Debate House Prices


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Land Registry Predictions 2011

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Comments

  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Nominal between up 2% and down 5%.

    Inflation dropping to about 2% so real flat- down 7%.

    It's a guess though.
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I think they'll be flat(ish). So about 3% down over 2011. That's the difference between the price today and the price then (not including any of that inflation malarkey).

    Be interesting to see Hamish's prediction, as he was the one who was closest the last time we did one of these on a large scale.

    https://forums.moneysavingexpert.com/discussion/1929789
  • geneer
    geneer Posts: 4,220 Forumite
    Pimperne1 wrote: »
    Actually I think I'll drop it. If there is even one more like you I'll spend more time explaining the context then I've got time for.

    You mean the context that you'd rather reset the argument to beginning in 2011. I'm sure we've no idea why thats the case. :rotfl::rotfl::rotfl:

    Pimperne1 wrote: »
    By the way, I don't think my 0% prediction was particularly bullish. :)

    Maybe not. But it is somewhat familiar.
    columboadventures.jpg;)
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Pimperne1 wrote: »
    Whilst I know that a lot of people don't like ANY of the indices we would have to pick one to act as a reference point in any predictions thread. I say we go for Land Registry and the most recent issue was on 26 Nov 10 with an average price of £165,505. This is likely to be revised a little but lets say its not.

    Between now and the report at the end of November 2011 it would be interesting to see what people feel the change in prices would be (and just straight comparison so that if it is £165,505 then my 0% wins).

    Anyone else prepared to predict (and I will update in a week or so to show the table). No problem if you want to predict the same as someone else but it would be less interesting.


    Pimpernel 0%

    At the end of August then the figure is £163,049 it having gone down to £160,996 in March. My prediction looks pretty good up to now considering at one point the price had dropped nearly 3% from the start figure, now we are closer to -1.5%.

    http://housepricecrash.co.uk/indices-land-registry-national-monthly.php
  • Pimperne1 wrote: »
    At the end of August then the figure is £163,049 it having gone down to £160,996 in March. My prediction looks pretty good up to now considering at one point the price had dropped nearly 3% from the start figure, now we are closer to -1.5%.

    http://housepricecrash.co.uk/indices-land-registry-national-monthly.php

    HeHe, that was what I predicted a year ago
    Could I predict -1.5% for next year?
    I know there a factors prediciting a modest fall of 5% for the next year, but putting -1.5% would figure in my thoughts that were pretty much in a stagnant period.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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