Yahoo Finance The odd thing that can boost your house price and sale chances
Selling a house is a complicated process, and whether your house is an odd or an even number could potentially impact the sale price.
New research by property comparison site, GetAgent, analysed data from the Land Registry Price Paid records for all residential property sales between December 2019 and November 2020 in England and Wales, and discovered that on average, odd numbered houses sold for more.
Founder and CEO of GetAgent, Colby Short, said: “The fact that odd-numbered homes sell for more on average across England and Wales is rather fitting given the year we’ve just had.
“It might seem strange that a particular type of number will command a higher price but it can still be hugely influential during the home-buying process.
“Everything from views on odds and evens, sentimental value and even superstitions can play a part in what a buyer is willing to offer, or even buy in the first place.
“Of course, to some, it’s still just a number. So it’s not advisable to pin your hopes on securing a higher sold price solely due to the fact you live at number one and not number two.”
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In the last year 235,600 odd-numbered residential properties have been sold compared to 231,355 even-numbered homes — 1.8% more.
The difference in sale price also varied from city to city. For example, Manchester saw large preferences toward odd-numbered properties with homes selling for £17,000 ($23,200) more than even numbered properties.
London was not far behind with odd-numbered properties selling for £15,000 more, and Liverpool was the third oddest city with a price gap of £11,500.
This may seem like unwelcome news to even-numbered home owners but other cities’ preferences were quite the reverse.
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Oxford had the biggest price difference favouring even-numbered properties as they went for £20,000 more than odd-numbered homes, and other cities like Birmingham and Bristol had price gaps of £5,000 and £4,400 respectively.
The disparity between the number of odd and even-numbered houses sold in England and Wales was also most noticeable in Manchester.
In the northern powerhouse city, 324 more odd-numbered homes were sold in the past 12 months than even-numbered properties, and London was not too far behind with 317 more odd houses selling in the last year.
Bradford and Birmingham, however, saw more even-numbered properties sold, with 196 more in Bradford and 134 more in England’s second city.
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