How much is my house worth?
It's very easy to find out how much your house is worth.
You have 3 options when finding out how much your house is worth.
1) Find out your current property value from a mortgage lender
In the current credit climate the only sure way of finding the true value of your home is to find out how much your mortgage lender thinks it is worth.
It doesn't really matter how much an estate agent tells you it is worth if your mortgage lender does not agree and therefore does not lend the money.
If you are thinking of moving, or remortgaging, you can apply for a Decision in Principal from Nationwide online which will provide you with all the facts.
Latest mortgage deals through Nationwide2) Find out how much your house is worth online based on similar recently sold properties in your area.
This method is the least accurate as the house price data is generally a few months out of date due to the time properties take to exchange.
3) Find out how much your house is worth by getting a valuation in person by an estate agent
Most estate agents will tell you how much they think your house is worth. Some will tell you over the phone but most will arrange a property valuation in person to get a better idea of the state of the property.