House Renovation Cost Guide: How Much To Renovate A Home

House Renovation Cost Guide: Home renovation in the UK is exciting as well as rewarding too. It not only infuses a new life into the home but also adds value to it. Whether you’re buying a property and planning to renovate it or looking for a complete makeover of your existing home, here’re the budget aspects you have been looking for. Keep reading to know everything about home renovation costs in the UK.

Full House Renovation Cost UK: How Much To Renovate A House

How much does it cost to renovate a house in the UK – There are various components in a home renovation that impact the cost. Apart, from the original budget, we would recommend keeping at least 10-15% contingency funds in case of emergency and other unforeseen issues. Here is the cost of components/processes involved when undergoing a home remodel. Have a look.

1. Average Cost Based on Type of Processes Involved in Home Renovation

  • Cost of Rewiring: The cost of rewiring during a home renovation starts from £5,500 as it depends on the complexity of the wiring and electrical system, does it require new panels or board installation etc.
  • New Gas Supply: Depending on the route of the gas supply, the charges may vary. The cost will also increase if you plan to extend the line. You can expect to start from £1,500.
  • New Heating System: If you plan a new heating system you may replace the older boiler with a new combi boiler and radiator. The cost may start from £5,500 for a 3-bedroom house. 
  • Replastering: Planning a new configuration along with replastering, the average cost will cost around £3,500 and may vary depending on the extent of work.
  • New Kitchen or Bathroom: plan to perform a kitchen renovation as well. The average cost of kitchen renovation may fall somewhere between £12,000 – £2,200. For the bathroom, the average renovation cost is around £6,500.
  • New Windows: If you’re not reusing the old windows and plan to change them with new ones, the average cost comes out to be around £4,500.
  • French Doors: Installing French Doors could be an existing idea to make the home look appealing and stunning. The average cost starts from £2,500 and includes plasterwork, brickwork, lintels as well as doors.
  • Knocking Down the Walls/Strip Outs: To get a new structure, you may need to strip out or knock down the walls to create new living spaces. The average cost of doing this is around £1,500.
  • Damp Proofing: If the house is having dampness, then it needs to be treated as well. The average cost of doing a damp proofing of the home is around £1,400.
  • New Roof: Your existing roof needs repairs or want to replace it with a new one, this will add more costs. For a new roof, expect to pay around £5,500. For repairs, you can expect the cost to be between £200 and £500 per square meter.

2. Average Home Renovation Cost based on Type of Renovation

  • Cost of Extension: Adding an extension is a brilliant way to add new living space to the home. It can be single-storey, multi-storey, wrap-around, rear extension and more. Depending on the size, design, scale and requirements, the prices start from £10,500 and can go up to £300,000.
  • Cost of Loft Conversion: Have free space in your attic? Undergoing loft conversion will not only add habitable space to your home but also increase the value of the home by more than 20%. Depending on the type of loft conversion, the cost varies. Velux, being the simplest of all starts from a modest £20,000. The more you move towards a high-end featured loft conversion, the cost will rise automatically.
  • Cost of Garage Conversion: Similar to loft conversion, converting your garage into a liveable space will also add huge value to your property. The cost of garage conversion depends on the size and complexity of the area. Usually, the garage conversion starts from £9,000 and can go up to £20,500.

3. Average Cost of Labour Based on Trade

Home renovations involve a lot of tradespersons and specialists, each of which charges differently. Most of the tradesmen charge based on hours, or per day or job. The average cost of plumbers and electricians comes out to be around £320 per day. Whereas the average cost of other tradesmen such as roofers, plasterers, carpenters, tilers, painters, decorators etc is £220 per day. This cost will be multiplied by the number of days it takes to perform that activity.

4. Additional Cost of House Renovation

  • Planning Permissions and Other Surveys Costs: If your renovation works involve structural changes such as in extensions or loft conversions, you may need to hire surveyors and engineers to do the work. Also, in case your planned renovation does not fall under the permitted development, you may also need to pay fees to seek planning permissions.
  • Rent Cost: If you are planning a large-scale renovation, then it might not be possible to live in that home due to the mess and disruption created. So, you may additionally have to live in another house on rent.
  • Stamp Duty and Other Legal Cost: If you’re buying a home and want to get it renovated, there are many other additional house renovation cost involved such as solicitor cost, stamp duty and other legal cost.

Factors Affecting House Renovation Cost

The renovation cost of no two houses is the same. Several underlying factors need to be taken into consideration while working out a final budget for your house makeover. These are:

  1. Size of the Home: The cost of renovation of a 2-bedroom house will be less as compared with a 3-bedroom home or 4-bedroom home. The more the area, more will be the time taken to complete the project. This will raise the labour costs & material costs as well as house renovation cost.
  2. Age/Condition of the House: The older the home, it may require more structural improvements. While renovating you may come across surprises that you would have not thought such as dampness, rotting and more. Their repairs will certainly add up to your cost.
  3. Structural Changes Required: If the home renovation requires structural changes such as knocking down the walls to create an open-plan area, will certainly impact the planned budget. Also, you may need to consult a structural engineer to ensure that whatever you are adding new, the walls of the home are sufficient to bear the load and changes.
  4. Complexity of Renovation: Minor renovations or refurbishments can be completed in a single day without any disruption to your daily chores. But for complex works such as extension and loft conversions, expect the cost to be more than normal.
  5. Quality of Supplies/Materials: The cost also depends on the quality of materials, fittings and fixtures you choose for your home. Premium materials and high-end fixtures will make your home appear visually appealing and will last longer, but they come with a higher price tag. While budget-friendly materials will help you keep things cost-effective but may not provide longevity as offered by high-end products.
  6. Location of the home: The location of the home plays a critical role in deciding the costs. If the house is located in an urban area, expect higher prices. The reason is simple there are high labour costs and logistics challenges such as delivery and parking.

Checklist for Setting Budget and Cost for House Renovation 

Here is the checklist for the cost of renovating the home: 

  1. Plan Properly: It’s very important to plan properly and work on what features you want to add to them.
  2. Work on Budget and Contingency Plan: Work on your budget and keep a 10 – 12 % contingency budget to meet any extra costs.
  3. Get Professional advice: Speak to us, your local home renovation company and take professional advice on how to proceed and exact budget ideas.
  4. Planning Permissions: Enquire about the planning permissions and building regulations that may be applied to your project.
  5. Choose Professional Tradesman: Always go for professional tradesmen and specialists to do the work. TEL Constructions has in-house specialists that save you from subcontracting and additional run-around.
  6. Quotations: Prefer taking a couple of quotations for your renovation work. TEL Constructions offers you a no obligatory site visit as well as a free competitive quotation.

How Much Time Does It Take to Renovate a House?

The time taken to complete the home renovation depends on the complexity and size of the home. If the home requires superficial works such as painting, plastering, decorating etc that does not include any structural alterations, the renovation can be completed within a week. On the other hand, extensive renovations such as loft conversions, multi-storey extensions, etc may take 2-6 months’ time frame as they are complex and require structural work.

How to Keep House Renovation Costs Under Control?

Renovation turns your home extra-ordinary from ordinary. While it is exciting to see your home getting transformed, it is equally important to stay within budget throughout the journey. TEL Constructions, the leading home renovation contractor offers you some brilliant tips that help you stay within budget and keep the house renovation cost under control. 

  1. Extensive Planning of Your Home Renovation Project: Take time and plan your home renovation properly. Work on the features you want to add, your purpose of getting the house remodelled and areas which you want to get reformed. Also, research about materials, prices, quotes, and any other challenges. Plan out a 3D design to ensure there are no loopholes left as you get a clear and vivid picture of the work.
  2. Repair, Recycle and Reuse: If the existing element of the home is in perfect condition, prefer reusing it. Some items such as door handles. Fixtures, doors etc can easily be reused and can add a classic character to your renovated home.
  3. Contingency Fund: When it’s a large home makeover project, it is obvious that things will go past the budget. the reason could be any, whether you changed the materials due to availability reasons, some unexpected issues requiring additional funds etc.
  4. Be Clear about Budget and Expectations: Be honest and clear about your budget and expectations. Share the same with your contractor as well. This will help them to ensure you are getting what you expect and if things can be done within the budget or not.
  5. Explore Funding Options: Home renovation is one aspect that most people choose to finance through their savings. But, in case there aren’t sufficient savings, there are other options available such as loans and renovation mortgage. The renovation mortgage will provide you with funds equal to the value of the property post-renovation. Whatever method you choose, think twice about the affordability and the repayments of the mortgage.

Bottom Line

Home renovation comes along with a host of benefits such as improved living space and added value to the home. The average cost to renovate a home comes around £60,00 for a 2-bedroom house, £110,000 for a 3-bedroom house and £150,000 for a 4-bedroom home. It costs much less than moving to a new home. Have home renovation plans in mind? Speak to TEL Constructions today and get the best price match for your project. Call Today.

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