Old Ikea furniture could be worth up to £15,000 – how to spot if you’re sitting on thousands

how to, old ikea furniture could be worth up to £15,000 – how to spot if you’re sitting on thousands

YOU might not know that you're sitting on a small fortune if you own old Ikea furniture.

The Swedish retailer is famous for its bargain homeware – but certain furniture items have rocketed in value over the years.

how to, old ikea furniture could be worth up to £15,000 – how to spot if you’re sitting on thousands

You could flog your old Ikea furniture for thousands of pounds

Collectors can pay thousands of pounds for items in demand from armchairs to kitchen chairs.

Barnebys antiques website founder Pontus Silverstolpe said items from specific eras in time can go for eyewatering sums.

He told the Mirror: “It is especially designer furniture from the 1950s and 1980s from Ikea that costs more and more on the second-hand market.”

Those that go for more money are products that flopped in the shops and were discontinued.

That's because there's a small number of these items around, making them rarer and more attractive to collectors.

Here's the items that Mr Silverstolpe said can make you up to £15,500 richer.

It comes as Ikea has hiked prices of furniture by up to 50% in a blow to cash-strapped shoppers battling against a cost of living crisis.

The Swedish retailer confirmed that it has increased the cost of goods by 10% on average, but it has been reported that prices of some essential furniture have gone up by as much as 50%.

Bengt Ruda Cavelli armchair – £15,500

how to, old ikea furniture could be worth up to £15,000 – how to spot if you’re sitting on thousands

This chair is worth up to £15,500Credit: Bukowskis

This Bengt Ruda Cavelli armchair retailed at £20 back in 1959.

But it sold for a whopping £15,500 when it was sold via auction recently.

It set the record for the most expensive piece of Ikea furniture ever.

Just five of these chairs were made – which has made it desirable to collectors.

Åke armchair – £2,863

how to, old ikea furniture could be worth up to £15,000 – how to spot if you’re sitting on thousands

An unusual chair like this could go for thousandsCredit: Wright

This unusual fluffy white armchair was made by Ikea's furniture group Åke, which made furniture between 1952 and 1956.

It sold for £8 in the shops at the time. But 50 years later, one of the chairs was sold for £2,863 in an auction.

Monaco chair – £412

how to, old ikea furniture could be worth up to £15,000 – how to spot if you’re sitting on thousands

These teal chairs are worth £412Credit: Auktionsverket Norrköping AB

Teak was all the range in the 1960s, which is when these “Monaco” set of chairs were brought out by Ikea.

They cost £20 for a set of four – now it will go for £412.

Oti armchairs – £875

how to, old ikea furniture could be worth up to £15,000 – how to spot if you’re sitting on thousands

It might look uncomfortable, but this chair is worth a small fortuneCredit: Bukowskis

It may not look the comfiest of seats, but this Oti metal armchair went for nearly £900 at auction when a pair was sold recently.

A pair of these rare chairs would have cost £46 to buy in the 1980s.

Now, a pair of the chairs was sold for £875 in 2016.

Heinz said that it is raising prices of products including ketchup and baked beans.

While the cost of train tickets, groceries and going out could be up to hundreds of pounds more for consumers as inflation bites families' finances.

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