The value of your property can depend on many different factors. These include the location, transport links, age and condition of the property plus the market demand in your area.
While you can’t control everything, there are several ways you can easily boost your home’s value. For example, you could enhance the outdoor spaces or streamline and declutter the interior.
And, as this blog explains, one quick and easy way to add value to your property is by connecting to full fibre broadband – which could add thousands of pounds to the price.
Is home working here to stay?
The Covid-19 pandemic forced many companies and workers to work from home, creating a trend for remote or hybrid working that continues today. A 2023 study found that 44% of UK workers currently work remotely, up from 29% before the pandemic.
As a result of this, having full fibre to the property has become an increasingly essential basic necessity. After all, no one wants to take a Zoom call or download work files only for the internet to continually buffer and stall.
In fact, the internet has now become the accepted fourth utility behind gas, electricity and sewage. The end result is that homes with faster broadband will attract more buyers and renters. And that rise in broadband demand has seen properties with full fibre broadband increase in value across the UK.
Does broadband speed affect house prices?
Yes, broadband speeds do affect house prices. Having fibre to the property is an essential part of modern life.
Where once having a south-facing garden or a recently renovated bathroom were important factors in a property’s value, it’s now equally important to have reliable broadband access at your property.
Handily, you can now put an exact figure on just how much broadband speeds affect house prices. A 2021 independent review published by the Department for Digital, Culture, Media and Sport, found that having superfast or full fibre broadband adds £3,500 to your property’s value.
Which makes sense when you stop and think about it.
Fast broadband speeds not only allow people to work from home, but high-speed internet access means you get the most out of your streaming, entertainment and gaming experiences.
Full fibre broadband also improves the connectivity in your home with devices like Alexa, WiFi speakers and other Internet of Things devices. And it’s also essential if you want to turn your property into a smart home.
Plus, by investing in full fibre broadband, you’re helping future-proof your property. This in turn adds value to your home, making your property more competitive in the market.
How important is full fibre to buyers?
In a word: very!
A 2021 study by Huawei discovered that a high-speed internet connection was the second most important factor for UK house buyers.
That importance can change, however, depending on your location.
In cities and suburbs where high speed broadband is common, it might not greatly affect property values.
But in rural or remote areas where there may be more limited internet options, having full fibre broadband access can significantly increase your property value.
With so much of our lives now online, full fibre broadband is a crucial consideration for buyers. And due to its importance for remote working, entertainment and overall quality of life, can greatly influence property values.
Does my property have fibre broadband?
If you are looking to buy or sell your property, one of the questions you’ll need to ask is ‘Does my property have fibre broadband?’
You can check if Quickline broadband is available in your postcode here.
Quickline – Broadband built for you
At Quickline, we’re all about delivering high-speed residential and business broadband to areas other providers leave behind!
With Quickline, it doesn’t matter what you want from your internet connection. Whether you’re a home user looking to browse, download, work from home, stream or game, we have the broadband connection to ensure everything goes smoothly.
Think it’s time to improve your connection? Click here to see whether our home broadband at is the best solution for you.
