Home Residential ‘Tis the season: Festive street names can add value to your property

‘Tis the season: Festive street names can add value to your property

by LLP Editor
10th Dec 21 7:59 am

It’s the time of the year when Christmas has taken over everything. But have you ever thought that Christmas could boost the value of your property?

With more than 170 Christmas-related street names in the UK, the in-house experts at HeatingForce.co.uk utilised Zoopla to find out which festive street names could increase a property’s value.

The Most Valuable Festive Street Names

Festive Street Name

Average Festive Street Value Effect

Average Festive Street Price

Toy

£272,249

£660,798

Tinsel

£90,645

£283,458

Frosty

£70,479

£356,696

Gingerbread

£65,224

£362,339

Christmas

£41,074

£410,348

Stocking

£36,867

£554,655

Snow

£12,727

£406,924

Gift

-£2,446

£391,966

Winter

-£8,864

£321,336

Reindeer

-£27,202

£219,205

Holly

-£38,909

£186,613

Turkey

-£54,813

£240,306

Holiday

-£72,475

£272,695

Presents

-£145,406

£173,303

Cider

-£146,029

£302,846

Elf

-£240,152

£530,940

It turns out that if you live on a street with the name ‘Toy’ included, your house value could be bagging a few extra pounds. The average UK house price was valued at £660,798. And if your street name happens to contain the festive word, your house price could increase by £272,249.

‘Tinsel’ related street names rank second. Houses were valued on average at £283,458. If your home is lucky enough to feature in one of the streets with this festive name, then you could see an increase of a staggering £90,645 compared to the UK average.

‘Frosty’ places third, with properties on average in the UK valued at £356,696. The value of properties located on streets holding this Christmas-related name could increase by £70,479.

The Festive Street Names Decreasing Value

Homes located on a street with ‘Elf’ as part of the street name are valued £240,152 less than the average UK property price (£530,940).

Homeowners living on a ‘Cider’ related street name will see the second lowest value depreciation of £146,029 compared to the average property price of £302,846.

And who would have thought ‘Presents’ were unlucky, but the research showed that homes on streets with ‘Presents’ as part of the name will be valued £145,406 less than the average property price in the UK, which is £173,303.

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