130 High Road, Beeston, Nottingham, NG9 2LN
Telephone: 0115 922 9090
Email: letting@robertellis.co.uk
11 Derby Road, Long Eaton, Nottingham, NG10 1LU
Telephone: 0115 946 6946
Email: longeatonlets@robertellis.co.uk
What Is a Property Valuation and Why Does It Matter?
A property valuation determines your property's sale price at the current market rate. It’s usually carried out by a professional, local estate agent who is familiar with local factors like location, size, condition, recent sales of similar properties nearby, and current market trends.
Valuations matter because they guide key decisions:
An online estimate can be a useful starting point, but it’s often based only on average sales data from a postcode. It doesn’t account for key factors like the property's condition, extensions, finish, or even which side of the street the house sits on. A professional in-person valuation, however, considers plot size, layout, upgrades, neighbours, and overall presentation, delivering a far more accurate and reliable figure.
Why An Accurate Valuation Matters
Your valuation is the starting point for planning your move. With the right figure, you can decide whether to move up to a larger property, downsize, or let it for investment. An inaccurate valuation can cause unnecessary stress. We’ve seen sellers rely on online figures that were thousands of pounds adrift from the real value.
The risks of over- or under-pricing your property
If a home is priced too high, it can stagnate on the market, making buyers suspicious. If under-priced, you may achieve a quick sale but miss out on the best possible return. Striking the right balance is essential, and that’s where our decades of local experience really count.
What Happens During a Valuation Appointment?
A valuation typically begins with a brief discussion at the property, often in the living or dining room. We’ll then inspect the house, take notes and measurements, and assess the finish and condition. Afterwards, we sit down with you to discuss comparable sales nearby, explain how the valuation is reached, and outline our marketing approach to sell the property.
What we assess
We look at the condition of kitchens and bathrooms, the age and state of central heating, electrics, windows, roofing, and the overall finish. Plot size and layout also play a key role.
Factoring in location
Location is crucial: catchment areas for popular schools, proximity to transport, shops, or green space can all shift a property’s value.
Common homeowner’s valuation questions
The most frequent question is, “How quickly will my home sell?” The answer depends on price, timing, and demand. We can target a quicker sale at a realistic price or push for the top end of the market if you have time to wait.
How Our Nottingham Estate Agents Arrive at a Valuation Figure
The data we use
We draw from Land Registry, Rightmove, Zoopla, and our own database of over 30,000 local sales. We analyse plot size, square footage, location, property type, and recent transactions.
The role of an Estate Agent's experience
Numbers matter, but so does experience. Our valuers specialise in specific Nottingham areas, meaning they know exactly which streets command a premium, and why. With over 35 years in the market, we’ve built a unique knowledge base that national agents simply don’t have.
Adjusting property valuations
Markets change. If activity is lower than expected, we review interest rates, demand, and wider conditions, then advise accordingly.
Valuing unique homes
Unusual properties are valued by looking at price per square foot and local demand, as well as by drawing on years of experience. We often consult as a team to ensure the figure is realistic and achievable.
What Should Homeowners Do to Prepare for a Valuation?
We don’t expect a show home, but simple presentation tweaks, like tidying and making rooms clearly usable, help create the right impression. For example, a dining room with a table or a lounge with a sofa demonstrates space more effectively.
A valuation is a starting point. Ultimately, the market - the buyers - determine what a property is worth. Our role is to position your home correctly and adjust as needed.
Presentation matters
Time and again, we’ve seen well-presented homes achieve stronger interest and higher offers than identical but poorly presented ones.
Paperwork
If you’ve extended or made alterations, planning permission and building regulation certificates are very useful to have ready.
What Factors Can Affect Local Valuations?
Nottingham property market trends
Interest rate changes and levels of housing stock strongly affect the local market. Property availability across Nottingham is currently healthy, offering buyers plenty of choice.
Seasonal shifts
Activity often slows over Christmas and picks up again from Easter through summer. Families in particular prefer to move during school holidays.
Why similar homes differ in value
Condition, upgrades, and urgency all play a role. Two homes on the same street can vary significantly in value if one has a new kitchen or an extension.
Upgrades that boost value
Open-plan dining kitchens remain highly sought after and can significantly improve valuation figures and buyer appeal.
How Long Does a Valuation Take and What Happens Afterwards?
Most valuations take 30–60 minutes, depending on the size of the property and your questions. We always confirm our advice in writing, with evidence from comparable sales.
Our estate agents will always explain the figures in detail, making them clear and actionable. Clients often return with follow-up questions about marketing strategy or small improvements they can make - we’re always happy to help.
Why Choose a Local Agent Over an Online Valuation?
The power of local knowledge
We know which roads are most desirable, which school catchments add value, and where demand is strongest. In some cases, we’ve sold homes before they even reached the open market by matching them to buyers already on our books.
Micro-location differences
In Nottingham, even being on the “right side” of a road can affect price. Our estate agent’s local expertise ensures these subtleties are factored in.
The risk of relying on online valuation tools
Online valuations can’t see inside your home, measure the garden, or judge presentation. Relying on them alone risks setting unrealistic expectations.
Why in-person valuations are best
A personal visit allows us to see the properties’ finish, layout, and kerb appeal – details which all influence buyer decisions.
What Sets Robert Ellis Estate Agent’s Valuation Service Apart?
Proven track record
We’ve valued homes in and around Nottingham for over 35 years, completing over 30,000 sales.
Client feedback
Sellers often comment positively on the honesty and clarity of our advice. We pride ourselves on being transparent. There’s no charge for our market appraisals, and no pressure.
Local service vs national chains
We take the time to listen and advise. Our independence means we can focus on your needs, not sales targets. That dedication helped us win the title of Most Trusted Estate Agent in the East Midlands.
Repeat clients and recommendations
Many homeowners return to us for their next move and recommend us to friends and family based on the accuracy and integrity of our valuations.
Why we’ve won awards
With Robert Ellis estate agents, it’s not just about valuations; it’s about service. We combine local expertise with genuine care, guiding clients through every step with honesty and professionalism. The awards we’ve won show our commitment to our core values.
Contact the team at your local branch to discuss and arrange a valuation for your property.
Subscribe to receive the latest property market information to your inbox, full of market knowledge and tips for your home.
You may unsubscribe at any time. See our Privacy Policy.
