Property prices bloom
26th May 2023
Spring is here and it feels like summer is finally on it’s way! Flowers blooming and trees blossoming, Chelsea Flower Show celebrates its 110th year, with thousands of plants and flowers on display for garden lovers.
Many home addresses feature floral names. Over 1,300 property sales have taken place in the last year on streets bearing the names of some of the UK’s most popular flowers, with Rose being the most popular, followed by Bluebell.
Residential sales with floral names including Rose, Poppy, Bluebell, Orchid and Sunflower have also, on average, exceeded the current average home price in the UK of £260,441 (Nationwide).
It is estimated 87% of UK households have a garden. The desire for outside space continues to feature highly in home buyer preferences. For those with a lawn, bees, butterflies and other pollinators can benefit from those taking part in No Mow May, a national campaign encouraging those with lawns and verges to let them grow freely.
Here in Brighton and Hove, why not take part in the many plant/seed swap events, have a wander around the community led festival ‘Blooming Hanover’ or find time this weekend to enjoy one of the beautiful local parks and gardens. Our favourites include One Garden at Stanmer Park, The Secret Garden in Kemptown, or Preston Park Rockery.
Source: Dataloft, Land Registry, based on sales over the past 12 months, Nationwide, RHS, Country Living
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