Composite Garden Decking Adds £14.7k To Average Property Values Of East Of England Homes
Leading supplier of composite timber decking and cladding, Dura Composites - part of International Timber's product range - and respected East Anglian estate agents, Boydens, have revealed that homeowners typically add 5% to the value of their home through the simple installation of composite decking in their gardens. With the average property price in the East of England quoted by Barclays as £294,000, this adds a substantial £14,700 in value.
Homeowners in Colchester could see an uplift of £17.5K, while Chelmsford residents installing quality composite decking can expect to add a healthy £18.1K to their property value. Those in Suffolk can also maximise their property value with houses in Ipswich and Bury St Edmunds bolstered £16.5K and £15.9K respectively by adding composite decking.
Dura Composites have estimated the average decking material cost for a 3-bed terrace for customers in the East of England at approximately £2,126. Given the 5% rise in property value estimated by Boydens, this provides an almost sevenfold return on investment.
The number of people who stand to benefit is rising, as Dura Composites have also revealed a recorded growth in sales of 367% of its Dura Deck composite decking and composite Dura Cladding over the past 5 years.
With house prices set to increase by 4.4% throughout 2017, according to the National Association of Estate Agents (NAEA), these trends go hand in hand.
To find Dura's decking services, visit http://www.duracomposites.com/decking/composite-decking/
If you need to any cladding or decking materials (and want to add to the value of your home!) get in touch with us and we'll be sure to help.