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Debate House Prices


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How Much Did Your House Make In July?

2

Comments

  • ging84
    ging84 Posts: 912 Forumite
    Part of the Furniture Combo Breaker
    i doubt my house made more than 1 unicorn
  • Rota
    Rota Posts: 167 Forumite
    I really take zoopla prices with a grain of salt. It say zoopla is wrong by around +90k on my place.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 6 August 2014 at 6:56AM
    Rota wrote: »
    I really take zoopla prices with a grain of salt. It say zoopla is wrong by around +90k on my place.

    It says the one I sold 7 years ago is still worth £10k less than I sold it for ... although looking at what's for sale there now I doubt it'd get that much!

    My current one, that "lost" £5k overnight two nights ago, has made £4 since yesterday :)
  • dryhat
    dryhat Posts: 1,305 Forumite
    Don't know and don't care.

    And besides, any money that it did "make" could only be accessed by selling (which I'm not doing) or borrowing against its value (which I'm not doing) so its a pathetically pointless exercise anyway.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    dryhat wrote: »
    Don't know and don't care.

    And besides, any money that it did "make" could only be accessed by selling (which I'm not doing) or borrowing against its value (which I'm not doing) so its a pathetically pointless exercise anyway.

    Yes of course you need to sell an asset before you can access the funds. As with any other asset really.
    Well spotted, dryhat. :T
    Don't blame me, I voted Remain.
  • dryhat
    dryhat Posts: 1,305 Forumite
    mayonnaise wrote: »
    Yes of course you need to sell an asset before you can access the funds. As with any other asset really.
    Well spotted, dryhat. :T

    No you don't - you can borrow money against its value.

    (Which is the reason you and your fellow debt-junkies love HPI).
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Around £12,600 based on the Halifax MoM.
    Don't blame me, I voted Remain.
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 6 August 2014 at 11:06AM
    dryhat wrote: »
    No you don't - you can borrow money against its value.

    (Which is the reason you and your fellow debt-junkies love HPI).



    It can come in handy, I certainly borrowed when I bought my house in Dorking (I was remortgaging my investment properties anyway) as I was about £100k short to buy it for cash. The vendor wanted a quick sale so mewing on my investment property (and my previous home which I retained) made me a cash buyer (as far as the vendor was concerned) and ensured that I got a great deal on the price (as well as avoiding mortgage arrangement and valuation fees on the house).
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Part of the Furniture 1,000 Posts Name Dropper
    This sort of p!sh could annoy me, if I chose to let it.

    I don't have monthly figures to hand, but by the time you add up council tax, insurance, decoration and heating and lighting, allowances for the time and money I spend on maintanance and secutity as well, it costs me thousands a year and earns the square root of f-all.

    So you can take your monthly "it's made..... quid" and stick it where the sun don't shine, or Fort William as it is also known!:D

    WR
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    I think i made about tuppence ha'penny.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
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