Which renovations add most value to your home?

The average cost of a home in the UK is £183,861
44%
of UK homeowners have undertaken major work on their current property, or plan to do so within the next year
Of those people…
40%

say that renovations are to improve the look of the house

33%

say that renovations are to add value to their home

22%

are making improvements out of necessity e.g growing family

Click on each room to reveal the renovations that add the most value

Upgrade roof

Upgrade roof

Average cost

£4,150

Average value added

£6,750

Solar panels

Solar panels

Average cost (for 3.5kWp)

£7,000

Return over 20 years

£11,180
8%
of people will fit solar panels in 2015

Loft conversion

Loft conversion

Average cost

£24,600

Average value added

£36,600
11%
of people will convert their loft space in 2015

Build extension

Build extension

Average cost

£19,750

Average value added

£33,750
30%
of people will build an extension in 2015

Add a bedroom

Add a bedroom

7%
of people will add an extra bedroom to their home in 2015

New bathroom

New bathroom

Average cost

£4,900

Average value added

£7,250
29%
of people will fit a new bathroom in 2015

New kitchen

New kitchen

Average cost

£9,600

Average value added

£14,350
34%
will fit a new kitchen in 2015
15%
of people will install a new boiler or central heating system in 2015

New floor / carpets

New floor/carpets

Average cost

£4,000

Average value added

£6,000

Improve exterior

Improve exterior

Average cost

£6,000

Average value added

£10,500

Add a conservatory

Add a conservatory

Average cost

£5,300

Average value added

£11,050

Convert basement

Convert basement

4%
of people plan to covert their cellar in 2015

Landscape garden

Landscape garden

Average cost

£4,550

Average value added

£8,550
20%
of people will give their garden a makeover in 2015

Sell, or not to sell?

Sell, or not to sell?

82%
of homeowners don’t plan to sell after making improvements
Home improvements in order of ROI
ImprovementAverage costAv. value addedROI
Add a conservatory£5,300£11,050108%
Landscape garden£4,550£8,55088%
Improve exterior£6,000£10,50075%
Build extension£19,750£33,75071%
Upgrade roof£4,150£6,75063%
New floor/carpets£4,000£6,00050%
New kitchen£9,600£14,35049%
Loft conversion£24,600£36,60049%
New bathroom£4,900£7,25048%

4 thoughts on “Home Improvements

  1. Aman Bansal

    That’s something interesting fact and figure about home improvement in UK. Bedroom and living room interiors cost more than any other part of the house. I almost paid £30,000 for both spaces.

    Reply
    1. Ray

      Well, you been mugged. Been a builder for many years now and 30k is loft conversion money. Sorry to say that but you overpaid quite badly

      Reply
  2. UK Roofer

    I’m surprised double glazing (windows, front door etc.) aren’t included in the list? We’re upgrading out wooden windows at the moment to A-Rated UPVC which should not only look better but reduce bills etc. I’m confident it will add value to the house once complete.

    As for the roofing i’m also slight;y surprised to read that it will likely bring a 63% ROI. It seems such as necessity that upgrading it should really be mandatory. What exactly does ‘upgrading’ mean anyway? Is it roof repairs? Replacement roofing or upgrading to a different roof material? Intriguing… I think i’ll leave mine as it is for the moment!

    Good read though… I think the overwhelming positive to take from it is that any major home improvement that genuinely improves the home (not just personal taste) should be considered an investment, providing you can cope with the salesmen!!

    Reply

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