The highest recorded sale on a street can be an interesting reference point. It is not a hard limit on every other property. A useful comparison explains the differences between homes rather than treating one number as a rule.
What to check.
Choose genuinely comparable homes
Match the building type, size, tenure and location as closely as possible. Record where a comparison differs instead of hiding the difference in an average.
Investigate the outlier
A record price may reflect more land, unusual accommodation or a different condition. Look for evidence before using it to justify a renovation budget or offer.
Separate research from valuation
Use your comparison sheet to ask a local valuer better questions. Costs of improvements and sale value are not interchangeable, and neither is guaranteed by an old transaction.
What the evidence cannot tell you.
HouseDossier’s sale comparisons are historical research. They are not a professional valuation, an investment appraisal or a guaranteed resale price.