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House Prices
anon_private
Posts: 171 Forumite
Hi,
When I see the price of a house on a website is there a recommended method of checking how much the house is worth?
When I see the price of a house on a website is there a recommended method of checking how much the house is worth?
0
Comments
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It is worth what someone is prepared to pay for it.0
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No single way:
Consider the asking prices of similar
Consider the sold prices of similar
Consider the condition/size compared to similar priced
Whats it worth to you
Take a guess on what impact the economy will have in the short/medium term
lots more, as its not an exact science0 -
I recommend getting someone who knows what they're doing to have a look at it and tell you.0
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Have a look on the zoopla estimate...this isn't always accurate if there have not been many recent sales in that area and of the same type of property, but generally it is a good guide
In addition look what similar priced places are listing for and actually going for..if something is on the market for a long time or being reduced a lot , it signals prices are on the way down as we are seeing with Brexit.0 -
Get the postcode of the house and check out what else has sold in that area using ourproperty.co.uk0
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You know I think a business was built round that exact thing.anon_private wrote: »Hi,
When I see the price of a house on a website is there a recommended method of checking how much the house is worth?0 -
Recent comparable sold prices can be found on Rightmove, Land Registry, houseprices.io and numerous other sites.0
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