If horses were houses, who would win the Cheltenham Gold Cup?

This Friday will see the return of one of the most highly anticipated horse racing events of the year, Cheltenham’s headline event, the Gold Cup. And while the bookies may have their favourite, GetAgent reckons it's practically a non-starter...at least in terms of house prices, not current form.

Related topics:  Property,  House Prices,  Horse Racing
Property | Reporter
15th March 2023
horse
"If you’re not sure on who to back, then your money is probably better off going towards a mortgage deposit. It may take a little while longer, but the benefit is likely to be far greater"

GetAgent analysed sold price records across England and Wales for almost 900 homes to have sold over the last year (2022) on roads containing each horse's name, ranking the runners and riders based on which has put in the best performance within the property market.

While Galopin Des Champs may be the bookie's favourite to win this year’s Gold Cup, the horse sits just fourth in GetAgent’s rankings. Homes to have sold across streets containing the word Champs over the last year have commanded an average sold price of £382,500.

Another runner in with a good chance of winning is Stattler, however, an average sold price of £428,000 is enough to place it just third in GetAgent’s Gold Cup lineup.

So which horses place as GetAgent’s Gold Cup house price frontrunners?

Franco De Port may be an outsider at 100/1, but properties on roads with Franco in the name have sold for an average of £460,000, making it GetAgent’s top pick. Another 100/1 horse, Eldorado Allen, places second, with homes with Eldorado in the address commanding an average of £448,500 in 2022.

The rest of the top 10 running order include Ahoy Senor (£380,000), Royal Pegaille (£370,000), A Plus Tard (£355,000), Copodanno (£330,000), Coole Cody (£287,995) and Noble Yeats (£260,000).

Colby Short, Co-founder and CEO of GetAgent.co.uk, commented: “There’s no safer bet than the housing market when it comes to the long-term return on your investment. But when it comes to this year’s Gold Cup runners, house price performance probably isn’t the best way to predict which horse to back.

"That said, Cheltenham is one of the events of the year that will entice many of us to have a flutter and so backing a 100/1 outsider is all part of the fun.

"Of course, you should always gamble responsibly and if you’re not sure on who to back, then your money is probably better off going towards a mortgage deposit. It may take a little while longer, but the benefit is likely to be far greater.”

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