Analysis based on average of 6,069 monthly registrations for conveyancing quotes.
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This research was carried out using ‘price paid’ datasets from the Land Registry and house price information entered into the Conveyancing quote form on reallymoving. Registrations for conveyancing quotes are typically completed 3 months before a transaction date, giving reallymoving a unique perspective and forecast on house prices. As such, forecasted data for January-March is based on registrations from October-December.
The data is both seasonally and mix adjusted, considering the time of year, the type of property, leasehold/freehold and whether the property is a new build or an existing property.
As a comparison site, we are aware that our customer profile may be skewed towards those at the lower priced end of the market. As such, forecasted values have been lifted by the average difference seen between reallymoving’s data and prices from the Land Registry during the previous quarter. This difference is fairly constant in percentage terms.
Data used included only residential properties priced between £40,000 - £2,000,000, to account for errors in submitting the quote form on reallymoving.
Launched in 1999, reallymoving is the UK’s leading provider or free instant quotes for home moving services. It is an independent and privately financed company, majority owned by its management and directors.
During 2020 we received 280,000 registrations and generated almost a million quotes on behalf of our UK-wide network of partners, representing approximately £220 million worth of work in 12 months. We believe approximately 9% of the UK’s home movers receive quotes from reallymoving.
Reallymoving provides instant quotes for conveyancing, surveys, removals, Scottish home reports and EPCs.