Internet house valuations sites are not good!

vet8

Having received the e-mail from Martin today about checking the value of your house on these internet valuation sites, I gave it a whirl.

We have a house with land and at first I just checked on the value of the house and garden, excluding the land. Zoopla said £395,000 which I reckon is about right for around here.

The second site (whose name escapes me, sorry) said £790,000!!! :eek: That would be great if it were true, but basically is way out. Since I input the same info. on both sites I cannot see why they are so different.

I then tried Zoopla with the same house info. but added in the 7 acres of land, stables and outbuildings and their estimate now was £393,000 - 2 thousand pounds less than their first one.

EH! These sites do not seem to know what they are talking about.

kissingthepink

Yes, I concur, they are way out on the properties that I have checked on. Either way over, or way below. I wouild not pay any attention to their valuations. They are clearly terribly inaccurate.

bride_on_a_budget

Hi,

we did the same, zoopla came in at £215K but i did try a few others and they were all over the top , i think they were £280, £250 and £270.

we also had 5 local Ea do valuations and 3 came in at £215 and the other 2 were £180 and £185.

we put ours on at £210

FraudBuster

This is the same property!

Property-Bee:

History

dateevent25 July 2008

• Price changed: from '£189,950' to '£179,950'

20 July 2008

• Status changed: from 'Sold STC' to 'Available'

03 July 2008

• Status changed: from 'Available' to 'Sold STC'

22 May 2008

• Status changed: from 'Sold STC' to 'Available'

03 March 2008

• Initial entry found.
• Status changed: from 'Sold STC' to 'Available'
• Status changed: from 'Available' to 'Sold STC'

Zoopla:


Flat, Leasehold, 2 Beds, 2 Baths, 1 Receps -
Last sale: £199,999 Sale date: 18th Dec 2003

Zoopla! Estimate
£249,910