I found a property website, Houseproperty.co.uk, that i found both interesting tand disturbing.
This website surrounds a property house database which is based on the HM Land Registry Dataset between April 1st 2000 and the present day. It shows an average house price grouped by post codes, localities and towns etc. It boasts as having the most comprhensive source of property information available, being used by sellers, buyers and estate agents.
It is a little contradictory in that it states, “street rankings do not reflect the difference in size of properties on particular streets”, but goas on to add, “the rankings favour streetswhere the properties are larger on average and hence more expensive”.
The site shows Cherry Tree Court at lower end of the scale at £42,875 and having had 4 transactions, whilst at the top end of the scale is Stamford Drive at a cost of £568,500 and having had 5 transactions. The most sales have occurred on Barons Close at 91 with Ellis Drive, Rosendene Close and Carey Gardens havving made only 3.
What i found interesting was the difference in price as to what they class as average and the actual cost of the properties they are currently valued at. The disturbing fact is the riculous cost. A work colleague won £300 on a scratch card and joked as to whether she should pay off her mortgage with the proceesds, the funny thing was that £3 would have because her house was bout in the seventies for only £3000.
Take a look and see where you rank and how you rank remembering that the prices are an average.
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