Want to combine a love of Easter with a good return on your property investment?
Areas with Easter related names have seen an annual increase in property prices of 1.8% over the last year. Hop Garden Way in Canterbury has jumped its way to the top this year with a cracking increase of 5.1% in property price growth, putting the average house price to an eggcelent £375,957.
We mapped out an Easter property hunt showing 12 streets across the nation with Easter names, and Hop Garden Way hopped, skipped and jumped ahead with the largest appreciation in property prices since last Easter.
Not far behind in a three-way tie is Bristol’s Easter Compton, Egg Hill Road in Ashford and Bunny Lane in Tunbridge Wells, all of which have enjoyed a 2.8% growth rate. However, there are some discrepancies between their average prices: £451,786, £741,336 and £737,034, respectively.
Jesus Lane in Cambridge enjoyed a 2.1% jump in property values over the last year increasing the average house price to £424,967.
Although Rabbit Lane in Norwich hasn’t seen the sweetest increase, it still enjoyed a 1.9% increase in prices in the last 12 months, while Whitehaven’s Basket Road comes with no candy eggs, but it has seen a 1.5% price jump.
Prices in Bolton’s Daffodil Road have sprung up by 1.1% in the last year, followed by Lamb Close in Andover increasing by a 0.9%.
As Spring and Easter go hand-in-hand, both Easter Way in Godstone and Bluebell Close in East Grinstead have risen a slight 0.5%. They are trailed by Spring Close in Crawley with a more modest 0.3% increase in property values.
While we thought it would be fun to look at Easter related road names, there is a good reason for UK home sellers and buyers to start thinking about the wider market.
This time of year is when the property market starts to pick up as Easter is the gateway to the busy spring selling season for those with an eye on completing for the summer.
Therefore, taking the long weekend to get your home ready to go on the market is time well spent, and with the lighter evenings, home sellers can maximise their property potential and accommodate more viewings during daylight hours.Russell Quirk