Valuation

Click on the picture to view raw gallery of a terraced house we marketed in Clacton

A typical 360 virtual tour

77 Sydney street

Thank you very much for considering us to market your home, my purpose here is to show you:

 

  • How I get to a valuation for your home
  • My marketing plan to achieve that price
  • My fee structure

 

Valuation

Your home

Type of home

Tenure

Sale history

Bedrooms

Internal area

Plot/land area

EPC rating

Council tax band

Terraced house

Freehold

17/12/2014 £115,000 (£178 p/sqft)

23/05/2014 £135,000

2

646 Sq.Ft.

0.023 acres

D

B (£1,406 p/yr)

Using the office of National statistics, I can usually project a first "base" valuation of what your property should be worth based on the price you paid for it, the date your purchased it and the improvements you have made.

Based on pure variations between end of 2014 and now, your property would be worth 47% over more than the price you paid. It means a valuation between £169,000 and £198,000 depending on the actual purchase price used ( £115,000 to £135,000)

Comparative method

I usually look at comparable properties sold recently in the area rather than the ones currently on the market as they tend to be overpriced. However there is nothing to compare your house with in Clacton/Holland-on-sea so I must use other angles...

66 Sydney street

An immaculate 2 bed end of Terrace sold from around £200,000. It shows the top potential.

Nelson street

Another well presented 2 bed once again showing the current price target when the property is in top condition.

Nelson street

Another 2 bed but in basic condition having sold around £170,000

Currently on the market

What are the properties that you would be competing against?

 

 

 

New street

Currently on the market, seemingly overpriced and under marketed

Valuation range

 

Minimum price: £175,000

Valuation: £185,000

Max valuation: £200,000

 

I have not seen the property but it seems that the price will reflect the condition on offer. A finished attractive house will be around £200,000 while a basic one would be closer to £170,000

 

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