There are lots of factors which add value to a property. Some are plain simple sense, others are completely bonkers. Here’s how property stacks up.
SCHOOL OF THOUGHT
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Live near a high-performing state school and you are leading the game when it comes to selling your house. Fact showed that properties close to good schools could fetch 25% more than those less well situated. So, even if you don’t have kids, watch the exam results of your nearest school like a falcon.
SPRUCE UP THE GARDEN
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IT’s easy to understand, houses with maintained gardens sell for more than ones where the garden looks like a mess. A survey put a figure of 20% on the value which a neat garden could add to a property. So stop making excuses and start to maintain your garden.
MARKET TOWN MAGIC
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If you are fortunate enough to live in a market town, you are smiling all the way to the bank. According to research, properties in market towns were typically worth more.
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We all have obsessed with food little or more; a top restaurant can work magic for the reputation of an area. This factor can add up probably 50% prices of property than the regional average.
HILLS MEAN STEEP PRICES
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You might not like walking up the hill from the station at the end of the day, but if you have a home on a hill, your property will probably be worth more may be a lot more, The average value of properties with a ‘hill’ in the address is more worth than that of properties on bog-standard ‘streets’.
FOLLOW THE CURVE
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Purchasing a house on a crescent is also sound a good deal. Research published last year showed that, in Central London, properties on crescents commanded a premium of 40%. Homes in squares or in a mews also got well, while those with ‘road’, ‘grove’ or ‘court’ in the address were seen as less acceptable.
MONEY GROWS ON TREES
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This analysis comes from America, but one would positively expect similar findings in this country, given our desire for leafy suburbs.
A study in Portland, Oregon, in 2013 observed that houses in streets where there were trees between the sidewalk and the road got an average of 7,000$ (£4,700) more than houses on tree-less roads.