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ex authority
clare2611
Posts: 3 Newbie
Our property is ex authority, is this going to lower the current value of our property? I looked at a site for property values and ours is no where near that of our neighbours?
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Comments
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Why not get an estate agent to value it?"If you think it's expensive to hire a professional to do the job, wait until you hire an amateur." -- Red Adair0
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Are your neighbours also ex local auth? I can't imagine you're the only council house in your street....
What site did you look at for 'values'?
I would look at actual SOLD prices in the street and surrounding streets, and also consider getting the local agents to value it.0 -
Depends.
If it's ex-authority and there are still lots of council/association properties around then it might be worth less.
If it's built in a typical ugly style like many council/association properties, it might be worth less.
If it's leasehold, and the council/association still retain the freehold, it might be worth less.
There is nothing specifically bad about the council once having owned it, but there often factors associated with council ownership that have an impact.
I wouldn't trust a website to value your property. It's about as accurate as me deducing you are a chelsea FC fan if you live in chelsea.0 -
Do you not remember from when you bought it?0
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Just had an offer on a council house accepted, not sure where else I'd get a 3 bed house with a decent sized garden for £62k. I'm sure some estates can be no go areas, but others are full of decent hard working people and the elderly
R0
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