London house prices crash by 3.9% in January

ruggedtoast

Its high time prices went down again anyway. Just ask these sellers:

http://www.rightmove.co.uk/property-for-sale/property-18874816.html?locationIdentifier=REGION^1070&sortByPriceDescending=false&minBedrooms=3&radius=0.25&pageNumber=4&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E1070%26sortByPriceDescending%3Dfalse%26minBedrooms%3D3%26radius%3D0.25%26index%3D30
Their 3 bedroom terrace has been on since August in South Oxhey, one of NW London's proudest and most desirable chav towns.

07 February 2009Price changed: from '£242,950' to '£224,950'

Thats right, these canny sellers have dropped their aspirations from a quarter of a million quid for their pokey new build in the land that god forgot, to only almost a quarter of a million quid.

:money:

chucky

ruggedtoast wrote: »

Its high time prices went down again anyway. Just ask these sellers:

http://www.rightmove.co.uk/property-for-sale/property-18874816.html?locationIdentifier=REGION^1070&sortByPriceDescending=false&minBedrooms=3&radius=0.25&pageNumber=4&backToListURL=%2Fproperty-for-sale%2Ffind.html%3FlocationIdentifier%3DREGION%255E1070%26sortByPriceDescending%3Dfalse%26minBedrooms%3D3%26radius%3D0.25%26index%3D30
Their 3 bedroom terrace has been on since August in South Oxhey, one of NW London's proudest and most desirable chav towns.

07 February 2009Price changed: from '£242,950' to '£224,950'

Thats right, these canny sellers have dropped their aspirations from a quarter of a million quid for their pokey new build in the land that god forgot, to only almost a quarter of a million quid.

:money:

South Oxhey is in Hertfordshire not London - is it Prime London property?

and yes it is a pokey new build!!

botchjob

ruggedtoast wrote: »

Thats right, these canny sellers have dropped their aspirations from a quarter of a million quid for their pokey new build in the land that god forgot, to only almost a quarter of a million quid.

Pray tell, what do YOU think it should be worth? I'm not really sure what your point is. That a 3 bed newish build in a place you have snobbish disdain for couldn't possibly be worth that sort of money, whatever the financial weather?

A wild stab in the dark but i'm guessing you live far, far away from the capital, and the continuing realities of house prices.

stevetodd

pickles110564 wrote: »

Miss leading title, hardly a Crash with only falls of 3.9%. Brit not like you to go for a !!!!!!? news headline. 3 out of 10 you must try better.

Things must be picking up if this is the best he can come up with lol

ruggedtoast

botchjob wrote: »

Pray tell, what do YOU think it should be worth? I'm not really sure what your point is. That a 3 bed newish build in a place you have snobbish disdain for couldn't possibly be worth that sort of money, whatever the financial weather?

A wild stab in the dark but i'm guessing you live far, far away from the capital, and the continuing realities of house prices.

Actually I live about a 15 minute drive away from South Oxhey.

That place is well over priced for the locale, and steep for a lot of much nicer, better connected areas nearby.

I know what you mean Chucky - but Watford is supposed to be London now so there you go.