Home.co.uk
Home.co.uk

News: Double benefits from working at home

Research carried out by Enterprise Nation and Homefinder UK has confirmed that having a home office or garden office can increase the value of your property by at least £25,000.

A comparison of house prices across the UK has confirmed that it really does pay to work from home with increases in property values ranging from the smallest differential of £2,450 through to a whopping £80,000. This is an £80,000 difference in the amount being offered for two similar houses located in the same area yet one with a home office and the other, woefully without.

The same value-added applies to having a garden office. Nick Hopewell-Smith, chairman of Henley Garden Buildings Ltd confirms that the residual value of the company’s buildings can add anything from 3-5% to the value of a conventional property. In some cases estate agents have attributed a value increase more than twice the full retail price of the Henley building concerned.

Freya Bletsoe, director at Homefinder UK Ltd and co-author of the research said, "These results show that not only can you save on costs through working from home, you can also earn a significant sum, just through the rise in property value. If you had not thought about homeworking before, then think again!"

Back to: News Index