How to increase the price of the average house by £23,000 without building a thing

Property for sale? Most homeowners are on the look out far ways to get as much as possible.

Making renovations to your property is one way to do this, as is building an extension.

But, not everyone wants to build on their home.

Property Advice recommends applying for planning permission increase the value of your property

It claims this can add up to 10 per cent of the value of the property.

As of June 2019 the average house price in the UK is £230,292, and 10 per cent of this is £23,029.20.

People who are planning to do work to a property are more likely to buy if they know that they can build.

How do you apply for planning permission in the UK?

The government said: “You’ll probably need planning permission if you want to build something new, make a major change to your building, eg building an extension or change the use of your building.

“To find out if your project will need planning permission, contact your local planning authority (LPA).”

You can apply for planning permission online, via an online portal.

You may need to apply for both planning permission and building regulations approval.

Planning permission is what you need to approve the plans, while building control applications are there to make sure any work complies with regulations.

The planning application fee is £60.

There are lots of other ways to increase the value of a property.

One renovation could boost the price of your home by £100,000. 

Making renovations in certain parts of the house could see the biggest increase, according to Milton Rodosthenous, director of online auction service LetsBid Property.

He said: “An approach to boosting value is to invest more significantly in your property before taking it to market.

“Some of the most popular improvements include renovating the kitchen or bathroom, converting a garage or getting a loft extension.

“If completed professionally and to a high standard, these projects could add anywhere from upwards of £10,000 to £100,000 to a property’s asking price.”

source: express.co.uk