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Zoopla - complete fantasy

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Posts: 1 Newbie

I'd read quite a bit on this forum about Zoopla prices being inaccurate so I looked up our own house. According to Zoopla we sold it in 2007 for 214,300, which is a bit odd because we bought it in 1999 for 44,000 and still own and live in it.
Now quite interested I had a look at other houses in the area and found that one of my closest neighbours had also apparently sold their house in the same year for £12,000! They've been here for longer than we have and most definitely still are!
Do Zoopla just make the 'sold' prices up to try and give their site a bit of credibility or are these just two honest mistakes, er, guv?
Now quite interested I had a look at other houses in the area and found that one of my closest neighbours had also apparently sold their house in the same year for £12,000! They've been here for longer than we have and most definitely still are!
Do Zoopla just make the 'sold' prices up to try and give their site a bit of credibility or are these just two honest mistakes, er, guv?
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Comments
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I've deduced that if someone takes out a secured loan against their house, that shows up on Zoopla under the sold prices.
Your neighbours probably borrowed £12k to extend or modify their house.
They get a file from Land Registry and throw the contents on to their website. It's not beyond the bounds of possibility that, for instance, you're number 35 and the sale price was for No. 53 .... errors occur with data management0 -
They currently value mine at around £200k more than I paid for it two years ago, but as nobody knows what I paid, (it doesn't show on any of the house price sites) that suits me.
I've no idea where they get their data from, but if they can be £200k out, it's obviously a very rough measuring tool, maybe more suited to standard houses in built-up areas. As you've shown though, even there, the fit can be bad, and to a laughable degree.0 -
Anyone can log into zoopla and rig the prices upwards or downwards. You simply update the value in every house in the street even if you don't own it.
Zoopla is poo.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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