What could your home be worth in today's market?
If you are weighing up whether to sell, one of the most natural questions is simply: what is my home actually worth right now. It helps to understand how that figure is genuinely determined before trying to answer it for yourself.
Why the market changes, and why that is normal
The number of homes for sale, how quickly they attract offers, and how prices move all shift over time. None of this is unusual, and it is worth being wary of any figure you are working from that has not been checked recently.
Choice affects pace, in either direction
When buyers have more choice, presentation and realistic pricing matter more. When choice is limited, well-priced homes tend to move faster. Whichever conditions apply, the same underlying advice holds true: a well-prepared, honestly priced home performs better than one that is not.
What actually determines your figure
Your home's value comes down to a combination of recent, truly comparable sales nearby, current buyer demand, the condition and improvements you have made, and factors specific to your road or village.
Why online tools only tell part of the story
Online tools work from data alone and cannot account for your specific improvements or what is happening on your street right now. They are a reasonable starting point, but not a substitute for a proper, informed figure.
Over the last 12 months, our clients have achieved within 1.33% of their asking price on average, against a regional average of around 3%, worth roughly £6,000 more on the average sale.
Why the same house can be worth different amounts to different agents
A figure is only as good as the evidence and local knowledge behind it. Two agents can walk through the same property and reach different numbers, sometimes because one is working from more recent, more relevant comparables, and sometimes because a higher figure is simply more appealing to hear. It is worth asking for the reasoning, not just the number, whoever gives you a valuation.
If you would like an honest, informed figure for your own home, a valuation with your local Campbells associate costs nothing and comes with no obligation.
