Royal street names boost property values

OntheMarket.com poll finds Britons will pay up to £50,000 extra for homes in streets with regal or titled prefixes.

Streets with regal or titled names such as Royal, Palace, Lord and Bishop can boost the value of homes lining their pavements, OnTheMarket.com has found.

According to new research by OnTheMarket.com, nearly one in 10 house-hunters are willing to pay up to £30,000 more for a property located in a street with a such a prefix, suggesting it is not just the reputation of a village, town or city that can add value to a property.

OnTheMarket plc (LON:OTMP) provides property search services for buyers, sellers, landlords, and tenants in the United Kingdom.

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