How much to offer on a house?

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Looking for advice on what you would put an offer in at?

The house is on the market at offers over £205,000.

HomeReport is £210,000.

We asked the owners what figure they had in mind... they said £220,000.

I'd offer £206k. They're being unrealistic and grabby if they think they can get £220k against a valuation of £210k. The markets cooling, not heating up.

If you really like it, I’d offer Home report value and leave it with them

I agree with Yutes

Are there any recent sold prices for similar houses nearby on Zoopla?

What are other similar houses on for? But I wouldn't offer more than the Home Report value unless you have loads of equity, as the mortgage will be based on this value. Are you in Scotland?

Depends how much you want it - think about how you would feel if you missed out by a few thousand? If there's loads of other choice and £210k is your top price, that puts a different spin on matters compared with if you really like the house and can easily afford slightly more than £210k, especially if you expect to live there ages if you buy it.

What kind of area is it? My friend bought last year and all properties were going for loads over the home report! This was Glasgow west end though.

Depends where you are. Currently selling or sold. The offer we accepted is nearly £20K over home report valuation.

Assuming this is Scotland - I agree that it completely depends where in the country you are - but desirable Edinburgh/Glasgow areas and suburbs - 5-10% above home report still fairly normal and the market is showing no signs (yet) of slowing.

Elsewhere - will depend on local market behaviour and your own position.