Levenshulme and Burnage Property News
A fine balance
Almost half (45%) of UK homeowners undervalue their home, according to new research by Zoopla. On average homes are undervalued by just over £46,000.
In comparison, 1 in 4 homeowners believe their property is worth more, one in 10 of these predicting it was worth over £100k more.
With just 3 in 10 people having an accurate idea of their home's value, it is no surprise 78% of sellers state ‘Good Market Knowledge’ is a top priority when choosing an agent (Dataloft, Property Academy, 2020).
Collectively, Zoopla’s research suggests the average UK home is worth over £9k more than its owner realises, the figure in London more than double the national average (£22,846). Source: Dataloft, Zoopla
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About The Blog
This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
Manchester is one of the fastest growing markets in the country. If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience and local knowledge to help.
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