It is actually fairly straight forward to estimate the value of your home, especially if it is located in a built up area. Believe it or not most of the tools available to estate agents and surveyors are also available to the general public.
Estate Agents rely on comparable information to gauge what a buyer may pay for your property. If they are good they will know what similar properties in your area area were marketed for and prices they achieved.
In previous times you would have had to scour estate agency windows and local newspaper adverts to get a feel for the housing market in your area. But in the age of the internet everything that you need is available online.
You can get an instant "online" valuation with most of the popular online property web sites. This is usually done simply by typing in your postcode and you will see a rough estimate of prices in your road. You can then select your actual address, and it will provide a price estimate based upon the previous sale price and an index of house price fluctuations in the area. Be careful, these sites are not always accurate and will give you a confidence level of how accurate they feel the estimate is.
If you are registered with an online estate agent, they will usually compile a report of all of these statistics and be able to provide an expert opinion on how to use the data for a property valuation.
The above article was written by Richard Tuck from the Online Estate Agent Turtle Homes.
We are an ONLINE estate agent and we don't have expensive overheads such as high street rents and rates. All you as the vendor need to do is to show prospective purchasers around your property and let us take care of everything else.
For more information, please visit our web site at turtlehomes.co.uk turtlehomes.co.uk
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