PLEASE READ BEFORE POSTING
Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.We're aware that dates on the forum are not currently showing correctly, and that mobile users may see some extra spacing between threads. Please bear with us while we get this fixed.
We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
We're aware that dates on the Forum are not currently showing correctly, and that mobile users may see some extra spacing between threads. Please bear with us while we get this fixed, and see Site Feedback for updates.
Historic property value

davey4444
Posts: 140 Forumite

Hi there,
I am currently trying to sort out the arrangements with my ex for selling our house where we have a joint mortgage. The house will be sold to her under a new mortgage etc.. so we have to agree on the amount owed to me once the sale has gone through based on the property value when I stopped contributing towards the mortgage (August 2013).
Having looked at the Nationwide calculator (http://www.nationwide.co.uk/about/house-price-index/house-price-calculator) using the purchase price in 2006 compared to Q3 2013 and then property details on Zoopla (http://www.zoopla.co.uk/property/3-oxford-road/crawley/rh10-5jh/19594945) I get a variance of around £10k which will directly impact how much equity is released to me.
Is there an opinion on what is the most accurate figure or even a better website? I'm guessing that Zoopla might be more accurate as that is based on property/post code whereas Nationwide is just on a region.
* Please note that the Zoopla link is to a random property.
I am currently trying to sort out the arrangements with my ex for selling our house where we have a joint mortgage. The house will be sold to her under a new mortgage etc.. so we have to agree on the amount owed to me once the sale has gone through based on the property value when I stopped contributing towards the mortgage (August 2013).
Having looked at the Nationwide calculator (http://www.nationwide.co.uk/about/house-price-index/house-price-calculator) using the purchase price in 2006 compared to Q3 2013 and then property details on Zoopla (http://www.zoopla.co.uk/property/3-oxford-road/crawley/rh10-5jh/19594945) I get a variance of around £10k which will directly impact how much equity is released to me.
Is there an opinion on what is the most accurate figure or even a better website? I'm guessing that Zoopla might be more accurate as that is based on property/post code whereas Nationwide is just on a region.
* Please note that the Zoopla link is to a random property.
0
Comments
-
Zoopla is a random number generator.0
-
Why don't you look at what price similar houses were selling for in the area at that time? Better than Zoopla...0
-
If you want a figure to rely on for legal purposes, ask a local surveyor who has been working in the area for a number of years, and pay him the fee that he asks in return for his expertise.0
-
Have house sale prices changed a huge amount in your area in the past 15 months?0
-
Our House Price Index and/or Price Paid data may be useful as well and both can be viewed on the GOV.UK website
The data is provided to third party websites inc Zoopla although I believe that the lenders tend to publish data based on their own 'business' dealings rather than an across the board data set.
As googler mentions as well a local surveyor or estate agent may also be able to shed some professional light on the valuation aspect as well.“Official Company Representative
I am the official company representative of Land Registry. MSE has given permission for me to post in response to queries about the company, so that I can help solve issues. You can see my name on the companies with permission to post list. I am not allowed to tout for business at all. If you believe I am please report it to forumteam@moneysavingexpert.com This does NOT imply any form of approval of my company or its products by MSE"0 -
Thanks for the replies. According to the Nationwide calculator the house price would have risen from 152k in Q3 2006 to 155k in Q2 2013 to 172k Q3 2014.
Looking at the Zoopla graph for that specific property the price looks to be most like 162k in Q2 2013 and 177k Q3 2014.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 348.3K Banking & Borrowing
- 252.1K Reduce Debt & Boost Income
- 452.4K Spending & Discounts
- 240.9K Work, Benefits & Business
- 617.1K Mortgages, Homes & Bills
- 175.6K Life & Family
- 254.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards