Jordietackles replied to the topic Online valuations in the forum General Property 4 years, 10 months ago
I would suggest they are as accurate as you expect. And that is only so accurate. There is a reason banks don’t use them at the moment.
Valuations are done mainly using direct comparison (residential), which as it suggests compares similar property types against each other (that have sold) to determine what the market value is.
As property i…[Read more]
Jordietackles became a registered member 5 years ago