January 14, 2005 -- A new online service has recently been launched that is set to revolutionise the British property market. www.mouseprice.com will enable anyone to find out the actual sales price paid for residential property in England and Wales, for every transaction since April 2000. This previously unavailable data will dramatically improve price transparency and promote fairer valuation and dealings in the British housing market.
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www.mouseprice.com is designed to assist home buyers, home sellers, estate agents, and chartered surveyors, but will no doubt appeal to nosey neighbours as well! It is hoped that the disclosure of this information will promote fairer home valuations and decrease speculation in house prices. Britain will now be able to see “the price of a house at the click of the mouse”.
The mouseprice.com service operates using the latest in database technology ensuring lightning fast searches of millions of records. Customers will be offered a variety of inexpensive ways to search the database, either pay-as-you-go or through subscriptions for unlimited access. www.mouseprice.com will provide information on all residential properties sold since April 2000 – price paid, deed date, tenure, property type, and whether a house is new build or not. The mouseprice.com database will be updated on a monthly basis and will also offer a professional service option to Estate Agents and Chartered Surveyors.
About mouseprice.com
The website is owned and operated by House Price Directory Limited, an independent company founded and run by former investment bankers and valuation professionals from the City of London. The company aims to create openness and promote accessibility to property market information. The Directors believe that there is no reason why the same analytical techniques used in the valuation of large company acquisitions could not be applied to the purchase of residential homes. The principles are the same, and with the launch of mouseprice.com, the comparable transaction data is finally available.
The company admits that the website is highly attractive to both tabloid journalists and nosey neighbours, however emphasizes that the service is aimed towards House Buyers, Sellers, Estate Agents, and Chartered Surveyors.
Contact Information:
Katrin Krause, PR Manager
House Price Directory Ltd
2 Osprey House, Victory Place
London, E14 8BG
T: 08707 50 44 57
http://www.mouseprice.com
