The first step to selling your home is a valuation. Once you understand what your home is worth, you’re in a better position to plan and take the next steps towards finding a new property.
There are two types of property valuation; instant and expert. In this article, we breakdown what you can expect from each.
What is an instant valuation?
An instant valuation is an easy and convenient way to understand the value of your home. It can be completed quickly via our website at any time. Simply enter your address and postcode, some basic information about yourself and when you’re looking to sell and you’ll receive an estimation of your home’s value.
This is a report of the average market price for homes that are similar to yours within your local area. The information is based on data from the land registry and recent property sales. After you have completed your online instant valuation you’ll receive a report via email and a local agent will get in touch to arrange an appointment.
What is an expert valuation?
Whilst an instant valuation is a useful tool, it does have limitations. To fully understand what your home is worth you’ll need an expert valuation.
This involves an accredited and qualified property expert coming to your home to give a more detailed and accurate valuation. An agent will consider the most recent market dynamics and property rates. They can also take into account the unique features of your home that set it apart from those in your area as well as advice on how to potentially heighten its value.
If you’re unsure which valuation is best for you, it’s probably a good idea to try both. Remember that the expert property valuation is a more detailed and accurate valuation of your property.