RIGHT MOVE- How often are SOLD prices updated and sometimes never?

[UserwithoutaUsername]

I'm keeping an eye on sold house prices on RM. But it seems some never appear, are still showing as For Sale but with STC next to them, or have some out of date info.

eg my DD sold her house a year ago and although it's listed under Sold, the photos are old and don't show the improvements she made (ie new kitchen and bathroom.) Her new house is still showing STC yet she's lived in it for 4 months. She's no idea why for either of these.

A colleague bought a house a year ago and it's never appeared at all.

Another colleague bought a house 4 months ago and it's not showing either as STC or in the Sold list. It's just disappeared of RM.

Who is responsible for listing on House Prices Sold on RM? Is it the solicitor or land registry?

(I think that any property sold as a business investment never appears.)

I think it’s the Land Registry which RM links to.

Photos, listing etc - as an owner you can ask for them to be removed. I did.

Do people do this so it's not visible what they paid for the house?
And you'd ask the Land R not RM?

Why would a house disappear altogether, having been sold but never show on the For Sale part of RM as STC?

I'm looking to buy and was tracking some houses. I saw one that was sold (I knew it had gone) but within days it was off the website and isn't showing anywhere.

and is it also that some Land Regs are very slow at uploading?

I love a good right move snoop and love seeing what houses went for in the end. There was one we viewed before we bought our current place and I really wanted to know what the final sale was….never showed up though.

I don’t think Rightmove is the best place for sold prices. I always use:

www.nethouseprices.com

Some take a few months to come through but that’s just because the land registry takes time.

A house on our our road sold in between the lockdowns that was originally with an estate agent, and then was taken off the market and sold privately. We wanted to know what they actually paid in the end as obviously it effects the price of our house for future mortgage applications etc. It took a long time, nearly a year, to be updated but I'm not sure if that's because it was done privately and not through a landlord so was only on Rightmove for a very short time.

Do people do this so it's not visible what they paid for the house? And you'd ask the Land R not RM?

No, not exactly. LR will always (I think?) have the sales/£ data, but I wrote to RM and asked for the photos and listing to be removed because… well because I wanted that really.

Keep in mind that LR in some places can be very very slow / backlogged, so you may well yet see the info you want in time.

And we sold privately in the end - so estate agent photos etc would have vanished sooner.

I bought my house through a private sale 8 months ago. It's still not listed on RM, but it is on Zoopla, though only recently.

I know they've been backlogs at the Land Registry, but I also suspect there is something going on with the tech RM use to pull data across from LR, as it's not working as well as it used to.

Just put the postcode in Land Registry, and it will tell you how much it sold for.

From my experience the RM sold data is really patchy, but if you google land registry sold prices it will bring up a link via gov.uk. Far more info in there.

I usually search a first part of a postcode, price range and date range. Some can take a while to update so you might need to go back a year or more.

Thanks all- interesting!

Still curious why on RM Sold Prices my DD's house she sold had the photos of the previous buyer there, not hers when she sold!

People will look at it and the price, and not see that she invested £15K in a new bathroom, wood flooring and various things.

It's not our problem now, clearly, but just odd.

So Rightmove also has a few other issues too. The biggest one to my mind is that their figures for home values (not sold prices) are inflated. The value figures they quote entirely exclude reduced prices and are purely set using initial asking prices. In a market like we have now - where many houses are being reduced before selling, sometimes two or even three times. They ignore those completely. It's bizzare as it gives a false impression both of value and trend. I guess the only reason can be that because thier entire business model depends on a rosy market - therefore they avoid showing what's really happening. Its a bit naughty really.

I assume the old pics are showing on the archived listing (the house as it was when your daughter purchased)? If so, and there are no pics next to the part where it shows the recent price, it just means her buyer asked for the pictures to be removed.

Thanks. I wonder why her buyer would do that? Only reason could be to make it appear that she (new buyer) had invested in the improvements, if she sells it in future. Unless it was an EA error and they supplied the old pics to the LR?

LR have nothing to do with the pictures at all. The price paid information comes from the register entry being updated which happens at the end of the process. The information is then uploaded, though there is a backlog
This is then sold onto the likes of rightmove etc.

Quite a few people do this. I think it's more a privacy thing and they don't want people having a nose! I have always assumed they're unable to have the older pics removed, but I'm not actually sure. I mean, there COULD be some that do it for the reason you say and it would make sense actually.

When did she sell?

We sold/bought last July and neither house has been updated on the land registry yet so still shows the previous sale before that.