Exactly what is the point to Zoopla other than entertainment and voyeurism?

SarahJanie

:beer:

googler wrote: »

Zoopla, like all the other property prices websites, gets its 'Sold' prices with a feed from Land Registry or Registers of Scotland.

It provides estimates which seem to be modified by the data that people enter about the houses - number of bedrooms, floor area, garden size, style of house or flat, etc....

Whilst you may be able to manipulate the Zoopla estimate with any amount of falsely entered data, you can't change the prices that are shown on Zoopla's "Sold Prices" tab - and these are the ones that matter, surely?

I've always ignored the estimates, as I thought not enough people would have completed data to make them accurate...... but it seems they can't be relied on as a result of folks trying to cheat the estimate.

The values that matter are (mostly):
What similar houses have sold for recently in the street or area
The current asking prices for other similar houses in competition to yours
The value the surveyor puts in the home report.
The asking price
What buyer prospects can afford to pay

If you don't like Zoopla, don't use it - there's no evidence that it has majority or widespread use throughout the country, and I'll wager a large proportion of housebuyers have never heard of it.

Thanks Googler, I guess we are worrying over nothing. Zoopla is good fun I suppose for the novice estate agent or Joe Blogs down the road, we will stay away from it and trust good old Rightmove and the Land Registry.

Cheers all! :T