Blog Post

Improvements add value

TomS - Head Tom Simper Oct 26, 2020, 11:00 AM
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People have spent an increased amount of time at home this year encouraging home improvements. Builders have seen a 47% increase in their workload this summer and online planning applications have increased by 20%.

On average, UK homeowners spend £48 billion a year doing up their homes. With a surge in people moving homes, online planning applications and builder demand, the 2020 spend may be higher.

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According to NAEA the top 10 home improvements to increase the value of your home are; redecorating, kitchen makeover, adding or updating bathrooms, garden appeal, double glazing, open plan space, new doors, loft conversions, creating a driveway and avoiding over personalisation.

The top five common projects this year have been, extensions (74%), porches (9%), loft conversions (7%), conservatories (7%) and out buildings (3%). We suspect the need for a home office is behind many of these applications. Source: Dataloft, Planning Portal, NAEA

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