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Living on a prayer – church related road names most p…

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New research from estate agent comparison site, GetAgent.co.uk has found out which street names have proved the most popular with homebuyers across England and Wales so far this year.

The majority of road names are used and reused across the country, as there are several London Roads in England, and this street name can be found outside the capital.

GetAgent.co.uk conducted their research by analysing price paid data from the Land Registry for property sales to have completed so far in 2021 and found a reoccurring trend with housebuyers across the country.

Most popular in England and Wales

Across England and Wales, the most popular street name is Church Road. According to GetAgent.co.uk’s research, there have been 723 purchases on roads named Church Road with an average sold house price of £355,000.

The second most popular street name in England and Wales is Church Street, with 632 transactions across the nation selling for an average of £285,000 while Church Lane is in third place with 524 transactions and an average sold price of £386,000.

Ranked in the fourth position is Chapel Street with 265 transactions with homes selling for an average price of £140,000.

The list of the top five most popular street names in England and Wales is rounded off with a name which, in relation to the other four, is an anomaly: Alexandra Road. There have been 223 Alexandra Street transactions in England and Wales in 2021, creating an average house price of £245,000.

Most popular by region

By analysing the data on a regional level, GetAgent.co.uk has also discovered what the most popular street names are in each region of England and Wales.

Location

Road name

Transactions

Median Sold Price

North West

CHESTER ROAD

74

£340,000

North East

DURHAM ROAD

26

£111,500

East Midlands

CHURCH LANE

95

£285,000

Yorkshire and the Humber

CHAPEL STREET

107

£59,995

East of England

CHURCH ROAD

169

£405,000

London

CHURCH ROAD

66

£448,500

South East

CHURCH ROAD

166

£410,000

South West

CHURCH ROAD

133

£330,000

West Midlands region

CHURCH ROAD

68

£266,800

Wales

CHURCH ROAD

32

£232,500

Data sourced from the Land Registry Price Paid records Jan 2021 to July 2021 (latest available) for all residential sales excluding property types listed as ‘other’.

Despite the most popular regional names being very similar across the board, there are some vast price differences between two roads of the same name, depending on their location.

Church Road, for example, is the most popular name in both Wales and London, but houses on Church Lane in London are 93% more expensive than the Church Road average found in Wales

Colby Short, founder and chief executive officer of GetAgent.co.uk, commented: “The housing market is booming across England and Wales and while demand is high across the board, it seems that church-related road names are commanding the greatest level of buyer interest.”

“The driving factor behind this popularity is no doubt due to the strong history of the church within England and Wales rather than a particular desire to live on a church-related street name in the modern age.”

Short concluded: “While many churches may have now vanished, it’s likely that in a previous time they were the focal point of a town or village and so those road names to have held their reference today are likely to be central, close to amenities, and therefore popular amongst homebuyers.”

https://www.introducertoday.co.uk/breaking-news/2021/9/living-on-a-prayer–church-related-road-names-most-popular-street-names-for-buyers?source=newsticker