Whether you choose to have your property valued online or you prefer using a traditional high street service, there are a number of key factors that will influence your valuation. Before you put your property on the market then, why not find out what these are so you can maximise your properties valuation potential? Read on to find out more...
1. Property Location
The location of a property is a significant factor in determining its value. Homes in desirable areas, such as those close to good schools, transport links, and local amenities, are likely to be worth more than those in less desirable locations.
2. Size and Condition
The size and condition of a property can have a significant impact on its value. Generally, larger homes with more bedrooms and bathrooms are worth more than smaller properties. Similarly, homes that are well-maintained and in good condition are more valuable than those that require significant repairs or renovations.
3. Market Conditions
The state of the housing market can also affect a property's value. In a strong market, where there is high demand and low supply, homes are likely to be worth more than in a weak market where there is low demand and high supply.
4. Age of Property
The age and type of property can also play a role in its valuation. Older properties with period features, such as Victorian or Georgian homes, are often highly sought-after and therefore command higher prices than newer properties. Similarly, certain types of property, such as detached homes, are generally worth more than semi-detached or terraced homes.
You can get a quick and easy online quote for our conveyancing services, or why not get your own fast, free property valuation?
