Posted on 26th April 2025
If you’re thinking of selling your property, one of the first things you’ll need to do is get an up-to-date valuation. At Venture Properties, all of our valuations - whether it’s sales or rentals - are free and there’s no obligation to use us if you choose not to.
How to book a valuation
Either call your local Venture office or click on the links below:
For a sales valuation
https://www.venturepropertiesuk.com/sales/sell-your-property/valuation-form
For a lettings valuation
https://www.venturepropertiesuk.com/lettings/let-out-your-property/valuation-form
How do you value my property?
Our experienced valuers will know immediately a rough valuation for your property based on its location, type of property and number of bedrooms. However, we always do our homework to make sure and by this we mean price ‘comparables’. This is researching what has sold or let in your area and for how much. Our negotiators working in our offices, when booking your valuation in, will always try and get as much information to assist our valuers, for example if you’ve recently built an extension or had a new kitchen.
What factors will increase the value of my property?
The single most important thing that will add value to your property is its location. Aside from this, factors that you can actually control mainly revolve around condition and size. Adding an extension, increasing the number of bedrooms and/or reception rooms will add value. Garages and driveways are increasingly sought after too.
But it doesn’t have to be really expensive, major works like this. Making sure your property is well-presented throughout for marketing and viewings is crucial. Plant flowers in your garden, turn that bold wall into a neutral colour or simply de-cluttering can help to add value.
What factors will decrease the value of my property?
Putting area aside, if a property is in a poor condition throughout and hasn’t been well-maintained this will decrease the value. Not just aesthetically, but if doors and windows are old, the roof is missing tiles or there’s sign of damp and mould, you will have to be realistic about what kind of offers will come in for your property. Any potential buyers are not going to just factor in the cost of works, they’ll also factor in the amount of time it will take them to either do the works or project manage the works. Time is money after all.
What would you recommend?
If you’re going to sell your property, don’t spend massive amounts of money building an extension or installing a new kitchen. If you spend £20,000 on a new kitchen, it will not add £20,000 to the value of your property. Make it look aesthetically pleasing and be realistic with whether what you spend on getting it market ready, you will get back in terms of adding value. Our Valuers are experts so will be able to advise on this - they’ve seen thousands of properties over the years so nobody knows the market better than they do.
If you’re letting out a property, make sure it’s neutral throughout and in a good, clean condition. Ask yourself… would I be happy to live in this property?
Why is getting the price right so important?
Some agents use a tactic called overvaluing to win your instruction. Basically, they’ll give you an unrealistically high price which sounds fantastic but the property will sit on the market, not sell or let and then they’ll persuade you to reduce your price once you’re locked into a contract.
We always value properties realistically as we want to be honest with you and we want to sell or let your property quickly.
With selling, there’s not just the speed of the sale to consider. Even if you manage to sell your property for £30,000 over what it’s worth, if your buyer has a mortgage, their lender will do a valuation of your property and won’t offer a mortgage on a property that is overvalued. They will simply ‘devalue’ the property and advise that all the evidence suggests what their client is buying the property for is simply too much. You’re then likely to lose your sale.
Summary
In summary, there’s a lot to consider before placing your property on the market but getting a free, no obligation is the first step. The next is choosing Venture and allowing us to find you a buyer or tenant for a price you’re happy with and is realistic.