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tboy

Tracking The Market With Real Data

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I used www.houseprices.co.uk to find out actual sales data for my area, "Islington N1", and found the following sales for Feb 1 to Apr 24 for each year (I picked these dates as that was the range on the first page that came up):

2009 - 98 sales

2008 - 148 sales

2007 - 210 sales

2006 - 226 sales

2005 - 157 sales

2004 - 229 sales

2003 - 142 sales

2002 - 160 sales

2001 - 194 sales

2000 - 172 sales

So market clearly in slowdown mode, with transactions running a little over 50% of the pre-credit crunch average (I would have guessed it as lower than that myself).

Quite interesting what data is out there, next I want to compare resales of the same properties over the years, because I'm curious how many properties are actually selling for lower than the previous purchase price...I suspect very few, as the whole mentality in this country seems to be to just hang on until the market comes back...I don't think this crash really escalates like the US one has until people become resigned to the fact they've lost money AND are then willing to sell at a loss.

I know there are a number of sites out there that all pull the same data from the Land Registry, I use the one above as its free, but do any allow you to download data (I want to put it in Excel) ?

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