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Free house valuation tools guide

MSE_Jenny
Posts: 1,317 MSE Staff


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Comments
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Take extreme care with the valuations given by your online websites. I am one of three bidders on a repossessed property, I wanted to know what price it went for- Land Registry has refused to publish the price it went for, stating that it was not a "market price" Excuse me, if three people bid for it then that was a market price.I know that prices shown on the web are deliberately manipulated and -as usual, buyer beware when even the Land Registry is fiddling the figures. I'll publish the e-mail if you want to see it.0
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Does the title of the article and forum thread imply that estate agents now charge for a valuation, even for a private dwelling?
Just asking - there was no charge or obligation on our last valuation, but that was twenty years ago!0 -
Might be worth adding this new valuation tool from findaproperty into the article too:
http://www.findaproperty.com/house-valuation0 -
Hi,
Not sure if this right place to post this but a tool I have been using for couple months is Property Wizza. Its free!!
(This site wouldnt let me post link so you`ll have to search for it I`m sorry.)
I`m not very technological I`m sorry but I used it from the website but think you can use Chrome too? (Sorry dont know what that means!)
I found it helpful as you type in the postcode and it links you to all the various separate tools automatically. I have actually found a house now but think have developed a slight obsession with house hunting as cant stop looking at houses!
Hope this helps soneone and good luck looking!0 -
"[FONT="]MoneySavers report Zoopla as worth looking at for a (very wide) ballpark, but has a tendency to under value properties, as it's based on last sale prices and doesn't take into account renovations.[/FONT]" From our experience this is VERY true.
We were very shocked when the supposedly best agent in our area gave a possible asking price for our place £200 k below the next lowest and £400 k below the highest ... and then we found his figure was very close to Zoopla.
But in our wee road of seven houses, Zoopla put us the lowest of the detached properties by far - and ours is the only one not sold for 45 years AND the one with the most upgrades.
So how does one appeal against a Zoopla valuation if even a reputable agent seems to place great store on its figures?0 -
If one agent is out of step with all the others, you have to make a judgement call on whether or not the majority rules.
A 'valuation' on Zoopla has no legal status, and in my view, no-one whose opinion matters will pay it any heed.
From the tone of your post, it sounds as though you're in Scotland. You'll need a Home Report to place your house on the market, and a surveyor will carry out the HR, and put a valuation therein. He may give some weight to your EA's valuation, but essentially he'll value it with regard to the recommended methods laid out by the RICS - which don't include checking Zoopla's estimates. The HR will be provided to your buyer's lender, and as long as your surveyor is on their panel, they should accept that valuation as the basis of what to lend to their client, your buyer. Even if they do call for another valuation, the surveyor will again be working to RICS guidelines.
If you really want to get Zoopla to update their estimate for your house, there's 'Contact Us' links plastered all over their site. Use one of those. Look at the Help or FAQs on Zoopla. I can't see how you would think that there's anyone you could appeal to apart from them....0 -
EricDeeson wrote: »"[FONT="]MoneySavers report Zoopla as worth looking at for a (very wide) ballpark, but has a tendency to under value properties, as it's based on last sale prices and doesn't take into account renovations.[/FONT]" From our experience this is VERY true.
We were very shocked when the supposedly best agent in our area gave a possible asking price for our place £200 k below the next lowest and £400 k below the highest ... and then we found his figure was very close to Zoopla.
But in our wee road of seven houses, Zoopla put us the lowest of the detached properties by far - and ours is the only one not sold for 45 years AND the one with the most upgrades.
So how does one appeal against a Zoopla valuation if even a reputable agent seems to place great store on its figures?
It's no just undervaluing zoopla often massively overvalues too! We viewed a house on for £165,000 zoopla had it for £205,000!! It then got reduced to £145,000 and eventually the owners gave up and took it off the market.0
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