The valuation estimate, provided for every property in England and Wales and for some properties in Scotland, is calculated with a statistical model that reflects information on local market activity. Sometimes this will be different from the market value, but we make every effort to make the model as accurate as possible. The valuation should be seen as a starting point – it is not a professional valuation. You should always check with a property professional before making a financial decision.
The valuation estimates are updated monthly, as more information becomes available. Therefore the accuracy of the valuation estimates should improve over time. Unfortunately we cannot manually alter individual valuation estimates.
Additionally, registered users can now submit their own valuation estimates to the website. To do this, click the ‘give feedback’ link which appears next to the current valuation estimate on your property’s information page. Then, the next time the valuations are updated – subject to quality control checks – this estimate will be taken into consideration. Nb. After you have submitted your feedback it will take approximately 2 months before the system is updated.
Posted in: Questions about our data