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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