยฃ213,298 and ยฃ199,803 respectively.

Founder and CEO of Springbok Properties, Shepherd Ncube said, โ€œThe performance of the property market across these Easter-related road names will have no doubt left a sweet taste in the mouth of their homeowners and sellers with prices largely climbing way above average.

Across the nation, there are plenty of these overperforming pockets despite wider market conditions and while property value isnโ€™t based on a road name alone, at least those on the hunt for a home this Easter weekend will have a good starting point to work with.โ€

Road Name Average Sold Price Difference to National Average
Bonnet ยฃ500,013 119%
Basket ยฃ426,429 87%
Chick ยฃ400,000 75%
Bunny ยฃ399,742 75%
Chocolate ยฃ369,529 62%
Lent/Lenten ยฃ365,803 60%
Egg ยฃ292,986 28%
Daffodil ยฃ290,457 27%
Tulips ยฃ236,652 4%
Easter ยฃ213,298 -7%
Palm ยฃ199,803 -12%
Easter Average ยฃ294,974 29%
National Average ยฃ228,147 N/A

 

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