Homebuyers Gain House Price Insight at Home.co.uk

Press release: 17 Jun 2008

Ever wanted to know how long a home has been on the market and whether the price has been reduced? Well now you can find out this important property information, thanks to Home.co.uk's new asking price history information pages.

A favourite of serious homebuyers for over 10 years, the Home.co.uk Property Search Engine now provides vital market insight in the form of simple asking price history graphs. These invaluable graphs can be found on each property's respective 'price info' pages along with the precise time the property has been on the Home.co.uk property radar.

How much should I offer for a property? An eternally difficult question for homebuyers is now easier to answer. Evidence of house price reductions, such as that shown by Home.co.uk, show the seller is keen to sell and may be open to offers.

"For too long buyers have been in the dark about market house prices," stated Doug Shephard at Home.co.uk. "We want our homebuyers to learn all they can about their prospective purchase so that they are in the best bargaining position possible."

The current housing market is a minefield for buyers. Many potential purchasers are staying away from the property market simply because it's hard to spot bargains in a falling market. Home.co.uk's new asking price histories and 'Recently Reduced' property tags highlight the serious sellers.

The June Home.co.uk Asking Price Index report, which covers almost all properties on the market, both old and new, showed that the average UK house price has fallen £1,000 per month since March this year.

Notes for Editors

Over the last 28 years, Home.co.uk has become established as a dynamic, innovative and ethical service. By providing the UK's most comprehensive Property Search and Estate Agents directory coupled with detailed House Price analysis, Home.co.uk delivers the real power of the Internet to inform and empower estate agents, homebuyers, renters, landlords and sellers in across the UK.