Hometrack property valuations
When you are buying or
selling a property it is vital to understand the
local property market
in your chosen area, and for this you need
local property
information:
Hometrack provide excellent reports with all
the information you need in every area in
England and Wales.
Why get a
Hometrack valuation?
The Hometrack Online Valuation Report is
based on Realtime™, the market leading Automated
Valuation System used by the High Street Banks
and Mortgage Lenders. In most cases it will give
you a good indication of a property's value,
something that you can't get from simply looking
at previous sales in a local area.
The Hometrack difference
Because Hometrack works with Mortgage
Lenders, Estate Agents and other housing
professionals, we can boast a much greater
understanding of the property market. This
combined with our Automated Valuation System
means that we can deliver much more than most
other online housing sales websites.
As well as our unique valuation product, you
can browse actual sales, and view in-depth and
up-to-date information from Hometrack's survey
of house prices and market trends in England &
Wales.
Hometrack Online Valuation
Get your property valued NOW with
the same valuation system used by mortgage
lenders - from £19.95
Buying or selling a house takes time. It’s
one of the most important decisions we ever make
so it’s always good to be armed with the facts.
What someone paid for a house is
interesting...
Knowing what it may be worth now is
invaluable!
- Hometrack Online
Valuation
- Neighbourhood price range
- Neighbourhood current
values
- Neighbourhood price
trends
- Historic sales prices
- Market trends
Historic Sales Prices
Find out for free what properties sold for in
your local area, based on HM Land Registry data.
The Market
View in-depth and up-to-date information on
market trends in your local area from
Hometrack's monthly survey for England & Wales.
Today's Prices
Update historic Land Registry Sales prices to
today’s date - from £1.90
Valuation Report
What is an Automated Valuation?
An automated valuation is a
property valuation created by a computer model.
This valuation is used to estimate the current
market value of a home based upon various
analytical methodologies and data elements e.g.
comparable sales prices, home characteristics,
historical property price appreciation etc.
What information is contained in
the Hometrack Online Valuation Report?
The principle outputs are the
estimate of current market value, an indication
of the Confidence Level or probable accuracy of
the result and the estimated value range. In
addition to these key outputs the report
contains various other relevant property market
information.
Can Hometrack value every house?
The Hometrack Valuation System
can value any property in England, Wales &
Scotland where the system successfully matches
the postcode and house number or name.
How accurate is the Hometrack
Valuation System?
The accuracy of the valuation
will vary depending on a wide range of factors;
principally how similar the subject property is
to properties in the surrounding area and how
much turnover there has been in the area. The
expected accuracy of the valuation is reflected
in the Confidence Level and the corresponding
value range. The System is unlikely to provide a
very accurate valuation for properties that are
unusual, much larger than average or with
particular distinctive features.
Which professionals use the
Hometrack Valuation System?
The Hometrack Valuation
System™ is based upon the Realtime Valuation
Model™ which is the market leading online
valuation service used by High Street Banks and
Mortgage Lenders. It is one of the most advanced
Automated Valuation Models in the world.
Currently lenders representing more than 70% of
the UK Mortgage Market utilise the Realtime
Valuation Model™ for both mortgage origination
and further advance.
Are there any alternatives to the
Hometrack Online Valuation Report?
No, at present Hometrack are the only providers
of online automated valuation services to
homeowners and property investors.
|
