Before putting your property on the market, you will need to carefully consider your asking price. As every property is unique and values are constantly moving, properties are very hard to accurately value and ultimately, they are worth as much as someone is willing to pay. The best way to ascertain the likely value of your property is to get an up-to-date market appraisal from a couple of local estate agents. The agents will use their knowledge of the local market and look at similar properties that have recently been sold to give you an estimate of the property’s value in the current market.
Once you have this estimated value, you should consider your own position before deciding on the asking price. For instance, if you have already found a property that you want to buy, you will have a minimum price that you will need to achieve to make this purchase possible. Likewise, if you need a quick sale, you may wish to lower the asking price in order to attract more buyers.
Chestertons is the residential property specialist and offers a full range of related services including:
To arrange a valuation please contact the number below
020 3411 7552