Houses are selling again

chucky

bo_drinker wrote: »

What levels are prices at now 05 /04 ????

Sensibly priced places are shifting here slowly, going to view one on the weekend.

it depends London seems to be somewhere late 2006 and early 2007 that's not including increases in the last month and the ones coming due to the time lag factor on the Land Registry numbers

lostinrates

MissMoneypenny wrote: »

Back to spring 2004 in my area according to the Land Registry data.

You can check your own area on this link.

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/

OMG thats astaounding....just did our area, and yes, as I had thought with my own (very crude) evaluation: prices are barmy here!

The graph suggests we are at 04 prices here: however, prices just rocketed 02-04 here, in a scary way

bo_drinker

MissMoneypenny wrote: »

Back to spring 2004 in my area according to the Land Registry data.

You can check your own area on this link.

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/

Thanks, possibly 05 here up on 04 anyway

mewbie_2

lostinrates wrote: »

OMG thats astaounding....just did our area, and yes, as I had thought with my own (very crude) evaluation: prices are barmy here!

The graph suggests we are at 04 prices here: however, prices just rocketed 02-04 here, in a scary way

Which means..... they have further to fall. I thought I'd spell it out. If you repeat the same message long enough even the bulls might give up.

MissMoneypenny

chucky wrote: »

it depends London seems to be somewhere late 2006 and early 2007

The London region average is showing back to Aug/Sept 2006, if you look at the data below the graph, on the website.

Not sure if this link will work
http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?step=4&locationType=5&area=E%26W-ALL&areacompare=London&reporttype=4&datetype=1&from1=01%2F2004&from2=03%2F2009&image2.x=19&image2.y=11

Mexas

Dithering_Dad wrote: »

Welcome to MSE, Mexas.

Cheers!

Long time lurker, no idea why this thread made me register though :T

chucky

MissMoneypenny wrote: »

The London region average is showing back to Aug/Sept 2006, if you look at the data below the graph, on the website.

Not sure if this link will work
http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/default.asp?step=4&locationType=5&area=E%26W-ALL&areacompare=London&reporttype=4&datetype=1&from1=01%2F2004&from2=03%2F2009&image2.x=19&image2.y=11

yes agreed the graph only went to Jan/Feb - i was factoring in the data from Jan/Feb onwards

michaels

Round here even the 'on the market for 18 months' stuff is selling. Just did a right move within quarter mile and 14 of 27 are sold or under offer. Most of the others are recently on (all the sales have brought forth some sellers finally) and at higher prices than at the turn of the year. Only the flats still seem to stick a bit - anything 3 bed and above is gone within a week or so. My theory is that without mass unemployment; low interest rates and equity from having had a house for more than 3 years makes moving very easy at the moment - as long as you ignore the doom and gloom merchants...

mewbie_2

michaels wrote: »

as long as you ignore the doom and gloom merchants...

...and the difficulty in getting a mortgage.

Dithering_Dad

MissMoneypenny wrote: »

Back to spring 2004 in my area according to the Land Registry data.

You can check your own area on this link.

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/

We're down to Feb 2006 in my area.