ROS: Scotland Reaches ANOTHER new peak price.

geneer

Anyway, as fun as pimps wriggling has been, time to seal the deal.


ESPC Dec 05. £175500
ESPC APRIL 11. £211013
+ £35513


ROS Dec 05. £175197
ROS APRIL 11. £197158
+£21967


Nope. No sign of £50K there. Maybe its behind the sofa.


Of course the real answer to the question how much have houses increased since december 2005 must account for the well defined 6 to 8 week lag after offer and acceptance for estate agents stats, and the 3 month lag after offer and acceptance for land reg.


ESPC Dec 05. 175500
ESPC APRIL 11. 211013
+£38655


ROS Mar 06.£181006
ROS APRIL 11.£197158
+£16152.


£16K. Ouch. But no £50K.


However, december 05 is a bit arbitrary. So the real question is if I had been a good little bull
and decided to buy in december 05, when might I have reasonably bought. Actually did a wee survey elsewhere on this, and it was thought that 6 months would be reasonable.
However, I'll go with 3 months to be fair.


ESPC May 06. £204602
ESPC April 11 £211013
+ £6411


ROS July 06 £196842
ROS April 11 £197158
+£316


Of course, apparently, my opinion on UK house prices doesn't really count until the £316 goes negative.


Which is why one clown or another has been banging this drum for around 3 years now.
(if not on this very thread - see the plonker on post 88)

Pimperne1

geneer wrote: »

Anyway, as fun as pimps wriggling has been, time to seal the deal.


ESPC Dec 05. £175500
ESPC APRIL 11. £211013
+ £35513


ROS Dec 05. £175197
ROS APRIL 11. £197158
+£21967


Nope. No sign of £50K there. Maybe its behind the sofa.


Of course the real answer to the question how much have houses increased since december 2005 must account for the well defined 6 to 8 week lag after offer and acceptance for estate agents stats, and the 3 month lag after offer and acceptance for land reg.


ESPC Dec 05. 175500
ESPC APRIL 11. 211013
+£38655


ROS Mar 06.£181006
ROS APRIL 11.£197158
+£16152.


£16K. Ouch. But no £50K.


However, december 05 is a bit arbitrary. So the real question is if I had been a good little bull
and decided to buy in december 05, when might I have reasonably bought. Actually did a wee survey elsewhere on this, and it was thought that 6 months would be reasonable.
However, I'll go with 3 months to be fair.


ESPC May 06. £204602
ESPC April 11 £211013
+ £6411


ROS July 06 £196842
ROS April 11 £197158
+£316


Of course my opinion on UK house prices doesn't really count until the £316 goes negative.


Why is why one clown or another has been banging this drum for around 3 years now.

Drat, if I move the figures back just one month your loss goes from £50k to £35k. Just goes to show how volatile these figures are. Anyway, as you joined a third of the way through the month of December lets say we split it and make it a £40k rise.

Pimperne1

Oh, have you got a link for the Dec 05 figure?

Pimperne1

Did you really mean post #88? It doesn't really seem relevant.

chucky

Pimperne1 wrote: »

Did you really mean post #88? It doesn't really seem relevant.

it never is relevant with Geneer...

i'm still waiting for him to justify telling us that he's saved money by not buying when he could in 2002...

the good thing is that he's using this forum for his therapy...

geneer

Pimperne1 wrote: »

Did you really mean post #88? It doesn't really seem relevant.

Different thread.
https://forums.moneysavingexpert.com/discussion/2834548
Different month.
Same old boosheet.

geneer

Pimperne1 wrote: »

Oh, have you got a link for the Dec 05 figure?

Yep. Same one you used preciously.
Though as clearly demonstrated the december 05 figure is simply in no way relevant.

robmatic

Of course the real answer to the question how much have houses increased since december 2005 must account for the well defined 6 to 8 week lag after offer and acceptance for estate agents stats, and the 3 month lag after offer and acceptance for land reg.


ESPC Dec 05. 175500
ESPC APRIL 11. 211013
+£38655


ROS Mar 06.£181006
ROS APRIL 11.£197158
+£16152.

If the lag is so important, why do you count it at the beginning of the period but not the end?

geneer

robmatic wrote: »

If the lag is so important, why do you count it at the beginning of the period but not the end?

Because I can't see 3 months into the future Robbo. Doh! :rotfl::rotfl::rotfl:


By the way, who claimed any of this boosheet was important?

geneer

So lets see. £50K has dropped to £19K. In the space of one evening. That must be some kind of HPC record.

Quite why this is or has ever been relevant to my opinion on Uk house prices I have no idea.

But actually, a handful of embittered obsessive tell me that the only thing that matters is how much you've made or lost by waiting.

So clearly, the critical rule in the "Dance Off" is whether I decided to buy or not in december 05.

Logically, had I decided to buy (and thanks to a little straw poll of CC members) it would realistically have taken 6 months to find a place.

But in the interests of sportsmanship, we decided 3 months as being quite appropriate.

Ergo net loss in the dance off, £316.

And so ends our adventure for another month.

Lets take a breather before another clown (or even the same clown) is yet again compelled to launch into the same process of epic fail.