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Do you offer face to face property valuation?

Yes. This traditional type of property valuation is our most accurate option.

Do you offer a free house valuation?

Yes. All of our house valuation options are free of charge.

Should you get a property valuation before buying?

It is worth getting a valuation on your existing property before buying to understand what you can purchase. This will help you understand the potential levels of equity you have in your existing property that will form the deposit for your next purchase. However, keep in mind that your mortgage lender will carry out a valuation as well for the purchaser to ensure that they are satisfied to lend.

How is a property valuation done?

We take a lot of things into consideration when calculating a property’s value, including:

- Location
- Recent sale prices for similar properties nearby
- Previous sale prices of the property
- The size of the plot
- Zoning
- Potential for future development
- The size of the building(s)
- Age and condition
- The number of rooms
- The type of rooms
- Fixtures and fittings
- Access and parking
- Outbuildings
- Issues such as damp

A professional valuer will take their time looking, measuring, researching and calculating to assess the value of a property.

How do I prepare my property for valuation?

Although the valuer will not take any marketing photos at the initial appointment, it’s a good idea to make your property feel appealing. A few simple steps will also make the process of valuing as quick and efficient as possible.

- You don’t need to go to huge efforts, but decluttering and tidying up will make your home feel inviting and spacious, and make it easier to take measurements.
- Ensure you have completed and compiled any relevant paperwork ahead of the valuation so that it is ready to hand over.
- Finally, note down any questions you’d like to ask so that you don’t forget them when the time comes.

What to do if the valuation is more than the offer?

Valuations give buyers an idea of what the property is worth, and your estate agent will have taken time to calculate an accurate figure. However, what buyers offer is ultimately up to them.

If a potential buyer offers a figure less than the valuation, you have three choices:

- Accept the lower offer
- Make a counteroffer that you’re happy with
- Reject the offer

Who usually sets the market value?

Ultimately, you can ask for whatever price you like for your property.

Professional valuations are extremely useful to give an accurate market value. If your asking price is deemed above the realistic market value by the buyer’s mortgage lender, they may have issues securing a mortgage. This can mean you don’t get offers and/or sales fall through.

For this reason, it’s sensible to seek professional advice when setting market value, and in the vast majority of cases, clients happily agree with their estate agent’s valuation.

What is the difference between property face value and market value?

The face value of a property is what it’s worth, irrespective of the current housing market. Market value takes into account other factor,s including supply and demand. Market value gives a more accurate idea of the kind of offers you should be hoping for from buyers.

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