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Property: Slow broadband could knock almost £50K off the value of your home

Trending Meanwhile, 24 percent of respondents in the survey said a home should have a broadband speed of 30Mbps or greater. This is the rate that Ofcom considers to be “superfast”, but only 69 percent of homes in the UK can reach this speed which is 27.8 million households in the UK. Around 8.6 million homes in the UK can’t get “superfast” broadband meaning that nearly a third of homes sold each year have slower broadband. The average house price in the UK is around £245,443, as of October 2020. READ MORE Survey respondents were asked how much they would offer for a house with slow broadband.

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