Bad neighbours cut property value

12th August 2016

Living next to a “neighbour from hell” who allows their home to fall into disrepair can knock up to £83,000 off the value of a London home. Houses next door to a “bad neighbour” sell for an average of 8.2%, or £38,717, less than similar homes in their area, a study by insurer Privilege claims. The biggest price drag is being by a home with broken or boarded windows, followed by bad extensions and rubbish in the driveway.

The Daily Telegraph (11/06/2016)