Most property types in most areas of aberdeen falling YOY.

geneer

http://www.ros.gov.uk/pdfs/ros_statistical_report_jul-sept2011.pdf

Aberdeen City Average Price +0.1%.

But.

Aberdeen City Detatched -10.3%.
Aberdeen City Semi-Detatched -4.4%.
Aberdeen City Flats -1.6%.
Aberdeen City Terraced. +3.7%.

We can safely conclude that for most people in most property types in most areas of aberdeen prices are dropping.

Just goes to show how meaningless those high level averages can be.

DervProf

Strange that Hamish hasn't already posted this. I know he used to regularly inform us of the figures for Aberdeen.

Jack_Johnson_the_acorn

geneer wrote: »

http://www.ros.gov.uk/pdfs/ros_statistical_report_jul-sept2011.pdf

Aberdeen City Average Price +0.1%.

But.

Aberdeen City Detatched -10.3%.
Aberdeen City Semi-Detatched -4.4%.
Aberdeen City Flats -1.6%.
Aberdeen City Terraced. +3.7%.

We can safely conclude that for most people in most property types in most areas of aberdeen prices are dropping.

Just goes to show how meaningless those high level averages can be.

What I get from this thread..

A lot of terraces where sold compared to Detached and semi's.
The low number of sales of other property types are skewing the figures.
An average of all sales actually show a tiny amount of growth?

Is this good news for you Geneer? Unlikely, since the average has increased by a tiny fraction... Meanwhile you wait and line the LL's pocket.

What you need is a crash;)

geneer

DervProf wrote: »

Strange that Hamish hasn't already posted this. I know he used to regularly inform us of the figures for Aberdeen.

It is isn't it.
He's particularly keen on YOY figures as I recall.
Unnaffected as they are by "normal seasonal variations".

Its a mystery.

the_flying_pig

as a rule, the smaller the sample, the less I believe these stats, e.g., 'detached houses in Aberdeen' [DHIA] is a very tiny category likely subject to all sorts of data problems.

but i will admit to finding those figures amusing nonetheless, if only because DHIA is possibly Hamish's ultimate holy cow. down 10% in a year. boom.

Jack_Johnson_the_acorn

Median Residential Property Prices in Aberdeen City

Jul - Sep 2011
£155,000


Jul - Sep 2010
£150,500

YOY
Annual change 3% Increase

:money:

geneer

Jack_Johnson_the_acorn wrote: »

Median Residential Property Prices in Aberdeen City

Jul - Sep 2011
£155,000


Jul - Sep 2010
£150,500

YOY
Annual change 3% Increase

:money:

Hes only gone and posted averages just demonstrated to be totally meaningless.

You're Steven Hawking and I claim my £5.

Jack_Johnson_the_acorn

geneer wrote: »

Hes only gone and posted averages just demonstrated to be totally meaningless.

You're Steven Hawking and I claim my £5.

Pointless figures provided by you... from your own link...... :rotfl:

Jack_Johnson_the_acorn

You're extremely happy when your link shows Detached houses, but you've failed to mention that this was for a grand total of 150 sales.... 120 the previous year LOL :j

Good stuff, at least we know where we stand:)

Too funny :rotfl:

geneer

Jack_Johnson_the_acorn wrote: »

You're extremely happy when your link shows Detached houses, but you've failed to mention that this was for a grand total of 150 sales.... 120 the previous year LOL :j

Good stuff, at least we know where we stand:)

Too funny :rotfl:

:rotfl:Though of course my link, and indeed my OP showed all property types. So your cherry picking theory doesn't really stand up to scrutiny.

Oh dear. Someone seems to feel the need to muddy the waters.
Not because of your howler is it?


Anyway, for the record.

ROS Sales Volumes Aberdeen City 2007 Q2 2115.
ROS Sales Volumes Aberdeen City 2011 Q2 1343.

Woops. From little acorns do failed crops grow.

Jack_Johnson_the_acorn

geneer wrote: »

:rotfl:Though of course my link, and indeed my OP showed all property types. So your cherry picking theory doesn't really stand up to scrutiny.

Oh dear. Someone seems to feel the need to muddy the waters.
Not because of your howler is it?


Anyway, for the record.

ROS Sales Volumes Aberdeen City 2007 Q2 2115.
ROS Sales Volumes Aberdeen City 2011 Q2 1343.

Woops. From little acorns do failed crops grow.

What would my cherry picking theory be and how does it fall down?

Thanks:rotfl: