Right now - What is happening in your area?

BornSloppy

If I walked for 10 minutes from where i'm sitting i'd come across a house for 90k, 750k and 350k. Liverpool is a very mixed city when it comes to property prices. Lots of new build flats in the city centre are empty. Family homes in Allerton,Aigburth, Mossley Hill are still high. In London ,the amount of 1million pound houses is ridiculous and a local 1 bed flat is for sale at 300k but the whole of London is overpriced

before_hollywood

in bury the situation is- loads of new build flats, get bought up to by swiftly put on the market or left empty cos people aren't renting them, same terraced houses hovering around the £100k mark and same ftb's waiting for something nearer £70-80k

Redbedhead

In Milton Keynes nice 2 beds are going within a week or so still, particularly in the better areas.

In the 4 bed market it is a bit weird. Anything up for £350k or under is generally selling quickly - those that aren't selling tend to the ones in a bit of disrepair. 4 beds between £350k and £425k just don't seem to be selling very well at all. Even the EA told me it is a buyers market. But those over £425k are selling surprisingly quickly.

nicola1982_2

In the Midlands

I rent in a block of flats which have gone down in price. One recently went up for sale around £2500 less than what it was purchased for. This may not sound alot but it was purchased in 2004, before the prices peaked.

House prices in lower income areas seemed to have stood still (ie FTB homes) whereas large family homes in nicer areas seem to be still going up slightly.

kingkano

I live in Bromley. Lots of new build flat developments been appearing the last couple years, and these still sell quickly enough around the £250k mark in the town centre (decent link to London I guess).

The 'burbs of Bromley where I was looking for 3 bed semis just had a bit of a leap. Before xmas they were around the 250k mark and around March or so (when I was ready doh) they were hitting 280-290 instead. I guess SD had been limiting the prices for a bit? Dunno....

At any rate these houses now look overpriced so they are sitting unsold for quite a bit, or they are being sold alot cheaper than advertised. But flats and other houses well over are selling closer to asking and reasonably quickly (our flat sold twice each time within a couple of weeks and within 5% of asking - and its a less desirable area).

ginger_nuts

I am in Northern Ireland .House prices here where stagnant for years .
Between 2005 and 2006 house prices doubled .Now there is a slowdown .
The days of getting £20,000 or £30,000 above the asking price are gone .
Some houses are been advertised with multi able agents and the asking prices are dropping .
Developers are reducing the asking price for new builds .

keeperbear

I am near Chiswick, West London. Prices are increasing very strongly, and their is nothing for sale or to rent on my riverside estate. 1 bedroom flats that need refurbishment have just topped 210k, and are still cheaper than new builds. About time that West London property started catching up with the mad price increases in other parts of the UK.

wolvoman

keeperbear wrote: »

I am near Chiswick, West London. Prices are increasing very strongly, and their is nothing for sale or to rent on my riverside estate. 1 bedroom flats that need refurbishment have just topped 210k, and are still cheaper than new builds. About time that West London property started catching up with the mad price increases in other parts of the UK.

If there's none for sale, how do you know what the prices are doing?

saunaboy

North East again,

We've just bought a maisonette on the coast (does that count as a flat ?) for 124k with 3 beds. It's in good nick generally but old-style & we're planning to update it big time & live in there. We're hoping that it's not going to be too much of a risk money-wise. We've bought at only 2.05x salaries so should be fine.

BUT, there are some flats going up in Whitley Bay, where an old shop has been converted into 2 bed places starting at 134k. I've got serious doubts whether they'll all go for that. One house in my street jumped from 140k to 200k in ayear but that's history.

Some prices are falling here, especially some overpriced flats but that's prob the fault of the agents overpricing em. You still see daft asks here but they drop soon enough.

phlash

Nottingham.....

Need I say more?!