Is it true that having an animal street name increases the value of a home? The top ten are listed below.

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Is it true that having an animal street name increases the value of a home? The top ten are listed below.

Is it true that a home’s worth rises when it has an animal street name? Below is a list of the top ten.

When determining the worth of a home, many factors are considered, but can a road named after an animal assist to improve the value of your home?

According to a study undertaken by the switching website SaveOnEnergy, having certain wandering critters as part of your street name can drastically increase costs. According to the report, any street name that features an animal raises property prices by an average of £171,463.87 across England.

The company compiled its results using data from the HM Land Registry between 2008 and 2021, which were then adjusted for inflation and converted into current property values.

They then compared information on road names to a comprehensive list of animals to see which furry friends had the biggest impact on property value.

Having a road named after a bear will help enhance the value of a property the most out of the top ten animals on the list – you can expect a £243,385.04 rise in value.

A horse isn’t far behind, with an average price increase of £233,807.99 if this animal is mentioned in the street name.

Dogs, the most popular pet in the UK, were placed 14th, increasing the value of a home by £32,721.79.

Since the lockout, 3.2 million British families have bought a pet, including 12 million dogs, three million birds, and 1.5 million reptiles.

Brighton and Hove has the highest property value increase for animal-related street names.

The average home price difference is £1,233,260.18, which is mostly attributable to the abundance of lion-related names such as Black Lion Lane and Black Lion Street in the neighborhood.

Property values in Greater London, the most expensive region to buy a home, skyrocket when animals appear in street names.

On average, a house on a street with an animal in its name is valued £906,957.98 more than one on a street without.

On average, a house on a street with an animal in its name is valued £906,957.98 more than one on a street without.

On the other side, which animals are most likely to decrease a home’s value?

It’s bad news for bird lovers: if you live on an eagle-themed street, your home’s value could drop by £42,290.69.

“Brinkwire News in Condensed Form.” A duck is another animal street name that could damage the value of your home if you let these birds in.

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