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We've been scanning this site for all manner of target postcodes and there's the eye-opening, cut price sales. In fact, we're looking at some areas of greater london again, as the differential between there and Watford in terms of asking prices seems 10-15 less than a year or so ago.

Some housing markets of London must be dead in the water.

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Guest Charlie The Tramp

The whole of the RM postcode

Parts of Barking and Dagenham

The whole of Havering

Grays

Ockendon

Purfleet

Aveley

Total 2004 = 10,564

Total into 2005 so far = 227

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Emailed them yesterday asking whether figures are complete for Jan 05 or is it likely more will be added?

Answer received today;

Hi 88888888

Thanks for contacting us about this.

I believe that we now have on site all the full market value residential

transactions registered with Land Registry/Registers of Scotland in

January 2005.

Is there a transaction of this type that you hoped to find that is not yet

there?

Best wishes

8888

Nethouseprices Admin

Oh dear looks like there is a serious problem with the property market :lol:

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Emailed them yesterday asking whether figures are complete for Jan 05 or is it likely more will be added?

Answer received today;

Hi 88888888

Thanks for contacting us about this.

I believe that we now have on site all the full market value residential

transactions registered with Land Registry/Registers of Scotland in

January 2005.

Is there a transaction of this type that you hoped to find that is not yet

there?

Best wishes

8888

Nethouseprices Admin

Oh dear looks like there is a serious problem with the property market :lol:

I suppose the next thing you're going to say is "I TOLD YOU SO"..

;)

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Emailed them yesterday asking whether figures are complete for Jan 05 or is it likely more will be added?

Answer received today;

Hi 88888888

Thanks for contacting us about this.

I believe that we now have on site all the full market value residential

transactions registered with Land Registry/Registers of Scotland in

January 2005.

Is there a transaction of this type that you hoped to find that is not yet

there?

Best wishes

8888

Nethouseprices Admin

Oh dear looks like there is a serious problem with the property market :lol:

How do you view the number transactions on a postcode basis?

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This is quite a revelation. Have to ramp this up to the top.  I hope this gets pinned

Well, that prompted me to go and look at my area in the slightly less posh-end of Warwickshire. :ph34r:

Totals :

2001 - 2137 sales

2002 - 2200 sales

2003 - 2279 sales

2004 - 2057 sales

January 2005 : 55 sales (extrapolates to just 660 over the year).

That's a pretty dramatic slowdown by anyone's standards.

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Well, that prompted me to go and look at my area in the slightly less posh-end of Warwickshire.    :ph34r:

Totals :

2001 - 2137 sales

2002 - 2200 sales

2003 - 2279 sales

2004 - 2057 sales

January 2005 : 55 sales (extrapolates to just 660 over the year).

That's a pretty dramatic slowdown by anyone's standards.

I don't think you can extrapolate a whole year from January's sales. It is traditionally a slow month. Looks like the final year's number will be a lot lower, however. Maybe you should do a seasonal adjustment, like Nationwide does.

2001 - 2137 sales

2002 - 2200 sales

2003 - 2279 sales

2004 - 2057 sales

January 2005 : 55 sales (seasonally adjusted to 5679 over the year). :lol:

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I believe that we now have on site all the full market value residential

transactions registered with Land Registry/Registers of Scotland in

January 2005.

Sorry to sound a damp squib but all they're saying is that they are showing all the REGISTERED (repeat, REGISTERED) Jan 2005 transactions. What about all the transactions that are registered late/later? This subject was covered about a month ago and I, for one, concluded that these figures are meaningless for about 2-3 months by which time most of the registrations are in.

p

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London E14

Jan 2003 101

Jan 2004 117

Jan 2005 40

And we still get letters from estate agents exhorting the fact that they need more properties on their books because things are 'getting snapped up' - somebodies telling porkies...

Bare in mind that these figures are for completions in January, so are likely to be from Nov/Dec offers. The 'spring bounce' figures will be out in a month or two. They still make great reading :D

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Sorry to sound a damp squib but all they're saying is that they are showing all the REGISTERED (repeat, REGISTERED) Jan 2005 transactions.  What about all the transactions that are registered late/later?  This subject was covered about a month ago and I, for one, concluded that these figures are meaningless for about 2-3 months by which time most of the registrations are in.

p

When a house sale completes the change of title must be registered at the Land Registry within 28 days or there is some huge problem. You need a solicitor on here to be definite about this.

When a house sale is progressing, that is when problems with the title are sorted out. If there is a problem with the title of a house you are buying, your solicitor will not let you buy it until the problem is sorted. So, house completions that took place in January are now registered at the Land Registry. They aren't floating about in the ether so they can get retrospectively added to January's total.

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  • 440 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
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