As a result the house is now thought to be worth in the region of £5million. Unsurprisingly, Aileen put the sale on hold for 48 hours to think again about her asking price.
The Banksy effect is just one example of an extraneous factor influencing a property s price or saleability.
Being previously owned by a celebrity is another. James Greenwood, a property search agent with Stacks, doubts that having a famous owner adds much to the actual value of a property, but it is beneficial in other ways. It s a good hook to capture interest and garner publicity, he says. That whiff of excitement around the owner increases the kerb appeal and gets potential buyers through the door.