Five factors that will boost your home's value

18 February 2010

Noisy neighbours, flood plains and a sinister history - these are just some factors that can devalue your house.

On the plus side, there are also plenty of things that can have a positive impact on your property's value.

Read: 10 tips for a quick sale

1.  Better transport links

A new Tube or train station, which provides easier access to a city centre, could add thousands to the value of your home.

2. Perfect neighbours

Vigilant neighbours not only make for a well-kept street but provide extra security for your home - all factors which add value to your own home when coming to sell.

3. Good results at the local school

According to the Royal Institution of Chartered Surveyors, a school with a good Ofsted report will add 8% to the value of homes that fall within the catchment area.

4. An official accolade

When a city has been given recognition, such as Liverpool's Capital of Culture in 2008, it sees a boost in investment which often translates into inflated house prices.

5. A major sporting event

With East London hosting the Olympics in 2012, surrounding properties witnessed a 15% rise in value before the property crash, according to Halifax.

Read: improve your home for less

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