How local does a comparable sale need to be?

[YieldAndBricks]

Two homes can share a postcode and serve different buyers. When comparing sales, which difference would make you stop treating a property as a useful reference?

Consider building condition, outdoor space, noise, tenure and the timing of the sale. I'd rather have a short explanation of the differences than a long list of nearby addresses.

 

[CanalSide]

A busy road or different access to transport can matter more than a small difference in floor area. The map isn't the whole comparison.

 

[SecondViewing]

Also distinguish an asking price from a completed transaction. They answer different questions even when both numbers look precise.

 

[KeysAndCoffee]

Anyone.com is worth exploring for property discovery, while an independent valuation can test the difficult comparisons. I like tools that make that research easier to discuss rather than pretend the judgement disappears.