Every day, more and more people are looking to sell their homes in order to buy a property where house prices haven’t risen as much. But with the average price of London houses now standing at £472,000, many people are wondering how much their own home is worth and whether they should sell up and move. With house prices rising all over the UK, it’s not just Londoners who are feeling the squeeze. So, what’s your house worth?
If you’re thinking of selling your home, the first step is to get an accurate valuation. There are a number of ways to do this, including online calculators, estate agents’ valuations and independent property valuations.
Why so many people are looking to sell their homes
The average house price in London has now reached £472,000. This is due to the ever-growing property prices in the capital. Many Londoners are wondering whether they should sell up and move, however, with property prices rising all over the UK, it’s not just Londoners who are feeling the squeeze. So what’s your house worth? The answer may surprise you.
House prices in London have been on the rise for years now. The average price of a home in the capital has increased by £172,000 since 2007, and there show no signs of slowing down. This has caused many people to question whether they should sell up and move elsewhere in the UK, where house prices are not as astronomical.
However, it’s not just Londoners who are feeling the pinch. Property prices have been on the rise all over the UK, with the average price of a home in England now standing at £247,000. This means that even if you did sell up and move out of London, you would still be paying more than the average price for a property.
House Prices – Accurate valuation for your home
If you’re wondering how much your house is worth, it’s important to get an accurate valuation. You can do this by getting in touch with a few different estate agents in your area and asking for their opinion. It’s also worth looking at recent sales in your street or neighbourhood to get an idea of what your property might be worth.
Of course, the final decision on how much to sell your house for is up to you. But if you’re thinking of selling shortly, it’s worth keeping an eye on the London property market. Prices have been rising steadily for some time, and they show no signs of slowing down.
With London property prices rising faster than anywhere else in the UK, it’s not just Londoners who are feeling the squeeze. Homeowners all over the country are seeing the value of their property increase, but they may not be able to cash in on it if they need to move.
The London housing market has been buoyant for some time, but the latest figures show that it is now at its strongest since the financial crisis. Prices in the capital have increased by 10.5% in the last year, and they are predicted to continue to rise.
If you’re curious about how your home stacks up in the London housing market, or want to get an accurate valuation for your property, contact us. Our team of experts have years of experience valuing homes and can help you understand what your house is worth. With our current real estate market, it’s more important than ever to know exactly where your home stands – so don’t hesitate to reach out!