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Wednesday, January 05, 2005

The cost of your home

As the property boom is comes to an end home owners everywhere are nervously watching the property pages to see how their investment is faring. Neighbours are talking about the cost of property in their street and how much Mrs. Bloggs got for her home when she sold it a few weeks ago. Estate Agents' windows are being scrutinised for a clue as to whether to sell up or sit out the inevitable slump.

In a way it is a pity that all this gossip and inaccurate speculation can be dispensed with. For some streets it provided a sort of glue that kept community spirit together. Now, however, some kiljoy has gone and started a website that will give you all the information you need, when you need it, to see how your home is faring in the value-stakes.

myhouseprice.com uses information bought from the Land Registry to enable you to monitor sales in your neighbourhood and, if you wish, you can pay a £1 to find out the selling price for any and each property you choose. I wish I had thought of it.

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