When are sold house prices available?

not_tonight_josephine_2

Hi, does anyone know roughly how long it takes for sold house prices to appear on houseprices.co.uk? A house a few doors down sold earlier this year and the buyers moved in about a month ago, just wondering when the price will be available?

(I'm not being nosey just for the sake of it, the price they paid could hopefully help us in our remortgage valuation!)

Thanks

Cissi

In my area the latest sale recorded completed on May 21st, so about 6-7 weeks?

Thrugelmir

Depends on the speed with which details are registered on land registry. Can take several months.

googler

zoopla and ourproperty are up to date to end of May, and those prices appeared at the end of June, so - at best 1 month, possibly longer if solicitors drag their feet in sending details to land registry or registers of scotland.

If you're interested in a particular house, then just ask the agents who sold it. Once it's settled, there's no reason for them not to tell you.

not_tonight_josephine_2

googler wrote: »

If you're interested in a particular house, then just ask the agents who sold it. Once it's settled, there's no reason for them not to tell you.

Thanks for the suggestion Googler, but I'm not sure I'll get anywhere with the agent at the moment - the house was one of 2 identical new builds which have just been put up on some unused land at the end of the street, and the other one is still for sale with the same agent. I don't imagine they'll want to reveal the sold price of the first in case it drives down the price of the second? (as I'm sure it went for well under the ridiculous asking price)

Will just have to keep checking back on houseprices.co.uk I guess!

Thrugelmir

not_tonight_josephine wrote: »

Thanks for the suggestion Googler, but I'm not sure I'll get anywhere with the agent at the moment - the house was one of 2 identical new builds which have just been put up on some unused land at the end of the street, and the other one is still for sale with the same agent. I don't imagine they'll want to reveal the sold price of the first in case it drives down the price of the second? (as I'm sure it went for well under the ridiculous asking price)

Will just have to keep checking back on houseprices.co.uk I guess!

The price will be visible in due course and I imagine that the builder wants to sell asap. So ask.

mark5

Some never appear, I live on a development of about 800 houses built over the last 5-6 years, and there are probably over 50 house sales missing from the records on sites like nethouseprices and all the others.

parisjordana

mark5 wrote: »

Some never appear, I live on a development of about 800 houses built over the last 5-6 years, and there are probably over 50 house sales missing from the records on sites like nethouseprices and all the others.

yes Iv noticed that aswell near us some show up and some dont isnt it strange.....my friends house she bought in March still isnt on there

LandyAndy

mark5 wrote: »

Some never appear, I live on a development of about 800 houses built over the last 5-6 years, and there are probably over 50 house sales missing from the records on sites like nethouseprices and all the others.

Have they been sold? What happens if the developer rents them out?

I'm not suggesting this is the answer, more just wondering.

barnaby-bear

parisjordana wrote: »

yes Iv noticed that aswell near us some show up and some dont isnt it strange.....my friends house she bought in March still isnt on there

Non-domestic or "commercial" sales aren't put on residential database - so a lot of BTL sales where the property held in wrapper companies will never show

zcacmxi

When a house changes ownership at the Land Registry, a form is completed. I am aware of 2 forms, TR1 & TR2.

TR1 transfers are published in data sold to websites.
TR2 transfers are NOT published in data sold to websites.

TR1 is used when the owner is selling the property. E.g. Person or Company that owns the property is transfering the property to somebody else.

TR2 is used when the property is being sold on behalf of the owner. E.g. A repossession.

If the property is owned by a company, and the whole company is being sold which includes the property in it, then the property is not transferred. The property remains within the company, the Land Registry is not notified, and no stamp duty is paid.