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Wednesday, 3 October 2012

Property value and valuations

How much you can sell your current home for will be crucial when deciding your next move. It pays to do some research to make sure you achieve the best price in the shortest time.

So how much is my home worth?

You can get an idea of the prices in your area before you sell by visiting the Land Registry website. Here you can see what is actually happening to average prices of property in England and Wales. 

You can search for the latest house prices by:

  • property type and postcode
  • county
  • unitary authority

You can also find out average prices within Greater London by individual London boroughs.

Getting your property valued

However you decide to sell your home, you can get the property valued without obligation by local estate agents. It is best to get three valuations for a balanced view.

If you do want to sell through an estate agent, it may not always be best to choose the one that gave the highest valuation. You should get to know the local property market and sales prices before you make your choice. This will give you a realistic idea of how much your property could be sold for and avoid any long delays before your home is sold.

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