I Told You So Posted March 2, 2005 Share Posted March 2, 2005 They have updated for Jan 05 So did a search on London W9 which has thousands upon thousands of mansion block flats. Total sold for January = 6 Yes thats 6 for the whole of London W9, if this is correct then there going to be a lot of EA's going under especially when theres probably 15 companies at least serving the area. Thats 6 fees split between 15 offices Link to comment Share on other sites More sharing options...
AteMoose Posted March 2, 2005 Share Posted March 2, 2005 They have updated for Jan 05So did a search on London W9 which has thousands upon thousands of mansion block flats. Total sold for January = 6 Yes thats 6 for the whole of London W9, if this is correct then there going to be a lot of EA's going under especially when theres probably 15 companies at least serving the area. Thats 6 fees split between 15 offices <{POST_SNAPBACK}> Hmm you could use NHP to do a nice graph of sales in your area... Link to comment Share on other sites More sharing options...
non-FTBer Posted March 2, 2005 Share Posted March 2, 2005 My normal search area that I keep an eye on is two postcode areas that cover a large town. Just checked nethouseprices.... only 47 sales in total for January. Oh Dear Link to comment Share on other sites More sharing options...
AteMoose Posted March 2, 2005 Share Posted March 2, 2005 Some more interesting stats from nethouse prices on the whole of worcester, i did searches on worcester, and counted the number of results for specific mounths (january) Sales: 2000 : 2802 2001 : 4082 2002 : 4309 2003 : 3638 2004 : 3456 2005 : 93 so far Comparing Jan 2004 to Jan 2005..... Jan 2003 : 269 Jan 2004 : 359 Jan 2005 : 93 Synopsis : It looks like sales quantities have been in decline since 2003, however year on year this Jan has been awful, in comparison to last Jan, the rise in Jan 2004 seems logical because EA in worcester were especially busy 12 mounths ago. IMO things havent started crashing properly yet in worcester, DEFINATLY need this in a graph.... Link to comment Share on other sites More sharing options...
I Told You So Posted March 2, 2005 Author Share Posted March 2, 2005 Just checked Jan04 London W9 assume CRASH position Jan04 ----72 sales Jan05 ---- 6 sales AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH Link to comment Share on other sites More sharing options...
Too expensive to trade up Posted March 2, 2005 Share Posted March 2, 2005 Just checked my town Jan 03 - 30 Jan 04 - 12 jan 05 - 4 That's some slowdown! Link to comment Share on other sites More sharing options...
AteMoose Posted March 2, 2005 Share Posted March 2, 2005 I wonder if all the 'data' is in, what about dec 2003 compared to Dec 2004... Its a shame its so difficult to get the data, as it would be REALLY nice to plot this on a graph Link to comment Share on other sites More sharing options...
Killer Bunny Posted March 2, 2005 Share Posted March 2, 2005 Just checked my townJan 03 - 30 Jan 04 - 12 jan 05Â - 4 That's some slowdown! <{POST_SNAPBACK}> EN10 and EN11 Jan 04 - 98 Jan 05 - 31 Muhahahaha....... Link to comment Share on other sites More sharing options...
QwikLeft Posted March 2, 2005 Share Posted March 2, 2005 Checked data for Fareham Dec 03: 215 Dec 04: 100 Nice... Link to comment Share on other sites More sharing options...
Mr Tickle Posted March 2, 2005 Share Posted March 2, 2005 Dont get too excited folks, all the data isn't in. We did all this when NHP was first launched, then for October 04 (most recent month at the time) had 37 transactions listed, now its 74. So not all they seem to be on first look. Link to comment Share on other sites More sharing options...
PaulParanoia Posted March 2, 2005 Share Posted March 2, 2005 My area SS6. Has dropped from 47 in Jan 04 to 18 in Jan 05. Are all the Jan figures in yet? Link to comment Share on other sites More sharing options...
DonnieDarker Posted March 2, 2005 Share Posted March 2, 2005 Jan 2004 in my post-code: 59 properties sell Jan 2005 in my post-code: 16 properties sell Link to comment Share on other sites More sharing options...
Mr Tickle Posted March 2, 2005 Share Posted March 2, 2005 But it WILL rise because all the figures aren't yet in. Link to comment Share on other sites More sharing options...
mash Posted March 2, 2005 Share Posted March 2, 2005 there can be a delay before the details are available. couple houses in my road took a couple on months before the details were accesible... Link to comment Share on other sites More sharing options...
AteMoose Posted March 2, 2005 Share Posted March 2, 2005 © Crown copyright material is reproduced with the permission of Land Registry. This material was last updated on 25 January 2005 It covers the period from 1 April 2000 to 31 December 2004. Does that mean data is accurate/in upto Dec 2004? and January is just the fluke? Link to comment Share on other sites More sharing options...
DonnieDarker Posted March 2, 2005 Share Posted March 2, 2005 But it WILL rise because all the figures aren't yet in.<{POST_SNAPBACK}> Booooooo. And I suppose that when we say Jan 05, we're actually talking about property that "sold" in the dead month of December. Takes 6 weeks to go through the mill and be reported to the land registry Link to comment Share on other sites More sharing options...
Mr Tickle Posted March 2, 2005 Share Posted March 2, 2005 I think for a completely accurate picture, one should ignore the last 3 months. Soz Link to comment Share on other sites More sharing options...
I Told You So Posted March 2, 2005 Author Share Posted March 2, 2005 As the LR release the quarterly figures 5 weeks after it finishes can we assume that these figures are complete as it is roughly 5 weeks since the end of Jan? Link to comment Share on other sites More sharing options...
EmpiricalBear Posted March 2, 2005 Share Posted March 2, 2005 Late LR returns can trickle in for a long time. I understand that the rule is that you need to wait for 3 months after the month in question for accurate figures to be available. So you should only be making statistical assumptions for the November data right now. This is one aspect of opaqueness in house prices and another reason that the crash will not be recognisable except in hindsight. Interestingly in the great stock crash of 1929 it was also a lack of timeliness in pricing which helped create panic. People experience a crash after it is possible to act, hence increasing panic behaviour. Its beginning to happen, but no one will definitively be able to tell until after the May election. Of course, thats just coincidence. As the LR release the quarterly figures 5 weeks after it finishes can we assume that these figures are complete as it is roughly 5 weeks since the end of Jan?<{POST_SNAPBACK}> Link to comment Share on other sites More sharing options...
Tonyb69 Posted March 2, 2005 Share Posted March 2, 2005 If I search on Chelmsford I get sales from Jan 1 to Jan 31st 2005, so I would be interested as to what is to be added. Anyway Chelmsford sales:- Jan 2005 73 Jan 2004 252 Jan 2003 280 Jan 2002 266 Jan 2001 248 Link to comment Share on other sites More sharing options...
europbaron Posted March 2, 2005 Share Posted March 2, 2005 I completed in Jan 05 and my old house isn't yet listed. Mind you there is only 1 property listed! Link to comment Share on other sites More sharing options...
Giraffe Cat Posted March 2, 2005 Share Posted March 2, 2005 So you should only be making statistical assumptions for the November data right now. <{POST_SNAPBACK}> Kettering House Sales up to Nevember 04: The autumn bounce that happened in Sep-Nov 03 failed to materialise in 04, although sales were higher in the first part of the year. The next few months should be interesting. liar thief twit Link to comment Share on other sites More sharing options...
Tricky Posted March 2, 2005 Share Posted March 2, 2005 Interesting figures folkestone in kent Jan 01 98 of 1607 total sales ie 6.1% jan 02 115 of 1894 total sales ie 6.07% jan 03 103 of 1680 total sales ie 6.13% jan 04 130 of 1553 total sales ie 8.37% JAN 05 34 GIVES PROJECTED SALES OF BETWEEN 406 AND 566 FOR the year realise late entries will affect but this is enormous difference for my area ie Folkestone in Kent. Dec 01 134 of 1607 sales ie 8.34% dec 02 165 of 1894 sales ie8.71% dec 03 178 of 1680 sales ie 10.6% dec 04 72 of 1553 ie 4.64% dec 04 would have expected circa 140 to 160 sales from historical analysis , any one else get similar results?? Link to comment Share on other sites More sharing options...
no dice Posted March 2, 2005 Share Posted March 2, 2005 London SW15 Nov 03 - 123 Dec 03 - 129 Nov 04 - 87 Dec 04 - 57 Link to comment Share on other sites More sharing options...
tiff Posted March 2, 2005 Share Posted March 2, 2005 Only 2 in my local town in Jan, ok it is smallish in any case, that is if the data is complete. I have been through the years and the pattern I found was that here was a peak (of completions) in June/July/August 2003 with a slow decline since. December 2004 and January 2005 stand out as being extremely low, that is if all data is up to date Edit: did a wider search for postcode LL4 and go the following data 2000 = 284 completions (not inc. Jan - March) 2001 = 421 completions 2002 = 455 completions 2003 = 548 completions 2004 = 402 completions If my maths is ok there were 36% fewer sales in 2004 compared to 2003. Link to comment Share on other sites More sharing options...
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