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Auction | Auctionhouse | North West | 60 Lots


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#91 M21er

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Posted 28 April 2012 - 12:11 PM

have to say I prefer nominal prices.inflation hits people differently.


ZB

I would still include nominal for every lot as now

I'm thinking I would also include an inflation-adjusted purchase price for those purchases earlier than say 2005?

Looking at the yearly average index from RPI All Items, the price level has increased by ~60% since 1995


1995 149.1 57.75%
1996 152.7 54.03%
1997 157.5 49.33%
1998 162.9 44.38%
1999 165.4 42.20%
2000 170.3 38.11%
2001 173.3 35.72%
2002 176.2 33.48%
2003 181.3 29.73%
2004 186.7 25.98%
2005 192.0 22.50%
2006 198.1 18.73%
2007 206.6 13.84%
2008 214.8 9.50%
2009 213.7 10.06%
2010 223.6 5.19%
2011 235.2 0.00%

Once setup, I can easily include lots of analysis about each auction result - I need to be careful not to include too much information which detracts from the core result - A profit or loss in actual cash terms.

M21er


Edit: Grammar & Spelling etc

Edited by M21er, 28 April 2012 - 12:12 PM.

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#92 Redcellar

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Posted 28 April 2012 - 01:40 PM

Excellent job thank you.
I actually read it all which is quite amazing for me and showed how engrossed I was :)

NW seems to be having lots of 50% reductions is what I can see, well at least for the 'average' or common properties (terraces etc). The highly desirable properties keep their value better of course.

Also noted the unsolds even where the guide prices were met, seems odd they had a reserve greater than guide price. Why on earth would that happen?
Allegedly.




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