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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 :D:lol::P

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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  :D  :lol:  :P

Hmm you could use NHP to do a nice graph of sales in your area...

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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....

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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.

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© 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?

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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?
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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??

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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.

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  • 439 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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