Valuing a Property

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TotalControl

Original Poster:

8,069 posts

199 months

Tuesday 27th January 2015
quotequote all
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?

TotalControl

Original Poster:

8,069 posts

199 months

Wednesday 28th January 2015
quotequote all
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.