A guide price is far more likely to be subject to negotiation and for some estate agents, it can be a way to encourage more people to come and view the house for themselves.
Even with the best will in the world, people leave companies, go on holiday or fall sick. While none of us can foresee the future, it’s something we prepare and plan for very carefully at loveyourpostcode.com.
In addition to our valuation tool, you should also consider looking at what prices similar houses are on the market for in your area.
When someone dies, their executor or administrator needs to work out how much the estate is worth for probate, including the value of their property.