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Valuing your Property
The value of your property/home is the price a buyer or a tenant is prepared
to pay. Search the local area for similar properties and value
accordingly. That is all the Estate Agents do.
Land Registry Records
The Land Registry now provides information on the price paid for
properties in your area. Check out the following websites who have
access to official Land Registry Records
www.thisishouseprices.co.uk
www.hometrack.co.uk
Online Valuation
E-valuations provide online valuations without visiting the property.
They take into account local information, Land Registry records as
well as information provided by yourself. Hometrack also provide online valuation
www.e-valuations.co.uk www.hometrack.co.uk
Research the local area.
Request the local estate agents for details of similar properties.
Many people invite 2-3 local estate agents to provide a valuation
before deciding to sell. Remember many estate agents overvalue
the properties to get instruction and then request a reduction later
Check out the local papers for similar properties
Internet
Search the internet for similar properties in your area. Search our
partner websites as well as top search engines.
Important
Decide on what is the minimum offer you will accept. Do not be
tempted to price too high just to test the water. You won’t get
any enquiries and could lose buyers. Some people ask for their
minimum price while others ask for a slightly higher figure to
allow for some negotiation |