Posted 20th June

Revealed: how much new kitchens and bathrooms can add to a home’s value

20th June 2019 - 15:34pm
kitchen, bathroom, money matters, sellhousefast, survey, renovation, extension, value, property, home, homeowner, kbb, kbbdaily

A new survey by housing agent Sellhousefast.co.uk has uncovered how much new kitchens and bathrooms – as well as renovations – can bolster a property’s value by as the trend of ‘don’t move, improve’ looks likely to stay during economic uncertainty.

According to Hiscox, the number of homeowners choosing to improve their current properties rather than move has grown by 12% over the past five years, equating to more than 4 million UK households.

While a kitchen renovation can add £12,442 in value to a property, adding an extension to the loft and kitchen can boost a house’s value by £23,754. A new bathroom can add £12,895 to the value, while a new bedroom can bolster the value by £25,338.

“Homeowners making the decision to stay put and add, improve and renovate their homes instead of moving, is becoming the new trend for those looking to adapt their property to meet their ever-changing needs and evolving lifestyles,” said Sellhousefast.co.uk managing director Robby Du Toit.

“It is logical that many view home renovations as a more economical solution and given the uncertainty of the market due to factors such as Brexit, it certainly seems more beneficial to add value to existing dwellings.”


Related articles

Vasco launch sustainable radiators in UK market

Posted yesterday - 13:00pm |

The electric models have been designed to meet the growing demand for sustainable heating

GROHE Icon 3D taps installed in Europe’s first underwater restaurant

Posted yesterday - 10:30am |

The metal-printed tap collection has been incorporated into the bathroom design

KBB Birmingham to collaborate with The Used Kitchen Company

Posted yesterday - 07:00am |

The partnership aims to encourage a more sustainable event

MHK to host Eurovision Kitchen Contest 2020

Posted Friday |

The event will mark MHK’s 40th anniversary


in the spotlight

TKC’s Jigsaw brand with the best off the shelf offer for complete kitchens?

popular articles

Revealed: Instagram’s top 20 bathroom trends

AO forms new logistics partnership with Aldi