OzzMosiz Report post Posted February 9, 2006 Since when has Portugal been in Derbyshire?? http://www.rightmove.co.uk/property-for-sa...st-midlands.rsp Quote Share this post Link to post Share on other sites
alexays Report post Posted February 9, 2006 Since when has Portugal been in Derbyshire?? http://www.rightmove.co.uk/property-for-sa...st-midlands.rsp Had to browse through the rest of the properties and f**king hell Derbyshire's expensive. Was looking for "working gold mine" on most of the property details, but could find none! Quote Share this post Link to post Share on other sites
Guest muttley Report post Posted February 9, 2006 (edited) My favourite RightMove error..... zorn logging on from www.rightmove.co.uk Edited February 10, 2006 by muttley Quote Share this post Link to post Share on other sites
OzzMosiz Report post Posted February 9, 2006 (edited) No wonder Yorkshire/Humberside is holding up in Rightmove figures. Unbelievable!!!!!!! http://www.rightmove.co.uk/viewdetails-569...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-572...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-576...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-576...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-576...pa_n=1&tr_t=buy Edited February 9, 2006 by OzzMosiz Quote Share this post Link to post Share on other sites
Guest muttley Report post Posted February 9, 2006 No wonder Yorkshire/Humberside is holding up in Rightmove figures. Unbelievable!!!!!!! http://www.rightmove.co.uk/viewdetails-569...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-572...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-576...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-576...pa_n=1&tr_t=buy http://www.rightmove.co.uk/viewdetails-576...pa_n=1&tr_t=buy OzzMosiz, you're not suggesting that RightMove are DELIBERATELY reporting false asking prices in order to gerrymander the figures and give the impression that the market is strong. If that were true these prices will be corrected first thing tomorrow as I feel sure that RightMove.co.uk regularly monitor this site. Quote Share this post Link to post Share on other sites
OzzMosiz Report post Posted February 9, 2006 Oxfordshire:, either this is a mistake or someone is taking the pi** http://www.rightmove.co.uk/viewdetails-566...pa_n=1&tr_t=buy Quote Share this post Link to post Share on other sites
Guest Bart of Darkness Report post Posted February 9, 2006 OzzMosiz, you're not suggesting that RightMove are DELIBERATELY reporting false asking prices in order to gerrymander the figures and give the impression that the market is strong. If that were true these prices will be corrected first thing tomorrow as I feel sure that RightMove.co.uk regularly monitor this site. I'm shocked, shocked at such a suggestion! (Well not that shocked!) Quote Share this post Link to post Share on other sites
ʎqɐqɹǝʞɐɥs Report post Posted February 9, 2006 OzzMosiz, you're not suggesting that RightMove are DELIBERATELY reporting false asking prices in order to gerrymander the figures and give the impression that the market is strong. If that were true these prices will be corrected first thing tomorrow as I feel sure that RightMove.co.uk regularly monitor this site. Thats bordering on slander! How dare you suggest such a thing!!! :angry: :angry: :angry: :angry: Everybody round here knows it will probably take Rightmove over a month to correct the figures. Quote Share this post Link to post Share on other sites
HouseDog Report post Posted February 10, 2006 ..... I feel sure that RightMove.co.uk regularly monitor this site. Anyone notice a change on some of these? HD Quote Share this post Link to post Share on other sites
Realistbear Report post Posted February 10, 2006 Sniff sniff, anyone smell a rat? Wonder if there is a whistleblower who will admit that the VIs are listing a few billion pound semis to keep the pace of HPI moving upward? A good nose it not always a good thing: http://www.devilducky.com/media/26599 Quote Share this post Link to post Share on other sites
Guest muttley Report post Posted February 10, 2006 Anyone notice a change on some of these? HD Now can anyone explain how a house for sale at £94,950 can be accidentally listed at £999,999? £949,500 could be a typo,but £999,999!!?? Quote Share this post Link to post Share on other sites
Guest Report post Posted February 10, 2006 I wouldn't be at all surprised if the software just totals up the numbers that happen to be in the database. Computers do precisely what they are told. If they don't do what you expect, it's because you told it wrong! This could potentially be and embarassment for Rightmove if it was proven that publicly released statements were based on this sort of "data". I would expect a massive fall in their share price as investors scurry for the exits as a spotty teenage summer CS student tries to write a routine to correct Rightmove's prices. Quote Share this post Link to post Share on other sites
Guest muttley Report post Posted February 17, 2006 Interestingly since this thread was started 4 of the 5 properties highlighted by OzzMosis at £999,999 have benn "Removed from the market" whilst the 5th has been reduced from£999,999 to £95,450.* *And they say prices aren't falling. Quote Share this post Link to post Share on other sites
Lord Lucan Report post Posted February 17, 2006 I wouldn't be at all surprised if the software just totals up the numbers that happen to be in the database. Computers do precisely what they are told. If they don't do what you expect, it's because you told it wrong! This could potentially be and embarassment for Rightmove if it was proven that publicly released statements were based on this sort of "data". I would expect a massive fall in their share price as investors scurry for the exits as a spotty teenage summer CS student tries to write a routine to correct Rightmove's prices. I contacted rightmove regarding this last year as I was concerned about manipulation of figures. Reply below: Hello To answer your question, the index is carried out on properties that have come onto our site within the last month. If there are properties on there that are 3 s.d out of the mean then they will not be included. This is the case for every postcode area and property type, so that property you are referring to is likely to be excluded as it is out of the mean for the type of property and postcode. kind regards Charlotte Wheeler Market Intelligence Executive Quote Share this post Link to post Share on other sites
Realistbear Report post Posted February 17, 2006 I contacted rightmove regarding this last year as I was concerned about manipulation of figures. Reply below: Hello To answer your question, the index is carried out on properties that have come onto our site within the last month. If there are properties on there that are 3 s.d out of the mean then they will not be included. This is the case for every postcode area and property type, so that property you are referring to is likely to be excluded as it is out of the mean for the type of property and postcode. kind regards Charlotte Wheeler Market Intelligence Executive Is "likely" to be excluded? Quote Share this post Link to post Share on other sites
jon Report post Posted February 17, 2006 (edited) I contacted rightmove regarding this last year as I was concerned about manipulation of figures. Reply below: Hello To answer your question, the index is carried out on properties that have come onto our site within the last month. If there are properties on there that are 3 s.d out of the mean then they will not be included. This is the case for every postcode area and property type, so that property you are referring to is likely to be excluded as it is out of the mean for the type of property and postcode. kind regards Charlotte Wheeler Market Intelligence Executive And this is one of the problems with RightMove ... they don't take into account properties sat on their books for a while whose asking price falls. Unless the property is de-listed and re-listed under a new number (only a few are), NO asking price reductions are accounted for in RightMove's figures. Until they begin to do this their figures are without value. Its a shame the press don't pick up on it. Edited February 17, 2006 by jon Quote Share this post Link to post Share on other sites
Lord Lucan Report post Posted February 17, 2006 Is "likely" to be excluded? Yep, that's why the rightmove figures (as well as the other indices) should be ignored. We have no way of knowing the accuracy of the data used to formulate the final figures. Best thing to do (which most do here anyway) is to get out on the street and use your eyes and ears. Quote Share this post Link to post Share on other sites
