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The five charts that show how the pandemic turned London house prices upside down


The five charts that show how the pandemic turned London house prices upside down
Outer London prices in April were up 5.5pc, while prime central values plummeted 13.5pc
10 July 2021 • 5:00am
Victoria Park in north east London is one of the fringe areas that has seen price growth of 10pc
Credit: Alamy
Once a sure bet, London has recently emerged as the underdog of Britain’s post-pandemic property boom.
In April, annual price growth in the capital was 3.3pc – roughly a third of the 9.3pc recorded across England and Wales, according to official data. Capital Economics, a consultancy, has forecast that annual house price growth in London at the end of this year will be 2.8pc – less than half the 6pc anticipated national growth rate. ....

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Should you care about the square footage of a UK home?


Do you know the square footage of your home? Most of us don t - but it could be vital as buyers hunt for space
Britons might be obsessed with their homes - but more than half of home owners don t know the size of their property in sq ft, according to a Zoopla survey
Buyers less fixated on bedroom count as they are now used as offices and gyms 
They are increasingly looking at price per sq ft when comparing homes - but it doesn t always reflect a property s true value according to property experts   ....

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Renovating in lockdown? Here's how to add most value to your home


Housebound UK homeowners are on a quest to perfect their homes, as Britons spent billions on renovations in 2020.
Households spent an average of £2,608 on home improvements last year, up £391 or 15 per cent on 2019, according to a survey of 2,000 homeowners by the online tradesman directory Checkatrade. 
If every owner-occupied household spent that much, it would amount to a huge £39billion.   
According to Checkatrade, Londoners spent the most money on renovating or converting a space into a home office, spending on average £621 per household to do so 
In total, 79 per cent of homeowners said there was room for improvement in their homes. ....

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How to install a home office in your garden and boost the value of your property


How to install a home office in your garden and boost the value of your property
Easier, cheaper and quicker than an extension, garden rooms have become sought-after by home hunters and families looking for more space
11 January 2021 • 6:00am
Isy Reid, Tim Saxon and Rebecca Saxon, who built a garden room with help from YouTube videos
Credit:  Andrew Crowley
Deepest winter wouldn’t usually be the best time to work in the garden. But with the advent of the third lockdown and an order to stay at home for months, any extra space can be welcome.
With working from home – and homeschooling – the new way of life, garden rooms have gone beyond a fanciful indulgence to a must-have. They have raced up the priority list for property buyers too, potentially adding a significant premium to house prices. ....

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