Do you think you know how much your home is really worth? Would you be surprised if it was worth much more or much less? 


Many homeowners’ estimates don’t live up to reality, with 45% of respondents to a recent survey1 undervaluing their property and 25% overestimating its worth. Under a third were correct. Those who underestimated, did so by £46,305 on average, while those who overvalued thought their property was worth £44,313 more. Combining all responses, homeowners were shown to be underestimating the value of their properties by £9,470 on average, £237bn collectively.

Understanding your property’s value may have a significant impact on your life. Of those who sold their home after taking the survey, 81% said their unexpected windfall had enabled them to improve their lifestyle. 


1Zoopla, 2021

Catch up on our other blog posts:

Do I need to insure my insurance?

Do I need to insure my insurance?

Each year, we spend thousands on insurance, from our health and homes to our holidays, pets and cars. What would happen to that money spent on safeguarding if the insurer were to fail? For peace of mind, the Financial Service Compensation Scheme (FSCS) advises three...

read more

(Your home may be repossessed if you do not keep up repayments on your mortgage)

We charge a fee for arranging and advising you on the mortgage. The fee will be dependent on your circumstances but will not exceed £499. (Our typical fee is £299.)

For Lifetime Mortgages/Equity Release the fee will be £799.

Our mission is to provide honest mortgage advice, whilst helping you save money.

Get in contact

Flexible appointments

Or call —02380224925


Providing helpful and friendly mortgage advice in Southampton

First Floor, 9 Salisbury Road, Totton, Southampton, SO4O 2HW

02380 224 925

South Coast Mortgage Services Ltd is an Appointed Representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority. Registered Office: 59 The Avenue, Southampton, Hampshire, SO17 1XS. Registered Company Number: 08414746 Registered in England & Wales.