Friday, Mar 30, 2007
Search actual house prices in your area
Useful link: www.houseprices.co.uk
Perhaps the second major driver for the current property bubble (after cheap credit) is the lack of transparency of this market. Professional sellers (the agents) have a very easy task convincing uninformed buyers. I wonder how many people actually check recent transactions in the same neighbourood or even the purchase prices of the same house by the previous owners (... could the "envy factor" help keeping prices down?). This site is also user friendly... have fun!
Posted by confused76 @ 08:02 PM (420 views) Add Comment
4 Comments
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1. enuii said...
My word you are confused, confused76!
2. This comment has been removed as it was found to be in breach of our Blog Policies.
3. nearly30 said...
Great link!!! Good find!!
Looked up my postcode - found a couple of houses right across the road - terraces.
One sold for £35,000 27/10/2000 - re-sold for £77,000 26/03/2004 then re-sold again for £99,000 24/11/2006.
So between 27/10/2000 and 26/03/2004 - it went up approx £1,000 a month then from 26/03/2004 to 24/11/2006 by £700 a month - not bad an investment there!!
Oh - another - sold for £48,500 25/04/2003 then re-sold for £81,000 06/12/2004 - so up by approx £1,700 per month - WOW!!!
Not a particularly special street either!
4. This comment has been removed as it was found to be in breach of our Blog Policies.