House prices in Cambridge have risen more than any other British town or city over the past seven years. They are now a third higher than their previous peak in 2007 and have increased by an average of £53,000 over the past year alone.* Whilst this is great news for home owners who are downsizing, those looking to move up the property ladder may find their desired home a little bit further out of reach. The good news is that if you decide to improve your home rather than move, you will get a double whammy in terms of increase in value. A housing market survey suggests that the value of a house can increase by between 50% and 133% of the cost you spend on a glazed extensions. So if you spend £15,000 you could add almost £20,000 to the value of your home – add that to the current rise in house prices and you could be sitting in a gold mine (quite literally!)
At Frames Conservatories Direct we have a wide range of home improvement options available – from putting a new roof on an existing conservatory to improve the comfort during the hotter and colder months, to a new glazed extension which can be used for any purpose all year round.
So if you have a home extension in mind give us a call on 01284 700456 and we will show you how easy it could be. Building control and local planning permissions can put some people off adding an extension to their home but we take care of all the administration required to improve your home.
*Hometrack’s UK cities house price index