How many unused gadgets and electrical devices do you have lying around the house, gathering dust? 

Have you ever thought about how much they might be worth? 

According to research by Aviva, the average British home contains around £1,414 worth of redundant bits of tech. Across the country, that adds up to a massive £37bn worth of gadgets sitting in drawers, under beds or in the loft.

The most common dust-gatherers, according to Aviva’s study of 2,000 British consumers, include old mobile phones, CD and DVD players, hair straighteners and power tools.

Each time we get a new piece of ‘tech’, the value of our possessions increases, so it’s important we have adequate home contents insurance in place

Stephen Pond, managing director of prevention and services, Aviva
An atom of type quote lives here

Unused food blenders, washing machines, fridges and lawnmowers also take up valuable space in homes around the UK. 

The research found that just over one in four respondents (27%) had a more cavalier approach to unwanted appliances and had either sold or re-gifted items they had received as presents. 

Nearly a third (29%) had sold or re-gifted a mobile phone they’d received as a gift. Hair straighteners (27%), games consoles (27%), toasters (26%) and smoothie makers (24%) are also popular items to re-gift.

Stephen Pond, managing director of prevention and services at Aviva, said: “Digital innovations mean we’re changing the way we do certain things, such as listening to music or watching TV. 

29% of people have sold or re-gifted a mobile phone after receiving it as a gift. Image by Peter Kotoff/Shutterstock.com

“This often means we don’t use particular devices any more, so we put them to one side and replace them with different models.” 

Aviva’s research was commissioned to support the MyAviva app, which allows customers to manage their insurance policies and get access to exclusive offers and rewards.

It is available to download on iPhone, iPad and Android devices. 

“Each time we get a new piece of ‘tech’, the value of our possessions increases, so it’s important we have adequate home contents insurance in place, both in and away from the home,” said Mr Pond. 

“Many of us also admit to getting tempted by the latest ‘must have’ items. As well as the latest mobiles, people are increasingly interested in using technology to protect their homes, for example connected smart home security devices.

“It seems we’re a nation of gadget lovers, so it’s great that technology is now helping to protect what’s important to us.”