Market at £250k or below?

[Megmargs]

As the title says really! Valued at £250k, any advice/experience on whether to market it as that or just below for those who want to avoid stamp duty?

249,999

Add 5% if you want people to be able to make offers and feel like they are getting a bargain.

Go 10% under if you want lots of interest and a possible bidding war.

Talk to your agent about the best strategy, they should know the market in your area and advise what is best.

250 is still FTB territory so no stamp duty. In fact at the moment FTBs don't pay stamp duty up to 425k (going back down to 300k in March 2025,).

Didn’t consider the FTB situation, good point. I’ll be asking the estate agent on their thoughts, both your replies have been helpful though so I’d be interested to hear more from others

How many EAs valued? You should get at least three, because there is always one who will add on 25k to get your business then in a month, blame the market and recommend you lower it.

I’ve got three and they were all exactly the same so I think it’s a safe bet