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Zoopla

SGE1 · 2009-04-30 18:30:04

For those who don't know - www.zoopla.co.uk What do people think of it? I've been using it to check out a few houses I'm visiting this weekend. Luckily, both were bought by the current owners fairly recently (one in July 2006, and the other in December 2002), so there's a recent price to go from, and I've collected quite a…

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silvercar Posts: 49,510 Ambassador

4 May 2009 at 11:11PM

Cozworth806 wrote: »

I figured that they simply applied an percentage change to find an estimate to prices that were sold, much like the Halifax or Nationwide index.
I.E. House A sold for £100,000 in Q4 2003 and over that period prices have increased by 50% so price is now £150k? House B sold for £180k in Q3 2006, prices have dropped 10% so is now worth £162k?
Nothing more amazing than that?

Totally agree, but that increase or decrease will be different depending on the area and possibly the type of property. I suspect the areas are quite small.

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