Why scruffy kerbs can cost Hull homeowners £36K

Published: Wednesday 17th February 2016 by The News Editor

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Hull homeowners could have £36,600 knocked off the value of their properties if their kerbs look unappealing, a new survey warns.

Barclays Mortgages’ poll of 2,000 property owners finds that poor kerb appeal is an instant turn-off for many prospective buyers.

Nearly half (44%) of the adults surveyed claim they would attempt to force down the asking price by between 10% to 20%.

This means that as much as £36,600 could be wiped off, based on Office of National Statistics’ average £183,000 price for a home in the Humber and Yorkshire region.

It takes people an average of just 10 seconds to weigh up if they like a house on the outside or not. Untidy gardens plus telltale signs of pest control are major turn-offs.

But what some homehunters find unappealing others view as appealing, Barclays Mortgages finds. Proximity to hectic transport links, fast food shops and pubs all receive mixed opinions.

Nicely maintained gardens, double glazing and parking space all feature among the most desirable kerb appeal characteristics.

Barclays Mortgages director Craig Calder said: “Getting the small details right can be one solution that can really boost the financial value of your home.”

Copyright Press Association 2016

Published: Wednesday 17th February 2016 by The News Editor

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