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How do I figure out how much a house is worth??

This might me a stupid question, but how do I know how much a house is worth the price being asked??

Comments

  • Sale prices of similar property in the area.

    The price at the end of the day is what someone is willing to pay.

    If a particular house has something that others don't in the same area it's down to the buyer/lender's valuer to decide how much that extra feature is worth.

    And what the seller is prepared to let it go for.
  • Yawn
    Yawn Posts: 164 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    I found Zoopla indispensable. It tells you what the house was last sold for and has a stab at its current value.
  • LiveOnce
    LiveOnce Posts: 476 Forumite
    Look at the sold prices of similar properties in your road through Zoopla etc.

    If you have a friend who for a property seller company, might be worth asking them for tips too.
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