Rightmove launches new Renovation Calculator

September 16, 2024
Rightmove logo

Rightmove has launched a unique new tool to help people explore the added value that existing, or planned renovation works might have on a property.

The new Renovation Calculator is an enhancement to Rightmove’s Instant Online Valuation tool. Once people receive an instant online valuation of a property’s price, they now have the option to add in completed or planned renovation works to that property and see the potential impact on its value.

By combining market leading property data with local renovation uplift data, Rightmove is offering people more in-depth instant valuations, by estimating how much value renovation works may add to a home.

Rightmove’s Instant Online Valuation tool aims to provide existing or future home-movers with an instant estimate of a home’s value, ahead of a more comprehensive agent valuation. It lets people track the home’s value over time and provides regular insights to help them to decide when the right time to move may be.

The development of the Renovation Calculator was carried out following consistent feedback that people wanted to be able to see the potential impact of improvements they had made to a home or planned to make in the future.

People can see the potential value-add of major renovation works that increase the size of the property, such as loft conversions, single-story extensions and many other options available to choose from.

The new tool is available for home-movers to use now after requesting an instant valuation for a home.

James Bassil, Rightmove’s Director of Product said: “One of the most common questions we received from people using our instant valuation tool, is that they wanted to factor in significant renovation works they had done since buying the home, or that they planned to make in the future. We’re really pleased to utilise our market leading property data to bring people this innovative functionality. We’re clear with home-movers that this is an initial estimate, and agents seeing the property for themselves will be in the best position to consider any additional value added by renovation works. We’ll be continuing to educate home-movers that agents are the experts and in the best position to carry out a comprehensive valuation.”

Rightmove

UK Property news updates shared directly from Rightmove PLC - the country's leading property portal.

You May Also Enjoy

for sale sign london
Breaking News

More sellers looking to enter the property market

The latest research from eXp UK has revealed that an increasing number of home sellers are entering the UK market, as demonstrated by recent growth in online search interest for terms such as ‘estate agent’ and ‘best estate agent’. Previous research from eXp UK recently found that sellers started reentering the market in the opening…
Read More →
Estate Agent Talk

Non-standard home insurance cover and how to get it right

Leading insurer provides the low-down on non-standard home insurance cover and how to get it right Most home insurance policies in the UK are designed for ‘standard’ homes, but not every home is considered standard. Whether the property is built with timber frames, has a flat roof or is a listed building, it may fall…
Read More →
Breaking News

Should you change mortgage lender?

The latest research from award-winning mortgage adviser, Alexander Hall, has revealed that more than half of homeowners approaching the end of a fixed-rate mortgage are currently undecided on their future with their mortgage lender, despite notable improvements across the mortgage market over the last 12 months. The consumer insight, commissioned by Alexander Hall, surveyed 1,035…
Read More →
Breaking News

Property chains cost movers £2,000 in unexpected costs

Property ‘chain reactions’ add over £2k to moving costs on average Nearly half of home buyers who have been in property chains say they experienced delays or transaction breakdown because of related issues Problems with chains have led three in 10 to put off future moves, while one in seven say they’d only consider a…
Read More →
Breaking News

Rental demand remains resilient in 2026

The latest research from Benham and Reeves has found that around a quarter of all rental homes currently listed across Britain have already secured a tenant, highlighting continued underlying demand despite ongoing regulatory uncertainty. Benham and Reeves analysed current rental market listings to highlight current rental demand, the size of rental properties currently most in-demand…
Read More →
Breaking News

Buy-to-let lending growth matches FTBs and homemovers

The latest market analysis from Alexander Hall has revealed that buy-to-let mortgage lending has grown at an average quarterly rate of 7% over the last year, matching the pace of growth seen across both first-time buyer and home movers, as improving mortgage market conditions continue to support borrowing demand for rental properties. Alexander Hall analysed…
Read More →