HouseSniffer can offer expert advice regarding the price, that is acceptable to both parties. Current market conditions are proving very challenging, with a patchy market anything above the average level. Sellers are currently sitting on their properties, put off by current leglislation (HIP & low stamp duty thresholds), plus also the state of the market itself. Buyers are increasingly reluctant to act, as they perceive that prices will fall in the short and medium term. As such "forced sales" in this environment are likely to realise prices substantially lower than those initially advertised.

The model that HouseSniffer brings to the housing market is ideally suited to the current conditions. A realistic price will naturally be reached between buyer and seller, both have to be comfortable with the level set.

Price Guidelines

There are many sites available that highlight "sold prices".

One of the most useful is ourproperty.co.uk.

Of course there is RightMove, which lists sold prices as well as properties currently on the market.

Prices can also be found direct through the Land Registry, and they also provide useful monthly statistics. The latest publication is for December 2007 (released 29/01/08), and can be found here.

Prices can be adjusted over time to reflect the house price index. A very useful calculator can be found from Nationwide here.

Prices are then adjusted to reflect difference in house size/condition/garden/latest market conditions etc.

propertysnake.co.uk has an excellent search facility which allows you to see which houses have been reduced in price in your area.

Sometimes a seller has a price that they are "comfortable" with in their mind, HouseSniffer are there to facilitate, and make sure both parties feel happy with the end result.