The entire base of the UK property is now free!!!

Historical data from the Land registry in the UK is now available online.

These data have extraordinary value and huge potential, is now available for download to anyone, thanks to the introduction of new programs.

This innovation will greatly help builders, realtors and representatives of other sectors, closely connected with sphere of real estate in the UK, one of the largest databases in the world, which includes more than 17 million of residential properties sold for cash or on credit.

Previously, these data were exclusively available as a commercial product. These data are used to generate Index Land registry monthly price index for residential property in the UK – one of the most popular indices that reflect price changes on the real estate market Velikobritanii.

In the first phase, open access will be published data on all sales in the property market in the UK, filed for registration in the period from January 2009 to January 2012. The remainder of the data covering the period from January 1995 to December 2008, will be available in November 2013.

All together it will be a valuable information about the real estate market in the UK for 17 years.

This innovation Cadastre – great news for all market participants, as each and the buyer and the seller and the realtor will benefit from transparency of information. But in the end, the transparency and availability of information on the market always promotes economic growth.

It should be noted that the British government, issuing a license for the placement of open data, has taken a leading position by setting the global example of a business strategy to use to attract investors to the market.

In connection with the launch of the project will be released, which would reflect the value of the data and will demonstrate the potential for their use.

Already, many businesses and organizations are actively using data from the Land registry for making business decisions and development of innovative applications and services in the real estate market.

With the advent of databases in the public domain, more and more developers, small and medium enterprises will come up with interesting ideas that will contribute to business innovation and economic growth.

® Alice Morgan 05.07.2013 g.