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How long did you stay in your property before upsizing?
Comments
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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.0 -
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.0 -
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.0 -
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.0 -
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?0 -
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.0 -
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!0 -
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!0 -
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.0 -
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 Eagleton0
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