Debate House Prices


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Crossrail and Commuter towns up, prime London down

Telegraph reporting again that Cross rail areas are up and anywhere out of London with a short commute back are also up

http://www.telegraph.co.uk/finance/property/property-market/12157399/Mapped-The-new-property-hotspots-in-London.html

Comments

  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Surprised not to see Wood Green mentioned here. I was told it was some kind of stratospheric 'sweet spot' but the 784 terraced houses I have bought on the basis of that sage advice have been severely outperformed by places like Hangar Lane. If only Wood Green had a gyratory....and an actual cross rail station instead of an aspirational one.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Surprised not to see Wood Green mentioned here. I was told it was some kind of stratospheric 'sweet spot' but the 784 terraced houses I have bought on the basis of that sage advice have been severely outperformed by places like Hangar Lane. If only Wood Green had a gyratory....and an actual cross rail station instead of an aspirational one.

    Future XRail stations are much better as they are less crowded. Have you ever tried using an actually railway station in London? They are full of oligarchs that have bought all the property in London to leave empty. You can't move for kleptocrat Russians and Belgian dentist-gangsters.
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    Future XRail stations are much better as they are less crowded. Have you ever tried using an actually railway station in London? They are full of oligarchs that have bought all the property in London to leave empty. You can't move for kleptocrat Russians and Belgian dentist-gangsters.

    Don't get me wrong, I appreciate a contingent railway station as much as the next man. On Thursdays I like to wait for the train home on the retired Eurostar platforms at Waterloo safe in the knowledge that they may start operating trains from there again at some unspecified point in the future. You can be sure that if and when they do the price of shoddy property in some unremarkable South London dumps will more or less be unaffected.
  • padington
    padington Posts: 3,121 Forumite
    edited 16 February 2016 at 6:20AM
    Surprised not to see Wood Green mentioned here. I was told it was some kind of stratospheric 'sweet spot' but the 784 terraced houses I have bought on the basis of that sage advice have been severely outperformed by places like Hangar Lane. If only Wood Green had a gyratory....and an actual cross rail station instead of an aspirational one.

    Let me see, woodgreen, zoopla .... 7.58% in the last 12 months.

    Not to be sniffed at as a regular yearly performer.

    Ker-Ching
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • chewmylegoff
    chewmylegoff Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    padington wrote: »
    Let me see, woodgreen, zoopla .... 7.58% in the last 12 months.

    Not to be sniffed at as a regular yearly performer.

    Ker-Ching

    It is actually down 34% in the last three weeks when measured in real crossrail terms.
  • padington wrote: »
    Let me see, woodgreen, zoopla .... 7.58% in the last 12 months.

    Not to be sniffed at as a regular yearly performer.

    Ker-Ching

    How much has knife crime gone up in the last 12 months?
  • padington
    padington Posts: 3,121 Forumite
    How much has knife crime gone up in the last 12 months?

    When a 2 up 2 down makes a quarter of a million in four years, with an avalanche of estate agent letters still begging to buy or rent, believe me, you really don't care.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • padington
    padington Posts: 3,121 Forumite
    It is actually down 34% in the last three weeks when measured in real crossrail terms.

    Up 16% according to right move ;)

    http://www.rightmove.co.uk/house-prices/detail.html?country=england&locationIdentifier=REGION%5E70366&searchLocation=Wood+Green
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
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