3 ms·
It's worth mentioning the source data for this is not a complete record of property transactions [1] All commercial transactions are excluded, for example, so
by UVB-76 11y ago
It's worth mentioning the source data for this is not a complete record of property transactions [1]
All commercial transactions are excluded, for example, so the massive distortionary effect of speculative overseas investment in London property (properties typically sold to foreign shell companies) is largely unreported.
[1] https://www.gov.uk/guidance/about-the-price-paid-data#data-excluded-from-the-house-price-index-and-price-paid-data https://www.gov.uk/guidance/about-the-price-paid-data#data-e...