Property Valuation

Had mine valued a week ago. They basically look around the area for similar sized properties. They give 3/4 examples and suggest a price in and around those. Assuming the house you mentioned wasn't widely or of line with prevailing valuations you shouldn't be too far off

Exactly, I don’t even know why they bother visiting the house. Whatever you paid is usually the number.

Bank supplied valuer for my remortgage asked me what I'd told the bank. Valued it at that. Suspect that if its not a smoking hole in the ground or you're not looking for much beyond a previous PPR sale you can all but specify what you want.

I had a valuer around during the week, as looking to move to a lower loan-to-value ratio.

Contrary to some above comments, I found that he took a proper look around the house. Took measurements of the house and garden. Took a look at all the rooms. Obviously noted the number of rooms, but also downstairs toilet, en suite etc. Noted that the kitchen was relatively new, and new wardrobes. And took some photos.....basically all the points which seem relevant to arriving at a valuation.

He mentioned another property currently for sale/under offer in the estate, so clearly this will be the starting point for the valuation, but adjusted relative to the above points.