The UK property market is continuing to boom despite the impact of the coronavirus pandemic.
With the average house price now standing at £250,311, up almost 10% from this time last year, now may be a good time to sell your house.
Before doing so, there are a number of features that you can add to your home to bump up its value.
Property portal MoveStreets, co-founded by Manchester-based CEO Adam Kamani, has revealed the top home improvements likely to boost how much your house is worth.
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As a result of the pandemic, a home gym is a feature most likely to add the biggest value to your home.
According to the Post Office, it’s thought to add as much as 44% which is more than £110,00 added to the value of your home.
With more of us spending more time at home, the pandemic also caused the need for more space and some homeowners decided to upsize.
Adding an extension onto your home can add an estimated 37% value to your home, which is as much as around £92,000.
A walk-in wardrobe has become even more more desirable after the pandemic.
This luxury addition to your home can increase your house value by 34%, adding more than £85,000 to the total amount.
Considered the hub of the home, a brand new kitchen could increase your home value by around £65,000, up 26%.
A swimming pool could add 22% value to your home adding around £55,000, and upgrading your garden could also up your value by a further 20%.
Other additions that could increase the value of your home is a basement conversion which could add around £42,000, a loft conversion more than £27,000, a conservatory that could add £25,000 and a driveaway could also up your value by 9%.
MoveStreets is the property portal for the mobile generation, co-founded by its CEO Adam Kamani.
Adam is also the CEO of the Kamani Property Group and KM Capital, as well as a co-founder of PrettyLittleThing.
“There’s no doubt that the pandemic has changed the way we view our homes and what we consider a valuable addition having spent so much of the last two years within them," Adam said.
"Any improvement that adds space is always going to appeal to buyers, however, it’s interesting to see that a space to keep fit now tops the table in terms of the most value-added.”
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