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How long did you stay in your property before upsizing?

13

Comments

  • mclaren32
    mclaren32 Posts: 283 Forumite
    Part of the Furniture 100 Posts
    We bought a 4 bed semi in 2010 for £262k, sold in January for £390k having done quite a bit of work.

    Bought a 4 bed detached for £525k, I can see us spending £75k to make it how we want but the intention is that this will be our forever home to bring up a family in.
  • RandomDan
    RandomDan Posts: 90 Forumite
    Part of the Furniture 10 Posts
    Creeping up the ladder very slowly! Just using my own salary.

    12.5 years in 1 bed flat bought in 2000.
    3.5 years in 2 bed flat bought in 2012.

    I imagine maybe 2 more years in this flat before my next move which I would love to be a house with a garden which is hopefully my last move.
  • Mrs_Optimist
    Mrs_Optimist Posts: 1,107 Forumite
    3 bed terrace - 11 years

    Then moved to a 3 bed semi, extended it and now its a large 5 bed semi (was on a corner plot). Won't be moving again for quite a while. We have been here 9 years.
  • Malmo
    Malmo Posts: 710 Forumite
    Part of the Furniture Combo Breaker
    2 bed terrace - 8 years.
    Moved to a 3 bed detached 6 months ago.

    Envisage being here for 10 years or so to begin raising a young family and eventually move to a 4 bed detached with good sized bedrooms all round, though price rises in this part of the SE will be a major factor.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    First house, 3 bed end terrace - 10 years.

    Second house, 3 bed semi - extended to 4 bed - 21 years.

    Third house, 5 bed bungalow, smashed to bits and made into 3 bed bungalow with proper rooms + more facilities. Still here, still demolishing/re-building 7 years on....

    No money mentioned due to time scale.

    What does this prove, though?
  • Ithaca
    Ithaca Posts: 269 Forumite
    Fourth Anniversary 100 Posts
    First house was a two-bed terrace bought for £172k in 2007.

    Move last year into a four-bed detached in the same town which was £470k. We stayed a couple of years more than was comfortable in the first house, but it allowed us to skip the three-bed semi-detached stage and go straight for a long-term family home.

    No plans to move again for a looooooong time.
  • Ellen016
    Ellen016 Posts: 22 Forumite
    We are in the process of upsizing at the moment.
    3 bed terraced bought in 2007 for £95K there for nearly 9 years - got married and had our 2 children there.


    In the process of buying a 3 bed detached for £178K and hoping this will be our forever home - unless we win the lottery! ;)
  • chelseablue
    chelseablue Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thank you all.


    I was asking just to get a general idea of how long people stay in there homes before selling and buying.


    I paid £156,000 for my flat in 2010, sold it this year for £235,000 and paid £400,000 for our house.


    I like the part of the country I'm from, just not the house prices!
  • cloo
    cloo Posts: 1,291 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    First home with my husband, two bed flat - nearly 8 years. We wanted it to be 4-5 years, but first I was made redundant just as we were thinking about moving on, then once I was in a stable job, my husband lost his. Just as well it was a large flat, as we had two kids while we were there!

    Moved to a 4 bed, 3 reception house on same street (but that needs a lot of modernisation) for about 65% more than we sold the flat for, but helped by the fact I also sold my first home that I'd been renting out while we were in the flat, or else we'd never have managed it. As is, we were able to buy the house borrowing almost exactly the same amount as we did for the flat.

    This is in North London in a very busy market.
  • seven-day-weekend
    seven-day-weekend Posts: 36,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 6 April 2016 at 6:13PM
    We were in our first house for forty years.

    Then downsized :)

    Bungalow £5k cheaper than house we sold, but needed loads doing to it aso more expensive in the end. However, it is in a nicer area, and has a larger garden and a drive. So win-win!
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
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