Steep rise in cost of home on the Hill

The average cost of a home on a Hill is 341,466, well up on the national average of 217,624 and the typical value of homes on a Street of 155,515, according to property website Zoopla.co.uk.

Living on a Lane also appears to boost a property's value, with the cost of homes on Lanes averaging 328,378, followed by houses on a Mews at 294,869.

Homes on Parks or Greens are also typically worth more than average at 283,069 and 269,861 respectively.

Other names which appeared to increase values included Mill, School and Green.

But at the other end of the scale, properties on Streets typically have the lowest values, followed by those on Terraces at 156,387 and on Crescents at 176,942,

Court and View made up the bottom five street names where properties are worth least, at averages of 178,488 and 184,546 respectively.

A website spokesman said: "The actual name of a road doesn't dictate house prices, but it can give a good indication of how well-heeled an area is.

"Mews hints at exclusivity and Lane is evocative of an idyllic rural setting, whereas the most common association for Terrace is the rows of housing, originally designed for the working classes in industrial areas."

The research, which analysed property prices on 858,000 street names, found that Road was the most common word in addresses at 144,322, followed by Close at 98,778 and Street at 58,637.

Square was the most exclusive word – at just 3,859 in the UK, followed by Mews at 4,825.

House prices rose in only three regions of England and Wales during May, with the South East leading the way with a gain of 0.9 per cent, followed by London at 0.7 per cent and the North West at 0.5 per cent, while prices in Yorkshire were unchanged.