Sold price incorrect on Zoopla/Rightmove

steve866

I recently bought a house in London and the purchase price listed on Zoopla and Rightmove from when the previous owners bought it in 2017 is wrong (£100k above what they actually paid). It would now appear that the price has fallen by 6% based on my purchase price which is incorrect.
I believe the incorrect data will affect all the stats/predictions for the small road I live on. I'm not planning to move for a long time, but I'm just wondering what the pros and cons are of letting Rightmove and Zoopla know?
I also thought they each got their data from the land registry, maybe they copy it from each other?

Thrugelmir

Past selling prices are of little relevance. 

steve866

Thrugelmir said:

Past selling prices are of little relevance. 

I personally agree, however some people do seem to care otherwise Zoopla/Rightmove wouldn't host all the data. To be honest I'm thinking about any of my neighbours for if and when they might want to sell.

amandacat

I can’t really offer a solution but I’m in a similar situation. My property on rightmove says it’s a leasehold flat sold for 60k in 2009. I purchased my freehold ‘house’ in 2015 for nearly triple that. If I go on the land registry website it says my house is freehold and purchased in 2015 but says no purchase price is available. 

sweetsand

hi
nothing to do with the two co's you mentined as the data they use is from the government, land registry I think and if you Google it - you will see, can find alsmost any property sold since 1999 I think and if wrong, contact them and they will correct, then you can alert zoopla, etc if you wish
HTH

ps - see below the gov site
https://landregistry.data.gov.uk/app/ppd

sweetsand

Thrugelmir said:

Past selling prices are of little relevance. 

Only half true as not everyone of the same view.
I am with you but past prices can act as a guide, esepcially recent prices

HTH

steve866

sweetsand said:

hi
nothing to do with the two co's you mentined as the data they use is from the government, land registry I think and if you Google it - you will see, can find alsmost any property sold since 1999 I think and if wrong, contact them and they will correct, then you can alert zoopla, etc if you wish
HTH

ps - see below the gov site
https://landregistry.data.gov.uk/app/ppd

I bought the title from the land registry (and so did my solicitor I would assume when the deal progressed) and the figure was correct. Rightmove states the data comes from the Land Registry but I can't work out how without the £3 charge, unless they pay a wholesale fee.

davidmcn

Surveyors will be aware of potential glitches with this sort of data and are likely to disregard anything which looks obviously wrong (as will anybody else with any sense). So I wouldn't expect it to affect future valuations.

sweetsand

steve866 said:

sweetsand said:

hi
nothing to do with the two co's you mentined as the data they use is from the government, land registry I think and if you Google it - you will see, can find alsmost any property sold since 1999 I think and if wrong, contact them and they will correct, then you can alert zoopla, etc if you wish
HTH

ps - see below the gov site
https://landregistry.data.gov.uk/app/ppd

I bought the title from the land registry (and so did my solicitor I would assume when the deal progressed) and the figure was correct. Rightmove states the data comes from the Land Registry but I can't work out how without the £3 charge, unless they pay a wholesale fee.

Sorry, I hope I've understood you. You have the title register and that declares the price the same item that you can pat 3 quid for.
Send a copy to them if you want
The palce where we live mostly detached houses with a pair of semi's all victorian all vraible size, so prices varies and can vary a lot in the same year as a few inc our have been modernised and lodsa spend on it as has a few others and ours sell and one 6 doors away that is smaller and unmordinsed smaller drive etc would good for poss 300k less, so does it really matter?
If it does, speak with both of them and send them the evidence the choice is yours as you know

HTH

steve866

davidmcn said:

Surveyors will be aware of potential glitches with this sort of data and are likely to disregard anything which looks obviously wrong (as will anybody else with any sense). So I wouldn't expect it to affect future valuations.

sweetsand said:

steve866 said:

sweetsand said:

hi
nothing to do with the two co's you mentined as the data they use is from the government, land registry I think and if you Google it - you will see, can find alsmost any property sold since 1999 I think and if wrong, contact them and they will correct, then you can alert zoopla, etc if you wish
HTH

ps - see below the gov site
https://landregistry.data.gov.uk/app/ppd

I bought the title from the land registry (and so did my solicitor I would assume when the deal progressed) and the figure was correct. Rightmove states the data comes from the Land Registry but I can't work out how without the £3 charge, unless they pay a wholesale fee.

Sorry, I hope I've understood you. You have the title register and that declares the price the same item that you can pat 3 quid for.
Send a copy to them if you want
The palce where we live mostly detached houses with a pair of semi's all victorian all vraible size, so prices varies and can vary a lot in the same year as a few inc our have been modernised and lodsa spend on it as has a few others and ours sell and one 6 doors away that is smaller and unmordinsed smaller drive etc would good for poss 300k less, so does it really matter?
If it does, speak with both of them and send them the evidence the choice is yours as you know

HTH

I’m just wondering if there’s any reason to correct it. It wouldn’t appear to be an obviously anomaly based on other properties sold. 

davidmcn

steve866 said:

davidmcn said:

Surveyors will be aware of potential glitches with this sort of data and are likely to disregard anything which looks obviously wrong (as will anybody else with any sense). So I wouldn't expect it to affect future valuations.

sweetsand said:

steve866 said:

sweetsand said:

hi
nothing to do with the two co's you mentined as the data they use is from the government, land registry I think and if you Google it - you will see, can find alsmost any property sold since 1999 I think and if wrong, contact them and they will correct, then you can alert zoopla, etc if you wish
HTH

ps - see below the gov site
https://landregistry.data.gov.uk/app/ppd

I bought the title from the land registry (and so did my solicitor I would assume when the deal progressed) and the figure was correct. Rightmove states the data comes from the Land Registry but I can't work out how without the £3 charge, unless they pay a wholesale fee.

Sorry, I hope I've understood you. You have the title register and that declares the price the same item that you can pat 3 quid for.
Send a copy to them if you want
The palce where we live mostly detached houses with a pair of semi's all victorian all vraible size, so prices varies and can vary a lot in the same year as a few inc our have been modernised and lodsa spend on it as has a few others and ours sell and one 6 doors away that is smaller and unmordinsed smaller drive etc would good for poss 300k less, so does it really matter?
If it does, speak with both of them and send them the evidence the choice is yours as you know

HTH

I’m just wondering if there’s any reason to correct it. It wouldn’t appear to be an obviously anomaly based on other properties sold. 

Any prices from 2017 are pretty irrelevant now anyway - especially if the same property has been sold more recently.