Value your home by comparing to your neighbours' (UK)
getagent.co.uk
Value your home by comparing to your neighbours' (UK)
1–10 of 10 posts
Re: Value your home by comparing to your neighbours' (UK)
#2Nice idea. How does it account for rising prices since the picture and data was captured?
Re: Value your home by comparing to your neighbours' (UK)
#3Nice idea. How does it account for rising prices since the picture and data was captured?
We use the area average growth price. But the idea is we are looking at properties that sold very recently, so the rise in price is not such an issue.
Re: Value your home by comparing to your neighbours' (UK)
#4Nice idea. How does it account for rising prices since the picture and data was captured?
We use the area average growth price. But the idea is we are looking at properties that sold very recently, so the rise in price is not such an issue.
10% inflation is the current rate there. How recent are you looking?
Re: Value your home by comparing to your neighbours' (UK)
#5Tried it, but I found that judging by a single picture whether my house is 'more' or 'less' is too limiting. I honestly tried to tweak it afterward to see if the valuation would make a bit more sense, but it didn't.
FYI I bought my house 415k 2 years ago, zoopla tells me it's now worth 550k, and 'getagent' first estimate was... >900k! After tweaking it was still 770k (!) - Mind you some rather shitty houses seems to have sold for quite a lot but still...
Re: Value your home by comparing to your neighbours' (UK)
#6Tried it. It was pretty accurate. Valued the same as the Estate Agents valued it last week.
Re: Value your home by comparing to your neighbours' (UK)
#7Tried it. It was pretty accurate. Valued the same as the Estate Agents valued it last week.
So that is... traditionally very inflated so you are tempted to sell it, and they will lower the price afterward once you're committed because they are not paid a percentage anyway.
Ahhh estate agents, my favourites...
Re: Value your home by comparing to your neighbours' (UK)
#8I tried it on a house I just sold. It was only £1000 off.
Re: Value your home by comparing to your neighbours' (UK)
#9Used & liked!
Re: Value your home by comparing to your neighbours' (UK)
#10I live in a dorma bungalow and it only showed me pictures of houses (which generally cost a little more), may be worthwhile asking a few more questions about the type of property than just how many bedrooms?