Did you know that a well-kept garden can add 20% to the value of your home? This means the average UK house could see an increase of £46,542.
Research by My Tool Shed found sprucing up your garden can add significant value to the average price of a property, especially in urban areas, such as London.
When many homeowners and potential purchasers look at houses, attention turns to how to make the most of any outdoor space properties may have.
In a recent study by Foxtons Estate Agents, 62% of their customers said a garden was important to them, with a further 72% saying they’d pay more for a property with outdoor space.
Patios, decking, outdoor furniture and a freshly-painted fence were among the garden features Brits said they are willing to pay more for.
15 ways to increase your property value
Separate your garden into zones
Add outdoor furniture
Add a water feature
Keep the space secure
Keep it low-maintenance
Cut the grass
Weed the flower bed
Give the fence a fresh coat of paint
Treat the decking
Add a shed
Add an outbuilding
Include outdoor lighting
Patch up the patio and pavement
Keep the space private
Simply having an outdoor space in London can increase the value of your property by £50,000 to £90,000. Not only this, but purchasers are willing to pay this for outdoor spaces.
Islington is the best London location for added value. Properties with gardens in Islington rake in a bonus £90,000.
Merton follows closely behind, with buyers paying £60,000 more for homes with gardens. Meanwhile, Haringey takes third place, at £55,000. Greenwich and Lewisham round out the top five, both at £50,000.