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Unwanted children’s toys worth thousands

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Parents are failing to cash in on a potential goldmine of unwanted children’s toys, according to research from online trading site The Peoples Web.

The research reveals that by the time the average British child reaches 16, he or she will have owned £11,000-worth of toys.

Yet, according to the research, 44 million working toys are thrown away every year.

Time Hayes, spokesperson for the Peoples Web, said: “Everyone knows that parenting is expensive but few are aware of the untapped value of their children’s unwanted items.”

The Peoples Web, which offers individuals the chance to sell as much as they want for £5 a year, found that only 1% of parents across the country sell their children’s toys once they leave the nest.

Hayes added: “With UK debt at an all-time high, parents need to weigh up whether sentimentality is really their top priority.”

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