House prices and broadband

Broadband and house prices: are they connected?

 
                          

Make the most of your broadband speed when selling your house and find out what the broadband in a new area is like when hunting for a new home

House Prices and Broadband

          

What do you think about when trying to get the best price possible for selling your home? Choosing the right estate agent? Setting the right asking price? Tidying the garden to entice prospective buyers in?

And what do you think about while looking to get value for money when buying a home? Work out how many bedrooms you need? Look at the schools, shops and transport links in the area? Damp, or, rather, lack of it?

It may never have occurred to you, but you should consider broadband - whether you are buying or selling a property.

Broadband and moving house

One in five prospective home buyers said they would be happy to pay more for a property with high-speed broadband, according to a study carried out by broadbandchoices.co.uk and property expert Henry Pryor last year.

The poll of 1,500 homebuyers also found that a good broadband connection was rated above the likes of off-street parking and access to local amenities as one of the key deciding factors for people looking to buy a new house.

Broadband and selling a house

If you are selling your home you can use a broadband speed tester to get an accurate idea of the upload speeds and download speeds your internet connection is giving you.

A trial carried out by broadbandchoices and independent estate agents Delaney's found that including broadband speeds on a property listing online attracts twice as many viewing requests.

Broadband and buying a house

If you are looking to buy a home, you can use broadbandchoices to compare broadband in the postcode a property is in. This will give you an idea of the speeds you can expect and what you will have to pay for them in that area, and what packages are available.

Urban Sales and Lettings, a nationwide online estate agent, said: "We receive over 300 enquiries from tenants and buyers a day and increasingly one of the main questions asked is regarding the quality of broadband connectivity."

As Dominic Baliszewski, telecoms expert at broadbandchoices, says: "When it comes to buying a property it seems that it's more a case of broadband, broadband, broadband than location, location, location."