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Value your home by comparing to your neighbours' (UK)

getagent.co.uk

12 points by petertb 10 years ago · 9 comments

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buserror 10 years ago

Tried 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...

daledavies 10 years ago

I 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?

TheArtOfGear 10 years ago

Tried it. It was pretty accurate. Valued the same as the Estate Agents valued it last week.

  • buserror 10 years ago

    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...

noja 10 years ago

Nice idea. How does it account for rising prices since the picture and data was captured?

  • petertbOP 10 years ago

    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.

    • noja 10 years ago

      10% inflation is the current rate there. How recent are you looking?

samoli 10 years ago

I tried it on a house I just sold. It was only £1000 off.

chelseathomas01 10 years ago

Used & liked!

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