Twitter Facebook RSS FEEDS

Home makeover TV adds £51bn to house prices

Thursday, 15 December 2005 12:00 AM

Britain's obsessions with home makeover TV shows has added £51 billion to house prices, new research shows.

Hit shows such as Grand Designs, Changing Rooms, Property Ladder and Ground Force have inspired over one in five homeowners to undertake some home improvement, according to a survey by Privilege Home Insurance.

Repainting walls, replacing flooring and installing new bathrooms are among the home improvement projects that have added on average £7,870 to the value of every home in Britain.

But some homeowners have gone even further, with four per cent inspired to install a gym, add a swimming pool or build a tennis court.

"Privilege's research is great new for everyone who loves watching TV home makeover gurus work their magic on the nation's homes," said Ian Parker managing director of Privilege Home Insurance.

"It appears that adding value to your home is a hidden benefit of the changes that people make to their homes because they have been inspired by TV shows."

But the insurer warns homeowners that they should only engage in work that they are confident they can complete, and to avoid damaging their property should call in the professionals if they are in any doubt.

Related stories

Ideal Home Show Coronation Street house

Coronation Street house set for eco home makeover

Britain's most famous terraced home will finally become energy efficient at the Ideal Home Show - but will it catch on in Weatherfield?

 House prices up 0.1 per cent in September, says Nationwide. Image: Thinkstock

House prices mark time in September

Nationwide says average UK prices little changed on a year ago and a month ago.
Men watching television

New TVs consuming significantly less energy

Research has found that new TVs use nearly six times less energy than models made just five years ago.

 Cottage on Knoydart peninsula in the West Highlands boast breathtaking views but owner warns buyers that life can be hard. Image: Thinkstock

Remotest home in Britain goes up for sale

Cottage on Knoydart peninsula in the West Highlands boast breathtaking views but owner warns buyers that life can be hard.

Simon O'Brien

Want your home renovation to be on TV?

UKTV is offering the owners of derelict properties the chance to have their renovation projects filmed for a new television programme.

 New consumer sentiment index says expectations of house price growth over next 12 months at highest level for over a year. Image: Thinkstock

House prices fall again but expectations higher

New consumer sentiment index says expectations of house price growth over next 12 months at highest level for over a year.

Young man viewing a property

New house-hunting TV show looking for contestants

Are you currently searching for your dream home? Let the experts help you and you could be on a new ITV1 programme.

 Houses in Edinburgh

Scottish house prices hit 2007 levels

In the three months to the end of July 2011, the average domestic property value in Scotland fell by 3.7 per cent.
House prices in market towns have risen by £1,000 a month on average over the last decade, say Lloyds TSB. Image: Thinkstock

Market towns enjoy £1,000 a month house price rise

Over the last decade house prices in market towns have risen by £1,000 a month on average say Lloyds TSB.

 Home buyers frustrated by gazanging, where sellers get cold feet and decide to stay put, says study by In-Deed. Image: Thinkstock

Home buying: have you been gazanged?

More home sales falling through when seller gets cold feet and decides to stay put, says new study.

Search property

Headlines

Directory

Alaris

Alaris Logo
Alaris specialise in quality Bathrooms and Kitchens along with many other unique products for your home. The range of kitchens, kitchen worktops and bathrooms is extensive and the highest quality so you are sure to find what you want. New bathroom furniture, bathroom suites, taps, showers and cabinets are added regularly.

Bathrooms365

Bathrooms365 Logo
Bathroom365 supply all areas of your new bathroom - leading-edge designed bathroom suites, stylish bathroom taps and showers, all styles and forms of shower enclosures and a vast collection of bathroom furniture.

Beds Direct

Beds Direct Logo
Whether you've just moved into a property and need to furnish it or just fancy having something new to sleep on, Beds Direct offer you a wide array of beds to order online or via the telephone.

Fitmykitchen

Fitmykitchen Logo
Fitmykitchen are specialist suppliers of kitchen appliances, sink taps, waste bins and furniture. So whatever you want from kitchen sink taps to waste bins look no further than fitmykitchen, UK, the specialist suppliers of kitchen appliances, stainless steel sink taps, waste bins and kitchen furniture.

MyStampDuty

MyStampDuty Logo
We help people buying property all over the UK to minimise Stamp Duty Land Tax on residential and commercial property. If you are looking at purchasing a new home or business premises over £500,000, contact us today by completing the form on the right

Oak Furniture Land

Oak Furniture Land Logo
For hardwood furniture, including Solid Oak, Mango, Mahogany, Sheesham, Acacia, Ash and Birch, look no further than Oak Furniture Land.

Propertywide

Propertywide Logo
Propertywide.co.uk is Countrywide plc's dedicated property website. Created to provide online access to all our estate agency, lettings and property related services, Propertywide.co.uk has been designed with the consumer at heart.

The 21st Century Radiator Company

The 21st Century Radiator Company Logo
Welcome to 21st Century Radiator Company. We supply a stunning range of traditional reproduction high quality cast-iron radiators and cast-iron baths. All our cast-iron radiators and cast-iron baths are brand new, fully tested and guaranteed for ten years.

Rated People

Rated People Logo
Whatever type of home improvement or garden remodelling project you have, Rated People can help you to identify the right tradesmen for the job in a way that is quick, easy, convenient and, as it is based on real-life recommendations, trustworthy.

Residential Land

Residential Land Logo
If you are looking for short or long term rentals in Central London, Residential Land have a portfolio of over 1200 flats and houses in the best postcodes across the Capital.

Simply Bedrooms

Simply Bedrooms Logo
Simply Bedrooms, a part of Sleepwell Bedrooms Ltd, supplying quality beds, wardrobes, sliding door wardrobes and bedroom furniture at low prices and great service, London and Home Counties Specialists.

Door Handles UK

Door Handles UK Logo
Door Handles UK is the UK's largest online range of Door Handle accessories, Door Hinges, Locks and Latches and so much more and all at genuine internet prices. We have a wide range of Chrome, Brass and Glass Crystal Mortice door knobs in both traditional and contemporary designs, whatever your taste and budget you will find a design to suit.

Woodlands Furniture

Woodlands Furniture Logo
We are an established family business situated in rural Herefordshire specialising in beautiful handcrafted classic reproduction furniture. Our comprehensive ranges are readily available from stock.

Join our directory aboutproperty.co.uk

Twitter

Join the conversation at #aboutproperty

Directory articles

Why increasing amounts of people are opting for house shares

London is an expensive place to live, however, house shares offer you the opportunity to enjoy the hustle and bustle of the capital for a fraction of the price you would pay to live on your own, making them a cost-effective way forward.

Why sliding door wardrobes are the best choice for small spaces

When bedroom space is at a premium, you need to be creative with the furniture you invest in. In terms of the wardrobe, you may want to consider those with sliding doors, as they are the most practical in small bedrooms thanks to the doors.

The durability of mahogany furniture is ideal for the office

For office-based businesses it is vital to invest in high-quality furniture that is both practical and comfortable to use. While there are many products to choose from, the benefits on hand with items made from mahogany mean it is an option you should be certain to consider.