I just don't BELEEEEEEVE it!!

Poppycat

You can ask what ever price you want but getting some person to buy it is a different matter. Then again it always depends on what a person is prepared to pay for it

110frankie

we're selling our place for £200k and buying another for £90k, in a town so that's £100k to put in the bank as I bought it for £18k 20 years ago and it's paid for now.
So it's worked out for us :-)

We'll miss our place in the country, the views etc but we'll be near a bus route and the family and we're not young any more.

macaque_2

110frankie wrote: »

we're selling our place for £200k and buying another for £90k, in a town so that's £100k to put in the bank as I bought it for £18k 20 years ago and it's paid for now.
So it's worked out for us :-)

We'll miss our place in the country, the views etc but we'll be near a bus route and the family and we're not young any more.

Nicely done (and in the nick of time).

ka7e

Bungalows seem to sell at a premium. Obviously they are popular with older folk worrying about managing stairs and there always seems to be a shortage of them. New builds rarely include them on a development as their footprint is larger than a 2-bed house.
My OH and I bought one off-plan as FTBs in the early 80s and did very well out of it - it increased in value by much more than the 2-bed houses. Admittedly the developers only built 6 of them (as opposed to 60+ 2-bed houses!) and they were much sought-after.
Locally (SW) tiny bungalows go for a minimum £200k.

Poppycat

Yes and the opposite of that is flats they seem to go every where now particularly on brown field sites, and take ages to sell I wonder why?

ka7e wrote: »

Bungalows seem to sell at a premium. Obviously they are popular with older folk worrying about managing stairs and there always seems to be a shortage of them. New builds rarely include them on a development as their footprint is larger than a 2-bed house.
My OH and I bought one off-plan as FTBs in the early 80s and did very well out of it - it increased in value by much more than the 2-bed houses. Admittedly the developers only built 6 of them (as opposed to 60+ 2-bed houses!) and they were much sought-after.
Locally (SW) tiny bungalows go for a minimum £200k.

sunshine_shell

My dad has just bought a bungalow for 130K it needs totally gutting and doing up but as he said its his retirement so he can spend as much money as he wants on it because he can't take any of it with him!! And i don't blame him!!

Biggie

the 3 Bed Bunglow opposite the house i'm buying went for 485k (London suburb)

Vendor try to use that as a guide line when I tried to renegocate the price after the survey :whistle:

Vaux-Hall

macaque wrote: »

Margaret

We are teetering on the edge of a property bear market. How far prices unwind no one can tell. One recent prediction was for a 35% fall. This means that a £200K propety may be worth £130K in 5 or 10 years time.

You should quote the source of this: housepricecrash.co.uk. The clue's in the name.

Even the notoriously pessimistic (and wrong) Capital Economics only predict -5%, and the sensible ones -1% to 0% (Council of Mortgage Lenders, Halifax & Nationwide). I describe them as sensible, as they have their own indices, and don't just pluck a figure that they'd like it to be out of mid-air.

My Source: http://news.bbc.co.uk/1/hi/business/7150229.stm


P.S.

http://news.bbc.co.uk/1/hi/business/7226907.stm
"House prices unchanged in January"

POSSETTE

we live in new build 3 bed semi..valued at 149k..we all eventually got them down to £139k as each person that bought one told the new people looking around that they would drop price if pushed!..there were only 8 semis built the rest were 35 3 bed bungalows which are ace..all went around 190k-210k..opposite here.bungs built instead of houses!!

jonathon

Poppycat wrote: »

LOL they have a laugh

http://212.50.188.106/cgi-win/vebra.cgi?details1?src=agent&PropertyCode=1109006/BEACH/14933/6

I could nearly afford that do you think i could get a mortgage:rotfl: