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Land Reg Q4 Statistics

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http://www.landregistry.gov.uk/about_us/pr...article_id=8262

Well, there you go ......... I suppose thats what you bears would call a crash then !!

:lol:

Its what the real world calls a rise though - prices up and worst of all volumes rocketing ahead.

Yep looks like that interest rate cut in August really gave the market a kick. If the next move is up though, which looks increasingly likely, the psychological impact will be devastating.

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An annual increase of 4.60 per cent compared to an annual increase of 11.82 per cent for the same period last year.

That's a decent slowdown, it becomes more emphasized as the YoY figures roll on, I think the leap in volumes is indicative of the bounce and double-top seen in previous crashes (a nice sawtooth), once the current batch of buyers are exhausted will they attract every more people at increasing prices. Prices are set on the margins of course and the media has done a good job of suckering people in.

How many bought in anticipation of SIPPS?

EDIT: Ouch, look at that table, the South and the Midlands are lagging, whilst the North is still insane, the ripple effect in action.

Edited by BuyingBear

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http://www.landregistry.gov.uk/about_us/pr...article_id=8262

Its what the real world calls a rise though - prices up and worst of all volumes rocketing ahead.

Not rising everywhere though. Looking at Reading for example, every property type has dropped in value, for example, flats and maisonettes by -6%.

What I don't understand with the Reading figures though is that, even though each property type's value is lower than in 2004, the combined final column (labelled "Average Price") shows that prices have increased by about £1000. Or am I missing something?

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Not rising everywhere though. Looking at Reading for example, every property type has dropped in value, for example, flats and maisonettes by -6%.

You mean the press release doesn't reflect the underlying figures, but it includes loads of words like increased ?!?

Campbell is back in town, btw.

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Hmmm so looking back on the Q3 report from the LR, prices are actually down in Q4 from Q3

Is there any reason why they haven't compared prices to the last quarter or is that just the way they always do things?

Still, prices have fallen, not by a huge amount though but theres still some areas increasing rapidly and masking other areas that are seeing some quite serious falls.

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Hmmm so looking back on the Q3 report from the LR, prices are actually down in Q4 from Q3

You're right! Look at detached houses in York, -13% in one quarter!

Where's the biggest fall?

Edited by spleeper

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Northamptonshire

............................ Q3...............Q4

Detached...........252,094........248,134

Semi.................148,443........145,098

Terraced............120,696........123,447

Flat....................105,889........111,421

All......................165,090........164,361

All looks pretty static to me

YOY

............................2004.............2005

Detached............249,623......... 248,134

Semi..................144,323..........145,098

Terraced.............118,839..........123,447

Flat....................106,601..........111,421

All......................163,310..........164,361

Again pretty flat, except flats(suprisingly) which have seen the biggest increase

EDIT - Anyone know a way to do columns of figures without all the whitespace being removed?

Edited by wtc

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York

............................ Q3...............Q4

Detached...........286,602........249,374

Semi.................173,650........174,195

Terraced............163,648........155,544

Flat....................145,689 ........153,783

All......................186,343........177,308

YOY

............................2004.............2005

Detached............275,512......... 249,374

Semi..................167,090..........174,195

Terraced.............170,885..........155,544

Flat.....................149,169.........153,783

All......................185,191..........177,308

Ouch time in York :D

Look at that drop in price for detached houses between Q3 and Q4.........but of course house prices never fall ;) Except when then drop approx. 13% in a single quater :P

Edited by wtc

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All UK properties

............................ Q3...............Q4...........%

Detached...........301,771........293,248...... -2.8

Semi.................177,087........174,744...... -1.3

Terraced............151,826........149,906...... -1.2

Flat....................174,886 ........173,915..... -0.5

All......................194,589........191,327...... -1.6

So there you have it, falls across the board when Q3 is compared to Q4. Funny how the OP posted this report along with a smug "told you prices weren't falling" remark, perhaps he should have examing the figures closer. Prices may not be down YOY, but I don't think anyone was expecting the report to show that.

Edited by wtc

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So, either the North/Scotland/N Ireland slow down and the figures for the whole UK eventually calm down/fall, or the north eventually becomes more expensive than London. ;)

This crash is taking its time. But that doesn't mean it won't become a full blown crash.

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So, either the North/Scotland/N Ireland slow down and the figures for the whole UK eventually calm down/fall, or the north eventually becomes more expensive than London. ;)

This crash is taking its time. But that doesn't mean it won't become a full blown crash.

If you add in the GDP deflator we've witness a 2% fall quarter on quarter for all UK property despite the Raging North.

The curious thing about percentages is the fact they compound nicely on the downside.

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Property prices, all property types, Lambeth:

Price £ Sales Year

267463 4683 2005

253027 6143 2004

237537 5597 2003

229276 7438 2002

211363 6043 2001

178822 6109 2000

146183 6021 1999

126836 5494 1998

103438 6130 1997

94586 4942 1996

79621 3551 1995

Lowest sales last year for 10 years! :lol::lol::lol:

And the numbers of flats selling decreased, while the numbers of detached houses selling increased - wonder if they helps to explain the figures ;)

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And the numbers of flats selling decreased, while the numbers of detached houses selling increased - wonder if they helps to explain the figures ;)

:o If the last 4-5% YoY increases in Q4 are factored into expensive detached property then clearly it makes the market appear rosy in actual terms.

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http://www.landregistry.gov.uk/about_us/pr...article_id=8262

Well, there you go ......... I suppose thats what you bears would call a crash then !!

:lol:

Its what the real world calls a rise though - prices up and worst of all volumes rocketing ahead.

yup... marvelous..

now have a closer look

plus BBC this morning announced that house prices fell in october - december..

The crash is amongst us..

:)

Edited by apom

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If volumes are rising then who the hell is buying if FTBers are at an all time low? Probably explains why flats are down but big houses are still selling.

Best set of figures ever.

Edited by FollowTheBear

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  • 301 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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