A new website just cropped up called propertysnake.co.uk. A play on the board-game “Snakes and Ladders“, propertysnake.co.uk is obviously the opposite of a Property Ladder.
As of writing, the site shows records of around 150,000 properties across the UK. You can search by post-code to find out how much the prices of properties in your area have fallen.
House prices in my area area down around 4% since the start of the year but some bright spark still paid nearly £10,000 for a single garage on block.
Update: It appears that propertysnake is running extremely slowly due to the huge number of visits they are receiving. If you really want to see it running at full speed, I’d recommend visiting during the small hours when the load seems to be less.





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Two comments: It seems that every property on their files has been put on the market around the 20th of March. I guess that means they only started building the data base around that date. it also means that it looks like every property has been reduced in price by 10% within two months of being put on the market. Secondly, for the more intelligent amongst property investors, two words; survivorship bias.