Skip to main content

Setting a price

Before you can put your home on the market, you need to work out how much it is worth and how much money you hope to get for it. Your selling agent will be able to help you with this.

How do I set a price for the property?

The price you set for your property will depend on:

  • the value of the property (your solicitor or estate agent will arrange for a valuation to be carried out before your home goes on the market)
  • the current housing market, and how much similar properties in the area are selling for (in a buoyant housing market, this could be considerably more than the properties are actually valued at)
  • whether you are setting an 'offers over' or fixed price (see below).

Price tips

  • Ask your solicitor or estate agent for help in setting the price. They will know how much similar properties have gone for and how much you are likely to make.
  • If you subscribe to HousepriceScotland.com, you can find out the prices that houses in your area have sold for in the past few years.
  • Check house prices for free at OurProperty.co.uk.

'Offers over'

An 'offers over' (or 'upset') price is usually the lowest price that you are prepared to accept for your home. You may decide to set the price deliberately below the value of the property, in order to generate plenty of interest from prospective buyers. Bear in mind, though, that if you do set the offers over price a lot lower than the figure you actually want to receive, you may be encouraging people to spend time and money surveying and making offers for a property they can't afford.

Fixed price

If you want to sell your home quickly and you know how much you need to make for it (for example, if you have already bought another home) then you can advertise the property at a fixed price. This means that you will accept the first secure offer made for that amount.

Fixed price properties are attractive to buyers (especially first time buyers) because they mean buyers can avoid the possibility of losing out in a bidding war.

You may consider selling for a lower price if an offer is made, especially if the date of entry (the day the buyer will pay you the money for the property) is convenient or your home has been on the market for a long time.

Scotland map Housing laws differ between Scotland and England.
This content applies to Scotland only.
Get advice if you're England

If you're still looking for help, try searching, or find out how to contact us

Was this page helpful?

This feedback tool can't offer advice. If you still need help, please call our free housing helpline on 0808 800 4444

Would you recommend Shelter Scotland's website to a friend, colleague or family member?
(0 - not at all likely, 10 - extremely likely)

Your feedback is being submitted

Success! Thank you for your feedback.

If you'd like to hear more about our work at Shelter Scotland, you can sign up to receive updates on our campaigns page.

Sorry, there was a problem sending your feedback to us. Please try again or contact us via the website if this error persists.

The fight isn't over - support us this summer

far from fixed campaign logo
It’s a disgrace that people are still homeless in Scotland today. Join our campaign
It’s a disgrace that people are still homeless in Scotland today.
Volunteer
Find out more about volunteering with Shelter Scotland
Volunteer with Shelter Scotland
Have you had a bad housing experience? Tell us about your story.
Share your story of a bad housing experience
£