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Hi all. I have been regularly checking my house value on mentioned sites and noticed some discrepancies just now. We bought our house 4 years ago for 200k and few month ago it was estimated nearly 250k. Following latest check the value dropped by 15k and I wondered why so started checking recent sales in the area and didn't see anything unusual apart from one thing. Our next door neighbour bought their house one year after us and paid the same price as us. And here is the twist. Current zoopla/rightmove records are showing that their house was sold 2 months ago for 135k.
But 1. It couldn't have been sold as they still live there as normal.
2. this sale price is unrealistic as all houses in the area are within 200k + range.
Anyone has any idea what possibly is going on, is it something dodgy? Or is it possible that there is data error on zoopla/rightmove stating that their house was sold way below market value?
I don't fancy go asking neighbours as dont want them to think we're being nosy.
Appreciate all suggestions.
Originally posted by fishglobe
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Put your house on the market and see what offers you get, you can always take it off later, that should put your mind at rest, a real world valuation sort of thing.