When one wants to look at the current disastrous state of the housing market, the usual thing is to do so through real estate portals. However, what you see there are the owners’ sales expectations and not their real priceinformation that until now citizens had nowhere to consult. That has changed with the recent release of the new Notarial Statistical Portal focused on housing, a website that hosts a Interactive map that allows you to consult for free the real price at which the deeds of sale are signed before a notary throughout Spain.
To do this, the website uses the database of the General Council of Notaries (CGN). It is the second largest in Spain and consists of the anonymized information of the Single Computerized Notarial Index. This contains 170 million records to which only the Administration had access.
Now, with this tool, the user can respond with complete and updated information to questions such as ‘How much can I sell my house for?’, ‘How much does an apartment cost in my favorite neighborhood?’ either ‘What effort should I make to buy it?’
‘Our data comes from an authentic source, the sale deeds that we authorize notaries. and with the data duly anonymized. What we present today is much more than a statistical portal,’ he stated in the presentation of the portal on the 23rd. Concepción Pilar Barrio del Olmopresident of the CGN.
‘The objective of this notarial platform is provide transparency to the real estate market and contribute with reliable, detailed and current information in making a decision as vital as the purchase and sale of a home,’ added Barrio del Olmo.
Thus, citizens, companies and institutions that access the map can now know the real situation of the real estate market and its evolution in the last twelve years in the most reliable and immediate way. The other large database on the real value of properties, that of the College of Registrarscorresponds to when they are registered in the Registry, which may be some time after signing the deed of sale before a notary, so this from the Notary can be considered more up-to-date.
How to use the housing price map of the Notarial Statistical Portal
The map is designed to facilitate consultation and analysis of the real estate market. Its navigation is simple and allows know the main housing indicators. The user accesses their area of interest – by entering the name of the community, province, municipality or postal code in the search engine – and has a wide variety of filters. You can also draw the area you are interested in on the map.
can discriminate by type of constructionif it is a new or second-hand home, and therefore type of farmif they are houses or flats, and also the type of information what you want to receive: average price/m², number of sales, average amount or average surface area of the property. It also has a slider to adjust the price range per m² and thus refine the information sought. Data from the Notarial Statistical Portal they are updated every month.
It also has a section of ‘More statistics’with which you can access advanced statistics, detailed indicators of the evolution of the real estate market and a private area where you can personalize your experience, but Making use of it requires first registration in the Notarial Statistical Portal.