SE London house prices

pigeonpie

Houses around here (we have a flat) keep going up in price. 2 have sold for over £600 000 in the last month (terraced houses) and I'm fed up with reading about how house prices are going down everywhere because they aren't. (Flat prices are down 10%). ie what sold for £450k or less in 2006/7 is now well over £550k.

Prices in nearby "less posh" areas of SE London seem to have fallen a bit. Does anyone know what Plumstead is like to live in or if there is a good or less good bit of it? It looks a bit nicer than Thamesmead (?). My neighbour has a little girl and really wants to move to somewhere with a garden where a house costs under £250k, but where she feels safe moving around on her own. Thanks if anyone has any ideas.

Running_Horse

pigeonpie wrote: »

It looks a bit nicer than Thamesmead (?). My neighbour has a little girl and really wants to move to somewhere with a garden where a house costs under £250k, but where she feels safe moving around on her own. Thanks if anyone has any ideas.

Everywhere looks nicer then Thamesmead!

Sounds like your neighbour needs to be looking at railway lines into Kent. Plenty of small towns and villages within that budget round here.

I wouldn't want to bring up my kids anywhere near SE London anyway.

robin_banks

Thamesmead - a 'new town' where A Clockwork Orange (Stanley Kubrick directed movie about an apocolypatic view of the future - with lots of 'ultraviolence' ) was filmed.

When I think of SE London, two things spring to mind, Dog$h1t and bad takeaways.

House prices are going down, whether or not the seller is in denial about such matters is a different matter entirely.

Doozergirl

Running_Horse wrote: »

Everywhere looks nicer then Thamesmead!

Correction; everywhere except Plumstead looks better than Thamesmead.

Don't even bother with going there. We went there out of curiosity at the cheap prices about 9 years ago now. H got a speeding ticket trying to get away from the place :rotfl:

And I'm a born South East Londoner

ILW

Doozergirl wrote: »

Correction; everywhere except Plumstead looks better than Thamesmead.

Don't even bother with going there. We went there out of curiosity at the cheap prices about 9 years ago now. H got a speeding ticket trying to get away from the place :rotfl:

And I'm a born South East Londoner

Erith is even worse.

mouche

As others have said, avoid Thamesmead, Erith and Plumstead. I live in near (but not in) all of the above and I wouldn't go to those areas if you paid me. Bexleyheath is not too bad and Bexley is better. Your friend could probably find a house with a garden under £250,000 in the Pantiles area of Bexleyheath, which is the nicer part. Might be harder in Bexley but not impossible.

Before everyone jumps on me, Bexleyheath and Bexley are not perfect and are full of 'yoof' but for SE London they aren't bad. The schools aren't very good apparently - not having kids I can't say from experience. I think you can get more for your money and nicer areas further out but if you're looking within London zones and SE London, those two are better than most.

puddy

what about eltham, not too bad, not great either

pippa_h

pigeonpie wrote: »

Houses around here (we have a flat) keep going up in price. 2 have sold for over £600 000 in the last month (terraced houses) and I'm fed up with reading about how house prices are going down everywhere because they aren't.

Our perfect (we've spent a lot of time and money) and very competitively priced SE London house has gone down in asking price by 25K since we put it on the market at the end of last year. The latest offer that we've had was yet another 25K under the new asking price because although we've had nothing but great feedback, buyers aren't parting with cash unless they're going to be making a killing.

I'd love to be fed up that the prices were rocketing, but I fail to see this happening anywhere near me.

ILW

pippa_h wrote: »

Our perfect (we've spent a lot of time and money) and very competitively priced SE London house has gone down in asking price by 25K since we put it on the market at the end of last year. The latest offer that we've had was yet another 25K under the new asking price because although we've had nothing but great feedback, buyers aren't parting with cash unless they're going to be making a killing.

I'd love to be fed up that the prices were rocketing, but I fail to see this happening anywhere near me.

Sell it to the OPs friend. If you do I claim my 1.5% introducer fee for coming up with the idea.

pigeonpie

Ok, so I'll tell her Kent then! Her husband wants to go up to Northampton and commute from there but she'd like to stay within London. Hither Green is too expensive - is there anywhere in that (Lewisham) sort of direction that is nice (ok not Catford).

A road near us had a 3 storey mid terrace victorian, nicely done up, for £625 and sold in 3 weeks. The same house would have been about £500 in 06/07. I think it obviously depends where you are, but I don't see SE3 and SE10 going down for anything nice. Flats yes, we are at least 10% down on this one if not more.

pigeonpie

jenner wrote: »

what about eltham, not too bad, not great either

ahem, delicate question: isn't it a little bit tricky at times if you aren't white? I've heard a lot of mutterings about not v cosmopolitan. No offence.