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Private search companies and ordering platforms have been integrating Land Registry's data to improve search ordering for conveyancers. Data from Land Registry's National Spatial Dataset, [38] for example, has been used to display boundary maps on-screen using a live data link to help conveyancers validate property locations.
The UK House Price Index replaced this release in June 2016.[3] Historically, HM Land Registry also published a separate house price index calculated by Calnea Analytics. It used the HM Land Registry’s data, which consists of the transaction records of all residential property sales in England and Wales. It uses Repeat Sales Regression.
OnTheMarket.com is a United Kingdom property portal similar to Rightmove and Zoopla. In October 2023, it was announced that the firm would be acquired by CoStar Group for £99 million. [ 1 ] On December 12, the Washington, D.C. –based property data company reported having completed the purchase of OnTheMarket plc.
Real estate appraisal, property valuation or land valuation is the process of assessing the value of real property (usually market value). Real estate transactions often require appraisals because every property has unique characteristics.
The local search will provide information that is designed to reveal any potential problems or issues with the property and the surrounding area, which enables the buyer to make an informed decision on the current state of the property. The local search is essentially designed to provide important information that would potentially influence ...
Land Registry search – to confirm ownership and boundaries by checking the ‘title register’ and ‘title plan’. Local authority search – to reveal any charges or restrictions of use on the property. Water authority search – to find out if any public drains on the property might affect extensions or building works.
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