How much could a disastrous New Years Eve party cost?

How much could a disastrous New Years Eve party cost?

The latest research by online estate agent eMoov.co.uk reveals the sizable bill that could amount to a minimum of £1,062 on top of your pre-planned party budget of £480, if things do not go as planned when hosting a New Year’s Eve gathering.

Before the champagne pops, there is a certain amount of planning involved for hosting the celebration of the year; most importantly, a budget. The obvious costs associated with a party of such grandeur include: an outfit (£100), drinks (£100), snacks (£50), decorations (£30) and a DJ to keep the mood going (£200). But what hosts do not realise when they invite people into their home are the additional expenses that can be incurred on top of this already hefty party cost.

On the flip side, below are the number of unwanted and unforeseen costs accumulated from a party can more than triple the initial budget. The simplest cost: breakage. This can range in price depending on the damage, but can build up an extensive bill and this is only the beginning. It is £175 to fix a broken lock, £175 to fix a broken banister and £114 to fix a single broken window. Any broken furniture or ornaments can increase the price drastically, subject to what is broken and if it needs to be replaced. Electronics will hike that bill up.

In the unfortunate situation that a new set of bedding is required, a basic replacement will cost £158. Hiring a plumber to unblock a toilet has a price tag of £80 and carpet cleaners start at £55. There is also a range when it comes to hiring landscaping professionals to fix damaged gardens, the bill will come to £105 for three hours.


A noise complaint from neighbours can lead to a ticket, which if it goes unanswered, could have a fine costing between £50-£5,000. The legal implications from there can spiral out of control. Finally, stolen goods are priceless. This cost can be both financial and emotional, and puts a damper on the whole evening and the new year.

The majority of these costs are paying for the tradesman’s time. The materials are inexpensive, but most of these jobs required a skilled worker and that costs money. In addition, a fine for noise, which starts at £50, could jump to a £5,000 fine or an Anti-Social Behaviour charge, if the noise persists after a warning. Although such extreme measures are only used in severe cases, it must be noted that both the fines and the charges are left to the discretion of the police.

When the clock strikes midnight and a fresh year begins, you do not want to be worrying about the extortionate cost that you could be paying off the entire year because of things going sour at your house party.

Russell Quirk, founder and CEO of eMoov.co.uk, had this to say: “Parties are great fun, and it is amazing to ring in the new year with a bunch of friends in one room. But when it comes to all the things that could go wrong, a party seems less appealing when there are plenty of venues to host such an event.

I hope that both hosts and partygoers are mindful when they go out this New Year’s Eve, and that damage costs are minimal.”

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Latest Comments

MBM Homelets
MBM Homelets 23 Mar 2017

Although this is a very positive step, there is little or no guarantee of the standard of workmanship employed by the tenants. We have had experience of a professionally decorated property being ' painted'...

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ajay
ajay 21 Mar 2017

How is the "robust evidence" looking now?

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NathanG
NathanG 20 Mar 2017

I've been watching the series so far and am completely baffled by the cases that were presented. Though, I don't think that we can protect ourselves from every scam possible - it will just make the scammers...

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Landlady14
Landlady14 01 Mar 2017

You would think so Niraj Shah! My experience only proves that there are varying qualitiers of professional in all aspects of property letting. None of the ones I have dealt with, from letting agents to...

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Mark
Mark 01 Mar 2017

Thanks for this article. Hopefully one day everybody's lifestyle will be eco-sustainable.

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Ben Taylor
Ben Taylor 28 Feb 2017

I was convinced that London was the most expensive!

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Alan Read
Alan Read 28 Feb 2017

Australia are leading the way in this I think. The trouble with Britain is we don't get enough sun to make use of solar power.

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James Powell
James Powell 27 Feb 2017

This is a very good news.

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DanHumphreys
DanHumphreys 27 Feb 2017

It sounds like a good idea. Anything to help the younger generation get a foothold.

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Matt
Matt 20 Feb 2017

Is this fake news?

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Matthew Hollywood
Matthew Hollywood 07 Feb 2017

Matthew Hollywood - Director Mishon Mackay Land & New Homes - Brighton The shortage of New Homes is in part effected by the lack of land sales. Land sales are held back because there is a disparity between...

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CommercialTrust
CommercialTrust 30 Jan 2017

Hi Graham, Would be interesting to see the above figure calculated against an investment via a Lt Company /SPV structure and if the investor found themselves pushed in to the higher tax bracket. Mortgage...

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