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Charles_Darke

Localised Hp Charts

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I came across a site the other day which gave you the actually selling price (not asking!) for all houses on a given street or in a postcode area. I can't seem to find it again. Anyone recognise this? (not upmystreet).

I was thinking of compiling a HP chart for the last few years on given streets/areas and also creating a HP/earnings chart (anyone know where to get localised wage data?).

The UK market is far from homogeneous and so it would be interesting to get local analysis. Has anyone done this already?

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I came across a site the other day which gave you the actually selling price (not asking!) for all houses on a given street or in a postcode area. I can't seem to find it again. Anyone recognise this? (not upmystreet).

I was thinking of compiling a HP chart for the last few years on given streets/areas and also creating a HP/earnings chart (anyone know where to get localised wage data?).

The UK market is far from homogeneous and so it would be interesting to get local analysis. Has anyone done this already?

I use rightmove.co.uk

They seem gain access to the land registry's property sales prices before most others.

You do have to sign up but it's free and no hassle

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I came across a site the other day which gave you the actually selling price (not asking!) for all houses on a given street or in a postcode area. I can't seem to find it again. Anyone recognise this? (not upmystreet).

I was thinking of compiling a HP chart for the last few years on given streets/areas and also creating a HP/earnings chart (anyone know where to get localised wage data?).

The UK market is far from homogeneous and so it would be interesting to get local analysis. Has anyone done this already?

There are loads of them, all based on Land Registry data.

Google land registry data and you'll find a whole load. Only bother with the free ones - no point paying.

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Thanks. It might have been right move, I'll take a look. All seem to be 2000 onwards. Anyone know where pre-2000 data can be obtained for free?

Did a quick scatter chart for Long Lane flats (see attachment).

longlane.GIF

post-4845-1148645057.gif

Edited by Charles_Darke

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home.co.uk, do monthly average prices using LR data

worcester :

http://www.home.co.uk/guides/house_prices_...worcester&all=1

leeds :

http://www.home.co.uk/guides/house_prices_...ion=leeds&all=1

Manchester :

http://www.home.co.uk/guides/house_prices_...anchester&all=1

Birmingham :

http://www.home.co.uk/guides/house_prices_...irmingham&all=1

York :

http://www.home.co.uk/guides/house_prices_...tion=york&all=1

You seeing a trend yet ;p what is intersting is that the average asking price of a terrace on rightmove is about 20->30k above the average sale price (using homes current price report). This is combined with a recent reduction in the sale quantities. The other thing these reports show is property is cyclical, and there are lots of short term cycles.

If you want to buy property, wait for a short term cycle trough, and offer well below the asking price, you could save 20-30k on a terrace more on a larger property. The average sale prices have fluctuated wildly over the past few years...

Edited by moosetea

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Thanks. It might have been right move, I'll take a look. All seem to be 2000 onwards. Anyone know where pre-2000 data can be obtained for free?

Did a quick scatter chart for Long Lane flats (see attachment).

Ah yes, what an excellent illustration of the new-build bubble in the last few years... :unsure:

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Ah yes, what an excellent illustration of the new-build bubble in the last few years... :unsure:

What was striking was the huge gap in the chart when I put only the non-new builds in. When I put the new builds in there, they just plugged that gap. Interestingly, when the new builds were available, it looks like there were no sales of non-new at that time!

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demand is limited, looks like there werent many properties in the area before the new build, and most to the right are resales at a lower price. It is often difficult to resell a newbuild at the orginal price, if you look at new build flats in many city centres the resale value is 10% to 20% lower. Not too much of a problem if HPI is running at 10->20%....

Edited by moosetea

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demand is limited, looks like there werent many properties in the area before the new build, and most to the right are resales at a lower price. It is often difficult to resell a newbuild at the orginal price, if you look at new build flats in many city centres the resale value is 10% to 20% lower. Not too much of a problem if HPI is running at 10->20%....

>demand is limited, looks like there werent many properties in the area before the new build,

No sales before new builds then more sales? Sounds like you're saying supply is limited...

>and most to the right are resales at a lower price.

Nope, only 13 of the 127 data points are re-sales within the same period

>the resale value is 10% to 20% lower.

I don't know where you're getting this from, the data doesn't bear this out:

Date Price Gain/(loss) % Gain Churn % gain/loss pa property

05/04/2005 £235,000 -£15,000 -6.0% 3.0 -2.0% 230 Printworks Apartments, Flat 6, Long Lane, Southwark, London, Greater London, SE1 4QA

22/10/2005 £266,000 £71,000 36.4% 3.7 9.9% 237,10 Apartment, Long Lane, Southwark, London, Greater London, SE1 4PX

17/09/2002 £250,000 £25,000 11.1% 0.6 20.2% 237a, 12 Apartment, Long Lane, Southwark, London, Greater London, SE1 4PX

08/04/2005 £321,250 £71,250 28.5% 2.6 11.1% 237a, 12 Apartment, Long Lane, Southwark, London, Greater London, SE1 4PX

31/10/2003 £335,000 £10,000 3.1% 1.3 2.4% 239, 23 Flat, Long Lane, Southwark, London, Greater London, SE1 4PT

05/02/2003 £345,000 £95,000 38.0% 2.5 15.5% 239, 31 Flat, Long Lane, Southwark, London, Greater London, SE1 4PT

17/10/2003 £342,500 £92,500 37.0% 3.2 11.7% 239, 39 Flat, Long Lane, Southwark, London, Greater London, SE1 4PT

24/04/2003 £273,000 £8,000 3.0% 1.5 2.0% 5 27 Madison Apartments, 107, Long Lane, Southwark, London, Greater London, SE1 4PF

21/12/2001 £220,000 £30,000 15.8% 0.1 115.3% 5 27 Madison Apartments, 108, Long Lane, Southwark, London, Greater London, SE1 4PF

01/03/2002 £250,000 £35,000 16.3% 0.3 62.5% 5 27 Madison Apartments, 308, Long Lane, Southwark, London, Greater London, SE1 4PF

21/03/2003 £250,000 £12,000 5.0% 1.3 3.7% 5 27 Madison Apartments, 402, Long Lane, Southwark, London, Greater London, SE1 4PF

14/08/2003 £283,000 -£7,000 -2.4% 1.8 -1.4% 5 27 Madison Apartments, 506, Long Lane, Southwark, London, Greater London, SE1 4PF

15/08/2005 £205,000 £35,000 20.6% 3.1 6.7% Dunkirk House, Flat 15, Long Lane, Southwark, London, Greater London, SE1 4BT

Edited by Charles_Darke

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>demand is limited, looks like there werent many properties in the area before the new build,

No sales before new builds then more sales? Sounds like you're saying supply is limited...

>and most to the right are resales at a lower price.

Nope, only 13 of the 127 data points are re-sales within the same period

>the resale value is 10% to 20% lower.

I don't know where you're getting this from, the data doesn't bear this out:

Date Price Gain/(loss) % Gain Churn % gain/loss pa property

05/04/2005 £235,000 -£15,000 -6.0% 3.0 -2.0% 230 Printworks Apartments, Flat 6, Long Lane, Southwark, London, Greater London, SE1 4QA

22/10/2005 £266,000 £71,000 36.4% 3.7 9.9% 237,10 Apartment, Long Lane, Southwark, London, Greater London, SE1 4PX

17/09/2002 £250,000 £25,000 11.1% 0.6 20.2% 237a, 12 Apartment, Long Lane, Southwark, London, Greater London, SE1 4PX

08/04/2005 £321,250 £71,250 28.5% 2.6 11.1% 237a, 12 Apartment, Long Lane, Southwark, London, Greater London, SE1 4PX

31/10/2003 £335,000 £10,000 3.1% 1.3 2.4% 239, 23 Flat, Long Lane, Southwark, London, Greater London, SE1 4PT

05/02/2003 £345,000 £95,000 38.0% 2.5 15.5% 239, 31 Flat, Long Lane, Southwark, London, Greater London, SE1 4PT

17/10/2003 £342,500 £92,500 37.0% 3.2 11.7% 239, 39 Flat, Long Lane, Southwark, London, Greater London, SE1 4PT

24/04/2003 £273,000 £8,000 3.0% 1.5 2.0% 5 27 Madison Apartments, 107, Long Lane, Southwark, London, Greater London, SE1 4PF

21/12/2001 £220,000 £30,000 15.8% 0.1 115.3% 5 27 Madison Apartments, 108, Long Lane, Southwark, London, Greater London, SE1 4PF

01/03/2002 £250,000 £35,000 16.3% 0.3 62.5% 5 27 Madison Apartments, 308, Long Lane, Southwark, London, Greater London, SE1 4PF

21/03/2003 £250,000 £12,000 5.0% 1.3 3.7% 5 27 Madison Apartments, 402, Long Lane, Southwark, London, Greater London, SE1 4PF

14/08/2003 £283,000 -£7,000 -2.4% 1.8 -1.4% 5 27 Madison Apartments, 506, Long Lane, Southwark, London, Greater London, SE1 4PF

15/08/2005 £205,000 £35,000 20.6% 3.1 6.7% Dunkirk House, Flat 15, Long Lane, Southwark, London, Greater London, SE1 4BT

I get my info on analysis on recent flats in birmingham and other cities, the flat reposetions are coming in well below the original prices. Also beware of builders buying well BMV and selling the flats on after completion. a bunch of flats where i live were sold for 50k each last year and there selling for 200k now as new. Seen evidence for this in other blocks.

It looks like your doing all the right analysis though :)

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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% +
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      • Even
      • up 2.5%
      • up 5%



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