Debate House Prices


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just for fun- how much do you think it'll sell for eventually

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Comments

  • before_hollywood
    before_hollywood Posts: 20,686 Forumite
    PasturesNew wrote: »
    flat £39,500

    i'll not show you the one in the same block that needs doing up then :rotfl:
    things arent the way they were before, you wouldnt even recognise me anymore- not that you knew me back then ;)
    MercilessKiller wrote: »
    BH is my best mate too, its ok :)

    I trust BH even if he's from Manchester.. ;)

    all your base are belong to us :eek:
  • shaven-monkey
    shaven-monkey Posts: 651 Forumite
    40k for the terrace, maybe 50k,
    Leashold flat... 25k maybe.
    Depends how long and hard the recession is, how low the value of sterling goes, what the real level of inflation is due to increased import costs... and so on.

    They could sell for a million if things go really badly, but having a million pound house would be great...
    "Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves." - Norm Franz
  • before_hollywood
    before_hollywood Posts: 20,686 Forumite
    shaven-monkey wrote: »
    40k for the terrace, maybe 50k,
    Leashold flat... 25k maybe.
    in 12 months? :j :j :j :j :j
    things arent the way they were before, you wouldnt even recognise me anymore- not that you knew me back then ;)
    MercilessKiller wrote: »
    BH is my best mate too, its ok :)

    I trust BH even if he's from Manchester.. ;)

    all your base are belong to us :eek:
  • shaven-monkey
    shaven-monkey Posts: 651 Forumite
    not really sure about the flat but those terraces sold for 40k in 2000.
    "Gold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves." - Norm Franz
  • kim_ley
    kim_ley Posts: 1,538 Forumite
    no one will sell no one will buy!!!
    I'm an MSE SLACKER!!!! Slap my bum.

    Been a long time but i'm back.     :o
  • abaxas
    abaxas Posts: 4,141 Forumite
    clobber wrote: »
    I have absolutely no idea. However, I was ready to come on here saying given the choice between a flat and a house, always buy the house as it will hold its value better, but that flat looks lovely. (With the disclaimer that I have no idea what the area is like etc etc).

    I agree this is currently the case. However we are not a net importer of energy, I beleive that over the next few years this balance will change.

    Why buy a house you cant heat, when you can buy a flat that you can.
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