What is an Actual Market Appraisal?
An actual property appraisal is carried out by our knowledgeable valuation’s manager David Hopkins. He doesn’t just look at numbers—he will visit the property and check:
• The condition and size of the property
• Local market prices for similar homes
• Legal issues like ownership or planning restrictions
• Any improvements or damage
This produces a reliable & much more accurate guide to pricing property.
What is an Online Property Valuation?
Online property valuations use algorithms and public data to give a quick estimate. They usually take into account:
• Size and type of property
• Number of bedrooms/bathrooms
• Recent local sales
It’s fast and convenient, with results in seconds.
Pros
• Quick and easy
• Usually free
• Good for a rough idea of the market
Cons
• Can be inaccurate
• Doesn’t consider property condition or quirks
• Not legally recognised
• Local issues may not be factored in
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Which One Should You Use?
• Buying or selling: Go with a professional market appraisal for accuracy.
• Mortgages or loans: Banks need a professional report.
• Quick research: Online appraisal gives a rough idea.
• Investing: Start online, then confirm with a surveyor.
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Conclusion
Online appraisals are handy for a quick estimate, but a professional valuation gives the true, reliable value. Think of online tools as a rough guide and a surveyor’s report as the real deal.
In short: Online appraisal gives you a ballpark figure; actual appraisal gives you the facts.
