Saturday, November 8, 2008

Property Value Valuation

I found the following page from Direct.gov.uk very useful in getting a value for your home.

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How much you can sell your current home for will be crucial when deciding your next move. It pays to do some research to make sure you achieve the best price in the shortest time.

So how much is my home worth?

You can get an idea of the prices in your area before you sell by visiting the Land Registry website. Here you can see what is actually happening to average prices of property in England and Wales.

You can search for the latest house prices by:

  • property type and postcode
  • county
  • unitary authority

You can also find out average prices within Greater London by individual London boroughs.

Getting your property valued

However you decide to sell your home, you can get the property valued without obligation by local estate agents. It is best to get three valuations for a balanced view.

If you do want to sell through an estate agent, it may not always be best to choose the one that gave the highest valuation. You should get to know the local property market and sales prices before you make your choice. This will give you a realistic idea of how much your property could be sold for and avoid any long delays before your home is sold.

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Refurbishment before selling

Before selling your home, it is always best to get a quote from a qualified estimator to see what can be done to raise the value of your property. This could be a full house or flat refurbishment, decorating your house or building work, fitting a new kitchen, fitting a new bathroom, a side-return extension or a loft conversion. You may find then that even in these uncertain times that a healthy amount will be added to the value of your property.



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