October 2010 property bet

[NoelWatson]

NoelWatson said:

NoelWatson said:

NoelWatson said:

NoelWatson said:

NoelWatson said:

NoelWatson said:

NoelWatson said:

NoelWatson said:

Following on from last year

http://www.pistonheads.co.uk/gassing/topic.asp?h=0...

Bit late starting this year, but format is very similar

Pugsey and I are having a bet on the future value of property. Specifically, we are betting on whether the average house price will be higher in October 2010 than it is today. For the baseline we are using Halifax Feb 2010

http://www.lloydsbankinggroup.com/media/word/HPI/2...

with an Feb 2010 average of £166,857. When the October 2010 report comes out, if...

a). the average house price is equal to or more than £166,857, Noel pays £250 to Poppy Appeal
b). the average house price is less than £166,857, Pugsey pays £250 to Poppy Appeal.

I will update this thread on a monthly basis with the Halifax numbers.

Edited by NoelWatson on Thursday 18th March 10:38

March 2010 +1.1% Average price £168,521

http://www.lloydsbankinggroup.com/media/word/HPI/2...

April 2010 -0.1% £168,202

http://www.lloydsbankinggroup.com/media/pdfs/resea...

May 2010 -0.4% £167,570

http://www.lloydsbankinggroup.com/media/pdfs/resea...

June 2010 -0.6% £166,203

http://www.lloydsbankinggroup.com/media/pdfs/research/2010/HousePriceIndexJuly2010.pdf

July 2010 +0.6% £167425

Aug 2010 +0.2% £167953

http://www.lloydsbankinggroup.com/media/pdfs/resea...

Sep 2010 -3.6% £162096


http://www.lloydsbankinggroup.com/media/pdfs/resea...

Oct 2010 +1.8% £164,919

http://www.lloydsbankinggroup.com/media/pdfs/resea...

Sorry Pugsey, looks like it is your turn again. Let me know if you fancy another next year.

[ringram]

Word has it that the Halifax index needs "fixing"
Sample size is too small..

[NoelWatson]

anonymous said:

[redacted]

Think their seasonal adjustment needs seasoning.

[Pugsey]

Hi NW.

Sorry for delay - not on here much these days. Have no fear, dept paid (via Poppy Appeal). I'll think of one for next year. Off to warmer lands now until New Year. Have a good one!

Pugs.

[Pugsey]

.

[NoelWatson]

Pugsey said:

Hi NW.

Sorry for delay - not on here much these days. Have no fear, dept paid (via Poppy Appeal). I'll think of one for next year. Off to warmer lands now until New Year. Have a good one!

Pugs.

Good man. Have a good New Year. Let me know what you want to bet on for 2011.