The guesswork pricing estimates on this site have to be shut down immediately . Their new algorithm just aint worth the screen time to take seriously.
But the worrying fact is people believe what they are seeing , so some innocent party puts their home on the market
1st the Estate Agent comes into value the property & if they've paid their annual fee to Zoopla for use of their site of coarse they are going to check the approx street house price ..only to be misinformed by guesswork.
2nd What you might have thought your home was worth prior to Zoopla shuffling the deck has fallen through the floor . Not because it was built on a cliff edge or a recently found floodplain only because someone getting paid to much behind a computer at Zoopla has made an uninspired guess.
3rd Then would come the hard bit people viewing your home online and in person wondering whats wrong with it as the price seems to low for the property size or the area its in.
I have had their guess at my property removed, now stated as "Not Known" but again their incompetence still shines through go further down the page & click on Remortgage Calculator & the value mid estimate of their old system jumps up .
How many home will be devalued by this companies errors & will they be held responsible....
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