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jenny2009

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mrstinchcombe

Too many variables you haven't stated.

Including where the hell in Scotland is it???

blackshirtuk

as much as someone is willing to pay?!!

Colincbayley

www.zoopla.co.uk

Take the price they give with a bucket of salt.

Eric1

http://www.nationwide.co.uk/hpi/calculator.asp?calculate=true
A property located in Scotland which was valued at £62,500 in Q4 of 1991, would be worth approximately £181308 in Q2 of 2010. This is equivalent to a change of 190.09%.


but recent sales nearby will give you a much better estimate

AndyGuil

Find out how much the last 3 bedroom semi sold for on your street. There are a number of websites which will provide this information for free.

googler

As the computers tend to say in Sci Fi stories;

"INSUFFICIENT DATA. CANNOT COMPUTE"

Is it in the Central Belt, Highlands & Islands, or somewhere else?
Is it in a city, town, village? If so, which one?
What have recent houses of the same style and in the same area actually sold for? Zoopla will tell you this - look at Sold Prices, not estimates.

mark5

Where I am in South Wales a property worth about 65k in 1991 would probably have a realistic selling price today around 150.

We havn't really seen the gains some parts of the country have seen though and prices have fallen back a bit since 2008.

googler

jenny2009 wrote: »

I don't really want to put my exact location on here but according to Zoopla it is worth £191,000. However there is a similar house up the road from me but the 3rd bedroom is a boxroom and the kitchen is joined onto the dining room and it is slightly smaller than my house and it has been on sale for £155,000 for nearly 2 years.

My house is also better maintained and my garden is also better.

I thought about £160,000 for mine but I am getting it valued on Tuesday.

Is .75% of the selling price OK for the estate agent?

If you put your street name or postcode into Zoopla and look at Sold Prices, not Zoopla's estimates, what does that tell you? The asking price for the one down the road would seem to suggest that £191,000 is unrealistic.

According to the OFT, 'average' EA fees in Scotland were around 1.1% a year or so ago, so 0.75% would appear to be below average. You should establish what you're getting for your money, though - does the term 'false economy' hold any meaning for you....?