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Debate House Prices


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The 3 bed property for 120K thread.

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Comments

  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    vivatifosi wrote: »
    You're going to struggle in London lir tbh. You could get something reasonable and one bed within commute to London, but that's about it. In terms of the other location though, have you looked at park homes? They may offer a viable solution. My parents have looked at them before and there were some really nice ones, though you do need to be careful with the site fees and check out who owns them to make sure they aren't a shark.

    Other location and parent sorted (atm, parent intends to property flip this one then move closer to us :eek:). The parent in question lives with us now, and frankly this summer i would not have coped without someone else here :cry: Because of the health dramas and incessant sleeping and holding head. Parent was actually in a pretty heavy caring role. ( i am not meant to bend over now, so while i use that to ful advantage when parwnt or dh is here, life has to go on).

    Anyway, parent will stay with us, and would only move or part move if central london became available. Its where they have a lifetime of networks, friends. Parent is one of those people shop keepers, restaurants know and welcome, often comp, because parent was one of the back bones of old normal london society....:(. This week parent is getting london fix by cat sitting for friends.
  • robmatic
    robmatic Posts: 1,217 Forumite

    That '1 hour drive' specification is pretty meaningless. I've worked in Edinburgh for over a decade and have never been able to bring a car in as there is no parking.

    An Inverkeithing - Edinburgh rail season ticket is £1300 per year per person which bumps up the cost of living in Fife somewhat, even if the houses are cheaper.
  • bugslet
    bugslet Posts: 6,874 Forumite
    . I haven't followed all of the links in this thread, but I've yet to see one I'd even consider buying to live in alone, let alone bring up a family.
    .

    Honest chewie, my home in sunny Runcorn is not that bad!:p It does come with some lovely neighbours as well and you can't put a price on them.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    bugslet wrote: »
    Honest chewie, my home in sunny Runcorn is not that bad!:p It does come with some lovely neighbours as well and you can't put a price on them.

    Just like some people have an irrational hatred of London, I have an irrational hatred of everything that isn't London.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Looking for a 3-bed house is one thing .... you don't fare much better if you're looking for a 1-bed house. Obviously plenty of pokey flats are everywhere... but flat living is, imho, peasant living. There's no quality of life in a flat. Where'd you put your bike, your kayak.... where can you put the collections of hobbies items... for me, I want a hobbies space that includes a sink, lighting, space to store buckets of stuff, saws/hammers/torches... drying areas for small items I am exploring/building.

    Houses and outside space give people the space to do things, to enjoy things - to start micro-businesses. I think the high price of houses has affected a Briton's ability to be an entrepreneur.

    Many of the entrepreneurs on Dragons' Den started from their garage.... thousands do. No garage, no outside space, etc etc means less entrepreneurs dabbling and experimenting with ideas.
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    My particular favourite is the 3 bedder with a "garden" in London posted by ILW, in an area that no one sane would choose to live in even if they were giving the house away for free.

    I like the 2nd picture of the "garden" - yes the clothes aerial really helps there.
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Some flats have basement space (though admittedly less common in uk, it is incredibly useful) and garden space, less rare. Some garden flats have garden sheds!
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    There's no quality of life in a flat. Where'd you put your bike, your kayak.... where can you put the collections of hobbies items... for me, I want a hobbies space that includes a sink, lighting, space to store buckets of stuff, saws/hammers/torches... drying areas for small items I am exploring/building.

    flats aren't necessarily small though. and even though mine is pretty pokey, i can keep my bike in the bike shed (which has a security gate on it) and, bizarrely, one of the other tenants has got a canoe in his parking space in the underground garage next to his car. we also have a storage locker downstairs which does the job of a loft.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 11 September 2012 at 10:16AM
    robmatic wrote: »
    That '1 hour drive' specification is pretty meaningless. I've worked in Edinburgh for over a decade and have never been able to bring a car in as there is no parking.

    An Inverkeithing - Edinburgh rail season ticket is £1300 per year per person which bumps up the cost of living in Fife somewhat, even if the houses are cheaper.

    This is what I tried to touch on earlier. I'm not sure where this discussion stems from, and therefore I'm not sure of the context, but seems silly to just say "move 30 miles as the crow flies and you can afford a place".

    The further out you go, the further you have to drive each day. It's not quite as simple as "your money will get you more", as you'll also have less money thanks to the combined costs of the higher mileage you are doing. Suddenly you find your cost to earn shoots up dramtically leaving you less and less the further you go for living costs.

    I've had this conversations about fuel and commuting costs before with Hamish, and his solution was to either get public transport or to move closer to work to save money on fuel. Seems that's now been turned on it's head to prove a simple house price convo.
  • ILW
    ILW Posts: 18,333 Forumite
    This is what I tried to touch on earlier. I'm not sure where this discussion stems from, and therefore I'm not sure of the context, but seems silly to just say "move 30 miles as the crow flies and you can afford a place".

    The further out you go, the further you have to drive each day. It's not quite as simple as "your money will get you more", as you'll also have less money thanks to the combined costs of the higher mileage you are doing. Suddenly you find your cost to earn shoots up dramtically leaving you less and less the further you go for living costs.

    I've had this conversations about fuel and commuting costs before with Hamish, and his solution was to either get public transport or to move closer to work to save money on fuel. Seems that's now been turned on it's head to prove a simple house price convo.

    So your conclusion is that houses that are within a short commute to places of employment are likely to cost more than the ones that are a difficult journey. Not exactly a surprise.
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