Debate House Prices


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How accurate is Zoopla?

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  • Trollfever
    Trollfever Posts: 2,051 Forumite
    except mine have been modernised.

    Follow Gordons orders and go and spend some money.

    ;):D
  • olly300
    olly300 Posts: 14,738 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Trollfever wrote: »
    Follow Gordons orders and go and spend some money.

    ;):D
    I'm taking my time. After all there is no rush.......
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • Walter_J
    Walter_J Posts: 206 Forumite
    I've just had look at Zoopla and identical houses in my road are valued from £48,000 up to £169,000!

    It is quite obviously total crap.
  • silvercar
    silvercar Posts: 49,511 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    2 main problems with zoopla.

    1. it is at least 3 months out of date.

    2. it takes no account of changes to a property.

    What it does do is reflect local price changes on previous sold prices.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • The house I just bought for 205 was valued at 236 on Zoopla. Even the house a few doors down went for 215 a few months ago - Zoopla's not very good
  • mramra wrote: »
    Anyone have experience of comparing Zoopla prices (www.zoopla.co.uk) with actual sale prices?

    I am planning to sell later this year to move up the ladder a little in order to provide more space for the family. Trying to get a handle on the value of our property. Zoopla values it at 10% more than we paid in April 2004 which contradicts most reports stating that prices are at 2004 levels.

    If anyone has any idea of the accuracy of Zoopla I'd be very grateful to hear about it.

    Thanks in advance, mramra


    Firstly, I have found Zoopla to be incorrect with their pricing.
    They are in a rough ballpark, but my experience is that they were slightly underestimating both the sales and rental markets for my area.

    More importantly, do not confuse UK average figures with your secific house in your specific area.
    The UK average is just that, an average and specific areas will be higher and lower than the average.
    My VI area is currently at 2007 prices and I'm sure there may be some areas that are pre 2004 prices
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • My VI area is still in denial with prices the same as summer 2007.

    Why do agents keep properties on their books for over a year with no price reductions?
    Living Sober.

    Some methods A.A. members have used for not drinking.

    "A simple book for complicated people"
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