Key Factors Affecting Property Valuation
Timing
House prices move in cycles, the credit market market being the most important factor that drives the property cycle, if banks are not lending money, values will be depressed, and so will I..
Location
Look for areas where there is rapid economic development and regeneration, local governments often offer incentives to developers and investors will generally flood in. This will create demand induced price inflation.
Convenience
Transports links, shopping and parks are all important to the value of any property. Schools and child care availability are a big one.
Style and age of Property
Period versus new build, large houses versus apartments or flats. Typically demand for certain lifestyles will play into the style that people aspire to own and thus value.
Demographics and Macro Economic Trends
Social trends in population size and average ages of people will effect value.