.... to believe Zoopla valuations?

[mabelchiltern]

Selling my house later this year - looked at the valuation on Zoopla.... does anyone know if their valuations are accurate or optimistic? Thanks!

they are as accurate as the data they have to work from - if there have been lots of sales of similar properties in the area then they are pretty good, otherwise it's as good a guess as anyone's.

Completely inaccurate in my street.

Houses all pretty similar in size/ shape but valuations range from 250-400k for what is essentially the same house (some decorated more nicely than others but not £150k more nicely!)

Thanks for your replies! This is a village house and they’re all different so hard to compare with other properties... Have to sell so hope Brexit doesn’t mess everything up!

As an estate agent who lists on zooplankton I’d say they can be accurate but that’s usually by luck. They are automated based on recent sales in the street but don’t compares things the way an RICS valuer/surveyor would. So on my own street for example my house is valued stupidly low because 2 recent sales were repossessed flats that went for about 25k each but I’m in a 3 bed mid terrace. An actual surveyor wouldn’t even think about using those as comparable evidence value on my house.

Take them with a very large pinch of salt is my advice.

My phone autocorrected zoopla to zooplankton. I have no idea why.