Residential Gardens Increase Investment Property Prices

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Areas in England with the largest amount of residential gardens boast property prices vastly exceeding the rest of the nation.

Property prices were found to be 42 per cent higher in areas with large amounts of residential gardens, according to Emoov.co.uk. The estate agent surveyed areas with the highest percentage of residential gardens in relation to the total land use in each area. They also investigated the total land use in each area and its resulting impact on property prices.

The research found that the areas within which residential gardens account for 30 per cent or more of the total landscape have an average price tag of £343,344. This is 42 per cent higher than the average across the rest of the country of £242,286.

The average house price within the areas where gardens make up 20-30 per cent of the local landscape stands at £303,545. This is 25 per cent higher than the national average.

Even areas where gardens account for 10 per cent or less of the total land have an average house price of £255,159, 5 per cent above the average in England.

Founder and CEO of Emoov.co.uk, Russell Quirk, said: ‘A garden is right up there with some of the most desirable features of a property and so it’s important to maximise its property sale potential, particularly as we head towards British Summer Time. While the presence, positioning and size of the garden are ultimately the factors that dictate the price premium of your property, a well presented outdoor space can be the tipping point in converting a viewer to a buyer.’

He continued: ‘Buying a property is an emotive process and so enabling someone to picture themselves in your garden during those long summer afternoons can make all the difference. You don’t have to get Ground Force in for a complete renovation but make sure you get those smaller, simple jobs done, such as mowing the lawn, painting the fence and so on.’

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