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tommyboy

Land Reg Figs

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can someone explain how LR data is presented

Am i right that it is not mix ajusted so beacase there percentage of sales favour the more expensive properties, there data is not true to the correct average price

With PG going on that the market is about to boom again becaus the LR price has increase, is there any mix ajusted data, or is the raw data available so you can work out a true figure.

Also anyone care to explain how any other ajustments are made and why?? seasonal???

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The LR site says "the published data are simple averages. No weighting or adjustment is applied to reflect any seasonal or other factors" LR

Although King of Nowhere on the Motley Fool site says "They only know whether it's a Flat/Terrace/Semi/Detached so that is the only mix they use" about the figures and he tends to know what he's talking about.

I think the answer is that the figures can present an inaccurate picture at low volumes because an expensive new townhouse is classed in the same bracket as a small victorian terrace etc.

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  • 302 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
      • up 2.5%
      • up 5%



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