• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
  • Guest Content
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Lifestyle

What House Hunters Want

Revealed: Private Outdoor space tops list of ‘must haves’ for prospective UK homeowners  Outdoor space for both leisure and practical purposes is the number one priority for UK house hunters, new research has suggested.  The research, which was conducted by leading hard landscaping manufacturer Marshalls, asked 1,000 UK residents for the most important features they look for when deciding on a new property, with gardens and off-street parking coming out […]

Sam Allcock by Sam Allcock
2019-09-10 15:33
in Lifestyle
The London Economic

The London Economic

FacebookTwitterLinkedinEmailWhatsapp

Revealed: Private Outdoor space tops list of ‘must haves’ for prospective UK homeowners 

Outdoor space for both leisure and practical purposes is the number one priority for UK house hunters, new research has suggested. 

The research, which was conducted by leading hard landscaping manufacturer Marshalls, asked 1,000 UK residents for the most important features they look for when deciding on a new property, with gardens and off-street parking coming out top of the list. 

It seems that Location, Location, Location may need to be replaced by Gardens, Gardens, Gardens as UK house hunters look to prioritise outdoor space when looking for a new home. Over half of respondents (54%) claimed that a private garden would always be on their ‘must have list’ when looking for a new home, while almost a quarter (24%) state that off-street parking would be the most important feature they’d look out for. Location was the most important factor for only 18%, with the size of the property rounding of the list for 4% of respondents. 

With such high demand for outdoor space, it is not surprising to see a private garden or driveway add value to a property. However, by analysing current house listings against UK averages, the research shows that this additional value can vary dramatically depending on where you are in the country. 

With available space such a high commodity in the capital, house hunters are going to have to pay well above the city average if they want to secure a home with a garden in London. By analysing a range of properties across the city against the average London house price of £482,200, the study found that properties with gardens are listed at an average of £813,500. While gardens may be the number one priority for house hunters in 2019, those looking in London will have to spend an additional 69% in order to land one. Prospective house hunters in Leeds will find it much easier to afford a new home with access to green space, with houses that have gardens listed at only 10% over the average house price in the Yorkshire city. 

With almost half of respondents (45%) complaining about finding a parking spot close to their home, it should come as no surprise to see the market reflecting the additional benefit of knowing you can park right by your front door every day.

As a whole, driveways in Leicester come with the largest premium, adding a further 60% to the average house price in the area. At the other end of the spectrum, properties with driveways in Liverpool and Bristol can only expect to see a 4% increase in asking price, compared to those without this luxury.  

While it may seem like a worthwhile gamble to bet on street parking to avoid paying extra for a property with a driveway, the research shows that whilst people may save money on their purchase initially, they will end up paying in different ways in the future.  

RelatedPosts

Lucky Numbers and Horoscopes for today 2 April 2023

Lucky Numbers and Horoscopes for today 1 April 2023

How to avoid common pitfalls when choosing an online casino

Lucky Numbers and Horoscopes for today 31 March 2023

Residents who rely on ‘on-street’ parking spend an average 7 minutes a day looking for a parking spot close to their homes, working out to a staggering 42 and a half hours each year. More information can be found here: https://www.marshalls.co.uk/homeowners/inspire-me/articles/private-outdoor-space-does-it-really-add-value-to-4790

Content Protection by DMCA.com

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending

Elevenses: Exposing the Tories’ Deepfake Illegal Immigration Bill

Elevenses: Rishi’s Finest Hour

Elevenses: Fear and Loathing in the New Conservatives

More from TLE

Sturridge to Newcastle United deal off as West Brom join the chase

Elevenses: I Quit!

Hugh Grant says hate actually is all around as he tweets comments from MailOnline

Frost warns relationship between UK and EU will be ‘a bit bumpy for a time’

Brexit: Use of violence in opposition to Northern Ireland protocol ‘not off table’

Thunderball Results for Tuesday 31 May 2022 Tonight’s winning numbers

Newsnight’s Cummings coverage from Emily Maitlis broke impartiality rules

Woman who lived in the UK for most of her life is refused British citizenship

Loire Valley Wines Glisten at London Wine Week Dinner

School staff handing out clothes and food to struggling pupils – report

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.