Analysis by Yopa, the award-winning nationwide property company, has revealed which avenue names are proving hottest amongst the nation’s homebuyers, with Excessive Avenue topping the desk together with Station Highway and Church Avenue.
Yopa analysed bought worth information from the Land Registry wanting on the variety of transactions to have taken place throughout England and Wales to this point this 12 months (Jan to Aug – newest obtainable), revealing that are the preferred street names primarily based on gross sales volumes.
The analysis reveals that there’s a transparent winner, with roads named Excessive Avenue seeing by far the very best variety of transactions of all avenue names.
Up to now this 12 months, some 1,572 properties have been bought on roads named Excessive Avenue throughout England and Wales.
Station Highway is the nation’s second hottest avenue title with 870 property purchases in 2023, whereas Church Highway takes the bronze with 552 properties bought on roads named as such.
Most important Avenue (528) and London Highway (520) full the highest 5 as the one different two avenue names to see transaction volumes exceed the five hundred sale threshold to this point this 12 months.
Different street names to make the highest 10 embrace Church Avenue (472), Park Highway (437), Church Lane (344), Victoria Highway (337) and Most important Highway (311).
CEO of Yopa, Verona Frankish, stated, “No matter the place you reside, the probabilities are you’ll know a Excessive Avenue, Station Highway or Church Highway and so the prominence of such avenue names little question has an element to play relating to the frequency of transactions.
“That stated, given the historic make-up of the property market, it’s additionally seemingly that such roads are present in prime places that maintain a higher diploma of attraction to consumers.
“Most cities are centred round a excessive avenue and a prepare station, whereas traditionally, church buildings additionally performed a key function in society.
Because of this, it’s a protected guess that roads named as such will profit from central places, an abundance of facilities and good transport hyperlinks. All of that are all fascinating options relating to attracting residence consumers.”