To have fun the in the future a 12 months that Brits rush to eat pancakes, the newest analysis by property agent comparability website, GetAgent.co.uk, has revealed which Shrove Tuesday associated street names have carried out greatest in the case of home costs within the final 12 months.
GetAgent analysed bought value data from the Land Registry for property gross sales on pancake themed roads to see which instructions the best value, in addition to these to have seen the biggest improve within the final 12 months.
Consider it or not, roads with Pancake within the title rank high the place total property value is anxious, with a median bought value of £972,500. That is by far the best home value of all pancake associated street names, with Milk coming in second at £472,750.
Tuesday (£342,000), Flour (£309,000) and Lent (£295,000) additionally rank throughout the high 5, whereas roads with Sugar within the title are removed from candy in the case of present market values, commanding simply £225,500.
Not solely does Pancake rank high for total value, Pancake associated street names have additionally seen the second highest annual improve, up 57% within the final 12 months – that’s a soar of £355,000.
Nonetheless, it’s Lemon associated street names which have seen the biggest annual improve at 61%. That’s a £109,250 improve in simply 12 months which actually received’t depart a bitter style within the mouths of house owners to have benefited.
Flour (+29%) and Milk (+14%) have each loved a wholesome soar, whereas Lent (+2%) and Butter (+1%) associated street names have additionally seen a marginal improve.
Sadly for these on roads with Tuesday and Sugar within the title, the common bought value has declined by 12% and 13% respectively on an annual foundation.
Co-founder and CEO of GetAgent.co.uk, Colby Brief stated, “Pancakes aren’t fairly the breakfast staple right here as they’re on the opposite aspect of the pond, however we actually have a fleeting love affair with them no less than every year.
So it’s fairly becoming that this Pancake Day, roads with pancake within the title not solely command the best value, however have additionally seen a flipping massive improve in property values over the past 12 months.
It’s not as candy a narrative for these dwelling on roads with sugar within the title although, because it appears it not solely rots your tooth, however may even rot away on the worth of your house.”