Correction Posted August 6, 2005 Share Posted August 6, 2005 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 Quote Link to comment Share on other sites More sharing options...
Pudniw Posted August 6, 2005 Share Posted August 6, 2005 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. Quote Link to comment Share on other sites More sharing options...
the end is a bit nigher Posted August 6, 2005 Share Posted August 6, 2005 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. <{POST_SNAPBACK}> 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. Quote Link to comment Share on other sites More sharing options...
ianbeale Posted August 6, 2005 Share Posted August 6, 2005 i swnt str south west for 225k in O5qi apparently i would have been 7k better of had i not sold. absolute tosh Quote Link to comment Share on other sites More sharing options...
Red Baron Posted August 6, 2005 Share Posted August 6, 2005 (edited) 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 August 6, 2005 by Red Baron Quote Link to comment Share on other sites More sharing options...
No6 Posted August 6, 2005 Share Posted August 6, 2005 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! Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.