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Location key influence on property values

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23/05/2006

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%.

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