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Average price for UK houses on roads with Christmas names
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
The cost of buying a property on roads with Christmas names has been found by GetAgent.co.uk.
It analysed price paid data from the Land Registry over the last 12 months for various roads with Christmas names. On average, it found that a property on one of these roads would cost £320,000, which is 19% more than the current national average.
Properties are most expensive on roads including ‘Rudolph’ in their name. With an average sold price of £527,500, properties on roads called Rudolph are 95% above the national average.
The second most expensive is ‘Lights’. At £363,000, this is 34% above the national average. ‘Mistletoe’ also commands a festive premium at 33%, with the average property costing £360,000.
Buying on roads called ‘Merry’ (£331,250), ‘Turkey’ (£330,000), ‘Tree’ (£328,750), ‘Christmas’ (£325,000), ‘Pudding’ (£325,000), ‘Chimney’ (321,495), ‘Chestnuts’ (£320,000), ‘Joy’ (£315,000), ‘Sleigh’ (£311,000) and ‘Stocking’ (£285,000) will also cost you a property price premium of between 6% and 23% versus the national average.
At £266,498, homes on roads called ‘Star’ come in around the national average, while ‘Snow’ (£250,000), ‘Holly’ (£247,000), ‘Bells’ (£230,000), ‘Reindeer’ (£205,000) and ‘Toy’ (£180,000) are also considerably more affordable.
Colby Short, Founder and CEO of GetAgent.co.uk, comments: “We all know that one Christmas nut, usually an aunty, that starts Christmas shopping in May and has Mariah Carey blaring out from the start of October. So, what better place for them to live than on Rudolph Road or Mistletoe Drive.
“Unfortunately, if you do want to go full Christmas 365 days a year, at least where your road name is concerned, it’s likely to cost you a fair bit more than the average property.
“Of course, the fragmented nature of the property market means there’s always a more affordable option and so you could opt for Reindeer Road over Rudolph Road and save yourself over £320,000 in the process.”
The median sold price across roads with Christmas names and how they compare to the England and Wales average
Christmas Road Name | Median Sold Price | Versus National Average |
Rudolph | £527,500 | 95% |
Lights | £363,000 | 34% |
Mistletoe | £360,000 | 33% |
Merry | £331,250 | 23% |
Turkey | £330,00 | 22% |
Tree | £328,750 | 22% |
Christmas | £325,000 | 20% |
Pudding | £325,000 | 20% |
Chimney | £321,495 | 19% |
Chestnuts | £320,000 | 19% |
Joy | £315,000 | 17% |
Sleigh | £311,000 | 15% |
Stocking | £285,000 | 6% |
Star | £266,498 | -1% |
Snow | £250,000 | -7% |
Holly | £247,000 | -8% |
Bells | £230,000 | -15% |
Reindeer | £205,000 | -24% |
Toy | £180,000 | -33% |
Average | £320,000 | 19% |
England and Wales | £269,945 | N/A |