In reply to a post by dect:

May be its just me then as there is no way I would stay on ADSL or FTTC if full fibre was available, even if I was "planning" on moving in the next year or so.

ADSL maybe not, but many people would not notice the difference if they have a good FTTC connection. I have said this before and I will say it again, this you need faster broadband malarkey is a sales pitch, to get people to spend more and also the government looks at it as a vote booster. Not saying everyone will find no difference, but you either have had awful broadband or be really pushing it.

Nothing wrong with having it if that is what people want, but if I was thinking of moving I would certainly think twice before going for a 24-month contract

In reply to a post by jchamier:

No poles in the streets around here, all underground. Poles in the older street 2 over, but much older housing.

I live in a very old estate, come to think of it, most of Hereford is very old
The bloke who was here yesterday was working on the pole across the road, so my neighbour told me, not the one by me, he just parked the van up by me

In reply to a post by Rhynchelma:

I read, a while ago, that having a FTTP connection added to the value of a house. I would assume that it's still a positive factor in many people's choices.

That is bull so you are saying my other half house have had value on it because it has Fibre? Even if she did not get fibre, the fibre was still available there. The same here.
Zzoomm says that in their letters, which another one have come through my door today, That is the 5th I think in two months.
It says, £3,500 average jump in home value with a full fibre connection. This is not my own place, it is rented, but say it is my own house and I had Zzoomm fibre installed, what is to say that the buyer want Zzoomm and decide to have openreach fibre instead?

5x more reliable it also says, not from what I have seen on their Facebook page, also the same about their claim they have excellent customer service.

At the bottom in small text it says £3,500 average home increase, gov.uk, so i presume it comes from some government bull

It's not having FTTP installed that will increase a properties value.
It is simply having it available that will increase the value.

If there were 2 identical properties for sale I would certainly pay a few £k more for 1 with access to full fibre.

When buying a new home and moving (or even a renter moving), an hour's appointment with Openreach (or an Alt-Net) to have FTTP installed is not a big deal.

You may think it's "bull" but without a shadow of a doubt a large proportion of the population will take broadband availability in to account when picking a new home to buy.
How much value is added by that is an unknown but it definitely adds value.

Edit: the £3.5k claim comes from a review published by the Department for Digital, Culture, Media and Sport. The review, which observed actual house prices between 2012 to 2019 found an “increase in house prices (of between £1,700 and £3,500).

I wouldn't say that figure is far off.

Edited by j0hn83 (Wed 08-Feb-23 19:08:21)

That is bull

No I disagree … just in the process of getting an EV charging point fitted … and this will reportedly add value to our property too.

Folk want desirable features when choosing a property, and will pay more to get them.

We were looking to move last year, and availability of decent broadband , preferably FTTP, was very high on our list.

I suspect your view is atypical

In reply to a post by zyborg47:

That is bull

Not the case, my flat was valued higher than those about 6 miles away that have no Virgin Media in the road (and FTTC is about 20 Mbps). Compared to mine with Virgin in the street and around 40 Mbps FTTC.

In times gone by higher speed ADSL attracted a premium, those whom could get 15+ Mbps could get a few thousand on a house price.

Talk to some estate agents 😂

With more and more people working from home an FTTP connection has become an important factor when moving and I can see how it would add a few quid to the price of a prospective new home.

In reply to a post by Zarjaz:

No I disagree … just in the process of getting an EV charging point fitted … and this will reportedly add value to our property too.

Folk want desirable features when choosing a property, and will pay more to get them.

We were looking to move last year, and availability of decent broadband , preferably FTTP, was very high on our list.

I suspect your view is atypical

And you have every right to disagree, you say a EV charging point will add value to your property, but will it really? The majority of people still have cars that use fossil fuels, sure in a few years time more people will go for electric, but the price needs to decrease, but then it depends on what price scale your house is.

If i was moving house, buying or renting I would want a decent broadband connection, I could not go back to ADSL and I would certainly need something to at least equal what i have got. But if I liked the house and where it is, I would not say no thank you just because it doesn't have fibre. Other half got her house before fibre was connected because she loved the house and where it was, broadband was around 4Mb/s if she was lucky, but she coped. As soon as fibre was offered, she jumped at the chance and got roped into 1Gb/s and now she realise she don't need that speed,

In reply to a post by Zarjaz:

just in the process of getting an EV charging point fitted …

good move, one of the downsides of living in a flat. However I wonder how multi-car homes will charge 2/3 or 4 cars overnight from one socket… for those that do the 80+ miles/day commute…

In reply to a post by j0hn83:

It's not having FTTP installed that will increase a properties value.
It is simply having it available that will increase the value.

If there were 2 identical properties for sale I would certainly pay a few £k more for 1 with access to full fibre.

When buying a new home and moving (or even a renter moving), an hour's appointment with Openreach (or an Alt-Net) to have FTTP installed is not a big deal.

You may think it's "bull" but without a shadow of a doubt a large proportion of the population will take broadband availability in to account when picking a new home to buy.
How much value is added by that is an unknown but it definitely adds value.

Edit: the £3.5k claim comes from a review published by the Department for Digital, Culture, Media and Sport. The review, which observed actual house prices between 2012 to 2019 found an “increase in house prices (of between £1,700 and £3,500).

I wouldn't say that figure is far off.

Now you are talking sense, kind of, I can understand that people may pay more if Fibre is available in the area. so according to the government, my next door neighbour can now get another 3 grand if she sells her house as she has fibre connected,

Having two fibre providers around here should add even more to the price then.

I want to see more reliability on FTTP before I even think of changing, so far I have seen or heard is people having problems, be it installation or problems with the service. Sometimes it is the case of if it works, don't touch