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

Land Registry - Full Report May

Recommended Posts

As I remarked earlier this month, there was no monthly rise when comparing the original April number (which has now been revised down).

Five of the ten regions show a month-on-month decline, although there's a lot of noise in the LR numbers.

I've been working my way through the price-paid data this morning - remarkable gains in London, even compared to 2007 prices.

LR_June2014a.gif

Share this post


Link to post
Share on other sites
Guest

Hmmm, that's interesting.... asking prices for 3 bed semis (which could be considered an average house) in my area match exactly the LR average house price for the same area. Makes you wonder if EAs price them accordingly....

Anyone else found that where you are?

Share this post


Link to post
Share on other sites

Yet again Lincolnshire is showing a % increase on a par with the home counties, and yet again it bears no resemblance to what I'm seeing on the ground :unsure:

I can only assume that sales in the south of the county are pulling up the average, or perhaps that volumes are so small that the average is being distorted? Almost nothing is selling where I am (north of Lincoln).

Share this post


Link to post
Share on other sites

The latest data has now been incorporated in http://houseprices.io if anyone wants to explore the details. There does seem to be a lot more green in evidence this month I regret to say.

Mixture round my way, most notable thing was the volume, one page of results for May (may not have gone to end of the month, but last was 20 something of May) and there were 3 or four pages worth for April.

I am looking at places in the 500-700 range and it would appear that there are way more houses being out on for these asking prices than are being sold at these prices.

Share this post


Link to post
Share on other sites

Mixture round my way, most notable thing was the volume, one page of results for May (may not have gone to end of the month, but last was 20 something of May) and there were 3 or four pages worth for April.

I am looking at places in the 500-700 range and it would appear that there are way more houses being out on for these asking prices than are being sold at these prices.

Isn't there often quite a lag between the date of sale and it being reported at the LR?

Share this post


Link to post
Share on other sites

Isn't there often quite a lag between the date of sale and it being reported at the LR?

Usually about 2 1/2 - 3 months, from my frequent experience of having to wait for a good old nose as to what something sold for.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   218 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

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.