The study uses data from GOV
In contrast, Kensington and Chelsea is identified as the area where it is hardest to start a renovation project.
In a new study conducted by flooring specialists
Using data sourced from GOV.UK,
An increasing number of individuals are opting to purchase properties in need of renovation, aiming to save costs and infuse their distinct style into their new homes. This study seeks to pinpoint the regions where this trend is most feasible.
In second place is
Taking fifth place is
The top ten renovation spots in the
Location
Median House Price (£)
Planning Approval Rating (%)
Percentage of houses with 'potential'
Tradesperson Score
Overall Score (/100)
£193,707
93.7
42
9.90
81.50
£199,977
92.9
43.7
9.90
81.49
£127,727
95.8
22
9.89
75.35
£103,386
87.9
27.9
9.88
74.16
£160,990
94.2
24.3
9.91
74.11
£157,386
95.1
19.7
9.93
73.93
South Tyneside
£156,901
95
18
9.92
72.12
£223,469
92.7
28
9.92
71.97
£181,134
94.5
20.9
9.92
71.68
£236,935
93.3
36.6
9.85
71.49
Kensington and Chelsea ranks lowest with a median house price of £1,154,639, a planning approval rate of 85.6%, 3.8% of homes with renovation potential, and a tradesperson score of 9.90, resulting in an overall score of 29.71.
Islington precedes this ranking as the second lowest. The median house price here is £645,134, accompanied by a planning approval rate of 80.3% and 4.7% of homes with renovation potential.
Ranking third from the bottom is Hackney, with a median house price of £589,517, a planning approval rate of 79.2%, approximately 4.8% of homes showing renovation potential, and an impressive tradesperson score of 9.90- an overall score of 33.26.
Another
Lambeth holds the fifth lowest position in the ranking, with a median house price of £501,094, a planning approval rate of 72.4%, and 8.4% of homes for sale showing renovation potential.
The ten worst spots for renovation projects
Location
Median House Price (£)
Planning Approval Rate (%)
Percentage of houses with 'potential'
Tradesperson Score (/10)
Overall Score (/100)
Kensington and Chelsea
£1,154,639
85.6
3.8
9.90
29.71
Islington
£645,134
80.3
4.7
9.90
33.02
Hackney
£589,517
79.2
4.8
9.90
33.26
The City of Westminster
£927,909
97.8
2.9
9.90
33.65
Lambeth
£501,094
72.4
8.4
9.91
34.28
Brent
£521,609
72.4
14.6
9.89
34.36
Harrow
£521,416
70
20.1
9.89
35.76
Barnet
£583,647
78.7
11
9.89
36.03
Greenwich
£458,920
73.5
12.1
9.90
36.03
Newham
£396,662
71.9
11.3
9.90
36.08
All the best,
luca.hogan@journoresearch.org
Phone inquires: +44208 050 0054
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