Buying from new

ian103

we very nearly brought another new house when we were looking in worcestershire, the price that we signed upto was circa £300k which was correct for the market at the time, unfortunately the builder had a land dispute and the sale collapsed, this transpired to be very fortunate for us as when it actually sold it was sold for £275k and when it was sold just after we moved south it went for £250k. Mainly due to the falling house market but we had a lucky escape.

I would also concur with G_M's view of living on a building site - it was an absolute nightmare.

gazzabboi

pinkteapot wrote: »

But are any of them actually selling, and at what price compared to what they were bought for?

All selling very well. Had 8 plots up last month, now all gone. The prices have only increased about 5k on last year

Richard_Webster

The market will vary from one part of the country to another.

Key point is how the prices compare with similar 5-15 year old houses in the area. In 5-10 years time nobody is going to pay more for a house just because it is 5-10 years newer than one on another estate down the road.

gazzabboi

Richard_Webster wrote: »

The market will vary from one part of the country to another.

Key point is how the prices compare with similar 5-15 year old houses in the area. In 5-10 years time nobody is going to pay more for a house just because it is 5-10 years newer than one on another estate down the road.

New builds are better value than older houses in my area