What is a guide price?

A guide price is a marketing figure, which is used to guide potential buyers as to how much a property could be worth. They are not necessarily figures which a property will sell for, the sale price will be dependent on bidding in the auction room. Guide prices can either be a single figure price or a price range. These may change at any time prior to the auction. The most up to date guide prices should always be showing on the property details page.