How Much Did Your House Earn In 2015 ?

chelseablue

I'm selling my property at the moment.


I paid £156,000 in 2010 and am selling it for £235,000


Which means the house I'm buying has also gone up, I'd much rather they didn't go up so much at all

caronoel

Main house in Surrey is up about £200k over the year (although we did spend about £40k on new bathrooms, garden work, and redecoration)

The wife and I each kept our London flats, from when we got married almost 10 years ago.

My BTL is up about £25k this year taking it to double the price I originally paid for it. The one the wife owned is up about £30-40k this year.

Quite happy with those numbers.

MFW_ASAP

DiggerUK wrote: »

I earned the same this year from my house, as I did last year........nothing.
Stop dreaming, a profit is something you can put on the table, earnings are something you can put in your pocket.

A rise in value doesn't buy anything. The gobsh!te about house prices equating to earnings in this thread is absurd..._

The bitterness is strong with this one.

Remind us again how much you made with your Gold investments since the credit crunch? Oh yes, Gold crashed and you lost your shirt, you disappeared from MSE because they don't allow internet access in the institution they took you to to get over your loss, and now you're back poorer and none the wiser :rotfl: :rotfl:

cells

cepheus wrote: »

And I thought a certain German (or possibly Austrian) said there wasn't enough living space in his adopted country?

% increase in house prices, 1970-2014 (real terms)

Germany: 1%
USA: 60%
France: 122%
UK: 346%

See the fun chart at

http://www.economist.com/blogs/dailychart/2011/11/global-house-prices …

thaats a good link

if you look at france and the uk from 1990-now for prices against income they are almost the same. Both getting 25% more expensive over the last 25 years

prices in the uk fell harder in the 1990s (vs wages) and catched up in the last 90s and into the 2000s

that confirms somewhat my view that prices in the 1990s were undervalued in most of the uk. This makes sense as a lot of people were buying homes during that time for less than it would have cost to buy just the materials for a house let alone the labour and land and finance to put all that together.

counting_stars

Flat above sold for 10k more then I bought mine for less then a year later. Plus by paying the mortgage and overpaying by the amount I would have paid by renting I have paid off an additional 4k. 14k in a year feels like a pat on the back after so many years saving and doing without to get a deposit.

Samsonite1

According to Zoopla, our house increased by £45k last year - we are selling so let's see what happens! Unfortunately, most of the houses we want are about £200k more than ours

whitesatin

Unless we move to a cheaper house/area, the house price rise means little to us really.

We "sold" ours last year for more than the asking price but couldn't afford a similar house where wanted to live. We keep our eyes open but can't see us moving in the near future now.

Here in Hemel Hempstead, the prices just keep going up. I wonder if it is people selling up in London and wanting to move out a bit. Nearby St Albans is maybe too expensive so they look at Hemel where property, at the moment, is a bit cheaper.

We are talking silly money really. My first house, in 1973, in Northolt, cost £11,200. It was a three bed semi. Between us we were earning around £4,000 pa, so less than 3 times our joint salary. You would need a joint salary of more than £160,000 based on that principle to buy this house, a 3 bed detached.

chelseablue

whitesatin wrote: »

Unless we move to a cheaper house/area, the house price rise means little to us really.

We "sold" ours last year for more than the asking price but couldn't afford a similar house where wanted to live. We keep our eyes open but can't see us moving in the near future now.

Here in Hemel Hempstead, the prices just keep going up. I wonder if it is people selling up in London and wanting to move out a bit. Nearby St Albans is maybe too expensive so they look at Hemel where property, at the moment, is a bit cheaper.

We are talking silly money really. My first house, in 1973, in Northolt, cost £11,200. It was a three bed semi. Between us we were earning around £4,000 pa, so less than 3 times our joint salary. You would need a joint salary of more than £160,000 based on that principle to buy this house, a 3 bed detached.

Bonkers isn't it

calicocat

According to zoopla mine has gone up 14k.

About right judging by the ones selling recently I would say.

But it isn't my money, as I won't be selling anytime soon. How much it's worth will only be relevant if I decide to sell.