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I'm buying a property, how do I know it's priced correctly?

To get the right value of the house.

Asked on Dec 3 2010, House Prices in Newbury | Report content

Answers (4)

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  • Try asking a local estate agent, or/and do your own research by looking up sold prices for similar properties in the area. At the end of the day a house is worth what someone is willing to pay for it. In our area three of the same type of properties have sold for considerably different prices, it has come down to how badly people wanted a sale, everyone's circumstances are different. If you ask three different estate agents to value a property, you will in all likeliness get three different valuations. Usually it is safe to take the middle valuation as an approximate value.

    Answered on Dec 3 2010, Report content
  • Hello, See this link here to see what properties sold for in the area you are buying, this should give an Idea of what has gone before when and for how much.

    Answered on Dec 3 2010, Report content
  • Try the homes values section on this site, have a good look around at what else is on the market what has sold, again you can use the sold prices section above. When it comes down to it, it is your home and ultimately if you are happy with the price you are paying for it then YOU are paying the right price. A house is worth what someone will pay.

    Answered on Dec 9 2010, Report content
  • The most accurate method is employ a chartered surveyor.

    Answered on Mar 2 2011, Report content

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