EVs driving up the prices of UK homes

Electric vehicles (EVs) are becoming increasingly popular in the UK, and with good reason. Not only are they better for the environment, but they also have a positive impact on house prices.

One of the main reasons for this is that EVs are much quieter than traditional petrol or diesel cars. This means that houses located near busy roads and highways will experience less noise pollution, making them more desirable to potential buyers. According to a recent study by the UK-based property website Zoopla, houses located within 500 meters of a main road can be up to 10% cheaper than similar properties located further away. However, as EVs become more widespread and noise pollution decreases, these properties are likely to increase in value.

Another benefit of EVs is that they produce less pollution than traditional cars. This is because they do not emit harmful exhaust fumes, which can be harmful to both human health and the environment. As a result, areas with high levels of air pollution may become more desirable as the number of EVs on the roads increases. This could lead to an increase in demand for houses in these areas, which would drive up prices.

In addition, the UK government has announced plans to ban the sale of new petrol and diesel cars by 2030. This means that the demand for EVs is only going to increase in the coming years. As a result, the value of properties located near EV charging points is likely to increase, as more people will need to charge their cars regularly.

Overall, it is clear that EVs are having a positive impact on house prices in the UK. As noise and air pollution decrease, properties located near busy roads and highways are likely to increase in value. In addition, areas with high levels of air pollution may become more desirable, driving up the costs of roadside living