Land Reg -0.3%

Batchy

With every loser there is someone else who profits and visa versa.

Everyone therefore can't be happy, so you will never convert every bear into bull and vice versa.

At the end of the day if you and your gf are happy, then that all good, and well done to you too.

My point last year was that it could have happened earlier.

But best of british luck to you. I hope when you decide to get involved someone isnt bidding up and thinking exactly the same as you, as you know it can and normally does happen!

Jimmy_31

Pimperne1 wrote: »

Makes perfect sense. Only those desperate to sell are selling so they are prepared to accept a pittance for the biggest investment they ever made.

Maybe its because lots of houses were only worth a pittance before the boom. made up numbers can go down as well as up.

Jimmy_31

Percy1983 wrote: »

:j:beer::j:beer::j:beer:

Excellent news for me!

Oldham:
Monthly -2.6%
Year Annual -10.5%

More importantly to me
Semi detached in Oldham:
Jan 08 £145,603 (peak)
Aug 11 £110,417

I really can't stop smiling!

:j:beer::j:beer::j:beer:

Nice to see somebody else is going to benefit from the north west tanking

Semis in the rough areas around me are priced around the 40 to 50k mark and a decent semi in the nicer area im looking to move to is around 80 to 90k. I will be going after a terrace in the nicer area and they are currently priced around 50 to 60k.

Hardly anything is selling in these areas so i may as well hang on for a bit longer seeing as my deposit is going up whilst house prices are going down.:D:D:D:D:D:D:D:D:D:D:D

Cleaver

IveSeenTheLight wrote: »

Graham,
Your looking at the wrong column
You've quoted the annual change and not the monthly change

Thank Christ for that. I was just mentally calculating from Graham's figures that my house would be worth around £2,000 by February 2013.

Mind you, even if it did Geener and Brit would probably still hold out for a bit more value.

Cleaver

Jimmy_31 wrote: »

Semis in the rough areas around me are priced around the 40 to 50k mark and a decent semi in the nicer area im looking to move to is around 80 to 90k.

Blimey, which area of Manchester are you looking to live in where 'nice' semi-detached houses can be had for £80k? Wish I'd known about those areas when we were buying a semi in Manchester a couple of years ago.

Jimmy_31

Cleaver wrote: »

Thank Christ for that. I was just mentally calculating from Graham's figures that my house would be worth around £2,000 by February 2013.

Mind you, even if it did Geener and Brit would probably still hold out for a bit more value.

Whos to say it wont be worth that

Jimmy_31

Cleaver wrote: »

Blimey, which area of Manchester are you looking to live in where 'nice' semi-detached houses can be had for £80k? Wish I'd known about those areas when we were buying a semi in Manchester a couple of years ago.

Lucky for me im not moving to manchester then isnt it:)

Cleaver

Graham_Devon wrote: »

You are correct.

But it doesn't really mean much, as no one is really getting real terms increases in income, infact were poorer as a nation, according to an article yesterday, so the real terms part doesn't really help us buy houses. They are probably more expensive now compared to income than they were a year ago because everything else that we need to buy has taken more money out of the income pot.

Graham, you appear to making lots of sensible comments today that vary from agreeing with people on the bullish side of things and disagreeing with people on the bearish side of things, and vice versa. I know that's how normal life works, but it's not going to wash on here. Ive done some calculations and if you do it just one more time the MSE-space time continium will rip and in the space of less than a second we'll all be compacted in to a dense ball of matter that weighs more than the sun but is smaller than a grain of sand. Life as we know will be over.

You'll also probably be PPR'ed.

You've been warned.

Cleaver

Cleaver wrote: »

Graham, you appear to making lots of sensible comments today

Obviously aside from the royal f*ck up around the month / year thing, but you know what I mean...

ruggedtoast

Cleaver wrote: »

Obviously aside from the royal f*ck up around the month / year thing, but you know what I mean...

Its an easy mistake to make. I become consumed with over excitement at the thought of my house value going down too.