News
Location key influence on property values
Written By:
Your Money
Posted:
Updated:
26/03/2024
Location remains the most important factor in determining a property’s value, with a good location typically adding 35.9% to the possible selling price.
Research from Nationwide claims that a loft conversion is the next most valuable influence, potentially adding 20.9% to a house’s worth, while access to parking adds 6.5% and an extra bedroom 6.0%.
Adding an extra bathroom will make you more flush, typically adding 5.2%.