What’s the Value of my House in Rochdale?

In recent years there has been a lot of movement in the housing market with fluctuating house values, so if you have not had your property valued recently, you may be wondering – what is the value of my house in Rochdale?

It is always a good idea to have an up-to-date valuation of your property for financial planning purposes. Keeping track of your property value will help you choose the optimal time to sell if you are considering selling your property in the future.

If you have already received a valuation for your property, the value may have changed, or an estate agent may have over-valued or under-valued your house in Rochdale. In this article, we explain how you can check the value of your house in Rochdale and the best way to get an accurate valuation.

Where Can I Find an Estimated Value of My House?

There are several ways to find an estimated value for your house. These are some of the options:

Check Sold House Prices of Similar Properties

You can use several portals to find out how much similar properties in your area and across areas of Rochdale, such as Bamford, Milnrow, Littleborough or Newhey, sold for. These are some of the best websites you can use to work out the market value of your house:

Land Registry

The landregistry.data.gov.uk website allows you to search for sold properties by providing details such as the street name, entering the postcode and the locality. You can also filter by property type, so you can select your street and specify if your property is semi-detached, terraced, or whichever property type you have to see the sold house prices. If there are no recent property sales on your street, you will need to expand the area you want to search.

Zoopla

Zoopla is another portal that will provide you with the latest property sale transactions to determine your area’s house prices. It also provides you with an estimated valuation for your property. You’re probably thinking – will this give me the current value of my house? This is where you need to be cautious, as they might not provide an accurate valuation.

Be aware that the valuation will be estimated based on the details made available at the last sale, so if home improvements have been completed, or there are any property issues that could reduce the value of your property, these may not be factored into the valuation.

Rightmove

This property website will also enable you to search for sold prices in your area and show you how many properties in your area are on the market. The Rightmove website will also provide you with information, such as how long the property has been on the market, which may indicate whether the price has been set too high.

Track House Price Trends in the Rochdale Area

The information on sold properties will only usually become available after 3 to 6 months, so it is also important to monitor house price trends to see whether the house prices in the Rochdale area have increased or decreased.

You can use the government website to check local authority or county market trends. You can see the most recent house price trends in the Rochdale area, including the average price and the percentage of change.

You can also use the Halifax website to see the Halifax House Price Index, or Nationwide also shares their house price index on their website.

Check House Prices in Your Area

You can check on the local estate agent websites and property listings to review the asking prices of similar properties on the market to get an idea of what property valuation an estate agent may give.
Remember that the prices listed may not be what the property sells for and in some cases, the vendor will have accepted considerably less than the initial price for which the property is advertised.

Adjust for your property

There are lots of factors that could affect your property’s value, so even if what seems to be a similar property sells for a specific price, this does not necessarily mean your property will sell for the same price. For example, these are some of the factors that will impact your property value:

• Quality of home improvements, extensions, conservatories etc.
• Local amenities and proximity to schools
• Garden size and whether it is south-facing
• Public transport and local transport networks
• Parking options
• Neighbourhood reputation and crime rates
• Noise pollution and air pollution

How Do I Find the Value of My House? – Arrange a valuation

There are a few options that will provide you with a more accurate valuation to compare to your estimated valuation:

Online instant valuation

Some estate agents offer an instant valuation to give you a rough estimate of what your home is worth. While this will not be as accurate as an estate agent valuation where the agent visits your property, most estate agents can give you a very accurate current house valuation based on the details you provide. One of the benefits of an online valuation is that you can get a quick idea of your property’s value, even if you are not ready to sell at this point.

You simply enter details such as an address, number of bedrooms, and email address and will be sent a property valuation. At Cowell Norford, we provide instant valuations for properties in Rochdale, and our online valuation tool is quick and easy to use – just complete this short online form.

Estate agent property valuation

We recommend arranging for a property appraisal from at least 3 local estate agents for the most accurate property valuation. Estate agents sometimes overvalue a property to secure the customer, so be aware of this when you get your valuations.

Get an Accurate Property Valuation

At Cowell Norford we pride ourselves in providing accurate house valuations in the Rochdale area. If you want to find out how much your house is worth, we will happily provide an expert property valuation. Contact us today to arrange a valuation with our team.

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