Read the latest news from the team at Martyn Gerrard

< Back to all articles

Home improvements and projects to add value to your home

 
  • 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.
 
  • 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 outbuildings (3%). We suspect the need for a home office is behind many of these applications. Source: Dataloft, Planning Portal, NAEA