Before buying or selling a home, the first and the most crucial factor to consider is the price of the house. Determining the accurate value of your home depends on several factors. These factors include the location of the home, interior design, size, overall construction, proximity to local transportation, age, and state of the real estate market at the time. The establishment of online evaluation tools has, however, made the task easier. With these tools, all you need to do is feed your address into the estimate tool. It gives you a detailed report, including the cost of the home. The information may not be as accurate as one from an appraiser or real estate agent, but it is very reliable.
The Best Online valuation Tools
1. Property Price Advice
This is one of the most reliable online evaluation tools. All you need to do is enter your postal code and some information about your home. The information may include the age of the house and the number of rooms it has. Once the online evaluating tool collects the necessary information, it sends a copy of the appraisal to your email address at no cost. This evaluation tool is one of the most accurate in the market. The reason is that it uses intricate algorithms that consider all elements of the real estate market and the average cost of homes that are similar to yours. This tool can be used by individuals with houses in all parts of England and Wales. On rare occasions, the device also works for users in Scotland.
2. Right Move
This is a widely used UK bases online home evaluation tool. With close to a million users, it is one of the most accurate tools in the market. The tool helps users get information on previously sold houses and their cost, and an estimate of their homes cost according to the Land Registry.
3. Zoopla
This is one of the most popular home evaluation tools. It is a free evaluation tool that provides cost estimates for homeowners looking to sell, buy or rent homes. Using this tool is easy as all you have to do is enter the postal code or zip code of your home, answer a few mandatory questions, and you have an approximate estimate. The tool is reasonably accurate and has been used by several people over the years.
4. Love your Postal code
This is a reasonably accurate property evaluation tool established in 2004. It boasts of several hundreds of thousands of users and the value of accuracy it provides. In addition to property value, the device also helps users determine the amount of tax they have to pay on a property.
5. YOPA
This is a popular free evaluation tool in the UK. It is a free home property evaluation tool that only requires users to enter the address and postal code before getting evaluation results. Unlike other evaluation tools online, this tool does not give the exact price of the home but an average range within which your house falls. The site also offers an estimate of the value of homes in your neighbourhood.
6. Your Move
This is also a popular online evaluation tool used by millions of users in the UK. It is credited as one of the most accurate, fast and most natural ways of estimating property value. It is free and mostly used by sellers, home buyers, landlords, tenants and other home enthusiasts. Using this tool requires you to enter your postal code alongside some details about your home and an email address where the results of the evaluations will be sent. The device uses data from millions of property records hence the accuracy.
Features of the Best Online Evaluation Tools
Accuracy
An excellent online evaluation tool should be accurate or as close to as precise as possible. To achieve accuracy, these tools use algorithms that gather information on the real estate market, public records, records from the land registry and formerly sold houses. The information may not be as accurate as one from an appraiser or real estate agent, but it is very reliable.
Ease of Use
An excellent free online evaluation tool also needs to be easy to use. In most cases, they only require a postal code and information like the age of the home, size, number of rooms and unique features like a swimming pool.
