Over the summer, where I live in the leafy borough of Richmond Upon Thames it felt like the streets were awash with skips. It seemed like people were ripping out and doing up their houses left right and center.
Although after Brexit, it was reported that home improvements were put on hold due to uncertainty, after the initial fear and uncertainty subsided it was then reported that home improvements were to see a spending surge in 2017 as people decided to stay put and improve the value of their houses, in line with the cooling of the property market.
According to The Home Improvers Report by Barbour Abi, all across London the home improvement bug still continues, but just not at the frenzied pace of yesteryear with over 100,000 applications submitted last year and households in the region on average spent across 2015 and 2016 almost £2,500 a year altering and improving their homes – we’ll have to wait on the 2017 results.
So who is improving what where?
Well it’s no surprise that Kensington & Chelsea, the most affluent borough in London ranks king of the castle on home improvements, followed by Westminster and then my own borough, Richmond Upon Thames.
So if you’re a Londoner looking to add value to your home, what are the home improvement projects that will add the most value to your property? According to London Builders they are:
- Fixing structural defects
- Extending into the loft
- Renovating your kitchen
- Treating your garden like another room
Definitely some food for thought for Londoners thinking about undertaking some home improvements. So whether you’re looking for double glazing in Croydon or a new kitchen in Greenwich, it looks like home improvements are the way forward for Londoners everywhere.
Are you a Londoner looking to undertake home improvements? What home improvements are you currently contemplating? Do leave a comment and share.
*This is a collaborative post