localised falling house prices

[ratewhore]

Given the news that house prices are falling at their fastest rate since 1983, it's clear that these falls are averaged out. Are there any sites where I can see localised house price fluctuations?

[Bob Dalek]

Given the news that house prices are falling at their fastest rate since 1983, it's clear that these falls are averaged out. Are there any sites where I can see localised house price fluctuations?

Property Snake?

[oracleslave]

Property Snake?

Yes that should work for advertised prices. For an analysis of actual sold prices in an area I use nethouseprices.com

[ratewhore]

Christ, I can't be arsed working it all out myself. Are there no websites out there that can say '4 bed detached, surrey, -7%, 2 bed apartment, central birmingham, 2 for a pound!!'?

Possible plan B there. How to make money in a recession - woohoo!!

[Cyberman]

Given the news that house prices are falling at their fastest rate since 1983, it's clear that these falls are averaged out. Are there any sites where I can see localised house price fluctuations?

I posted the land registry figures on here a couple of weeks ago that showed Glasgow had fallen 12%, Norfolk by about 5% if I remember correctly, but my area had still risen by about 1% over the past year. Land registry figures are the most accurate because they are actual sale prices.

[oracleslave]

Christ, I can't be arsed working it all out myself. Are there no websites out there that can say '4 bed detached, surrey, -7%, 2 bed apartment, central birmingham, 2 for a pound!!'?

Possible plan B there. How to make money in a recession - woohoo!!

Why you ungrateful, lazy git!

Don't hold out much hope for that as a plan B. Pay to login to your site to see how much money I have lost. No thanks.

[ratewhore]

Don't hold out much hope for that as a plan B. Pay to login to your site to see how much money I have lost. No thanks.

Yeah, didn't think that one through at all did I?

Cyberman, that'll do for me, my area is Berkshire as well...

[NoddY]

Land registry figures are also skewed because of mortgage fraud and developer cashback schemes.

[Cyberman]

Land registry figures are also skewed because of mortgage fraud and developer cashback schemes.

Maybe, but that argument can also be applied to other sources of figures, and additionally, new builds are in the minority of sales, except perhaps those at the lowest level such as studio flats etc.

Therefore, I don't think the figures are skewed that much.

[AtW]

Land registry figures are the most accurate because they are actual sale prices.

These figures don't include free cars or other things given to reduce effective price without reducing "official" house price. Such things were happening even before this crisis so now I reckon it is even more widespread, this is fraud really.