At some point, maybe two or three years ago, the Land Registry must have decided to make its data on property sales available to commercial enterprises. An amazing number of websites decided to retail this, generally for no fee, to the house-buying public. Now it is very easy to see the price at which a property was sold. I tend to use OurProperty.co.uk.. This gives much the same information as RightMove, MousePrice etc., but it has some nice touches. For example you can look up property by postcode; by default you get the last two years of sales in this exact postcode, but with a simple click you can extend the time series to 'all time' or - probably - to a fixed period. Also you can extend the search to all properties in that particular road. There are easy links to the most expensive, and cheapest road in a town.
However, yesterday, I came across a site that uses property price data not from the Land Registry, but from the various property portals - FindaProperty, PropertyFinder, Rightmove and (possibly) PrimeLocation. This allows one to spot properties the price of which has dropped recently. Some falls are quite dramatic - I discovered that my neighbour had dropped the price of his house by a hundred thousand pounds. Of course the existence of a large drop doesn't guarantee a bargain. Certainly all the properties I looked at looked expensive even at their reduced prices. I suspect that they mainly were properties which were advertised very speculatively.
I have not found any way of setting up an alert on Property Snake yet. This will be the more useful feature. Our Property sends a digest of sale prices of recent property sales. This is useful to me as if I can identify an investment purchase I can advertise my letting agency services to them. Not that I've ever used it in this way.
Update 18th Dec 2007 Take a look at this page. This is the key table:
Links
Our Property
However, yesterday, I came across a site that uses property price data not from the Land Registry, but from the various property portals - FindaProperty, PropertyFinder, Rightmove and (possibly) PrimeLocation. This allows one to spot properties the price of which has dropped recently. Some falls are quite dramatic - I discovered that my neighbour had dropped the price of his house by a hundred thousand pounds. Of course the existence of a large drop doesn't guarantee a bargain. Certainly all the properties I looked at looked expensive even at their reduced prices. I suspect that they mainly were properties which were advertised very speculatively.
I have not found any way of setting up an alert on Property Snake yet. This will be the more useful feature. Our Property sends a digest of sale prices of recent property sales. This is useful to me as if I can identify an investment purchase I can advertise my letting agency services to them. Not that I've ever used it in this way.
Update 18th Dec 2007 Take a look at this page. This is the key table:
Event History
| date | event |
| 04 May 2007 | First day listed (price £239,950) |
| 06 Sep 2007 | Price changed from £239,950 to £219,950 |
| 12 Nov 2007 | Status changed from listed to delisted |
| 18 Nov 2007 | Status changed from delisted to listed |
| 10 Dec 2007 | Price changed from £219,950 to £185,000 |
Links
Our Property
