Jump to content
House Price Crash Forum
Sign in to follow this  

Land Reg Figures Out Monday

Recommended Posts

LR figure: -0.003%

Figure on the street: -2.05%

I may exchange contracts in a week or so and the house I am buying at 200k was bought in 2002 for £189k. That means house prices went up if you base it on my example.

LR also fail to take into account improvements that flippers undertake. E.g. Nigel and Timmy buy a delapitaded semi in NW10 for £700k and put in a new S & D kitchen and Faberge bathroom and rosewood floors everywhere and sell for £950k 6 months later. Problme is that they spent over £350k doing the place up which means the house sold for a loss but accoring to the LR is mega HPI.

Edited by Realistbear

Share this post

Link to post
Share on other sites

Land Reg normally gets a lot of media coverage. Rightly or wrongly, it is regarded as the most accurate data out there.

If everything goes as expected, this should shift further into the YoY negative.

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 312 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%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.