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fru-gal

Zoopla Now Shows Property Size (In Ft2) By Each Listing

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This must be a new feature. When you search for properties in your area, when the list is generated it now shows the size of each property in ft2. So now it's much easier to see what you are getting for your £££s.

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zoopla is a clunky website, imo. I can't even right-click into the search field and paste in a postcode or area, on the home-page Have to use Ctrl V. The 'Ask Phil' thing, with him looking a bit too smug, on every search page. Doesn't group together historic sold prices, as RM sold prices does.

Ok I've looked an see what you mean; against some of their listings. Sadly it's against asking prices which are way too high.

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I just took a quick peek, and could see that about 4% of the listings actually had this information and out of those listings most property sizes were between 1,100 and 1200 sqft. Most that had property size listed also had tiny plots, so no comparison could be made for me as I always look at plot size before shell size.

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This must be a new feature. When you search for properties in your area, when the list is generated it now shows the size of each property in ft2. So now it's much easier to see what you are getting for your £££s.

This is a step in the right direction, however it does show (even more clearly) how insanely overpriced property is. For example, I found this little "gem" (743 sq ft) for only £345k: http://www.zoopla.co.uk/for-sale/details/33726302

£5000 per square meter.

Local salaries are around £27k per year. If you are buying for 4x the average local wage (£108k), then you can only afford a house of 21.6 sq meters. Insane.

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This must be a new feature. When you search for properties in your area, when the list is generated it now shows the size of each property in ft2. So now it's much easier to see what you are getting for your £££s.

all ads should include the epc report which includes internal floor area. The fact that many ads don't let you see more than the summary page and some have no epc info at all is against regs and is a finable offence. No-one seems to bothered in enforcing it and punters continue to work on limited info. When l was looking for a house price, sq ft would have speeded up browsing 10 fold. No need to go see a house to see how clever the photos hid the tiny rooms etc

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Compare this to how it's done in Denmark:

http://www.boligsiden.dk/resultat/2a73db311bae43d7b8dd7be130bf6ac9

Google translate does a decent job if you're not speaking Danish. The listing including the Price, Price/sqm2, total internal net area, internal gross area and the plot area. You can also get detailed information like when it was built, last renovated etc

UK has a long way to go when it comes to showing all the details about properties. Especially when you're renting it's impossible to see the sqm2 of most properties and when buying the floorplans don't seem very professionally done.

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When I last bought, there was a wild discrepancy between the area shown in the EPC and the Homebuyers Survey. It will be worse than nothing, if there isn't consistency in measuring hallways, bathrooms, storage, garages, lofts and outbuildings. Agents already cannot account for L shaped rooms or non-right angles. Rightmove cannot even tell the difference between a trailer park and a house - the data is not likely to be good enough to spot relative bargains using £sqft.

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I've decided to take the cheapest 5 houses/flats, the most expensive 5 cheapest houses/flats and the 5 nearest the middle point (e.g. listing 150 of 300) to try and get an average price per m2 in Cambridge:

Results are:

Cheapest:

£135k for 269sqft = 24.991m2 = £5402 per m2

£160k for 490 = 45.52 = £3514

£165k for 463 = 43.01 = £3836

£167k for 294 = 27.31 = £6114

£170k for 506 =47 = £3617

Median

£385k for 764 = 70.98 = £5424

£395k for 1151 = 106.93 = £3694

£400k for 1173 = 108.98 = £3670

£400k for 915 = 85= £4705

£425k for 904 = 83.98 = £5060

Top End

£2500k for 6440 = 598.3 = £4178

£1800k for 3500 = 325.16 = £5535

£1350k for 2379 = 221.02 = £6108

£1295k for 2199 = 204.29 = £6339

£1250k for 2067 = 192.03 = £6509

Average price per m2 of living space in Cambridge is £4913.

I've just had a quote for an extension to our house which I was shocked about how expensive it was and it comes out at £2100 a m2. Looking at those figures I think it would be a good investment.

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I've decided to take the cheapest 5 houses/flats, the most expensive 5 cheapest houses/flats and the 5 nearest the middle point (e.g. listing 150 of 300) to try and get an average price per m2 in Cambridge:

Results are:

Cheapest:

£135k for 269sqft = 24.991m2 = £5402 per m2

£160k for 490 = 45.52 = £3514

£165k for 463 = 43.01 = £3836

£167k for 294 = 27.31 = £6114

£170k for 506 =47 = £3617

Median

£385k for 764 = 70.98 = £5424

£395k for 1151 = 106.93 = £3694

£400k for 1173 = 108.98 = £3670

£400k for 915 = 85= £4705

£425k for 904 = 83.98 = £5060

Top End

£2500k for 6440 = 598.3 = £4178

£1800k for 3500 = 325.16 = £5535

£1350k for 2379 = 221.02 = £6108

£1295k for 2199 = 204.29 = £6339

£1250k for 2067 = 192.03 = £6509

Average price per m2 of living space in Cambridge is £4913.

I've just had a quote for an extension to our house which I was shocked about how expensive it was and it comes out at £2100 a m2. Looking at those figures I think it would be a good investment.

I really don't get Cambridge at all - the center is entirely gated communities (colleges) and in the gaps they didn't want, the most generic shops in the world, all of which are shut by 6pm. Not many noteworthy pubs or restaurants as most of the gate-dwellers don't need to venture out at all, and why would you when all the nice bits are inside the fortresses...

And yet, property is more expensive than many parts of London - e.g. this place I found in 30s in NW5 :http://www.zoopla.co.uk/for-sale/details/32268163

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Sq footage isnt perfect, e.g. very high ceilings are usually dead space you have to heat

still its better than nothing

What does high ceilings have to do with anything? It is square footage they are providing - i.e. floorspace, not cubic footage

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