| Quote: |  | |
| The one thing I'm curious about is how to track appreciation. This flat was for sale 3 years ago, and I'd like to know how to figure out whether or not the price difference between now and 3 years ago makes sense, given that there were no changes to the place. | |
| | |
Was the flat actually sold? The asking price is no indication of the actual market value. People pay more and less than the asking price. If the flat wasn't sold, then you can assume that it is worth less than what they were asking. Property doesn't tend to appreciate here.