Automated property valuations are limited by the data available to the algorithm when it comes to calculating the price of property.
For instance, if the kitchen has been recently replaced, the property will be worth more money - so if you tell us about this, we're able to give you a more accurate valuation.
After you've told us about the property's condition, we can generate a new valation that takes account of the home improvements that have been made.
We've teamed up with Yopa to get you a free property valuation by one of their local expert agents. They'll be able to independently evaluate the condition of your property and how it compares against what is on the market at the moment.
Valuations are free and you are under no obligation to use their services.Book free valuation Read reviews
Our automated property valuations work using the property's sale history along with recent sale data in the same road and surrounding area to work out how the price has changed over time.
Sometimes though, automated property valuations don't generate prices that are in line with current market conditions.
For example, if a property has previously been sold for less than its market value at that time (i.e. a distressed sale), this can lead to its current valuation being lower than it is really worth. An example of this is when a bank forces a sale through when a person is unable to pay their mortgage.
Another potential reason why a valuation may not meet our expectations is if the sale was incorrectly recorded with HM Land Registry.
Incorrectly recorded sale information can be corrected by going to HM Land Registry (click here) - they have a simple form that lets you tell them about the error. After they approve the change, they will then notify us of the update and we will then pubish the corrected data.
If you think that the above valuation is still not representative of this property's price, we also have an alternative way to generate a property valuation. This takes the latest local sales data to generate the most accurate property valuation possible based on up to five similar properties nearby that you can choose.