If you are looking to buy or sell a property then you always want to know that you are getting your value for money and therefore having a property which is accurately valued is very important. Property valuations can either make or break a property and if your property is undervalued you could find that you could suffer from substantial financial losses. That’s why it’s important to have an expert value your property, if you are going to put your finances in their hands.

There are many different elements to valuing a property and depending on the type of your property, you could find that it may be worth significantly more or less than what you expect. Location is one of the most crucial ingredients of property valuation and where your property is located can either make or break your property value.

If your property is located in an area where there are an abundance of schools, parks and other local amenities then you could find that it is worth significantly more than a property which is surrounded by an industrial estate. Likewise, you may find that if your property is closer to a major city or business district the value improves as more people want to live there, compared to somewhere that is further away.

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You need to consider the type of area that a property is in if you are looking to successfully buy or sell a property and in general this will give you a good idea of the property value. If you are still unsure then you may consider getting a number of valuations.