And house prices coming back down again...

carolt

HAMISH_MCTAVISH wrote: »

:rotfl:

Actual sold price data from.....

http://www.myhouseprice.com/marketanalysis/AnalysisCharts.cfm

Aberdeen city council area, mean.

Interesting site for Scotland, has every council area and city, and will give you median, mean, and annual change figures.

That's lovely, Hamish.

Well done, you.

carolt

michaels wrote: »

We sold a house in March last year and it has not appeared on nethouseprices.

Hamish what source are you quoting your price changes from?

I've got bored of repeating this, (do you remember, Ad started a whole thread on this a couple of months back?), but Land Registry updated and reorganised all their house price sold data earlier this year, so there were several months with no new data and older data lost.

However, they have largely got it together now, and certainly, for my area, all 'missing' prices have now been returned/added.

Maybe some areas are taking longer to update.

Doubt it's a conspiracy, though, Jonny.

sjaypink

PasturesNew wrote: »

You can find out the price by being a bit cheeky. Get their phone number, then phone them and pretend you're compiling a survey of service provided by EAs. Ask them questions like if they looked online or just in windows, how many did they view before buying, did they spend more or less than they set out to, how much was their house for sale for, what price did they buy it at, what would they rate the EA service on a range of 1-5.

Job done.

:rotfl:just make sure you with withhold your number in case they get suss....

1471, quick google... tada! what a surprise- its that nosey parker down at number 53!

sjaypink

arent there other sales that dont get listed on lr? repo's, certain sales after death?

IveSeenTheLight

HAMISH_MCTAVISH wrote: »

:rotfl:

Actual sold price data from.....

http://www.myhouseprice.com/marketanalysis/AnalysisCharts.cfm

Aberdeen city council area, mean.

Interesting site for Scotland, has every council area and city, and will give you median, mean, and annual change figures.

I still believe it is better to use the data from the Registers of Scotland Executive Agency
http://www.ros.gov.uk/professional/eservices/land_property_data/lpd_stats.html

HAMISH_MCTAVISH

IveSeenTheLight wrote: »

I still believe it is better to use the data from the Registers of Scotland Executive Agency
http://www.ros.gov.uk/professional/eservices/land_property_data/lpd_stats.html

Myhouseprice, etc, claim to get their data from RoS, but I suspect they filter it differently.

Regardless, even with the raw RoS data on the RoS website, Aberdeen average prices are now back up to around June 2007 prices. And that includes all the less desirable ex council and newbuild dross.

With the average, even including the newbuilds etc, being that close to 2007 prices, it is inevitable that many, if not most, of the more desirable properties have already crossed the old peak prices of 2007.

A stunningly good result, all things considered.:D

mewbie_2

HAMISH_MCTAVISH wrote: »

Myhouseprice, etc, claim to get their data from RoS, but I suspect they filter it differently.

Regardless, even with the raw RoS data on the RoS website, Aberdeen average prices are now back up to around June 2007 prices. And that includes all the less desirable ex council and newbuild dross.

With the average, even including the newbuilds etc, being that close to 2007 prices, it is inevitable that many, if not most, of the more desirable properties have already crossed the old peak prices of 2007.

A stunningly good result, all things considered.:D

How do you explain it Hamish? Do you think house price crashes are now a thing of the past? Or that the economics work differently now?

HAMISH_MCTAVISH

mewbie wrote: »

How do you explain it Hamish? Do you think house price crashes are now a thing of the past? Or that the economics work differently now?

The only possible explanation is that the underlying fundamental issue of supply and demand is the strongest influence on the local market of Aberdeen.

The artificial, sudden and savage withdrawal of mortgage funding crashed the market. As lending for new purchase has increased in almost every month this year, so have prices.

What has helped Aberdeens exceptional performance, is the above average local income and number of high earners, meaning restrictive mortgage standards imposed by banks on a national level are more easily achieved here than in some other local markets.

Aberdeen is already back to summer 2007 average prices on every index. Good properties have undoubtedly crossed old peak prices. It serves as a notable reminder for what will happen nationally as mortgage lending for new purchase continues to improve year on year.

ginandtonic1988

Are the houses not registered as they are new build? I've got 3 at the moment that arn't registered with the Land Registry and they won't be for the foresable future due to plan problems.

Were the properties repossessed as they won't show up at the Land Registry either?

dopester

HAMISH_MCTAVISH wrote: »

Aberdeen is already back to summer 2007 average prices on every index. Good properties have undoubtedly crossed old peak prices.

http://www.youtube.com/watch?v=JEFH1AFORbI