What’s in a name? £100000, apparently…
Got an address ending in ‘lane’? Lucky you – your property is probably worth over £100,000 more than those living on a regular ‘street’. According to new research conducted by Hometrack (property market specialists) the first line of your address is pretty damn fundamental to your house price. Who knew? A study by Barclays Mortgages revealed that living on a humble ‘street’ means your property comes right at the bottom of the value list, with an average house price of £142,347; this is 29% under the national average and 42% under properties situated on ‘lanes’. 22% higher than the national […]