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Debate House Prices
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House prices up £5000 in a year. Property Still Strong.
Comments
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Shouldn't it be from October to September?Illegitimi non carborundum.0
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Oct 2009 £171,555
Oct 2010 £182,304
Damn crash ramping express with their over bearish headlines.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
its going to be a long long struggle for the 5 or so years - god only knows what's going to happen to house prices.30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.0
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My good friend dimisses this rag of a paper for what it is......The Express are quoting hopelessly out-of-date figures from Zoopla, who get their data from the Land Registry.
Everyone knows LR figures are 3-4 months out-of-date, and even they have been showing falls for the last two months. This ties in exactly with the most reliable source of house price data, Nationwide, which has shown consistent falls for the last 5 months.Maidstone Prices - average reductions at 8.5% (£19,668) Feb 2012 - We thought the dudes were not allowed to drop prices?0 -
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Euphoria1z wrote: »my property was valued a few weeks back, ive lost 15k on paper as the surveyor valued it 9% less than what i paid for it in 2007
and its in Edinburgh. :(
If you don't need to sell it then don't. Property only ever goes up in the long term.0 -
Ahh the Express!
Its Hamish's favourite jazz mag.
Nah. Spamish prefers to "froth up" over a specialist internet site.HAMISH_MCTAVISH wrote: »It's already posted on hpc, so we all know where those comments have come from.;)0 -
Using latest Land registry figures average house price
Oct 2009 £160,118
Oct 2010 £165,505
I’m not making any comment on what it will be at end of year
Surely the headline should be "House Prices fail to keep up with inflation"."There's no such thing as Macra. Macra do not exist."
"I could play all day in my Green Cathedral".
"The Centuries that divide me shall be undone."
"A dream? Really, Doctor. You'll be consulting the entrails of a sheep next. "0 -
Euphoria1z wrote: »my property was valued a few weeks back, ive lost 15k on paper as the surveyor valued it 9% less than what i paid for it in 2007 and its in Edinburgh. :(
I think you should actually be happy that it was only 9%, which in the scheme of things is pretty good. Like you say it is paper value.
Suck it up, you'll fine in the long run.0 -
Spartacus_Mills wrote: »Surely the headline should be "House Prices fail to keep up with inflation".
And add (but your deposit does)?0
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