We have had our house valued at £5,000 less than we are marketing it for.I thought the market value of houses was what the buyer was prepared to payfor it. Other similar houses in adjacent streets have gone in excess of the£50,000 we are asking for though no houses have been sold down our streetwithin the last 2 years. Do the valuers have some sort of database theyconsult as two different companies have now valued the property at exactlythe same figure which to me is a bit suspicious. Once one has done thevaluation do they post it somewhere so the other subsequent valuations arein the same ball park. ( I sense a massive conspiracy in the valuation fieldor am I just being paranoid).There were a couple of inconsistancies with the last report as he said itwas a 4 bedroom instead of a 3 bedroomed. Should the bank be concerned aboutthis inaccuracy? I think the bloke really didn't know what he was doing. Hegot the postcode wrong plus the date the house was built. Should the bankkbe commisioning another report due to these errors? He also said he has noevidence that supported my figure (dispite houses selling for this price inadjacent streets within weeks) and then he said that there was high demandfor houses in this area.What does every one think about this?

I'm curious - where in the urban UK are houses still going at 50K ?

In article , DandelaMare-Lyon writesSorted at the moment but I'll bear it all in mind!..Regards

Where do the valueres get there figures from

Aug 16, 2003 21 Replies

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Dan delaMare-Lyon 22 years ago

Yes - I've got a s*it hot plumber - mind you he's a family friend. Think I have a general builder too. Roofer sorted (in Newmarket).

But to be fair the wife is an ex-buildings/civils QS so she knows the right sort of people :)

ANything you need?

Cheers Dan.

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tony sayer 22 years ago

Sorted at the moment but I'll bear it all in mind!..

Regards

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