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How do I calculate inflation on house prices?

4 replies

kbaby · 18/07/2007 19:57

Were trying to work out if a house sold for x amount in dec 2005 what with inflation would it be worth now.

how do i go about doing this?

thanks

OP posts:
iota · 18/07/2007 20:04

house prices vary so much from location to location.

1, can you get it revalued?
2, consult a local estate agent who knows the area?
3, find similar houses currently for sale in the area?

lljkk · 18/07/2007 20:05

There are websites that will help you do this, looking at house price inflation in your area over a given period. I have a feeling that one such calendar is on Nationwide website.

iota · 18/07/2007 20:06

is this site any use to you?

www.home.co.uk/guides/house_prices_by_town.htm

noddyholder · 19/07/2007 09:10

Houses haven't increased in line with normal inflation they have increased at massive rates since then and so you would need to get an agent to give you this info.If I enter details of our property it shows an increase of about 30k but we have just sold it for what we pais plus 150k!

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