Property Prices In Northern Ireland Are Above Average With Royal Title

A Sign For The Famous Royal Mile On An Ancient Stone Wall In Edinburgh Scotland

You may or may not be a fan of the Royal family, but if you live in a street with the name of a member of the House of Windsor you could see the value of your property well above average in Northern Ireland.

According to research by OnlineMortgageAdvisor.co.uk those living on royal-related streets have an average increased house value of £27,273.

Whether it’s Elizabeth Gardens in Ballyclare, or Charles Place in Newtownards it seems that the Royal’s have helped boost values.

With almost 3,000 royal-related street names across the UK, OnlineMortgageAdvisor.co.uk were keen to discover whether having a royal included in your road name can affect the price of your house.

Using Zoopla and Streetlist, they scanned each road in the UK and their average house prices to uncover which royals can help you increase your home’s value.

The average increase across the UK was £21,289, making NI the clear winner in the Royal property name stakes.
Among the Northern Ireland streets listed is William Court in Magherafelt and William Street in Ballymena, but whether the survey took into account the history here of another royal William is not clear.

Although a rarity, road names that include Sophie (The Countess of Wessex) are valued at over £200,000 more than the UK’s average.

Street names that include Camilla (The Duchess of Cornwall) are valued at £94,957 more than the average, placing her in second.

Avoid street names that include Phillip and Edward; data shows that your house will be worth thousands less than the average.

Whether Northern Ireland’s estate agents will agree with the data remains to be seen, but they might be thinking of changing some of their descriptions, but It is seriously in doubt if they plan to list a four-bedroom, two reception rooms, fully fitted kitchen and on a street with a Royal name.

Read more here: https://www.onlinemortgageadvisor.co.uk/blog/can-a-royal-name-increase-house-value

About the Author

Jonathan Traynor
Northern Ireland journalist. Rock & metal enthusiast and owner of belfastmetalheadsreunited.blogspot.com.