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Panjang

Findaproperty

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I've been checking out the East Finchley pages of the Findaproperty website for the last couple of years, following the prices in one particular road there. Up until very recently they left the SOLD properties on the listings for weeks and weeks so the total properties listed for the area looked very high. I just went on (for the first time in a few weeks) and every SOLD property has been removed. I only really noticed this because I usually click straight to page 7 where the flats I'm following are usually listed. There's usually about 10 listed in this particular road, including 4 or 5 sold. Today I found them all on page 5 because there were so few properties.

Why would they suddenly do this? Is it because they know people look at the total listings and they want to hide the fact that more properties are coming on the market.

I also notice that the flats which were listed at an asking price anywhere between $350k an $390k (depending on state of repair) are now all listed between $345k and $355k.

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I've been checking out the East Finchley pages of the Findaproperty website for the last couple of years, following the prices in one particular road there. Up until very recently they left the SOLD properties on the listings for weeks and weeks so the total properties listed for the area looked very high. I just went on (for the first time in a few weeks) and every SOLD property has been removed. I only really noticed this because I usually click straight to page 7 where the flats I'm following are usually listed. There's usually about 10 listed in this particular road, including 4 or 5 sold. Today I found them all on page 5 because there were so few properties.

Why would they suddenly do this? Is it because they know people look at the total listings and they want to hide the fact that more properties are coming on the market.

I also notice that the flats which were listed at an asking price anywhere between $350k an $390k (depending on state of repair) are now all listed between $345k and $355k.

I'm also looking at East Finchley and have been keeping an eye on prices/state of market - one interesting thing I've noticed is that a lot of properties coming onto the market are 'chain free' or 'vacant possession'; could this be investors bailing out? Check out the local AVENUES free rag found outside EAs in the area. Better still, register with some EAs and get a real taste of the market... ;)

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Why would they suddenly do this? Is it because they know people look at the total listings and they want to hide the fact that more properties are coming on the market.

Yup. Must be a VI conspiracy :rolleyes:

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Can't check out the local rag as I'm living overseas. I look at the findaproperty website and the Land registry.

So if Findaproperty have changed the search function so that SOLD properties are not automatically listed - Why?

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Can't check out the local rag as I'm living overseas. I look at the findaproperty website and the Land registry.

So if Findaproperty have changed the search function so that SOLD properties are not automatically listed - Why?

At a guess, to lessen the load on their servers and to serve results faster . . . ;)

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At a guess, to lessen the load on their servers and to serve results faster . . . ;)

I think that on Rightmove you always had to elect to include properties "Sold Subject to Contract". Makes sense really.

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Glad I'm not the only one to have noticed this tiny but significant detail. I check N8 every couple of days and they added this box to tick for sold and under offer properties a couple of weeks ago, then a week later they changed it so you have to use a mini drop down menu. I also noticed a big drop in properties in N8 at the same time. Someones been tidying up methinks.

"Lets keep those stats low guys, with websites like Property Snake and HPC about we have to be careful."

I reckon theres a lot of people checking up every couple of days to see if inventory is building up.

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