Zoopla house price estimate

A Zoopla house value, zoopla house price estimate, or Zoopla price estimate, is a value that Zoopla believes your house is currently worth if you were to list it for sale on the open market. Zoopla gives you a figure with two figures on either side, a high and a low figure, so you can see a range of what your house could be worth. Just zoopla house price estimate any house valuation, a Zoopla price estimate is a rough figure as to what your property could be worth if you were to sell it in the current market.

If you are thinking about selling your home the chances are that you will have stumbled upon the free to use Zoopla house valuation tool. While getting a house price estimate online is very convenient, many people in the property industry question how accurate such tools can really be. In this blog, we look at who Zoopla are, how their free online house valuation tool works and how accurate it is. We also run through if there is ever a good reason to use it, and the differences between it and its competitors. Launched in , Zoopla is a property website which collates and provides property listings for the UK housing market.

Zoopla house price estimate

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Something else to take into account is that Zoopla bases its prices on an average. What is a Zoopla house value?

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If you are looking into the valuation of your home before you sell it or if you want to get an idea of the value of a property you intend to purchase, you might be asking how accurate are Zoopla estimates. Even I was amazed when I did the calculations! The strategies you learn in this article will not only save you money, but it will also reduce the stress of buying your next home. I use two of my properties to demonstrate how Zoopla estimates are not accurate. If you take nothing else from this article, it is to know that the accuracy of Zoopla estimates should be taken with a large pinch of salt.

Zoopla house price estimate

If you want to sell your house you might decide to get a Zoopla valuation for it. Zoopla offers not just one but two ways to value your house. Firstly, they offer free agent valuations where an agent inspects your house. Secondly, they offer estimated valuations.

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Possible vendors may be initially gladdened with estimates showing on zoopla which may prove disappointing with the reality of actual sales figures achieved. Sell your house in just 7 days! Launched in , Zoopla is a property website which collates and provides property listings for the UK housing market. What is a Zoopla house value? Why does Zoopla not show all sold house prices? We will keep you constantly updated, including any issues we face and how we will do our best to overcome them for you. High confidence means there are a lot of similar homes to yours in the area, the data is up to date and the market conditions are steady. The Zoopla house valuations algorithm takes your homes most recent sale price, and then adjusts it, using a multiplier worked out using many factors including:. All of which can largely affect their appeal, and in turn how much a buyer is willing to pay. If you want to know the exact sold price of a property, you can check the Land Registry website in the UK, which provides this information for a fee. The problem is that as we look at higher value properties estimates are only exasperated as Zoopla applies the same percentages that only serves to inflate prices to unrealistic levels. While these valuations will have no obligations attached, you might feel dishonest getting an agent around if you have no intention of selling with them.

Just that really - have any of you who have sold recently know how accurate these are for those of us outside the London property bubble?

The only sure way to obtain an accurate house price estimate is enlist the services of an estate agent or chartered surveyor. Some house sellers might choose not to make their sold house prices public for privacy reasons. Setting it too low can lead to a flood of inquiries and pressure to accept an offer quickly. This can be due to a variety of reasons, ranging from one having a fashionable address to another offering beautiful views or a south facing garden. How does Zoopla value your house? Leave A Comment Cancel reply Comment. While these values are likely to be accurate, as local estate agents have lots of experience, they are not suitable for situations where you need an exact number, such as during legal proceedings, or for accounting purposes. Some of the data regarding sold house prices might be inaccurate or outdated, and Zoopla takes steps to verify the information it provides to ensure its accuracy. Are you looking to sell your house? Moreover, Zoopla can overestimate the value of your property, leaving you with unrealistic expectations. Other online house valuation tools are also available. This data has been collected for many years and enables Zoopla to have a reasonable guess at the value of your property today.