Pancake property prices 114% higher than the national average

Pancake property prices 114% higher than the national average


Todays other news
The changes take effect today, Wednesday April 16...
Halifax, Bank of Scotland, BM Solutions & Lloyds Bank have...
The Nottingham has announced rte cuts across its Foreign National...
A Home Purchase Plan is a Shariah-compliant alternative to a...
Homes in England and Wales spend an average of 36...


A study by GetAgent.co.uk has shown how the nation’s property sellers could be left with a particularly sweet taste in their mouth this Shrove Tuesday, should they be looking to sell across one of the country’s pancake-related road names. 

GetAgent analysed sold price data across England and Wales based on residential transactions to have taken place over the last year, with the findings revealing that on average, a pancake-related property will set you back £330,275 – 15% more than the wider national average. 

Most profitable pancake-related road names

Top of the stack is Pancake, with property prices across roads such as Pancake Lane in Hemel Hempstead selling for a flipping huge £617,500 on average over the last year – 114% higher than the national average. 

Milk is the next most profitable pancake-related road name with an average sold price of £415,000 in the last year across streets such as Milk Street in the West Midlands. 

Tuesday ranks third in the table with an average sold price of £387,000, while roads with Lent in the name also come in around the national average at £288,500. 

Most affordable pancake-related road names

For buyers looking to make a sweet saving, the study revealed are on roads with Sugar (£259,250), Butter (£255,000), Flour (£239,950) and Lemon (£180,000) in the name, as each were home to an average sold price well below the national average over the last year – providing all of the ingredients for a more affordable property purchase. 

Founder and chief executive officer of GetAgent.co.uk, Colby Short, commented: “Whether it’s top-line market growth or pancake-related property sales, the housing market has performed very well over the last year whichever way you look at it.” 

“Many of us will be enjoying our pancakes from the comfort of a new kitchen this Pancake Day, having been one of the thousands to have moved during the pandemic.”

Short noted: “However, we’re unlikely to see this high rate of house price growth giveaway during Lent, or beyond for that matter, as buyers continue to swamp a market plagued by a severe shortage of stock.”

Pancake day words

Median Sold Price

Difference vs England and Wales Average

Pancake

£617,500

114%

Milk

£415,000

44%

Tuesday

£387,000

34%

Lent

£288,500

0%

Sugar

£259,250

-10%

Butter

£255,000

-12%

Flour

£239,950

-17%

Lemon

£180,000

-38%

Pancake Average

£330,275

14%

England and Wales Average

£288,498

N/A

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Introducer Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
he average price of property for sale has risen 1.4%...
New build enquiries and mortgage numbers are up on 2024...
The relaxed tests apply to residential and buy-to-let applications....
This is according to Octane Capital, a specialist lender...
Before inflation rose, some analysts hoped for four cuts this...
Nationwide has gone in the opposite direction to the Bank...
Recommended for you
Latest Features
The changes take effect today, Wednesday April 16...
Halifax, Bank of Scotland, BM Solutions & Lloyds Bank have...
The Nottingham has announced rte cuts across its Foreign National...
Sponsored Content
Historically second charge mortgages or secured loans as they are...
Lenders must say what they mean and mean what they...
Fraudsters attacking the conveyancing sector, successfully stealing large sums of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here