The house bought for £135,000.

What was purchased.

The teaching material records a £135,000 purchase before auction in 2026. The property has four bedrooms, two bathrooms, approximately 1,216 square feet of space, a conservatory and a large plot. The material shows an EPC rating of C.

What the comparisons tell us.

Local comparable sales are shown in a range of £200,000 to £240,000. They provide context for assessing the purchase price, rather than a confirmed valuation of this particular house.

Comparisons need to account for property type, size, tenure, condition, location and sale date. They do not establish that the house has subsequently sold within that range.

What still needs assessing.

A buyer should consider the property’s condition, any necessary works, the legal position and the costs of purchase and ownership. Those costs are separate from the £135,000 price.

The useful question is whether the acquisition works after a realistic allowance for costs and uncertainty, rather than simply comparing the price with the highest nearby sale.

Historical example. Estimated values and comparables are not a guarantee of returns. No realised profit is stated.