Sold house prices: How can you find out how much a house previously sold for?
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The UK recently declared a recession, and with the havoc caused by the coronavirus pandemic, there was concern the year’s events would impact on the property market. However according to recent reports, house prices reached a record high in August.
Building society Nationwide said house prices rose by two percent in August, compared to the previous month.
Prices rose by 3.7 percent compared to a year ago, suggesting the property market has started to recover as lockdown measures have been reduced.
Nationwide state house prices in August saw its largest monthly rise since 2004.
Nationwide’s chief economist Robert Gardner said: “House prices have now reversed the losses recorded in May and June and are at a new all-time high.
“The bounce back in prices reflects the unexpectedly rapid recovery in housing market activity since the easing of lockdown restrictions.”
Earlier this year Chancellor Rishi Sunak announced a stamp duty holiday on the first £500,000 of all property sales in England and Northern Ireland.
This means anyone buying a main residence up to £500,000 between July 8, 2020 and March 31, 2021 will not pay any stamp duty.
The move could save buyers up to £15,000 in costs.
How can you find out how much a house previously sold for?
There are many different ways you can find out how much a house previously sold for.
Via the Government website, you can access HM Land Registry Open Data.
Through the dedicated Government site you can access HERE, you will need to fill out the online form.
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The form will ask you to enter one or more search terms in order to locate the property you are looking for.
You will need information about the property’s address to hand, and you can use the service to find properties which sold in England and Wales.
You can get Scottish house price information from Scotland’s land and information service (ScotLIS).
You can get Northern Ireland house price information from Land and Property Services.
There are also other online property sites where you can see how much a property sold for.
Sites such as Zoopla, Rightmove and OnTheMarket.com can show you how much a property sold for or is estimated to sell for.
And if you want to check UK property price trends, this is also possible via the Government website through the UK House Price Index service.
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