Debate House Prices


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Rightmove 1/4 mile property/STC Friday Fun.

Ok thought I would do this as I was surprised to see two houses near me that where up for sale sold in the last few weeks
Should be interesting as one was purchased in 2007 around peak and the other mid 2009 about 12 months after the builder had a fire sale so should give some idea how well (or unwell) our area is standing up. (anyway)

So 1/4 from my.
3 Houses for sale
2 houses STC.

Not that this will mean that much but we can all have a good fight about something before the next lot of housing stats come out. :)
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Comments

  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Round my way...

    29 houses for sale within 1/4 mile
    3 house SSTC within 1/4 mile

    How long do they leave SSTC houses up on rightmove for? I keep a vague eye on the property market around us and it's basically made up of:
    • Houses that have been on for ages, just sitting there at the same price with no one buying them.
    • The rare house that comes on at around 10-20% cheaper than the houses above and gets sold within days.
    • The rare house that sells when people actually realise that just leaving your house on the market for 2 years at the same price won't actually sell your house and they reduce the price.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Does the 3 include the 2?

    Round my way:

    45 in total
    10 of which sold STC
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Thought it would remind us of the old days.

    I would say STC stays up for around 3 months, (there are a couple on the way home that are STC and they are still on and it must be 2-3 moths now since they were sold STC)
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Blacklight wrote: »
    Does the 3 include the 2?

    No

    So out of 5 houses 2 are sold.
  • ash28
    ash28 Posts: 1,789 Forumite
    Mortgage-free Glee! Debt-free and Proud!
    edited 20 August 2010 at 9:12AM
    Round my way too....

    223 houses for sale
    142 houses STC

    365 in total

    I'm quite surprised to be honest, though saying that anything half way decent goes pretty quickly.

    Next door was up for sale as "needs updating" and sold within 3 weeks.

    I did notice when going to a friend's a couple of houses go up for sale recently and they were sold within days.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Round my way.....
    within 1/4 mile .........nothing for sale :(
    within 1/2 mile..........nothing for sale :(

    Us bain't very built-up, round yer! :)
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Davesnave wrote: »
    Round my way.....
    within 1/4 mile .........nothing for sale :(
    within 1/2 mile..........nothing for sale :(

    Us bain't very built-up, round yer! :)

    I thought I was looking like a scarecrow, you can now take over the mantel.:)
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 20 August 2010 at 9:57AM
    round my way 35 for sale
    22 stc
    57 in total


    you would have to look in more detail really as lots of property on more than once
  • westv
    westv Posts: 6,482 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cleaver wrote: »

    How long do they leave SSTC houses up on rightmove for?


    Normally until exchange of contracts.
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Eagerly awaiting dirk rambos findings.
    Official MR B fan club,dont go............................
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