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November 9, 2009

Broadband speeds could make or break a house sale

Broadband speeds can affect the saleability of a house according to the results of a recent survey.

A survey by broadband comparison site ispreview.co.uk has found that 75% would not buy a house if the best broadband speed it could achieve was just 1MB.

The results of the survey also found that 51% would be willing to pay more for a house that had a faster broadband connection.

The most popular minimum broadband speed required for a broadband connection is 4Mb with 61.7% requiring this to be the minimum.

Where fixed line broadband is not available then the most popular alternative would be a fixed Wireless connection with over half (52.5%) giving this as their option, 28.4% said that mobile broadband would be their choice and 19% chose satellite broadband.

These results, although only answered by 721 respondents does go to show that broadband is a highly important part in many peoples lives and it is only going to continue to get more important. We would easily hazard a guess that in a few years form now that if this study is done again then we will be seeing that the minimum broadband speed required will be way above the 4Mb that it currently is now!

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1 Comment »

  1. [...] We could also find that house prices in areas that are in the fibre broadband enabled areas increase or the houses are more sought after, which also ties in with the story we published the other day about how “Broadband speeds could make or break a house sale“. [...]

    Pingback by BT’s Fibre Broadband coverage won’t meet demand — November 13, 2009 @ 11:58 am

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