Is it true that broadband speed effects the value of a house?

Well it’s certainly been widely reported by Estate Agents that slow or no broadband has resulted in house sales falling through.

Some Estate Agents have claimed that the broadband quality can make a 10-20% difference to the price of a house. That seems a little on the high side to us (Estate Agents exaggerating? surely not!) but it is a positive indication that broadband does have an effect.

A more credible source is the London School of Economics and Imperial College Business school who, in a long term study, say that high speed broadband does indeed put up to 8% on a properties value.

Isn’t this a rhetoric question though? Who’d want to move out of Kings Cliffe or Apethorpe :)

Category: Property