50% house price falls

Wig

mbga9pgf wrote: »

Most of which is COMPLETELY FREE is you go on nethouseprices.com or www.ourproperty.co.uk (goes back to 2005). You can see the extent of the property at viewing, for free!

All that matters is prices attained in the local area. Remember though Land Reg data has a significant delay, so dont ignore the trend!

houseprices.co.uk goes back to 2001 or whenever the data started to be made public.

Not all house sales are published on the free online checkers, because Landregistry either witholds it or they have some gremlins. either way £8 for a download of the full details is a HUGE RIPOFF.

Wig

mbga9pgf wrote: »

I look at the land reg site, take a pick of recently sold properties in the area and see when they last sold and what for.

I didn't know landregistry provided sale values on their website for free.... Can you provide a link(s) to illustrate what you do.

thx

mbga9pgf

Wig wrote: »

I didn't know landregistry provided sale values on their website for free.... Can you provide a link(s) to illustrate what you do.

thx

Sorry, I meant Nethouseprices.com or ourproperty.co.uk

MissMoneypenny

Wig wrote: »

I didn't know landregistry provided sale values on their website for free.... Can you provide a link(s) to illustrate what you do.

thx

You can use this land registry link to look at average house prices and see how much they have fallen in an area, or compare house price drops in two areas.

http://www1.landregistry.gov.uk/houseprices/housepriceindex/report/

MissMoneypenny

mbga9pgf wrote: »

Most of which is COMPLETELY FREE is you go on nethouseprices.com or www.ourproperty.co.uk (goes back to 2005). You can see the extent of the property at viewing, for free!

https://www.ourproperty.co.uk goes back to 1 January 1995 and up to 31 March 2009

asbokid

looking for a bargain home?

a palace for a pony? a mansion for a monkey? (!)

then try http://www.propertysnake.co.uk where you can scoop up the latest casualty in your local housing market slump..

Trollfever

This is from the FSA:

The current stress scenario models a recession more severe and more prolonged than those which the UK suffered in the 1980s and 1990s and therefore more severe than any other since the Second World War. It assumes a peak-to-trough fall in GDP of over 6%, with growth not returning until 2011 and only returning to trend growth rate in 2012. It models the impact of unemployment rising to just over 12% and, crucially, the impact of a 50% peak-to-trough fall in house prices and a 60% peak-to-trough fall in commercial property prices.

http://www.fsa.gov.uk/pages/Library/Communication/PR/2009/068.shtml




.

Wig

MissMoneypenny wrote: »

www.ourproperty.co.uk goes back to 1 January 1995 and up to 31 March 2009

hmmm but what a waste of time having to register for information available elsewhere such as houseprices

Doc_N

mbga9pgf wrote: »

Do you use firefox internet browser? If you do, there is a fantastic Add-in you can get called property-bee (www.property-bee.com)

Shows all price moves as well as description changes locally. Great, because you can see EAs get increasingly desperate when you read some descriptions!

Thanks - it's very interesting. The site doesn't seem to be sending out the registration emails, though, so you can't get full use out of it until they sort out the glitch.

John_Pierpoint

MissMoneypenny wrote: »

www.ourproperty.co.uk goes back to 1 January 1995 and up to 31 March 2009

I used the Land Registry prices in 1996 to argue the toss with the "District Surveyor",
In those days ordinary members of the public could get a print off of a post code as long as it had 3 (?) sales (so that individual properties could not be identified), If I remember correctly.
It cost a good bit more than 3 or 4 quid though.
Details of individual properties were available but minus the price, so I expect the Registry started to realise that local people could put two and two together and make five. Better tell us the truth anyway.

(Not to mention the fact that the government was starting to collect serious revenue in the form of Stamp Duty, and there is nothing like publicity for discouraging fraudsters - and nothing like tax for encouraging them)..