News
Seller asking prices now 11.6% above market value, TwentyCi finds
The East of England saw the biggest jump, with the number of overpriced homes rising 19.3% compared to last year.
Property Valuations
Opinion
Air conditioning shifts from luxury to necessity in UK homes amid rising temperatures
Jack Malnick, Verona Frankish, Marc von Grundherr, and Sian Hemming-Metcalfe discuss how air conditioning is rapidly shifting from a luxury to a necessity in UK homes amid record heatwaves.
News
Japanese knotweed wipes £21.4bn off UK property values, finds Environet
The study showed 7% of homes were hit by knotweed, lowering average values by about 5%, or £13,500 per property.
News
Bath Building Society launches decisioning engine to speeds up property valuations
Kyle Greck said: “This new property decision engine helps us provide answers sooner, which can make a real difference during a property purchase."
Technology
Rightmove reports 50% surge in agent valuation leads
The suite of valuation tools aim to give agents more digital opportunities, helping them focus on specialist skills and local knowledge to win instructions.
Technology
Countrywide Surveying Services launches SurveySphere tool
SurveySphere allows surveyors to carry out secure, guided video inspections in real time using a mobile device held by the property occupier.
News
Three quarters of homeowners unaware of their property’s value, research reveals
More than half (64%) undervalued their home when selling, highlighting a knowledge gap that could leave many sellers at a disadvantage in the current market.
News
Well-kept gardens can add up to £6,000 to property value, research reveals
Saddat Abid, CEO at Property Saviour, said: “The garden is your first impression – and in today’s competitive market, you can’t afford to get it wrong.”
News
Brits miss out on £50,000 added property value by neglecting gardens, research finds
Research from savings platform Raisin found only 16% of Brits said they were investing savings into upgrading their garden or outdoor space.
News
Rat infestation could knock up to 20% off property values, warns property expert
Saddat Abid said infestations can knock up to 20% off a property’s value, which works out to £53,663 on the average UK home.
News
REalyse launches AI-powered tool for mortgage brokers
This tool allows brokers to generate accurate, branded valuation reports and demonstrate local market expertise quickly.
Scotland
Council Tax reform in Scotland must address outdated property valuations – IFS
More than half of properties in Scotland are now in the 'wrong band' when comparing current values to the 1991 assessments.