Valuing a Property
Discussion
I've seen a property that's not on the market but it's in a neighbourhood that I grew up in, so know fairly well.
To my eyes, the house hasn't actually been upgraded or maintained in any way. I think it doesn't even have double glazing as far as I can see. The back (what I can see of it) looks overgrown and the house itself has bits falling off the once pebble dashed front. A window is boarded up too. I see bins outside so it looks like someone must live there?
How much, percentage wise, are we looking at it being of less value? If a valuation of that kind can even be done?
The area post code is WD 24 (6SG) if that is of any help?
To my eyes, the house hasn't actually been upgraded or maintained in any way. I think it doesn't even have double glazing as far as I can see. The back (what I can see of it) looks overgrown and the house itself has bits falling off the once pebble dashed front. A window is boarded up too. I see bins outside so it looks like someone must live there?
How much, percentage wise, are we looking at it being of less value? If a valuation of that kind can even be done?
The area post code is WD 24 (6SG) if that is of any help?
Interesting replies, thank you.
I'm not in a position to buy at all at present. Pure curiosity really to see what it would be valued at.
Worth? With the condition it's in at the moment I guess £200k is what I thought it would be worth.
The other curiosity in me seeing what it would be valued at is because the other properties in the same area have a big disparity in purchase prices in the last few years, like has been observed.
It may be worth me checking with Land Registry if and when I am ready to purchase. That is, if it is still available.
I'm not in a position to buy at all at present. Pure curiosity really to see what it would be valued at.
Worth? With the condition it's in at the moment I guess £200k is what I thought it would be worth.
The other curiosity in me seeing what it would be valued at is because the other properties in the same area have a big disparity in purchase prices in the last few years, like has been observed.
It may be worth me checking with Land Registry if and when I am ready to purchase. That is, if it is still available.
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