How much is my house worth?

If you’re considering selling your home, or even if you’re just curious, you can easily find out (roughly) how much it’s worth. There are a number of free ways to discover this, from websites to a little detective work, and we’ll list a few of them so you can easily find the value of your property.

Using Land Registry information

A good place to start is NetHousePrices which allows you to input the postcode or area of your home, then lists the values of properties that have been sold there recently. If you click on a property then you’ll also be able to see the average sale price in that area over the past few years, alongside figures for school results and crime. The valuation data comes from the Land Registry records and is updated once a month. While it won’t give you a definitive price for your property itself – as there are too many variables involving condition, age, fittings, and exact location – the information does provide a rough estimate of what you can expect.

There are other similar websites, but they tend to access the same data.

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Using property search sites and estate agents

Rightmove, Zoopla, and a whole host of other online property comparison sites will also allow you to search for house prices in your area. One of the advantages of using these services is that you can normally see the listing for the properties in question, which often includes images of the interiors. This can help you assess whether your own home needs a bit of work in some rooms to bring it up to the level of competing houses in your neighbourhood.

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While you’re on Rightmove, Zoopla, or other property sites you’ll also see links where you can request an evaluation of your property. These are done by local estate agents and are probably the most accurate form of assessment you’ll find, as the agents will send someone to visit your home and appraise its likely selling price.

Remember that these are free and you’re under no obligation to sign up to the estate agent once the valuation has taken place. Of course if you like them then they could prove useful when it comes to actually selling your home. Another simple idea related to this is to pop down the high street and check out the prices in estate agent windows, where you’ll see other local properties. If you’re willing to do a bit of legwork then you could even book a viewing of a house similar to yours, which gives the chance to see the standard that buyers will be expecting we you eventually put yours on the market.

Using Nationwide’s House Price Calculator

Finally, the Nationwide has an interesting service on its site called the House Price Calculator, which estimates the current value of your property based on how much it sold for in the past. You simply enter the year you bought the house, how much you paid, and then a figure will be produced using local property data. Of course this is a rather scattergun approach, and should only be used as a very rough guide, but it only takes a couple of seconds and can be a helpful addition to the other tools we’ve listed.

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