An independent UK property valuation expert has produced a useful tool for buyers, allowing them to see in one easy to understand format the value of their proposed home. The key feature of this tool is that it provides virtual viewings of how your home would look to potential buyers, when it comes to the various aspects of its appearance and location on the market. As the UK property market continues to be influenced by the ongoing economic situation, there are likely to be further changes which will be reflected in the virtual views of homes for sale in the UK.
The information is taken from the property sales in England, Wales, Scotland and Northern Ireland over recent years, and the valuation process includes taking into account various other factors. The information is then broken down into different categories, to provide an easy to read representation of the property’s location and average sales price. This allows you to determine quickly which areas of the country have the best opportunities for home ownership. The tool also provides exclusive first look views, so you get a first look at the properties which have been sold most in the area, giving you a much clearer picture of what is available to you on the market.
The purpose of the heat map is not just to highlight the best locations for buying a new home, but to identify potential hotbeds for investment. The more high-yield areas, a buyer has to choose from, the greater the chance of making a profit. Of course, as with any investment, you need to assess whether these properties represent a good buy, or whether you could do better. But with the uk property heat map, there is now an easy and quick method for this.
The uk property heat map was developed by the specialist residential property website, Zoopla. This company tracks the progress of homes in the UK’s most high-performing areas. It can identify the average sales price, the highest number of sales over the last six months, the highest number of completions over that period and the minimum price you would be asked if you were to buy a property in this area. Using this information, you can identify whether you are being offered a good deal by your chosen lender.
The heat map visualises all of the key factors affecting property prices – including historical values and current trends. For example, it shows how many times your property has been sold in the past, compared to the average number of times it has been listed on the market. It can tell you whether your valuation is based on accurate data, or if it has been reduced by a factor that may affect its actual value. It can tell you the minimum price you would be asked if you were to purchase a property in the area, and also whether any cash flow will be present. You will be able to see if any future developments are likely to increase the value of your home.
The property value/ yields map is one of several tools used by estate agents to assess UK property deals. This is the main tool used by Northern Ireland estate agents, who are able to identify the best deals on available homes. This tool is said to be able to provide information that is more in-depth than other price / yield tools. As well as providing information that is more in-depth, the tool allows for multiple inspections to be carried out and will also allow any updates to be made.
The property valuation/ yield map is based on data from the UK’s housing market. It is able to take into account the number of viewing sessions, average price per square foot, valuation across all property types and trends in recent months. It provides a more complete picture of how the housing market is doing, giving buyers a more detailed view of how the property market is doing compared to normal. For example, it will show you that properties on the south side of town are selling for less than those on the north side, which is something that can be difficult to achieve by looking at individual properties. The map allows you to see the average price per square foot across different rental classes, which will allow you to work out how much you could potentially save when renting your property.
The tool is said to make the entire process of buying a house or flat much easier for first time homebuyers. It has been designed to make the entire process as painless as possible, allowing first-time homebuyers to invest in their new home much more confidently. By using a UK Property Heat Map you can view information about property investment hotspots and potential investment hot spots. You can find out whether there are any particular areas that have seen more activity than others. You can also see what the average price per square foot is in different areas, which is helpful if you are planning on investing in a flat or bungalow. Best of all, with the heat map you don’t need to wait for your property to be sold by a property agent, which can take up to three weeks, as you can view the data immediately when you want.