Zoopla house price estimate

A Zoopla house value, 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.

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. It is currently the second largest active property portal in the country, after Rightmove. And so many homeowners come to rely upon Zoopla as they search for a new home or try to work out exactly how much their property is really worth when selling.

Zoopla house price estimate

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For example, bungalows are often worth more than terraces per square meteras the extra privacy and easy access they offer older buyers leads to some being willing to pay a premium for them.

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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. An estimate is essentially an automated valuation of what your house is worth. Zoopla is now a big name in the property business. So their estimated valuations carry a lot of weight.

Zoopla house price estimate

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.

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It can be interesting trying to work out either how much a property you used to own is now worth. Zoopla obtains its sold house price information from a variety of sources, including the UK Land Registry, which collects data on all property sales in England and Wales, as well as from other public and private sources, including estate agents and property professionals. In my experience, Zoopla has wildly overestimated values in some locations. Get a few estate agents round to your property to provide their opinion on what you should market your property at. These estimates will come with something of a range making it difficult to really pin point the true value of your property. Most high street estate agents offer free house valuations to homeowners who are considering selling up. Learn how your comment data is processed. We would advise you to take any house price estimates from Zoopla with a pinch of salt. The problem as a buyer is that the sellers are looking to achieve the overestimates of Zoopla so asking prices can be well above the real values. We will appoint you a specific agent who will be your main point of contact throughout the whole process, helping you to feel reassured or supported. How should you get a house valuation? The Zoopla house prices are intended to give an idea of the current market value of a property and are not an official valuation.

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.

We agree that Zoopla estimates at best are just that — estimates. It's important to pay attention to the confidence level Zoopla has given you, as it can help you understand how accurate the estimate is. Chances are, if a buyer can't see themselves living in a property, their offer will be lower. How does it work? Alternatively you can take a sneaky look at neighbouring property values. After all, a house with a recent extension, well-fitted kitchen and top of the line bathroom suite is worth far more than it would be without them. It is currently the second largest active property portal in the country, after Rightmove. This then allows you to see the whole range as to what your house could be worth. Get a few estate agents round to your property to provide their opinion on what you should market your property at. For example, bungalows are often worth more than terraces per square meter , as the extra privacy and easy access they offer older buyers leads to some being willing to pay a premium for them. The actual sold price of a property can vary significantly from the estimated price and may depend on a number of factors we cover below:. Save my name, email, and website in this browser for the next time I comment.