How to use the online property valuation calculator
Complete all fields as carefully as possible. The more accurate the information you provide, the more accurate the calculated price will be. One of our specialists will contact you with the result; if you would like a more precise valuation, please send us photos of the property and its floor plan.
When you need a property valuation
You will most commonly need a property valuation for the bank when applying for a mortgage and when selling a property. Other cases include probate and divorce proceedings.
You will also need a property valuation for the tax office to calculate tax.
Property price trends
According to the Czech Statistical Office (ČSÚ), the year-on-year index for flats as at 15. 7. 2024 was 94.4 and the year-on-year index for houses was 100.8.
Family house
According to the Czech Statistical Office (ČSÚ), the average price of a family house in 2022 was CZK 49,834 per m², and CZK 104,195 per m² in Prague. House prices increased by 11% year on year.
Flat
According to the Czech Statistical Office (ČSÚ), the average price of a flat in 2022 was CZK 61,797 per m², and CZK 112,677 per m² in Prague. Flat prices increased by 16.3% year on year.
Cost of a property valuation
A property valuation costs from CZK 1,500 to CZK 8,000, depending on its purpose and who prepares it.
There are three different situations in which you need a property valuation. This determines who prepares it and what you can use it for.
Bank property valuation
If you need a property valuation for a mortgage, you need to contact the bank directly, which will put you in touch with its specialist. Some banks provide valuations free of charge, while others charge for them.
Market property valuation
When buying or selling a property, you will primarily be interested in its actual value so that you can assess whether the asking price is appropriate. A market property valuation is prepared by real estate agencies (free of charge in most cases) or an independent valuer.
A real estate agency can also prepare a valuation for probate proceedings, the settlement of jointly owned marital property during divorce, or the settlement of co-ownership of a property.
Court property valuation
This is known as an expert opinion and is prepared by a court-appointed expert. It is required in all cases where you are resolving a property dispute in court,
- enforcement proceedings,
- divorce,
- insolvency proceedings,
- etc.
You will also need a court property valuation if it is required by the tax office.
The cost of an expert opinion varies according to the type of property. An opinion for a flat costs from CZK 3,000, while an opinion for a house costs from CZK 5,500.
A property valuation is usually completed within 3–7 days.
Online property price estimate
If you do not need an opinion from a court-appointed expert or a bank, you can use our online property valuation calculator. We monitor all price maps and completed prices in the Land Registry (katastr nemovitostí). Simply enter the details of the property and we will calculate its value.