Mystery very low price sale - Rightmove and Zoopla disagree

RainbowsInTheSpray

Zoopla lists it under their sold prices record. I can only shrug.

Smalltownhypocrite

Could be lots of reasons.

It may never have been listed public and been a private sale (more common than people think). It might be family buying out one another or someone selling to a family member or friend for just enough to pay of the outstanding mortgage if they faced repossession etc... 

I noticed years ago it happens LOADS round here. We where looking for a 4+ bed house and lots of BIG empty derelict houses or empty houses would sell for like £5 or £15k when they are worth hundred. We would have been interested in many of them and paid much but they weren't public sales, there must be a reason for it. Its probably just some formality. 

Herzlos

If it's a split equity sale - i.e. 1 partner buying another out, then I *think* the price is the money that changed hands and not the total value. 

That'd also explain why it wasn't on the open market.