MOST POPULAR PIN OF THE WEEK: EXTENSIONS
This is the first in a weekly series of dissecting Born & Bred Studios most popular pin of the week. In a bid to dissect a picture as to why its popular or to spot the current zeitgeist.
I haven't been drilling down and monitoring anaylitics until very recently so I'm not sure if having a consistent theme in your top five is always evident (to date it hasn't been). So as this weeks theme is most definitely extending we are featuring the top four instead of one lonely pin.
And lets face it its no surprise. The sun peeped out last week all be it for a brief moment and I don't know about you but I did have the urge to spring clean and generally pick fault at my surroundings. Whilst dusting and sorting the dream of new beginnings rears it head. Why is that? Our Instagram feed is full of stories of house hunting and pending renovations. I mean space is at a premium particularly in big cities like London. And every square foot is being developed on ...even the extra 4 square metres in our back yards. House prices are showing no sign of slowing down...
"Post Brexit Prices rose by 1.7% in December alone, reaching a new all-time high of £222,484 and pushing the ratio of house prices to earnings to 5.81, just shy of its all-time high of 5.83 in July 2007 before the financial crisis struck." (The Guardian).
£222k (UK average) I hear you city dwellers cry...yes correct you can't even buy a parking space in London for that price. Hence why people are staying put moving up, out (or down if your in Kennsington & Chelsea). For a snap shot of first world problems read this if you want a giggle.
You can expect to pay approx £2000 per square meter for a single story extension excluding fixtures & fittings. Other additions to consider are professional fees for the architect, planning application, building regulations, structural engineer approx 10-15%. And of course VAT.
A lot cheaper then moving as London's maximum price per square metre of £11,321 (K&C) ...if you put it like that your saving money! So for all those who are planning or just dreaming of that extra space...see our top pins and more extension inspiration here.