The property report valuation is not realistic.
Please note that the report is an online estimate and should be used as a guide. The report is calculated through the source data from recent sales in the area of comparable properties.
As the reports use an average of sales data, it will not drill down into the individual nature of a property. For example, if you've recently completed extensive renovations to the property, or have better than average fixtures and fittings, they will most likely not be reflected in the valuation figure.
Any questions? Get in touch with a Lendi Home Loan Specialist.