At the end of 2018, property portal giant Rightmove reported the biggest fall in house prices experienced in the last 6 years – with new seller asking prices down by an average of 3.2% (£9,719). So, as more buyers are encouraged to act as soon as possible to gain property bargains, we thought we’d take a look at the best ways homeowners can add more value to their London homes this year.
Extend your London home
Extending kitchen spaces with a side-return extension has become incredibly popular in recent years – potentially adding up to 15% to London property values, it’s hardly surprising! If this is something you would like to consider, we can provide a competitive quote as well as valuable advice on planning permissions, building regulations and much more.
If you can, add an orangery
Space is a valuable commodity, especially in London. So, the amount of space within your home will considerably affect its value. High-quality orangeries provide the ideal hybrid solution between a standard conservatory and a full-blown extension, able to add between 10-20% to a London home’s value; the larger the orangery, the bigger the price increase.
Tap into the charm of a conservatory
Well-planned, designed and installed conservatories are able to increase London property values by 5-10%. In this instance, large bespoke conservatories will be a much worthier investment than a small, basic lean-to conservatory, for example. Add a custom skylight into the mix, increase the amount of natural light entering the space and make your home even more enticing to potential buyers!
Upgrade your London home with double or triple glazing
Central heating and double glazing go hand in hand as the top two features that buyers in the UK are searching for in their quest for the perfect home. Upgrading single paned windows to double glazing will add considerable value, whereas progressing from double to triple glazing will deliver modest value increases. Double glazing has the power to add at least 5% on to the value of your London home. A good energy efficiency rating is also an important factor for buyers and by increasing your Energy Performance Rating (EPC) you have the potential to boost property re-sale values by 6-14%!
Secure windows and doors
Secure windows and doors are in third place when it comes to what UK buyers value the most when looking for a new home. Heightening kerb appeal and upgrading important features like window frames and doors are sure to add a bit more value on to your London property, as well as vastly increasing its desirability amongst London buyers. From period inspired timber sash windows to solid & eye-catching composite doors, we have a wide range of superb secure windows and doors able to suit all property styles and tastes.
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