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Correction

Halifax House Price Calculator - ?

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Just tried the halifax house price calculator http://www.hbosplc.com/economy/HousePriceCalculator.asp

Absolute rubbish, I bought in Q2 2000 for £165K. Asking prices peaked Summer 2004 at about £295K, though on nethouse prices, the highest price paid was £250K.

What does the houseprice calculator estimate as the value of my house?

£353K !!

Complete xollob, I'd be interested to know if it's as way out for others

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Hmmmm, I kind of agree. I did a calc on my house in Yorkshire and seriously doubt it has gone up from £160k in Q3 2003 to £210k Q2 2005.

I know it's a broad based average but it doesn't even resemble reality here.

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Hmmmm, I kind of agree.  I did a calc on my house in Yorkshire and seriously doubt it has gone up from £160k in Q3 2003 to £210k Q2 2005.

I know it's a broad based average but it doesn't even resemble reality here.

Funnily enough i was speaking to someone about their house in York the other day. They bought in October 2003 for £200k, the last equivalent one to be sold there was in January 2005 for 208K. NOt much of a rise really and certainly not what the Halifax might lead us to believe.

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I have searched three houses that I bought and sold between 1987 and 2003. In every case the results were wildly wrong.

If the Halifax can be so inaccurate on historical data I do wonder about the truth of their regular reports on the property market.

Edited by Red Baron

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House price calculator

An average house, in the Greater London region valued at £1 in 1983 Q1 would be worth £6 in 2005 Q2.

A change of 533.5 percent.

Blimey!

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
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