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Debate House Prices


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A real house selling exercise.

135

Comments

  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Jonbvn wrote: »
    I assume everything will be in sliver?:p

    No, following the May Day 'Bonfire of the Commodities' an investment in gold is the only one that survived.
    Why no Hamish "invest in property"?
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Bromley -0.9% YoY
    Bexley +8.1%
    Southwark +4.7%
    Greenwich +6.3%
    Lewisham +9.3%
    don't look the same to me, maybe my maths is worse than i thought...

    Your figures, I suspect, are as a result of calculations done on the back of a Rizla packet?
    Source please, (I know the answer to my question, so no nonsense :))
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Before Northern Rock down to -10%
    They're from the BBC websites property thing based on land registry data to 31 dec 2010, so not up to date but in any case you aren't seriously going to try to suggest that prices move uniformly throughout the whole of south east London, are you?
  • JonnyBravo
    JonnyBravo Posts: 4,103 Forumite
    Mortgage-free Glee!
    DiggerUK wrote: »
    Hamish will have to face up to a real live "Digger got a real time property to sell'
    Hope Hamish likes humble pie.
    DiggerUK wrote: »
    Baiting will not be accepted on this thread.
    DiggerUK wrote: »
    Why no Hamish "invest in property"?

    Ah diddums.

    Another one who wants to dish it out but cries to mummy when he gets it back???

    Waaaaa waaaaaaaaaaa
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    ......but in any case you aren't seriously going to try to suggest that prices move uniformly throughout the whole of south east London, are you?
    Not only SE London, it seems to be much of a sameness nationally.
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    JonnyBravo wrote: »
    ....Another one who wants to dish it out but cries to mummy when he gets it back???...

    A sharp challenge is not baiting.
    Your post is not even a blunt challenge.
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    OK, asking prices from the time of Northern Rock were 15/16% above what the asking price for Digger Mansions is today. Seems about the national norm.

    As nobody got the answer right, it tells me that there are a lot around here who have an opinion, but not a valuable opinion.

    As the prices achieved at time of Northern Rock for identical properties are on Digger Mansions coffee table, lets see if any of you can say what percentage of the prices achieved at the time of the Northern Rock fiasco, we at Digger Mansions will achieve.

    Looks like the property bears are 1-0 up at half time.

    Come on Hamish, you have yet to pick up a Digger gauntlet, what's the fear. Don't forget, 'In Hyperspace, nobody hears you blush'
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Before Northern Rock down to -10%
    54.55% said more than 10% cheaper now than back then. So how can nobody get the answer right?

    Your poll didn't include values greater than 10% less, or it was badly written and nobody understood the question.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Before Northern Rock down to -5%
    DiggerUK wrote: »
    OK, asking prices from the time of Northern Rock were 15/16% above what the asking price for Digger Mansions is today. Seems about the national norm.

    As nobody got the answer right, it tells me that there are a lot around here who have an opinion, but not a valuable opinion.

    As the prices achieved at time of Northern Rock for identical properties are on Digger Mansions coffee table, lets see if any of you can say what percentage of the prices achieved at the time of the Northern Rock fiasco, we at Digger Mansions will achieve.

    Looks like the property bears are 1-0 up at half time.

    Come on Hamish, you have yet to pick up a Digger gauntlet, what's the fear. Don't forget, 'In Hyperspace, nobody hears you blush'

    In Sep 07 (when NR crashed), according to LR, the average house price was £184k, now it is £163k. That's a better way of determining the "national norm". That's about an 11% drop. I suggest you get your misses to run round with a hoover, give the place a coat of paint and cut the grass and you might see yourself getting the proper price for your gaff.
  • nicko33
    nicko33 Posts: 1,125 Forumite
    DiggerUK wrote: »
    As nobody got the answer right, it tells me that ...
    Ofqual needs to be called in to check the question
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