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How accurate are Zoopla estimates?

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  • Mine valued at £265k, I've recently rejected an offer of £332k.
    Original 35 year mortgage: January 2016, £306,000
    January 2022 : £198,000 (£30k saving pot split equally between cash and alternative investments)

    January 2022: 2x £3k child ISA.
  • I'm pretty sure they try to go by sold prices, but it's not very accurate if not many houses have sold. Ours was showing at £153,000 for ages. We paid £165,000. Next door sold for 170,000 not long ago, and I've just looked and ours has now jumped to £170,000 too. Weirdly next door says £167,000, even though it sold for 170k, and next door but one says £164,000. They're all exactly the same house! None of the others have estimates because they haven't sold in so long.
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