A simple home improvement can boost the value of your home by £15,000 - 'buyers are willing to pay more!'

A simple home improvement can boost the value of your home by £15,000 - 'buyers are willing to pay more!'

Britons discuss house prices

Sarra Gray

By Sarra Gray

Published: 25/05/2024

- 07:00

Some home updates can encourage potential buyers to offer thousands above the selling price

Property is the most valuable asset many Britons own so if they are selling, they will want to ensure they make as much of a profit as possible.

Experts have shared one home improvement that can add £15,000 to the value of your property.

A property with a garden is one of the things potential buyers would be most likely to fork out for.

In fact, buyers may spend £20,000 more for a home with a garden or a driveway, according to research by property experts at Hammonds Fitted Furniture.

Property for sale / houses with solar panels

Buyers are willing to pay more for solar panels, according to experts


While these features make a home much more valuable, it is not always cheap or easy to update a garden or a driveway.

However, a solar panel system is another thing that is likely to make buyers part with their cash. The research found buyers could offer around £15,000 above the asking price for a home with solar panels.

Installing these can cost around £4,500, according to the Federation of Master Builders. YSE Energy Solutions added it can range between £1,500 and £8,000.

However, it is an efficient upgrade that is likely to add more value than it costs to implement, the experts claimed.

The 10 features homeowners would pay more for

A garden

A driveway

New bathroom


A conservatory

Triple-glazed windows

Solar panels

Two-car garage

Lots of storage space

Underfloor heating

Interior design expert at Hammonds Fitted Furniture Melissa Denham said: “It seems although the property market can be a struggle for buyers in the current economic market and with increase mortgage rates, buyers are still willing to pay above the asking prices to secure the house they want."


House with solar panels

Solar panels can cost £1,500 to £8,000 to install


This comes as the latest Government House Price Index figures revealed the parts of the UK areas where homes have the highest selling price.

House prices have risen slightly in the last month and in the last year, with property in Scotland increasing the most.

House prices in London remain the highest, however, with a home in the capital costing an average of £499,663, as of March 2024.

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