house value 16 September 2004 at 4:51PM in House Buying, Renting & Selling 6 replies 2.3K views

suzy-wong_5

where would one get a true value for their house. Estate agents tend to give different valuations.

Woby_Tide

take an average of what they are saying. One of the property programs on TV was sort of talking about this last night, value is pretty much what someone is prepared to pay for it, estate agents will generally be adding a bit over to try and get your business whereas the land registry will be more accurate but out of date as it's historical like the other housing surveys, likewise with rightmove and other internet sites which seem to have a lot of older properties still hanging around

terrierlady

its worth what someone will pay for it,no more no less. estate agents work on square footage, presentation etc and location, everyone thinks their property is the best in the road,street etc and worth more than anyone else.
look what others are selling for, get a few valuations at least 3 and then test the market, people will not be slow putting a value on it and you should get offers pretty quickly if its around the right ball park figure.

Robert_Sterling_3

The same house can have a different value to different purchasers.
e.g. My daughter sold her house to a lady who had been born in that road and wished to move back into it to be near her aged parents. She offered the asking price. It was worth more to her than an identical house would be half a mile away.

albalad

Hi there suzy-wong

You could try these web-sites to give you an idea of what similar houses in your street/neighbourhood are selling for

https://www.myhouseprice.com/

https://www.ros.gov.uk/citizen/shp.html

both of these sites charge a couple of pounds per search but are both recent and relevant to your area.
But as i am sure you will be aware these are selling prices instead of valuations. Very good for research purposes though !

Rafter

Have a look at the property section of https://www.upmystreet.com too.

That gives average selling price of various property types in your area in the last 3 months from government prices.

You will need to adjust the figures if your house isn't typical though (for example a large flat or a small detatched)

As said here, your house is worth what someone is prepared to pay and estate agents tend to know the local market.

You could pay a surveyor for a more objective report or you could even put your house on the market and see if you get any offers.

Nethouseprices

Hi there suzy-wong

both of these sites charge a couple of pounds per search but are both recent and relevant to your area.
But as i am sure you will be aware these are selling prices instead of valuations. Very good for research purposes though !

Both the above sites, like the one I operate, are solely for Scottish house prices hopefully Nethouseprices will be able to offer a similar service for England in the near future.

The site I operate
http://www.nethouseprices.com has free access to all Scotland's house prices until the beginning of next year when a subscription will be payable for the very latest results.

Regards

Steve