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Why get a Free Online Valuation?
How much is my house worth? It depends on how fast you need to sell it, or who is buying it and for what purpose.
If you need to sell your house fast because you want to move house, then it’s worth what you can sell it for. The selling price depends on who is in the market to buy your home, how many competing buyers and how long you are prepared to market the property.
This could be 6 to 9 months to achieve a successful sale. If you need a valuation because you are raising finance, then the mortgage company need a model to follow, which will simulate what you might achieve by selling. The valuation figure in this instance is likely to be less than if you had actually put it on the market for sale, and maybe based on a shorter 3/4 month selling time-scale.
Our free instant house valuation tool from Trappic gives you an idea as to how much your house is worth. Try it above, put in your postcode and a few other details and get some upper, median and lower values for your home. Value your property in an instance, FREE of charge!
Once you have generated a house valuation quotation from the tool, then if you need a quick sale, try one of the many property buyers listed, on the sell house fast directory.
To value your home, you can also look at sold house prices from Land Registry, and properties similar to yours currently for sale on internet portals. This is pretty much what estate agents do anyway when it comes to valuing a house.
What’s the advantage of obtaining a free online house valuation?
- If you establish a rough valuation of your home BEFORE contacting estate agents or property buying companies then you’ll not have the wool pulled over your eyes, and hopefully you can choose the right agent or house buyer that best suits you.
- Try checking house prices via ‘Zoopla current values’ and find out ‘how much is my house worth’. Again finding the value of your home in advance enables you to plan your finances and budget better when buying your new home
- Get something for free, there is no charge for obtaining a house valuation from us, there is no obligation and there is no charge for doing so.
How are house valuations calculated, how much is my house worth?
To value my property, ie find out it’s true worth, this is how to do it stage by stage below.
1. Find out what houses are for sale currently similar to yours.
Zoopla or Rightmove houses for sale can help to work out the value of your property. These prices or values can then be compared to properties for sale on the market currently, which are similar to your home.
2. Land Registry and Zoopla sold house prices can be checked.
The sold house price figures for properties can change hugely form area to area. Property values can be checked using Zoopla or Rightmove sold values. Use the house valaution tool here to get an approximate value fo your home and find out roughly, how much is my house worth.
3. What other factors impact on house values, are their any amenities of features which impact on these?
Houses all vary, even if they are similar, they could differe in price hugely. Some areas have a better postcode, or are nearer to amenities of something else which house buyers will pay a premium. New kitchens/bathrooms, local crime rates and so on can all have an effect on house values.
Assessing the value of a property, are their any formal guidelines?
To set standards for valuing property, the Royal Institution of Chartered Surveyors (RICS) is the governing body for registered valuers who have set out standards and guidance for valuing property.
Source RICS: ‘The estimated amount for which an asset or liability should exchange on the valuation date between a willing buyer and a willing seller in an arm’s length transaction after proper marketing and where the parties had each acted knowledgeably, prudently and without compulsion.’
Thank you for reading our article on what is my house worth, we hope you have enjoyed it!
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