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House Price (/sqm) Value added by loft conversion Value added by rear extension; North East: £1,597: £38,328: £23,955: East Midlands: £1,941: £46,584: £29,115: Yorkshire and The Humber: £2,049: £49,176: £30,735: West Midlands: £2,189: £52,536: £32,835: South West: £2,992: £71,808: £44,880: East: £3,852: £92,448: £57,780: South ...
Nov 23, 2020 · A Nationwide study found that a loft conversion which added an extra bedroom and en-suite bathroom would add an average of 21 per cent to the value of a property. In London, according to another study by Abbey Lofts , the increase in value was likely to be even higher, at 24.5 per cent.
Feb 9, 2021 · The research into live Rightmove listings* revealed that adding a loft conversion to your home can add almost 20 per cent to its value (or even 25 per cent if you live in a big city where space is limited) – although expert opinion on whether it's always the best option for every house varies.
How much does a loft conversion add to the value of your house? There is a range of ways to add value to your home including garage conversions, extensions and decorating, but a loft conversion is one of the best. A loft conversion can in fact increase the value of your house to rise by up to 20% according to Nationwide Building Society!
Mar 1, 2023 · The typical value added can be around 10% to 20% if creating a new bedroom and ensuite with a loft conversion, explains architect George Omalianakis from GOAStudio architects. He adds that the value increase will depend on the floor area you add to your property and where your property is.
A loft conversion that adds a double bedroom and bathroom to a three-bed, one-bathroom house can add about 20% to its value — a substantial gain. In London, the increase can be even bigger, where adding a loft conversion to a two-bedroom house can boost value by 24.5% .
May 16, 2024 · Does a loft conversion add value to a house? Yes, if done properly, a loft conversion can add up to 20 – 24.5% to the value of your property. You can find out more in our handy guide: Add value to your home with a loft conversion
