According to experts at Origin, poor color choices can cost homeowners up to £15,000 when they come up for sale.
This is due to homes with certain paint colors that are unattractive to buyers.
1. Yellow
The color experts said: “Research by aluminum door and window manufacturer Origin, a top-of-the-line powder coating center, found that British people consider yellow to be the cheapest-looking color when incorporated into a property.
“This is a concern for sellers as research shows that more than 10% of homes in the UK currently have a yellow color scheme.”
Although paint colors are all a matter of personal choice, if you are planning to sell and have a yellow home, it may be worth painting over.
2. Pink
According to professionals, the abundant use of the color pink in the home can “devalue the home”.
They said the study showed that shades of pink are considered the “stickiest” way to decorate a home.
While some pinks can look good at home, certain shades and too much can be a lot for buyers.
3. Neutrals
The professionals continued: “Perhaps playing with beige can also affect the price of the property, as the British find a neutral palette the most boring.
“This is closely followed by gray, and the once desirable color is quickly losing popularity among homeowners. In fact, Google searches for gray homes have dropped by more than two-thirds since 2021.
Instead, experts recommended choosing colors that are most likely to “add value” to the property.
This included white, which was voted the classiest and most expensive looking color, making it a great choice for those looking to sell their home.
The study showed that blue is considered the most elegant color in the home, especially with accents and soft furnishings.
It is also one of the most commonly used colors in British homes, with over a quarter of properties having a blue color scheme.
Ben Brocklesby, color specialist at Origin, said: “At Origin we have been researching color for over 20 years to develop our aluminum powder paint.
“As our homes tend to be our biggest financial asset, we were interested in finding out more about the latest color trends and how they are affecting property values across the UK.
“It’s fascinating to see the stereotypes attached to certain color palettes, especially shades like pinks and neutrals that are used in so many homes but seem to be falling out of favor.
“However, it’s encouraging to see that Brits are still open to using bold colors both inside and outside their properties, as our research shows that in 2024, blues and reds will be coveted by style-conscious homebuyers.”
