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Can I Value My Home Accurately?

You don’t have to hire an estate agent to sell a house in the UK. But remember: a local agent brings an array of skills to the table — including experience in valuing homes.

Are you asking yourself “can I value my home accurately”? You can certainly value your property with a degree of accuracy, but you’ll need to know what you’re doing.

We’ve broken down the steps to valuing homes in the UK. But bear in mind this isn’t an exact science. And even the most talented and experienced estate agents get it wrong from time to time.

Is the house in a good state of repair?

Most homes can be valued according to their location, size, facilities, number of rooms, floor space and nearby amenities. But all of this data could mean very little if the property in question is suffering from serious structural issues. Before you do anything else, establish if any of the following issues are present:

  • The quality of construction is low
  • There’s damage due to subsidence
  • There’s damage or warping on the roof
  • There’s visible structural degradation
  • The windows are in a state of disrepair

Value a home that needs repairs

Are the house’s facilities fit for purpose

Every home relies on power and water. And when these essentials are interrupted or disrupted in any way, the consequences on the property’s market value can be devastating. Among the most common issues to look for include:

  • Unusually high water and energy bills
  • A malfunctioning boiler or central heating system
  • Restricted access to cut-offs and stopcocks
  • Outdated wiring and gas piping
  • Badly heated rooms

Your property might be in a fantastic area in high demand among buyers. But if it’s afflicted by some of these issues, you’ll need to address them if you hope to maximise your home’s price potential.

Of course, you may not have the time, money, or inclination to update your property. You might simply want to find a willing buyer as quickly as possible. And that’s where Flying Homes can help.

We buy houses directly from buyers without fuss or delay. There are no negotiating on price, marketing, property viewings or protracted conveyancing issues to deal with. If you accept our offer, we take care of everything. And in many cases, we’re able to release funds within just four or five weeks of making an initial offer.

Research recent house sales

The internet has made valuing UK homes easier than ever. Using the Land Registry website, Zoopla and Rightmove, you can search for recent house sales in your area. You can even search for homes that are similar in size and style to your own. This gives you a clear idea of what people are prepared to pay.

Recent house sale prices affect the value of your home

But there are many variables at play, and it’s impossible to be wholly accurate with your valuations. For example, a similar home that sold recently may have had a slightly larger garden. Or it might have newly-fitted windows. Any information you glean from these sites will only ever give you a rough valuation.

Can I get a more accurate valuation?

The tips listed above are used by the vast majority of estate agents in the UK. The current condition of a property together with recent sales data (and maybe a little intuition) are the key components of any valuation process.

If you need something more accurate, however, there is an alternative. Approach a surveyor and ask for a “standard valuation”. They’ll use all the data available to you online, but they’ll cast an expert eye on structural issues, too.

Valuing a home isn’t rocket science, but doing it with a high degree of accuracy is very difficult. If you’d rather skip the traditional house selling process altogether, get in touch. At Flying Homes, we buy houses fast, directly from their buyers. We’ll make you a fair offer based on market conditions. And if you accept it, we’ll take care of the entire transaction.

Selling Your Home Guide – Home Staging to Appeal to Prospective Buyers

Home Staging to Make Your Home Buyer Friendly

Having signed a contract with any of the high street agents (or online estate agents similar to – or having begun the process on your own – you will need to consider home staging to prepare your home for viewings. House buying is often an emotional process, so it pays to spend a little time appealing to the sensibilities of prospective buyers. From the moment viewers arrive outside, they need to feel a connection with your property. ‘Staging’ a home for a specific target market can result in higher house prices, but getting it right is not easy.

Create ‘Kerb Appeal’

The term ‘kerb appeal’ is a common buzz phrase amongst estate agents, and it pertains to the first impressions people get as they approach your property from outside. No one will make a decision on buying a house just by viewing it from the pavement, but some buyers will decide not to buy it based on its immediate appeal. To create a positive first impression, there are a few things you can do to make the exterior of your home more appealing.

  • Make sure the windows are clean and in a good state of repair

  • Clear clutter from the garden, mow the lawn, remove weeds and add a splash of colour in the form of some flowerbeds

  • Repair any broken doors and facades, and consider giving them a lick of paint

Allow Prospective Buyers to Use Their Imagination

Selling houses is often about appealing to a potential buyer’s emotions. Allowing things to get in the way of a buyer imagining a life in your property can seriously harm the chances of selling a house for the right price. Some buyers would rather find property for rent than settle for a new home that is anything less than perfect, so taking a few steps to allow imagination to roam free could be a profitable move.

  • Redecorate rooms that have particularly bright or niche themes – stick to neutral tones

  • Remove any furniture that is not necessary to create the image of space

  • Allow natural light to flood into rooms wherever possible

  • Remove clutter, and hire temporary storage space if necessary

  • Attend to any repairs

  • Remove odours caused by pets, and introduce some homely smells into your home with pots of coffee, home baking and fresh flowers

How to Negotiate Offers

With attention to the small details and some careful staging, you should be able to find a buyer with the help of an estate agent. However, the first offer made on houses for sale is often a speculative one – aimed at getting the negotiations started. The services of experienced agents can be invaluable at this point, as they are adept at forming relationships with buyers, understanding their priorities and gauging their level of interest.  If Selling a house faster than through an estate agent is your priority, then you may need a different kind of service altogether such as that offered by Flying Homes.

What if Home Staging Doesn’t Work And Your Property Just Isn’t Selling?

The property market is notoriously volatile, and it is subject to change based on a range of underlying factors. If you are finding it difficult to sell your property, even after extensive home staging, then you still have a range of options available to you, but it is a good idea to consult your agent beforehand.

  • Create a new property listing with more descriptive language

  • Identify key features of your home that haven’t already been communicated

  • Retake your photos and experiment with different lighting levels and perspectives

  • Consider reducing the asking price

  • Attend to any structural issues that have been flagged up by a surveyor’s report

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