Did you know you can check to see when you home will be worth the big £1million using Zoopla’s £1m property calculator?
The calculator looks at how the estimated value of your home has changed over the last 20 years and uses this data to calculate an average past annual growth rate. The average is then applied to the home’s current estimated value to forecast when it could reach the £1m mark. The data is weighted based on growth rates across the UK to align with qualitative predictions. The data is based on Zoopla’s Automated Valuation Model (AVM) which draws on a number of sources, including government figures, data from our estate agents and information provided by our users.
You can read more about Zoopla’s value estimates here.