Debate House Prices


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How Much Did Your House Earn In 2015 ?

124678

Comments

  • Nothing.

    Lazy !!!!!!! stayed here while I went out to work every day
    Left is never right but I always am.
  • thequant
    thequant Posts: 1,220 Forumite
    Article in todays Daily Mail on this topic, along with predictions for next year

    It's been another bumper year for house price rises according to the flurry of indices that are published monthly by lenders such as Halifax and Nationwide, and bodies such as the Land Registry and Office for National Statistics.
    Property has been a hot topic again this year, with growing demand outstripping supply meaning building new homes has been a major focus of the re-elected Tory government.

    http://www.dailymail.co.uk/money/mortgageshome/article-3370317/Will-home-sell-2016-round-house-price-predictions.html
  • HappyMJ
    HappyMJ Posts: 21,115 Forumite
    10,000 Posts Combo Breaker
    mwpt wrote: »
    Subtract tax.

    Tax? I don't pay any tax. Might pay something if I sell but I don't think so.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • mwpt
    mwpt Posts: 2,502 Forumite
    Sixth Anniversary Combo Breaker
    HappyMJ wrote: »
    Tax? I don't pay any tax. Might pay something if I sell but I don't think so.

    You've rented out your house and you don't pay any tax on this income?
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    My mortgage has made me about £1k and that's tax free and real money not paper money. (Cash ISAs and ns&i index linked Certs).

    House is about £60k but zoopla estimates are fantasy.
  • Blacklight
    Blacklight Posts: 1,565 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Which house?
  • michaels
    michaels Posts: 29,133 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Rather than valuing it in terms of pieces of printed paper I prefer to use a unit of currency called the 'home' A year ago my house was worth precisely 1 home. Just checked and as of now the valuation is one home. Should I no longer need a home then it might be worth thinking about what it might be worth in terms of other goods and services but I can't see any positive reasons that I wouldn't need a home so I suspect the value will be the same at the end of the year as well.

    (For the mortgage stoozers, ours earned DW £1507 but it will be less next year as risk free interest access savings rates have fallen)
    I think....
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Nothing.

    Lazy !!!!!!! stayed here while I went out to work every day

    My houses gave me a bit of trouble when I first acquired them, but this video will show you how to gain control (I know its a car but the principle is the same):

    https://www.youtube.com/watch?v=78b67l_yxUc
    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
  • Agree about the vagueness of Zoopla. The house next door to us on one side is much smaller but Zoopla values it at 2% less; the one on the other side has a garage and a bigger garden but Zoopla values it the same.

    Zoopla's also hopeless in flatland, where it can't distinguish between adjoining flats of quite different sizes, and values them all the same. It also tends to feature multiple valuations of the same place which it mistakes for different properties (Flat A, 15 Bloggs Road; 15A Bloggs Road; 15 Bloggs Road, Top Floor Flat; etc).
  • Dan83
    Dan83 Posts: 673 Forumite
    Eighth Anniversary 500 Posts Combo Breaker
    I was the last person the buy a house in my street, 4 years ago, so I have no idea.

    I bought for £68,000 (3 bed mix terrace with front and back garden, ex-council). 3 pos 4 other house's are private the rest are housing association house's.

    I doubt very much mine is worth much more then I payed for it, even with extensive renovations.
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