How does the fair-value check work?

It divides the asking price by the floor area and compares that price per square metre with the median of homes of the same type sold in the postcode sector over the last 24 months.

Is the check a valuation?

An index-based comparison of sold prices, not a valuation.

HouseMarketBook

Fair-value check

Is this price fair for the floor space?

Type the asking price, the postcode and the floor area. We compare its price per square metre with what homes of that type sold for in the postcode sector in the last 24 months, from HM Land Registry and EPC records.