House prices in your street.

[Stuart]

Nor have I ...

[manatbandq]

I *know* the e-mail I used to sign up has not been used by anyone else and it'smore than 6 months since I signed up.

MBQ

[PeTe33]

Wow, That really _is_ cool. Glad I started the thread now. That's one jolly usefull web-site.

Cheers Mogga

Pete

[BeeJay]

Exactly. Makes me wonder why they call it uk houseprices. Maybe it's run by the BBC.

[MM]

Amazing site!

MM

[Dave Fawthrop]

|>>>>

Hopelessly wrong for my road. It listed only a house which was sold at auction at 60% of its real value. The existing neighbour who bought it got a real bargain.

[Stuart Noble]

Certainly is! So The Land Registry is at last releasing its data. You could always check average prices for the first part of your postcode on their website, but I imagine anything more specific was considered an invasion of privacy. Bad news for estate agents I imagine, part of whose function was supposedly to keep tabs on what things sold for. They never did a very good job of that anyway

[Dave Fawthrop]

|MM wrote: |> On Wed, 08 Feb 2006 19:38:39 +0000, BeeJay wrote: |> |> |>>On Tue, 07 Feb 2006 21:36:34 +0000, Stuart |>> wrote: |>>

|>>

|>>>On Tue, 07 Feb 2006 21:25:54 GMT, "Pet @

;?)" |>>> wrote: |>>>

|>>>

|>>>>Chris Bacon wrote: |>>>>

|>>>>>Pet wrote: |>>>>>

|>>>>>>

|>>>>>|>>>>>|> |> |> Amazing site! | |Certainly is! So The Land Registry is at last releasing its data. You |could always check average prices for the first part of your postcode on |their website, but I imagine anything more specific was considered an |invasion of privacy. Bad news for estate agents I imagine, part of whose | function was supposedly to keep tabs on what things sold for. They |never did a very good job of that anyway.

I live in an old village with a mix of housing from the 1600s (Tudor) through to the present day, from Tudor manor houses, and modern executive dwellings to ex workmen's cottages. The problem of the value of any given house will remain difficult. Averages are useless in this case.

[MM]

How?? They ARE the prices achieved! How can they be 'wrong'?

MM

[MM]

So one checks achieved prices of similar properties. If I'm looking for a workman's cottage, then I will look at prices of workmen's cottages. Moreover, the prices will permit comparison between your village and one, say, twenty miles away that happens to be close to a main line station or has broadband.

MM

[Tony Hogarty]

Not entirely useless but yes it is far more difficult to give a statistically meaningful average when the area is very mixed like this. Generally there are insufficient transactions within any one Postcode area to safely conclude averages as most Postcodes contain only 10 - 15 houses. You can probably get a useful trend but with a wide variabilty margin.

[Chris Bacon]

No idea. The prices come from the Land Registry. Perhaps Mr. Fawthrop will come up with an explanation.

[Dave Fawthrop]

|On Thu, 09 Feb 2006 10:39:41 +0000, Dave Fawthrop | wrote: | |>On Thu, 09 Feb 2006 10:28:03 +0000, MM wrote: |>

|>

|>|>>>>

|>

|>Hopelessly wrong for my road.

|How?? They ARE the prices achieved! How can they be 'wrong'?

Price achieved, at auction, is not what you will get if you sell in the normal way.

[Chris Bacon]

Which post? Do you mean that "houseprices" have got the wrong figures for prices realised in "your street", or that they have calculated a wrong average price - or what?

[manatbandq]

One has to wonder why it was sold at auction. It usually indicates some problem in selling the "normal" way.

MBQ

[Dave Fawthrop]

| |Dave Fawthrop wrote: |> On Thu, 09 Feb 2006 14:22:41 +0000, MM wrote: |>

|> |On Thu, 09 Feb 2006 10:39:41 +0000, Dave Fawthrop |> | wrote: |> | |> |>On Thu, 09 Feb 2006 10:28:03 +0000, MM wrote: |> |>

|> |>

|> |>|>>>>

|> |>

|> |>Hopelessly wrong for my road. |>

|> |>

|> |How?? They ARE the prices achieved! How can they be 'wrong'? |>

|> Price achieved, at auction, is not what you will get if you sell in the |> normal way. | |One has to wonder why it was sold at auction. It usually indicates some |problem in selling the "normal" way.

Owner had drastic financial problems, repossessed :-(

[Dave Fawthrop]

|Dave Fawthrop wrote: |> MM wrote: |> | Dave Fawthrop wrote: |> |>MM wrote: |> |> Someone wrote, but the attributions were horribly munged: |> |>|>>>>

|> |>

|> |>Hopelessly wrong for my road. |> |> | |Which post?

Message-ID:

[Helen Deborah Vecht]

MM typed

Maybe little has changed hands in the last 5 years.

I don't think shooting the messenger is fair.

[Chris Bacon]

So "houseprices" is accurate, not "wrong". It gives the figure the house sold for.

[Dave Fawthrop]

|Dave Fawthrop wrote: |> Chris Bacon wrote |> |Dave Fawthrop wrote: |> |> MM wrote: |> |> | Dave Fawthrop wrote: |> |> |>MM wrote: |> |> |> Someone wrote, but the attributions were horribly munged: |> |> |>|>>>>

|> |> |>Hopelessly wrong for my road. |> |> |> |Which post? |> |> Message-ID: | |So "houseprices" is accurate, not "wrong". It gives the figure |the house sold for.

But it is 60% of the *value* on the open market.