The average homeowner gained £19,000 on their home's value in 2022.
But now house prices are starting to fall, and we're expecting further falls of up to 5% this year.
So you might be wondering what's happening to your home's value.
That's where we can give you a hand.
We can tell you what your home’s worth right now, if you're gaining or losing value, and how much equity you've gained since you bought it.
Not to mention how long it’d take you to sell and how your home stacks up in the local market.
Here are 8 easy ways to find out if you’re gaining value on your home.
1. Get an instant valuation
Be proud. It’s yours and you love it.
But are you still making money on your bricks and mortar?
And how has its value changed over the last few years?
Just pop in your postcode. We'll show you the rest.
2. Work out your equity
Want to know how much of your home is actually yours?
That’s where equity comes in: it’s the amount of cash you could take away from your sale.
And it’s probably looking pretty healthy after the last couple of years of house price growth.
So head to our equity calculator in My Home. We’ll tell you how much money you could put towards your next place.
3. Keep an eye on your neighbour's place
It’s not stalking. It’s keeping an eye on the market.
Track your neighbour’s, mate's or boss’s place to find out what it’s worth.
After all, it’s just a good benchmark for your home, right?
Track as many homes as you like, any time you like, for as long as you like.
And we’ll send you its new price estimate every month. Job done.
4. See what’s for sale and sold nearby
Stop twitching those curtains. There's a better way to keep an eye on the neighbours.
We can show you all the recent sales and for sale properties on your street, whether it was last week or last year.
Go on. See whose home sold for the most, and use it to judge what you could sell for.
5. Get the low-down on your local housing market
Every town and city has a different housing market. Buyer demand varies across the country, which means a different impact on house prices.
Our local market stats can help with that, from the average house price and price growth to how fast homes are selling in your area.
6. Get to grips with the UK house price picture
It’s good to have a feel for what’s right when it comes to property.
The more you get to know the market, the more your instincts will take over when it comes to knowing what a home’s worth.
There’s no secret to it. It’s just about staying in the loop.
So park up with a cuppa and start with our latest House Price Index. It uses more data than any other, so we can share an accurate picture of house prices, buyer demand and time to sell across the UK.
You’ll be a property expert in no time.
7. Figure out what your asking price should be
An asking price is all about getting the most interest in your home to drive up its value on the market.
But set it too high and you could be left waiting.
Too low and you may later regret it.
How to set the asking price for your home
8. Get a free estate agent valuation
If you want to know exactly what your home’s worth, there’s only one way to know for sure: by getting a local estate agent round for a valuation.
Estate agent valuations are alway free when you book through us, and there’s no obligation to sell your home afterwards.
How do estate agents decide on a value for your home?
If you’re just starting to think about moving, it’s a chance to find out what you could sell for in the current market.
Or maybe if that new kitchen or garage conversion has added value.
Book an agent valuation to find out what your home’s worth, once and for all.