Home /
News /
How much could you make from your unwanted items?
How much could you make from your unwanted items?
25 June 2012 17:20:42
Brits are sitting on hundreds of pounds worth of junk.
If you're trying to find some extra cash, why not take a close look at your own possessions? New research suggests that the average home is harbouring more than £1,000 worth of unwanted items. So next time you have a spare few hours, it might be worth going through your belongings and seeing if you can make some money out of them.
Average home contains £1,045 of unwanted goods The average household contains £1,045 worth of junk, according to the latest research from online auction site eBay. Researchers discovered that people typically have around 28 unwanted items, ranging from unused mobile phone handsets and laptops to discarded handbags.
Londoners seem to be the most prone to hoarding unwanted possessions, with the average home in the capital thought to be housing £2,030 worth of unused items. It's a different picture in the north-west of England, where unused possessions are worth just £670 on average. But that could still pay for a holiday, reduce your credit card bill or cover your gas and electric payments for several months.
Items have surprisingly high re-sell value You might think that your unused possessions are unlikely to be worth more than a few pounds, but one man's junk could well be another man's treasure. And the money will soon add up if you start trying to sell your unwanted items. Laura Wilkinson, a spokeswoman for eBay, told the Daily Mail: "You may no longer use something, but it might well be worth something in re-sell value. For example, satnavs sell for an average of £73, games consoles for £58 and bicycles for £122."
You don't have to be a computer whiz to make some money out of your unwanted items. If you're a little wary of the online marketplace, you can still profit from clearing out your house by loading all of your unused possessions into your car and popping along to your local car boot sale. You might be surprised by how much money you can get for your junk!
Warning - credit card scam exposed Online financial scams keep increasing every year in the UK market - learn more about the latest phishing scam and how to protect yourself from fraudsters.
No fee and low fee cards New Cashback and Rewards credit cards from Sainsbury's with extremely low rates.
Warning - credit card scam exposed Online financial scams keep increasing every year in the UK market - learn more about the latest phishing scam and how to protect yourself from fraudsters.
No fee and low fee cards New Cashback and Rewards credit cards from Sainsbury's with extremely low rates.
Product Offers
Please ensure that you fully read the terms & conditions of any product or policy before you decide to proceed and are fully aware of the total costs and the benefits and any exclusions or limitations applicable to the product or plan.
Please note that the product links will take you direct to the Issuer or Insurer's site direct and we cannot be held responsible for the information which they provide within their own sites. On some comparison tables we use a star rating which rates products by visitor popularity.