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.

Zoopla house price estimate

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In this blog, we look at who Zoopla are, how their free online house valuation tool works and how accurate it is. Zoopla Sold House Prices is a feature provided by Zoopla, zoopla house price estimate, that gives an estimated price for a property that has recently been sold. What with Zoopla working purely around data, accuracy is vital.

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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. I use two of my properties to demonstrate how Zoopla estimates are not accurate. If you take nothing else from this article, it is to know that the accuracy of Zoopla estimates should be taken with a large pinch of salt. Zoopla uses data from a number of sources to provide estimates on over 26 million properties in the UK, and includes:. Zoopla estimates do not include any extra work that has been done to the property which has yet to be recorded.

Zoopla house price estimate

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. Offers in days. No sale, no fee. If the question is, ' how accurate are Zoopla estimates?

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An estate agent will typically give you a marketing price recommendation as well as a price they expect to achieve. It's the same outside too. Setting it too low can lead to a flood of inquiries and pressure to accept an offer quickly. Hi John and thank you for your comment. At the same time, Zoopla will also provide a confidence rating. Get a valuation based on data as well as saleability and you're far more likely to have a smoother sales experience. Alternatively, historic properties can attract buyers who love particular features, such as exposed beams, and open fireplaces. How reliable are Zoopla house valuations? Is my Zoopla house value realistic? How do I use the Zoopla house valuation tool? This also goes unaccounted for in the Zoopla calculator. Get a few estate agents round to your property to provide their opinion on what you should market your property at.

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.

This is so that Zoopla can then market their additional services to you. So perhaps when you bought it, the agent tried to imply that the cubbyhole of a office was in fact a bedroom. You should not use this figure for marketing purposes as you stand to either fail to sell the property if it is an overestimate. Is it realistic? Due to the nature of it being an estimate, Zoopla provides you with a main middle figure and then two figures on either side, with one being the lowest possible figure and one being the highest. We also run through if there is ever a good reason to use it, and the differences between it and its competitors. Setting it too low can lead to a flood of inquiries and pressure to accept an offer quickly. This then allows you to see the whole range as to what your house could be worth. When trying to establish how much your house is worth, you don't want to be relying on faulty information, especially when it could cause you to set your asking price at the wrong level. Or you could potentially lose out hugely if it turns out to be an underestimate.