9 months ago

The one thing that can add an average of £16,000 to the price of your home

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth Sign up to our free money email for help building your wealth SIGN UP I would like to be emailed about offers, events and updates from The Independent. The average “premium” for a home with a south-facing garden is around 4% or £16,226, according to Rightmove – which analysed properties across England and Wales. open image in gallery On average, it takes 62 days to find a buyer for a home with a south-facing garden Tim Bannister, Rightmove’s property expert, said: “Having a south-facing garden has always been highly desirable for buyers, as it can mean enjoying longer hours of sunlight despite the unpredictable British weather. “It’s clearly a significant selling point which sellers should look to highlight when marketing their property, as it might help their home stand out on a buyer’s shortlist.” Here are the typical house price premiums for a south-facing garden, according to Rightmove: – South West, 5% – South East, 5% – Yorkshire and the Humber, 4% – North East, 4% – East Midlands, 4% – West Midlands, 4% – East of England, 3% – North West, 3% – Wales, 3% – London, 2% And here are the average numbers of days taken to find a buyer for a home with a south-facing garden according to Rightmove, followed by the average time to find a buyer for a home with a non-south facing garden. The number of days is the time from a property being first listed on Rightmove until being marketed under offer or sold subject to contract: – East Midlands, 56, 73 – North West, 59, 74 – Yorkshire and the Humber, 57, 71 – North East, 55, 65 – Wales, 63, 72 – East of England, 65, 73 – London, 66, 72 – West Midlands, 68, 74 – South West, 69, 72 – South East, 70, 71 Rightmove’s analysis also found that Worthing, Shoreham-by-Sea and Slough, all in the south east of England, have particularly high concentrations of south-facing gardens currently for sale on the website.

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