Market Valuation Tool

If you’re trying to decide how much rent you can charge when letting a property, use our Market Valuation Tool. Free, online and easy to use, this tool is a great way to get an idea of what sort of rent to set for your property.

Enter property details and get valuation

Simply enter a few property details like:

Property type (a flat; studio; detached house)
Number of bedrooms
Furnished state

Then click ‘Get Valuation’.

Enter property details and get valuation

Show results for similar properties in the area

Get real time results for similar properties listed in the area, including price, how many days they have been listed and view the listings on Zoopla.

Book a call to finalise valuation

Want your valuation finalised? Simply book a call with our lettings experts who will ask a little more information and help in giving you a more accurate, final valuation.

Refreshing and user friendly. So much easier than the traditional process. Being able to speak to the landlords direct and building a relationship of trust early on I found to be hugely beneficial. At last, a unique and time saving innovation.

Allen Panter

What is our Market Valuation Tool?

This online tool gives you a broad idea of the monthly rent you could be asking for your property. The tool looks at:

The current rental rates of similar properties in the area based on its postcode
Configuration, including number of bedrooms
Whether or not the property is furnished

Why do I need a market valuation tool?

As a landlord, it’s important to set the right rental price for your property. It is always useful to know the going rental price for similar properties in your area. You don’t want to set your rent too low and short-change yourself on your investment. But, if you set the rent too high, you’ll find it difficult to attract or retain long-term tenants. They’ll soon find out what their neighbours are paying…

It’s all about what your property is worth to the people who want to live there. And that largely comes down to location. Letting property in London might mean a high initial investment because of the inflated property prices, but you should be assured of a steady rental yield because of the continuous demand.

Get started with your next property rental

Whether you’re becoming a landlord for the first time, or you are already successfully renting a number of properties, there are many ways Mashroom can help. From getting a rough estimate of what rent you can expect with our Market Valuation Tool to finding suitable tenants and managing your property, we will ensure your next property rental is a success. Book a free 10-minute landlord consultation with our team today, and find out how we can help you best.

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Get started with your next property rental

Still have questions? We have answers

How does it work?

Our Market Valuation Tool analyses local rental prices relevant to your property. You just need to enter a few details: the property’s actual street address, what type of property it is (e.g. an apartment, studio, detached house etc.) the number of bedrooms and whether the property is furnished.

The tool looks at what similar properties in your area are renting for and gives you an estimate. While our tool is informed by huge amounts of data, it can only provide a basic guide. It cannot take into account more complicated features like your property’s condition, floorplan, lot size and local amenities, let alone current local demand.

Contact one of our expert lettings agents to get a more accurate estimation.

How much is it?

Using our monthly rent calculator is completely free. All you need to do is enter the address and some details about the property to our online form. We will provide an estimate of the value.

Who carries out the rental valuation?

The house price estimation is carried out automatically. You don’t need to speak to anyone directly at this stage.

When I’ve got my rental value estimate, what should I do next?

Once you’ve got a rough indication of the rent you can charge, browse properties available for rent in the same area. Get an idea of what’s available in the same price range and how your property stacks up in comparison.

Then contact Mashroom and ask to speak to one of our expert lettings’ agents. They’ll quickly be able to give you a more accurate idea of your property’s rental value based on a more detailed understanding of your property’s condition and its features. For example, they will ask you about the number of bathrooms, and whether it has a garden or any parking. The agent will also want to know about the property’s proximity to amenities like schools, shops and transport.

Should I consider improving my rental property?

If your rental value estimate seems to be on the low side, consider what steps you could take to improve it. You want to get the highest rent possible. Could you increase the rental value by re-decorating or renovating? Would the property do better if available as furnished? Could you create off-street parking by adapting part of the garden? What would help your property stand out from the others?

Before you invest money into improving your property, don’t forget to add up all the expenses of being a landlord. Firstly, there’s your deposit and ongoing monthly mortgage repayments to consider. Then, unless you’ll be renting out your property privately, you’ll have the costs of letting the property and ongoing management fees. If you use Mashroom’s service for landlords, you won’t pay fees higher than 3%, much lower than the high street average of around 10%. You’ll also have to pay landlord insurance, plus pay for your property’s various legally required certificates including EPC, EICR, and gas safety.