Who bought the whole street?

yogi3

whats this mean?http://www.nethouseprices.com/index.php?con=sold_prices_street_detail&locality=&town=MOTHERWELL&street=BIRRENS+ROAD&year=&house_style=&land=&house_age=&house_type=&order=&postcode=&search_radius=&land=&cCode=SC&eastingToSearch=&northingToSearch=&start_limit=0&curPage=1

has some organisation bought the whole street or did council tentants all buy thier house on the same day? Confused!

angeluk69_2

iI live in block of six houses and my landlord owns all of these, sorry maybe this is a bit of a pointless thread.

mandi_moles

This site is incorrect anyway. It says the house we live in was sold in 2002 for 90,000 !! We have lived here 10 years and its rented from the owner who has owned it since 1937 when his father built it !! Not a good site...

real1314

your "landlord" may be the person responsible for letting the property, rather than the owner of the property.
or they may have "sold" it to a fmily member or even themselves as part of a re-valuation exercise to release capital.

and regarding the OPs question, did you notice that 59 sold for £55k in June 04 but £23,850 in Mar 05.
I'd suggest that this is some sort of group purchase, possibly a CPO, might be worth checking the local council's CPO action?

Bossyboots

mandi_moles wrote:

This site is incorrect anyway. It says the house we live in was sold in 2002 for 90,000 !! We have lived here 10 years and its rented from the owner who has owned it since 1937 when his father built it !! Not a good site...

I have just checked my own street and the properties of other people I know who have moved and they are all spot on.

withabix

Incorrect data is not the fault of that website.

It uses data provided by the Land Registry, so any mistakes will be down to good-old incompetent civil servants I'm afraid!

To mandi moles - it would appear that the same person HAS NOT owned your house since 1937. The clue's in your statement. His father built it, so presumably his father owned it before he did! If the father transferred to house to the son (or passed away) in 1990 this may be correct. Or, the owner may have remortgaged or transferred the property within the family. All can trigger dates on Land Registry data.

The data used by ALL of these property websites is derived from LAND REGISTRATION. Thus, if a property has never before been registered (many new builds aren't for instance, until first sale), odd dates may appear when the land (and hence property) were regsiterd at the Land Registry.

That block of addresses which the OP is referring to - if they are all council houses, they could all have the same date as they may have been transferred to a housing association or property management company, as many/most councils are doing. The price will have been derived from 'sale price of entire housing stock to housing association' divided by 'number of houses'.