This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Fake paint, bin-bags and witches hats selling quicker than ghoul-shaped cakes. Yes, Halloween is fast approaching.
To mark the annual ‘scarefest,’ Zoopla has uncovered the spookiest street names in Britain and has looked at whether their frightening connotations have affected the values of the homes located there.
Spooky streets
Those with a phobia of creepy crawlies would shiver at the thought of living on Spiders Lane in Exmouth. Goblins Green in Welwyn Garden City and Bat Alley in Sturminster Newton would also be frightening for some homeowners…never mind the postman!
However, the scary street names have done precious little to warn off buyers, with property prices on the top-ten spookiest locations still typically high.
The list, compiled by Zoopla, was;
Rank Street Current Average Value
1 Spook Hill, Dorking RH5 £651,298
2 Cackle Street, Brede, Rye TN31 £359,264
3 Cauldron Crescent, Swanage BH19 £326,283
4 Bat Alley, Marnhull, Sturminster Newton DT10 £311,979
5 Goblins Green, Welwyn Garden City AL7 £303,218
6 Spells Close, Southminster CM0 £283,059
7 Tricks Terrace, Winkleigh EX19 £273,214
8 Coven Road, Brewood, Stafford ST19 £262,757
9 Spiders Lane, Exmouth EX8 £257,646
10 Black Cat Drive, Northampton NN5 £192,587 [1]
On average, the spookiest property names were found to be just under £200,000. The average value in Spook Hill is £651,298, with Cackle Street also having a high typical value of £359,264.
Brave souls
Findings from the report are supported by another survey that shows the majority of people would not be deterred from purchasing a supposedly haunted house. 6% went as far as saying they would be more inclined to view a home if it were said to have, ‘supernatural occurences.’
This research, conducted by Clydesdale and Yorkshire Banks, indicated that two-thirds would not be put off buying a haunted property.
Steve Fletcher, director of retail banking, said that, ‘everyone is looking for something different in their dream home. However, we were surprised that the majority of people would be happy to share with a supernatural presence.’[1]
Our research also revealed that 3 per cent of those surveyed actually believe their current property may be haunted and that they are co-habiting with a ghostly resident,’ he added.[1]
[1] http://www.dailymail.co.uk/property/article-3290142/Halloween-house-prices-Britain-s-spookiest-street-names-affect-property-prices.html