Slight drawback Doesn't take into account the condition of houses so all it does is give an average for the area - gives £38k for mine yet I know loads have gone for £70k so how does that work?!
RE: Slight drawback Its because the prices go back about 5 years. They should be using some sort of weighted average. or summat. Wheres paul.d when you need him.
Its not a value price.... Its a price that they have as the last registered buy price. i.e mines in at the price I bought it 18months ago - with is about 65% of the value price !!