House Valuation

Sellers Guide

5. Valuing your Home


In order to sell your property, marketing at the right price will hopefully attract potential buyers. Many people's common belief is that an estate agent will only be able to value your property at the right price and that they are the only people who can do this. This is not the case you can set the price of your property yourself; you don't need to be an expert just realistic. Many people have a rough idea how much there property is worth and this is by local knowledge of the area they live in and what properties have sold for. A market appraisal through an estate agent is only based on what properties are selling for in that area, by research on the internet and contact with other estate agents.

What's stopping you from looking on www.nethouseprices.com to see what properties have actually sold for over the last couple of years? Why not ring a few local estate agents and see if they have any properties in that area, or have done and see what the interest was like and how long it took to sell?


One key factor to remember when setting the price is to not set to high as this will not attract the level of interest you want and you could face a long period of time being on the market. Therefore if you set it at the right price, you maximise the chances of interest and offers and hopefully get the best possible price for your property. Another consideration is that you always allow room within the asking price to negotiate, as it can sometimes have a negative effect when properties are sold with the logo, no offers.

Remember you are in full control of your property you can increase or reduce your property price at any stage.
For the best possible value of your home, look and base on:

  • Local papers- look at what properties in that area are selling for.

  • Estate Agents- see what they have in the windows and inside, ask for some advice on certain properties, i.e. level of interest, how long been on market and so on.

  • Look on current internet sites that give actual sold prices of properties in which year, this will help to identify market trends.

  • Ask an estate agent for a market appraisal they are generally free of charge but double check this with them.

  • If still not really sure then why not instruct a surveyor, there will usually be a fee for this service.

Login Area



Password Reminder

Email Alerts


Advertising