What is the difference between a property valuation and a house price estimate in the UK?

A UK property valuation is normally produced by an estate agent or surveyor who considers the property’s condition, features and the most relevant comparable sales. A house price estimate is often created using historic sale data and trends, which means it cannot properly account for upgrades, layout differences or the standard of presentation. For accurate decision making, homeowners often use online estimates as a starting point and then book a professional valuation to confirm a realistic figure.