If a house was 182k in 2003.....

huntersc

Oh, and here's a thought about renting costing you an extra £200 a month. Have you taken ownership costs into account? Because Last Saturday morning there was a leak in the house I'm renting, caused a bit of damage but moreover it caused an electrical issue which blew something or other. I called the landlord who sent someone around, only quoted him £1400. So you have to bear in mind that owning a house costs money even if it's just upkeep and we've not even mentioned the cost of the house dropping in value by £20k. That will take a lot of months of £200 a month to make up

Dammit I want to buy but I just can't justify it as these prices!!

mayzie

hethmar wrote: »

You can try the nationwide site which has a little calculator you can use though obviously it can only give a rough idea of values.

http://www.nationwide.co.uk/hpi/calculator.asp

Interesting site. I have just routed out old valuations to see what it came up with.

Now I have my figure what does it tell me?



Should I be able to achieve a figure somewhere near the new valuation it has produced,as one would in "olden days":D ? I am assuming so as this takes into account all the up and downs of the market.

Running_Horse

In your posts you have mentioned 2001, 2002, 2003, 2005, and 2007.

None of that is relevant.

What is the house worth to you in 2008, and what is the vendor likely to accept?