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House price inflation

If my local market has increased by 10.6% in the last year why does Zoopla indicate only 5%

Asked on Apr 5 2016, House Prices in Cambridge | Report content

Answers (1)

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  • 1. Because all such price indices and estimates are only approximate. 2. Because none of the indices are computed on the same basis. 3. Even an individual valuation of a single house (ie. 'Guide Price') might be expected to vary by up to 10%

    Answered on Apr 5 2016, Report content

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