Comments on: Two different Estate Agents have valued my house at 30,000 pounds difference. Who do I believe?

By: Edaphos

Edaphos — Sun, 01 Aug 2010 05:16:12 +0000

Your house is worth whatever someone is willing to pay for it. Appraisals are only a guess and should be used for reference only. Start offering you house high and then lower the price if necessary. Try to sell quick before everyone realizes the UK bubble was bigger than the US bubble.

By: ste_pej

ste_pej — Sat, 31 Jul 2010 06:35:03 +0000

I’d always advise three valuations, then work off the average.

The garden won’t add too much value to the property unless there’s the possibility of building on it…. but a good sized well kept garden always helps sell a property.

You know already what other houses in the street have sold for recently…. That’s the best pointer to what yours is worth.

Don’t worry about the fixed fee boys, they work just as well (if not better) than the percentage boys. Better to look at their customer service and what they offer for the money

By: leambi

leambi — Fri, 30 Jul 2010 23:36:49 +0000

Get an independent surveyor to come round and value the property, they will use comparable properties in the area and the actual house condition and land and whatnot to do an accurate valuation, plus they aren’t interested in the fact that you are selling the house.

By: realdolby

realdolby — Tue, 27 Jul 2010 14:17:41 +0000

The lower figure seems to be correct the larger garden without outline planning permission is prhaps worth £2000 more.At this time prepare to accept a figure closer to £168000.

By: DAVID B

DAVID B — Sun, 25 Jul 2010 12:12:03 +0000

Find out from people around you what their houses sold for. There is a site on the internet which gives prices sold for in postcode areas. Not sure of its address but browse for it.
Some agents try to impress you with a Wow price then let it rest in their in tray in case a high offer comes. This occassionally happens if someone has a special reason for buying in an area, relation near etc. Generally i prefer the smaller, local agents. Go for the lower prices suggested and see if a real offer comes back. Remember a lower price with an offer is better than a higher one without. (Sorry, that’s obvious isn’t it?)
Also have a good read of the local property papers. If you are near a school or rail station it will get a good price if it’s a family house with 3 or 4 bedrooms. Not so important with smaller properties. Equally a garden is more important in bigger houses as it’s an extra play space for kids. Take your time and try to test statements by agent. They are known to be storytellers. It’s part of their training! Get advice from buyers you know. And don’t rush! Good luck

By: perfectionist

perfectionist — Fri, 23 Jul 2010 23:47:12 +0000

why dont your put your house in tip top condition and then sell it

By: dyno

dyno — Wed, 21 Jul 2010 17:45:45 +0000

Get a third agent to value it, If your garden is big is it big enough to put another property on it, or is there no access as now adays people are buying houses with big gardens just for this reason

By: Smudger

Smudger — Wed, 21 Jul 2010 11:55:12 +0000

Go for a price in between, say 200k ! or if you want to negotiate go for 220k and let them knock you down to 200k.

By: russell c

russell c — Wed, 21 Jul 2010 04:46:16 +0000

The one with the higher value wants more for his fee the one with the fixed fee wants a quick sale so he has to do less work go somewhere in the middle and you wont be wrong

By: MikeD2

MikeD2 — Mon, 19 Jul 2010 06:41:54 +0000

I’d go somewhere in the middle, bearing in mind property prices are dropping anyway.
If I was buying a house again, a large garden would be worth paying more money for.