How accurate are "Zoopla" estimates??

How accurate are "Zoopla" estimates??

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Streetrod

Original Poster:

6,468 posts

206 months

Wednesday 4th January 2012
quotequote all
Ok, saw the advert on TV last night so decided to try their estimator on my house value. Now to say I was not pleasantly surprised would be a fib. Anyway after a quick refinement of my details the estimate came down a bit but it still seemed to conclude that my house was worth a lot more than I expected. Now to be honest I have taken no notice of local house values since I bought mine eight years ago so may be this could be right.

Does anyone else have firsthand experience of these estimates and how they would compare to your local estate agents estimates?

Get your estimate here: http://www.zoopla.co.uk/home-values/

Streetrod

Original Poster:

6,468 posts

206 months

Wednesday 4th January 2012
quotequote all
Having spent nearly £150k on updating our house recently (£30k on the kitchen furniture alone frown ) I was not too interested in finding out how much the house was now worth just in case in was worth less than I spent. But on refection I suppose ours is an ideal period family home with 3 highly rated private schools within tens mins drive. Only two houses in my street of 28 houses have come onto the market in the last eight years as people don’t want to move. Anyway it has left me feeling a little more positive biggrin

Streetrod

Original Poster:

6,468 posts

206 months

Wednesday 4th January 2012
quotequote all
The thing was I was not looking to sell; I just had an idle moment to fill so checked out the site. It was just a pleasant surprise how much they said my place was worth even after I had updated my details.

Let me put it this way, even if my house was really worth £100k less in the real market than they have quoted I would still be very happy if I was selling tomorrow