Its long been known that living in a property close to a good school could raise its value but did you know the proximity of an up market supermarket could add value, too? Maybe you should add this filter to your viewing checklist if you are searching for a home that will give you a boost in value.
Properties close to an “upmarket” Waitrose store could be worth 10 per cent more than others in the same town or city – receiving an average boost of £38,666, according to a report by Lloyds Bank. Those living close to a Sainsbury’s benefit from the second highest increase in value, with properties worth an average of £27,939 more than homes further away. Homes close to Marks and Spencer, Tesco and Iceland are worth, on average, £22,000 more than those within a less easy distance of a superstore.