Why Compare House Prices?
House Price Comparison is important when you are buying or selling a property it is vital to understand the local property market in your chosen area, and for this you need local property information.
If you are remortgaging having the accurate value of the property is important as even a 5% difference can affect the mortgage rate your can obtain.
What is an a Zoopla Valuation Calculated
Zoopla uses data from trusted and regulated sources to try and ensuring the accuracy and reliability of estimates. By incorporating data from sources such as the HM Land Registry, Registers of Scotland, and official survey records from accredited surveyors, they try to provide a more accurate and detailed estimates for properties. This approach helps to enhance transparency and provide users with reliable information. Its important to remember that these a very much a guide to the value of a property.
Your home may be repossessed if you do not keep up repayments on your mortgage
What Other Options are There to Compare Property Values?
If you have knowledge of the area a property then looking at the latest HM land registry can be very helpful. Companies like Rightmove provide data of sold prices simply by giving them the street name and postcode. You can then look at exactly what has sold on that road and sometimes even see the property details of the sold property. This will help you compare the condition of the property to better understand its value.
