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Home » Social Media » Blogs » Royal street names boost property values which is good news, especially if you live on Kings Drive, Bramhope

Royal street names boost property values which is good news, especially if you live on Kings Drive, Bramhope

Thursday 29 Aug 2019

Nearly one in 10 house hunters are willing to pay a premium for a property located on a street with such a prefix, this suggests that it is not only the reputation of the village or the town that can add value to a property

In a survey, of one thousand house-buyers across the UK, 14% said they consider paying more for a property that featured the prefix Royal in the street name, with King 7% and Queen 6% as the second and third prefixes with the potential to demand a higher asking price.

According to 37% of the people asked, king, Queen, Crown and Palace all appear in the top street names that home-owners believe add gravitas to a property.

Helen Whitely, Commercial Director at On the Market.com said “there is no question that location is one of the most important elements when buying or renting a new home, but it is interesting that a prestigious sounding street name can help to influence a buyer or renter’s idea of price and worth”

We are very lucky in Bramhope to have Kings Drive on the edge of the lovely village, @davidphillipestateagents we have already sold one property in this sought after area and have a further property to sell. Number 14, Kings Drive is now on the market, with 3 bedrooms, a private garden and is an opportunity for someone to modernise.

The property is very realistically priced at £350k for a quick sale.

An early viewing is strongly recommended t: 01134 676 400  w: davidphillip.co.uk  86, Leeds Road, Bramhope. 

 

#king #drive #onthemarket #bramhope #property # forsale #early viewing       

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