5 property issues could cost homeowners £77,000 in lost value when selling

Winter property issues could cost UK homeowners up to £77,000 in lost value when selling their homes, according to estate agents.

Five major problems that typically emerge during the cold season can drastically impact property prices, with roof damage alone potentially slashing up to £50,000 from a home’s value.

The winter-related issues include mould build-up, frozen pipes, roof damage, boiler breakdowns and broken gutters, all of which can deter potential buyers.

With the average UK home selling for £282,000, these seasonal challenges require immediate attention to prevent substantial financial losses.

Estate agents at Auction House London warned that addressing these problems promptly is crucial for maintaining property value during the winter selling period.

Mould build-up – £14,000 loss

Mould poses a big threat to property values during winter, with cold temperatures and increased indoor humidity creating perfect conditions for its growth.

Estate agents warned that even minimal mould can reduce a home’s value by approximately five per cent, equivalent to a £14,000 loss on an average UK property.

The issue extends beyond surface-level concerns, potentially causing hidden structural damage that can severely impact a property’s marketability.

Homeowners can implement several preventive measures to combat mould growth. These include improving ventilation in vulnerable areas, conducting regular damp checks, and ensuring proper insulation.

The use of dehumidifiers and targeted mould removal products are also recommended as effective solutions for protecting property value.

Experts emphasised that identifying and addressing the root cause of mould is crucial for maintaining a home’s market worth.

Frozen pipes – £5,000 loss

Winter temperatures can cause water to freeze in poorly insulated pipes, particularly affecting older properties. The expansion of frozen water can lead to cracked pipes, resulting in leaks, flooding or heating system failures.

Immediate repairs for burst pipes typically range from £150 to £600, but delayed action can lead to extensive property damage costing thousands.

Roof damage – £50,000 loss

Roof issues represent the most significant threat to property values during winter, potentially reducing a home’s worth by five per cent to 30 per cent. Attic condensation, high winds, and ice and snow accumulation can lead to structural damage.

Estate agents advise that severe roof damage could decrease an average property’s value by approximately £50,000.

Regular inspections, proper attic ventilation, and swift attention to minor issues are essential for maintaining your roof condition and property value.

Boiler breakdowns – £5,000 loss

Winter puts more pressure on heating systems, leading to potential wear and tear and the building of problems and leaks.

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A functioning boiler is crucial for winter property sales, with breakdowns potentially reducing a home’s value by around two per cent, equivalent to £5,000 for an average UK property.

Estate agents note that a cold house can significantly extend a property’s time on the market and deter potential buyers.

Broken gutters – £3,000 loss

Ice and snow accumulation in gutters can cause water overflow, affecting foundations, walls, and cellars. Regular maintenance, costing between £4 and £5 per metre, is essential to prevent value losses ranging from one per cent to 6 per cent.

Damaged gutters can lead to structural issues, damp and mould, potentially reducing property value by £3,000 to £15,000.

Experts recommended consistent gutter maintenance to protect against these substantial winter-related losses.