Whether you’ve owned your home for years, were unlucky enough to buy at the pinnacle of the house-price assent or are looking to make your first move onto the ladder and bag yourself a bargain following the crash, there’s one thing you’ll be interested in; how much your house is worth now.
There are some really useful tools on the internet today that can help you assess the likely price of your current house or a property that you are interested in. Sites such as nethouseprices.com allow you to track the houses that have sold in your street or locality. You can get information on current sales prices and also track them back for several years. This will help you follow the price trends in your area and aid you in making an informed decision as to the area you should be looking to buy in or whether now is the best time to sell your existing property.
All you need to do is enter your postcode, or the postcode of the area that you wish to live in, and you will be given pages of latest properties that have been sold, what they were sold for, details of that property and a map to pinpoint the location (useful if you are trying to determine an area in which to buy).
Of course, these sites serve as a guide only and if you are serious about buying or selling, an official evaluation is the only way to go. But as a method of monitoring the market while you make your decision, the information provided by these tools can act as a good rule of thumb. At the very least, they allow you to nose at what your neighbour’s place fetched! You will probably notice, however, that the amount of sold properties featuring in 2009 months is rather limited due to the crash with far less people buying and selling being recorded. It’s worth checking out and keeping this tool in your back pocket if you’re interested in property though.