How Much Value Does A New Roof Add Uk

But even if you don t see a huge financial return a new roof can make you more likely to get full asking price lower time on market and smoother negotiations.

How much value does a new roof add uk.

A leaking roof can be one of the most urgent and significant repairs that you have to carry out on your home. However at the very cheapest end of the spectrum replacing the felt roof on a garage should only cost around 1 000 whereas replacing all the slate tiles on a large family home may cost as much as 12 000. A new roof can cost between 2 500 and over 10 000 depending on your location the size of the roof the extent of the work and the type of roof. Most homeowners in the uk spend between 2200 and 7200 on replacing the roof.

In terms of adding value it is likely to be a very good investment providing it adds more accommodation than it takes away remember you need to make room for a full staircase and this will take up existing space. A typical loft conversion costs around 500 600 m compared to around twice this for an extension. Value a new roof can increase your home s value by around 12 000. This increase in value depends on several factors including the style of the new roof how it architecturally enhances your home and the location of your property.

That works out to 68 percent of the investment. That new roof will increase the home s value by 15 427 on average. According to an article by thisismoney co uk a new roof can return up to 63 on your investment beating the value offered by a new kitchen or bathroom. Remodeling magazine says that from its survey regarding cost vs.

The survey also shows that when you have a new roof installed you can recover around 63 percent of the installation cost through the increased value. Roof installation cost ranges from 300 to 380 per square metre depending on the roof size and materials used in reroofing. A new roof will cost you thousands of pounds. Overall we estimate that the average cost for a roof replacement in the uk will come in at around 5 000 to 6 000.

The uk national average cost to replace a roof is 5 300 with most homeowners spending between 2 300 and 7 300. Yet other research has found that a new roof adds much more to the appraisal value. But you will claw this money back when you come to sell your home at least that s our experience. A roof replacement cost uk is approximately 5500.

Expect to spend 1 050 to 2 100 to remove your current roof before installing a replacement.