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Nationwide September -0.4%

13

Comments

  • NEO72
    NEO72 Posts: 69 Forumite
    Funny how when the LR figures first came out, hamish's thread was called:
    Land Registry August +0.7%

    Which kind of implies a 0.7% rise in August, although actually there was none.


    So for consistency, shouldn't this one be titled "Nationwide September -1.4%?

    Just saying - wouldn't want to mislead anyone would we? ;)
  • In England, only the North West is showing negative growth over 3 years. Clearly this region is 'catching' something from Northern Ireland.

    Clearly this region is skewing the numbers. :)
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    brit1234 wrote: »
    These falls must be a lot bigger when you take London out of the figures.

    Which is great news for you! Oh, wait....
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    FTBFun wrote: »
    Which is great news for you! Oh, wait....

    Love it!

    And to think this genius claims to be in the police force.

    :eek:

    brit1234 has been looking to buy in Isleworth or Brentford for some time.

    Let's have a quick look at how house prices in that area have done since the 50% down by Christmas prediction was made.


    [IMG]http://www1.landregistry.gov.uk/Apps2/house-prices/house-price-index-custom-reports/hpi_report.asp?g=1&gt=1&a=Hounslow&s=01 March 2009&e=01 August 2012&t=1[/IMG]
    Source: Land registry



    Oh dear.

    :rotfl::rotfl::rotfl:
  • DpchMd
    DpchMd Posts: 540 Forumite
    nollag2006 wrote: »
    Love it!

    And to think this genius claims to be in the police force.

    :eek:

    brit1234 has been looking to buy in Isleworth or Brentford for some time.

    Let's have a quick look at how house prices in that area have done since the 50% down by Christmas prediction was made.


    [IMG]http://www1.landregistry.gov.uk/Apps2/house-prices/house-price-index-custom-reports/hpi_report.asp?g=1&gt=1&a=Hounslow&s=01 March 2009&e=01 August 2012&t=1[/IMG]
    Source: Land registry



    Oh dear.

    :rotfl::rotfl::rotfl:

    If he can't afford to buy, he can't afford to buy.

    If he could afford to buy but chose not to, then that was a very foolish decision.
    "Beware of little expenses. A small leak will sink a great ship." - Benjamin Franklin
  • DpchMd wrote: »
    If he can't afford to buy, he can't afford to buy.

    If he could afford to buy but chose not to, then that was a very foolish decision.

    Well as his straplines say, he's "on strike" from buying a house.

    So that narrows it down to either (a) couldn't afford it, even when 17% cheaper, or (b) he's foolish.

    I'd like a private jet. I admit I cannot afford one. But to make you believe it's because I am 'on strike' from buying one [perhaps because they aren't 'green' any more] would you believe me?
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You could do. Of course you would have to define "the north" to include the whole of the South west, Oxfordshire, cambridgeshire, the whole of East Anglia, Wales and the entirety of the midlands.

    You would be able to do that 'safely' but people would probably laugh in your face.

    The population of the North West, North East and Yorkshire/Humberside is almost twice that of London. As a southerner I would call that the North. The only other negative figure on Land Reg is Wales.

    But as already been pointed out these small figures don't mean much
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    DpchMd wrote: »
    If he can't afford to buy, he can't afford to buy.

    If he could afford to buy but chose not to, then that was a very foolish decision.

    Brit comes on here regularly boasting about how she is sitting on a huge deposit.

    Seemingly she also ploughed it into gold last September, just before the price tanked.

    Ouch!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    ukcarper wrote: »
    You need to get to grip with average you could just as easily say they would be a lot less with the north taken out.

    The only thing that really matters is what they are doing where you are or where you would like to be.

    Trouble is. The average hides a 4% fall in Scotland YOY.

    So region by region does matter.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 2 October 2012 at 6:02PM
    Thrugelmir wrote: »
    Trouble is. The average hides a 4% fall in Scotland YOY.

    So region by region does matter.


    It does include the 3% fall in Wales but if the point made was if you add Scotland in the fall would be greater I would have to agree but the point made was London is pushing them up.

    I believe I have already said that the only thing that really matters is the price where are or want to be so why would I worry about prices in Scotland.
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