UK property values mirror Olympic podium positions

Research from Zoopla.co.uk, which provides free value estimates for every British home, reveals that the average property value on streets in Britain with ‘Gold’ in the name currently stands at £280,114, compared to £224,786 for streets with ‘Silver’ in the name and £198,537 for ‘Bronze’.

And, just like the metals, not only are ‘Gold’ streets more valuable but they are also far rarer than those with ‘Silver’ in the name. There are 61 residential streets in Britain with ‘Gold’ in the address compared to 559 ‘Silver’ streets across the country. Silver can claim to top Gold however in the stakes for the most valuable of the medal streets, with average property values in Silver Lane in  Purley currently at £1,774,563 compared to Gold Hill in Farnham at £1,478,822

Nicholas Leeming, Business Development Director at Zoopla.co.uk said, “Getting onto the property ladder these days probably feels like as much of an effort as winning a Gold medal at the Olympics to many people. Getting to live on a street with Gold in the name is certainly something for homeowners to work hard and strive for – something our athletes will be all too familiar with.”

TOP FIVE HIGHEST VALUE ‘GOLD’ STREETS

1.  Gold Hill, Lower Bourne, Farnham, GU10 – £1,478,822
2.  Gold Hill, Batcombe, Shepton Mallet, BA4 – £1,024,878
3.  Gold Street, Cobham, DA12 – £787,500
4.  Gold Hill East, Chalfont St. Peter, Gerrards Cross, SL9 – £629,647
5.  Gold Close, Broxbourne, Hertfordshire, EN10 – £513,159

TOP FIVE HIGHEST VALUE ‘SILVER’ STREETS

1. Silver Lane, Purley, CR8 – £1,774,563
2. Silver Lane, Willingale, Ongar, CM5 – £762,166
3. Silver Lane, West Challow, Wantage, OX12 – £655,974
4. Silver Crescent, London W4 – £648,316
5. Silver Birches, Small Dole, Henfield, West Sussex BN5 – £642,405

TOP FIVE HIGHEST VALUE ‘BRONZE’ STREETS

1. Bronze Barrow Close, Wigston, Leicestershire, LE18 – £324,535
2. Bronze Close, Beggarwood, Basingstoke, RG22 – £300,733
3. Bronze Street, Deptford, SE8 – £192,299
4. Bronze Close, Bognor Regis, West Sussex, PO22 – £136,602
5. Bronze Close, Nuneaton, Warwickshire, CV11 – £126,738

Source: Zoopla.co.uk (June 2012)

MOST VALUABLE OLYMPIC RELATED STREET NAMES

1. Badminton – 113 streets – £400,664
2. Shooting – 4 streets – £318,305
3. Archery – 39 streets –  £285,558
4. Football – 7 streets – £282,676
5. Horse – 286 streets –  £254,209
6. Running – 13 streets – £246,640
7. Tennis – 37 streets – £202,636
8. Hockey – 3 streets – £169,951
9. Javelin – 15 streets –  £169,205
10. Olympic – 21 streets – £160,202

Source: Zoopla.co.uk (June 2012)

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