ARTICLES!
QUICK PROPERTY BUYERS?
- What Is The Best Way To Sell My Property?
- How to sell your house quickly?
- How can I tell if a cash buyer is trustworthy?
- What will a property buyer offer for my home?
- Different ways of selling your home quickly
- Houses bought for cash: does this really happen?
- How much will it cost to sell my home?
- Quick house sales and where to get them
- Sell my house fast: here are a few options
- Will anyone buy my home?
ESTATE AGENTS?
- Recommended Estate Agents
- 10 things you must know about Estate Agents
- Shall I choose the cheapest Estate Agent?
- Do I need a Rightmove Estate Agent?
- Can I trust an Estate Agent's valuation of my property?
- Are there any good online Estate Agents?
- Choosing an asking price that draws in buyers
- Do I need an EPC to sell my property?
- Does my Estate Agent need to advertise my property for sale in the local newspapers?
- Do I need to use a local Estate Agent to sell my house?
- Finding the best Estate Agent
- How do I choose the best Estate agent to sell my home?
- Shall I sell my home privately or sell using an Estate Agent?
PROPERTY VALUATION?
- Free online house valuation
- How to add value to your home
- How to value your property
- How you can use house price data to accurately value your home
CONVEYANCING?
- What is property conveyancing?
- Property conveyancing process for a house seller
- Property conveyancing process for a house buyer
- What about DIY conveyancing?
- How do I go about choosing the best conveyancer?
- Property conveyancing glossary: A guide to the commonly used terms in conveyancing
HOUSE REPOSSESSION
- Repossession process explained
- Ways to stop a repossession
- Where you can get help if you're facing repossession
- Mortgage Rescue Scheme
How You Can Use House Price Data To Accurately Value Your Home
How You Can Use House Price Data To Accurately Value Your Home
House price data is a very useful tool when it comes to accurately valuing your home, but the trick is knowing where to find accurate house price data and how to use the information effectively. It is often said that statistics can be manipulated to show whatever you want, and to some extent it is the same with house price data. If you don’t use the information properly, you will end up with a poor valuation.
Compare, Compare, Compare!
The most important thing that you can do when you are using one of the websites listed below is to compare different websites just to check that the data that is contained within them is up to date. These are free websites and so you cannot expect a team to be operational 24/7, so there may be some differences between websites with regard to how current the information contained actually is.
Compare Like With Like
There is a tendency to enter your details into Zoopla or Mouseprice.com and simply fix on the top price for that street. Now this may be fine if you live in a street where each house is a semi, or a detached or a terrace. But not many streets are wholly like that. So you need to check which properties have the same number of bedrooms that yours has or has the same facilities such as a garage, shed, greenhouse as well as conservatories etc. Now this may seem an impossible task, but it can be done. There are basically two ways; each of which is quite easy, though you may need to take notes!
Zoopla!
Zoopla will help you to compare like with like. This is a property website that shows how much properties were sold for, but it is heading towards the new generation of property websites. It already has a section called Home Values. All you have to do is to search for an area within the values and then check out the Hs(usually in red) to see all the historic listings for that property. So you can check which houses were similar to yours.
The property portal Rightmove is simply a phenomenon in the property market and it is HUGE. Estate agents list with Rightmove to get their properties seen. But after the property has been sold, you can find that the details are not removed, so you can see original ads for properties. So if you live in Hemmingway Close, search for that street, then see details from Rightmove and sift through these to check which are similar to yours and then see what they sold for using Zoopla, propertypriceadvice or mouseprice.com. You will probably need to take notes to see that you are not comparing the same properties over and over.
Use Registers
You can use the Land Registry website (or in Scotland the Registers of Scotland) to ascertain the exact prices of houses. Usually websites take their data from these sites, so it is really a belt and braces approach, but you are simply doing proper research and double checking your data; as you should!