How to Value Your Home

The value of a property is ultimately decided by the seller.

Let that bit of information sink in.

Now, before you settle on an extortionate figure, remember that your chances of a sale will be greatly reduced if your valuation of a £100,000 property is north of half a million.

There are a number of ways to decide what you are going to value your property at:

  • Ask any people who recently moved into the neighbourhood how much they paid for the property.
  • Estate agents can often provide a valuation. Most of them even do this for free.
  • Glance through property listing websites and look at estate agents' windows for similar properties.
  • Consider investing in a chartered surveyor to give you an accurate valuation.
  • Get the valuation of an estate agent. Even if you decide not to go through an estate agent, you could still get the free valuations of a number of agents for your information.
  • The Land Registry website contains information on titles to land in England and Wales, and records registered land dealings:
    • http://www.landreg.gov.uk
  • If you are looking for a new home, check to see the prices of properties similar to your own.
  • The following websites have information on property prices across the UK. They are free to access, although you will need to sign up as a member for some of them:
    • http://www.houseprices.co.uk
    • http://www.nethouseprices.com
    • http://www.ourproperty.co.uk
    • http://www.upmystreet.com
    • http://www.mypropertyspy.co.uk