ok i admit it house prices ARE mental

AceCobra

I've been keeping an eye on the local area (Crumlin) and I would certainly be off the opinion things are calming down. In november a house in our area went on for £195k and sold for £215k. 2 indentical houses are now on the market for £210 and neither have an offer near the asking price. One actually went on for £220k and dropped to £210k a week later.

Martin.

blackpongo

I live in finaghy and know what one you are talking about people came to view my house last week (which is now sold at a good profit) andtold us they had a offer in on that house but pulled out at 205 after much tought ,because they where shocked at paying 205 for a ex council house maybe thats were peoples thought sare now lying

leftieM

That's interesting. The ex-council thing puts a lot of people off which makes the houses relatively cheap. We live in a similar house which was on the market before and we are going to put it back on (you might know which one ). I'm now expecting a lower price for my house this time around.
It's hard to pick a bad house in Finaghy these days, ex-council or not. I'll miss it when we move.

blackpongo

I too will miss my house when i leave it was our first house gutted it and now somebody else is going to get my blood sweat and toil mine sold in 4 days an offer i couldnt refuse .Halifax are saying at the moment this will be there busiest time FEB & Mar dont think prices are down I was just lucky Hopefully the house i have bid on will go sale agreed this week not an easy case divorce case etc etc good luck in selling your house LeftieM

maguim

leftieM wrote:

That's interesting. The ex-council thing puts a lot of people off which makes the houses relatively cheap. We live in a similar house which was on the market before and we are going to put it back on (you might know which one ). I'm now expecting a lower price for my house this time around.
It's hard to pick a bad house in Finaghy these days, ex-council or not. I'll miss it when we move.

leftieM - definitely don't think you should expect a lower price for your house. I've been keeping a keen eye on the market in/around Finaghy/Lisburn Rd/Dunmurry as I am keen to buy there. Don't see that prices are staying static or even falling anywhere at the mo. If you get agent to value, I'd be keen to take a look at it if it has 2 or more bedrooms.

xlr8r_y2k

I always found this site http://www.aboutproperty.co.uk/news/northern-ireland-property a good place that brings together a lot of the news stories on Northern Ireland house prices, it covers the rest of the uk too. hope it's of interest.

xL

leftieM

maguim wrote:

leftieM - definitely don't think you should expect a lower price for your house. I've been keeping a keen eye on the market in/around Finaghy/Lisburn Rd/Dunmurry as I am keen to buy there. Don't see that prices are staying static or even falling anywhere at the mo. If you get agent to value, I'd be keen to take a look at it if it has 2 or more bedrooms.

That's one viewer then

maguim

If some of the other viewings are anything to go by, it'll be like a cattle market. The agents don't even have to show you round anymore - they simply allot you a time and you turn up...along with 5/6 other viewers (at least!) normally.

talksalot81

maguim wrote:

If some of the other viewings are anything to go by, it'll be like a cattle market. The agents don't even have to show you round anymore - they simply allot you a time and you turn up...along with 5/6 other viewers (at least!) normally.

That is certainly what we have seen. I think that now is a good time to get your property onto the market. Almost everything is getting a lot of views and there is still a lot of madness with people bidding miles over asking price.

leftieM

leftieM wrote:

Purely ancedotal this but...
There's a house for sale near me with Templeton Robinson so I've been keeping an eye on it. It went on in the autumn at 160k. It bid up to 207 before Christmas but the owner (an investor) decided to take it off the market until after Christmas. It went on at 185k. It has an offer of the asking price only for weeks now even though the EA said he had viewings every day.

It's just gone up 20k since yesterday. That's my theory shot down in flames unfortunately.....