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Property prices Jan 2006
twixeey
Posts: 183 Forumite
Can anyone tell me if a property was sold in January 2006 (3 1/2 years ago) for £165,000 what is today price likely to be? Many thanks... Twixeey
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Comments
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It will depend on which are of the country.
I can't post a link as a new user, but if you search google for nationwide house price calculator, you can work it out
Regards, Steve0 -
Could be between 10-20% less for a house, and maybe upto 30% for flats.
go to land registry house prices, and do a indivdual search on your area. Thats your best guide.0 -
My current offer is about 5% below what I paid in November 2006.Pawpurrs x
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The above replies assume the house hasn't changed significantly since then; if the current owners have built a massive extension that would change things.
edit: p.s., Pawpurrs - delighted to hear you found a buyer
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Thanks Sarah, supposed to exchange today, and am bricking it!Pawpurrs x0
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The Halifax House Price Index was 554.0 (£168,148) in Jan 06.
In June 09 it was 527.4 (£160,054).
See the link to historical data here - http://www.lloydsbankinggroup.com/media1/research/halifax_hpi.asp
This is an average fall of 4.8% across all types of property in all areas.
However, given the heterogeneity of the housing market this could be made up of anything from massive falls in city centre apartments to small increases in family homes in certain areas.0
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