However, it was found that this price is far higher across some Christmas streets compared to others.
Most costly Christmas road names
Rudolph is in the top spot, with an average sold price of £527,500 properties on roads called Rudolph coming in 95% above the national average.
Lights came in second place at £363,000, 34% above the national average, while Mistletoe ranked third place and commands a festive premium at 33%, with the average property costing £360,000.
GetAgent’s research also discovered buying on roads called Merry (£331,250), Turkey (£330,000), Tree (£328,750), Christmas (£325,000), Pudding (£325,000), Chimney (321,495), Chestnuts (£320,000), Joy (£315,000), Sleigh (£311,000) and Stocking (£285,000) will also cost you a property price premium of between 6% and 23% versus the national average.
Cheaper Christmas road names
However, there are also opportunities for buyers to climb the Christmas property ladder without spending the Christmas budget to do so.
At £266,498, homes on roads named Star come in around the national average, while Snow (£250,000), Holly (£247,000), Bells (£230,000), Reindeer (£205,000) and Toy (£180,000) are also significantly more affordable.
Advice for those looking to climb the Christmas property ladder
Founder and chief executive officer of GetAgent, Colby Short, commented: “We all know that one Christmas nut, usually an aunty, that starts Christmas shopping in May and has Mariah Carey blaring out from the start of October. So what better place for them to live than on Rudolph Road or Mistletoe Drive.”
“Unfortunately, if you do want to go full Christmas 365 days a year, at least where your road name is concerned, it’s likely to cost you a fair bit more than the average property.”
“Of course, the fragmented nature of the property market means there’s always a more affordable option and so you could opt for Reindeer Road over Rudolph Road and save yourself over £320,000 in the process.”