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#1
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On 23/02/2015 10:22, Roland Perry wrote:
In message , d writes https://www.flickr.com/photos/reclin...7650538846330/ There's a for sale sign on a house in that bottom picture. Thats what I call wishful thinking even in London! It has a boarded-up downstairs window, and its front door is inside the work area. Network Rail will have bought that house along with the one they've demolished, and when they've finished patching up the 'join' will make it available for occupation. It was previously advertised on the rental market at £949 pcm. No. 23 next door was recently sold for £265,000 -- Phil Cook |
#2
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In message , Phil Cook
writes https://www.flickr.com/photos/reclin...7650538846330/ There's a for sale sign on a house in that bottom picture. Thats what I call wishful thinking even in London! It has a boarded-up downstairs window, and its front door is inside the work area. Network Rail will have bought that house along with the one they've demolished, and when they've finished patching up the 'join' will make it available for occupation. It was previously advertised on the rental market at £949 pcm. In 2010. That was number 27, which has been demolished. So quite likely no owner occupier lost their home. Last "recorded"[1] as sold in 2004 for £152k and currently valued by Zoopla - despite being a pile of rubble, at £260k. No sales/rental history available for number 25 (the one currently being used as a NR portaloo) since 1995. Suggests it was a compulsory purchase from a long term owner occupier. No. 23 next door was recently sold for £265,000 August 2014. And has clearly fed into the value of number 27 (had it been still standing). [1] But that's not unexpected because they only publish sales on the open market, not stuff like compulsory purchases. -- Roland Perry |
#3
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Roland Perry wrote:
In message , Phil Cook writes https://www.flickr.com/photos/reclin...7650538846330/ There's a for sale sign on a house in that bottom picture. Thats what I call wishful thinking even in London! It has a boarded-up downstairs window, and its front door is inside the work area. Network Rail will have bought that house along with the one they've demolished, and when they've finished patching up the 'join' will make it available for occupation. It was previously advertised on the rental market at £949 pcm. In 2010. That was number 27, which has been demolished. So quite likely no owner occupier lost their home. Last "recorded"[1] as sold in 2004 for £152k and currently valued by Zoopla - despite being a pile of rubble, at £260k. No sales/rental history available for number 25 (the one currently being used as a NR portaloo) since 1995. Suggests it was a compulsory purchase from a long term owner occupier. No. 23 next door was recently sold for £265,000 August 2014. And has clearly fed into the value of number 27 (had it been still standing). [1] But that's not unexpected because they only publish sales on the open market, not stuff like compulsory purchases. Presumably these properties were blighted many years ago, once the Crossrail plans were known? So number 23 might have been worth rather more without the project. |
#4
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On Mon, 23 Feb 2015 19:58:16 +0000 (UTC), Recliner
wrote: Roland Perry wrote: In message , Phil Cook writes https://www.flickr.com/photos/reclin...7650538846330/ There's a for sale sign on a house in that bottom picture. Thats what I call wishful thinking even in London! It has a boarded-up downstairs window, and its front door is inside the work area. Network Rail will have bought that house along with the one they've demolished, and when they've finished patching up the 'join' will make it available for occupation. It was previously advertised on the rental market at £949 pcm. In 2010. That was number 27, which has been demolished. So quite likely no owner occupier lost their home. Last "recorded"[1] as sold in 2004 for £152k and currently valued by Zoopla - despite being a pile of rubble, at £260k. No sales/rental history available for number 25 (the one currently being used as a NR portaloo) since 1995. Suggests it was a compulsory purchase from a long term owner occupier. Or there has been no transfer of ownership involving payment since prices became a matter of public record. No. 23 next door was recently sold for £265,000 August 2014. And has clearly fed into the value of number 27 (had it been still standing). [1] But that's not unexpected because they only publish sales on the open market, not stuff like compulsory purchases. Presumably these properties were blighted many years ago, once the Crossrail plans were known? So number 23 might have been worth rather more without the project. |
#5
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In message , at 23:00:11 on
Mon, 23 Feb 2015, Charles Ellson remarked: No sales/rental history available for number 25 (the one currently being used as a NR portaloo) since 1995. Suggests it was a compulsory purchase from a long term owner occupier. Or there has been no transfer of ownership involving payment since prices became a matter of public record. The Land Registry data available to the public via sites like Zoopla only includes sales made on the open market. So a transfer by compulsory purchase (or even a voluntary sale after being contacted by Network Rail, or whoever) would not show up. Unless NR-or-whoever has owned the house since 1995, and given they've got possession, I'd go for the off-books purchase. Same arguments for number 27. -- Roland Perry |
#6
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![]() "Roland Perry" wrote Or there has been no transfer of ownership involving payment since prices became a matter of public record. The Land Registry data available to the public via sites like Zoopla only includes sales made on the open market. So a transfer by compulsory purchase (or even a voluntary sale after being contacted by Network Rail, or whoever) would not show up. Have you a cite that voluntary sales are excluded ? http://houseprices.landregistry.gov.uk/ "all of the residential property sales" https://www.gov.uk/government/public...se-price-index The HPI is published by Land Registry using sales data collected on all residential housing transactions, whether for cash or with a mortgage, in England and Wales since January 1995. == Oops, found https://www.gov.uk/about-the-price-p...rice-paid-data Our House Price Index and Price Paid Data exclude: all commercial transactions. By this we mean any transaction that involves a transfer to a corporate body, company or business transfers, conveyances, assignments or leases at a premium with nominal rent which a [...] under a compulsory purchase order [...] So not exactly "excludes other than open market" but as above. -- Mike D |
#7
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In message , at 16:44:53 on Tue, 24
Feb 2015, Michael R N Dolbear remarked: Oops, found https://www.gov.uk/about-the-price-p...-from-the-hous e-price-index-and-price-paid-data Our House Price Index and Price Paid Data exclude: all commercial transactions. By this we mean any transaction that involves a transfer to a corporate body, company or business transfers, conveyances, assignments or leases at a premium with nominal rent which a [...] under a compulsory purchase order [...] So not exactly "excludes other than open market" but as above. You snipped: "sales that were not for full market value." What I hadn't remembered was it also excludes: "buy to let (where they can be identified by a mortgage deed)" which is typically what could have been happening in several houses in that particular street. -- Roland Perry |
#8
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On Mon, Feb 23, 2015 at 06:18:51PM +0000, Roland Perry wrote:
No sales/rental history available for number 25 ... Where would one find out this stuff? -- David Cantrell | Nth greatest programmer in the world The Law of Daves: in any gathering of technical people, the number of Daves will be greater than the number of women. |
#9
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In message , at 11:51:14
on Tue, 24 Feb 2015, David Cantrell remarked: No sales/rental history available for number 25 ... Where would one find out this stuff? zoopla.co.uk which has historic sales data supplied by the Land Registry for sales on the open market[1] since 1995. There's also data about previous "for rent" and "for sale" listings which have appeared on their site, so you can see how much was asked, and when - but you no idea in the case of rental if the place was in fact rented or for how much. eg A house further up my street has a "History" of being offered for sale, including I assume a zoopla listing, for 197,500 in November 2013 - and sold for 195,000 in Aug 2014 according to the Land Registry. But my house, which has been both rented and sold in the last 5 years has no such historic "for sale/rent" data because (I deduce) the agencies concerned didn't list it with zoopla. All it has is the price I bought it for. [1] The stats are not provided so people can be nosey about the value of their neighbour's house, they are to enable the calculation of inflation indices. So any sale/transfer that's not made on the open market is redacted. -- Roland Perry |
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