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Debate House Prices


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MSE News: Land Registry: monthly house prices drop 0.6%

245678

Comments

  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    boomerangs wrote: »
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    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • brit1234
    brit1234 Posts: 5,385 Forumite
    Is there really a need to explain the difference once again between asking prices and sold prices?

    Whats your point?

    I'm using property bee to assess sentiment of individual properties or the market as a whole in the area I am looking at.

    Sold prices aren't very usefull to me if I am looking to buy a property and it has already been sold ;)

    Not to interested in asking prices as a whole either. Most of the properties I was looking at last month were down in price however because a flood of new property came onto the market asking prices were up. A month later these properties are now dropping their prices.

    Property bee is a great tool
    http://www.property-bee.com/
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 30 April 2010 at 2:10PM
    Nice to see some posters posting again, they must have been busy yesterday . :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    edited 30 April 2010 at 2:36PM
    brit1234 wrote: »
    Yes on rightmove, property bee is showing lots of property that came on in March have dropped the price in April
    are you sure Brit?? everytime you say this house prices move up in value every month...

    you're area covers the Twickenham, Richmond, Hounslow area and these prices have gone up consistently each month for the last year. do we need to show you the data for your area or will you continue to make things up?
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    brit1234 wrote: »
    Whats your point?

    It's very simple.
    Asking prices can vary a lot and can be very dependent on indivudual persons / estate agents.
    As you will have seen on Property bee, people change them constantly, both up and down.
    What is a valid indicator is what actual selling prices are for the area and type of property you are interested in
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    Really2 wrote: »
    Nice to see some posters posting again, they must have been busy yesterday . :)


    You could say the same for those who were prolific yesterday and missing in action today. ;)
  • System
    System Posts: 178,376 Community Admin
    10,000 Posts Photogenic Name Dropper
    DaddyBear wrote: »
    You could say the same for those who were prolific yesterday and missing in action today. ;)

    Not really, anyone who finds the LR figures particularly surprising given the amount of posts we get about the Haliwide ones wants their heads read.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Batchy
    Batchy Posts: 1,632 Forumite
    if this release doesn't show just how volumes are at rock bottom again then I don't know what will please look at the numbers, beware it doesnt make for pretty reading.
    More properties on the market than last time... Times ahead will be shakey and wont do anything to restore confidence with the banks!
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • Batchy
    Batchy Posts: 1,632 Forumite
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • brit1234
    brit1234 Posts: 5,385 Forumite
    chucky wrote: »
    are you sure Brit?? everytime you say this house prices move up in value every month...

    you're area covers the Twickenham, Richmond, Hounslow area and these prices have gone up consistently each month for the last year. do we need to show you the data for your area or will you continue to make things up?

    Maybe its the upper end of the market and the homebuy/shared ownership distorting this on a baisis of low transactions. Not the cheaper end, you can look yourself on property bee, my search datais uploaded to their server so you will see what I mean
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
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