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Debate House Prices


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First Propertybee results for my local area.

1…5791011

Comments

  • m00m00
    m00m00 Posts: 1,755 Forumite
    Price changed: from '£169,950' to '£164,950'
    Price changed: from '£249,950' to '£169,950'

    250k - 165k, 32% reduction
    http://www.rightmove.co.uk/viewdetails-17318801.rsp?pa_n=72&tr_t=buy


    one of the better reductions I've found

    but I've found many in excess of 20%
    It's a health benefit ...
  • Treadmill
    Treadmill Posts: 1,102 Forumite
    http://www.rightmove.co.uk/viewdetails-16445722.rsp?pa_n=1&tr_t=buy

    22nd May 2008
    • Price changed: from '£200,000' to '£190,000'
    7th May 2008
    • Price changed: from '£209,995' to '£200,000'

    This is a significant drop in this area where people are generally still asking 2007 prices, I think it will go lower. Its currently on with three EAs but has been on with up to five, which suggests a quick sale is needed.
  • Treadmill
    Treadmill Posts: 1,102 Forumite
    m00m00 wrote: »
    Price changed: from '£169,950' to '£164,950'
    Price changed: from '£249,950' to '£169,950'

    250k - 165k, 32% reduction
    http://www.rightmove.co.uk/viewdetails-17318801.rsp?pa_n=72&tr_t=buy


    one of the better reductions I've found

    but I've found many in excess of 20%

    249K was surely a mistake, looking at prices for that street I reckon they will be lucky to get 150K for it.
  • m00m00
    m00m00 Posts: 1,755 Forumite
    they had it at 249k for a while

    I think they were trying to get planning permission for something, and got knocked back, hence the hefty reduction

    in that area, they will be lucky if it actually sells at 125k at the moment
    It's a health benefit ...
  • jamtart6
    jamtart6 Posts: 8,302 Forumite
    Well I dont think a drop of 10% on the type of houses ive been looking at is bad for our area oop north! :)

    :ABeing Thrifty Gifty again this year:A
  • roxorx
    roxorx Posts: 90 Forumite
    Part of the Furniture Combo Breaker
    Currently seeing a few every other day drop in the areas/range I'm keeping an eye on...

    Birmingham - Doing large searches on this as a whole, smaller ones on the below areas :
    Kings Norton
    Erdington
    Pype Hayes

    Searches are for 2+ bed houses, 100k to 130k.

    Interesting that Dixons Countrywide have numerous houses now appearing with "This property is offered with a 5% gifted deposit.". At least 4 or 5 properties have had that added into their detail in the last 8 days (since I started use Property Bee). Starting to see 3 bed properties come close to my range of up to around 110-115k for half-decent areas and with fitted kitchen/bathroom etc :D

    Few examples :

    http://www.rightmove.co.uk/viewdetails-15290953.rsp?pa_n=1&tr_t=buy
    dateevent23rd May 2008
    • Price changed: from 'Offers in Excess of £107,000' to 'Offers in Excess of £100,000'
    13rd May 2008
    • Initial entry found.
    http://www.rightmove.co.uk/viewdetails-10143441.rsp?pa_n=2&tr_t=buy
    dateevent16th May 2008
    • Price changed: from 'Offers in Region of £106,000' to 'Offers in Region of £102,000'
    12nd May 2008
    • Initial entry found.
  • dean_ham
    dean_ham Posts: 277 Forumite
    Ive been using property bee now for a month now. Im a FTB and looking at buying in the postcode CF41 which is in the rhondda, and im looking at spending upto £110,000.
    The amount of reductions ive seen within 3 mile radius of CF41 has been unbelivable! It looks like as if the lower end of the scale of homes are really struggling to get rid of their homes and have reduced their prices. Where the prices im looking at £110,000 ish they seem to be sticking to their guns and no reductions.
    Anyway if the amount of reductions you can see below is anything to come by a month after the credit crisis i hope there are alot more reductions to come :)

    23rd May 2008 21:50:07
    * Price changed: from '£64,950' to '£55,000'
    27th Apr 2008 16:02:10
    * Price changed: from '£60,000' to '£57,500'
    23rd May 2008 21:50:36
    * Price changed: from '£69,950' to 'Offers in Excess of £58,000'
    15th May 2008 18:05:57
    * Price changed: from '£64,950' to '£59,950'
    15th May 2008 18:06:31
    * Price changed: from '£64,995' to '£60,000'
    5th May 2008 18:06:31
    * Price changed: from '£64,950' to 'Offers in Excess of £60,000'

    - 3rd May 2008 03:25:51
    * Price changed: from '£66,500' to '£64,950'
    3rd May 2008 03:25:51
    * Price changed: from '£66,500' to '£64,950'
    23rd May 2008 21:53:02
    * Price changed: from '£67,000' to '£62,000'
    15th May 2008 18:07:19
    * Price changed: from '£67,450' to 'Offers in Excess of £64,000
    23rd May 2008 22:30:03
    * Price changed: from '£69,950' to '£64,950'
    23rd May 2008 22:30:37
    * Price changed: from '£84,950' to 'Offers in Excess of £64,950'
    15th May 2008 18:07:32
    * Price changed: from '£69,950' to '£64,950'
    23rd May 2008 22:30:37
    * Price changed: from '£69,995' to '£64,995'
    3rd May 2008 03:26:04
    * Price changed: from '£69,950' to '£67,500'
    15th May 2008 18:09:00
    * Price changed: from '£77,950' to '£69,950'
    23rd May 2008 22:32:41
    * Price changed: from '£74,950' to '£69,950'
    3rd May 2008 03:26:15
    * Price changed: from '£74,950' to '£69,950'
    23rd May 2008 22:32:41
    * Price changed: from '£75,000' to '£69,995'
    15th May 2008 18:18:17
    * Price changed: from '£74,950' to 'Offers in Excess of £71,200'
    15th May 2008 18:18:28
    * Price changed: from '£75,950' to 'Offers in Excess of £72,150'

    15th May 2008 18:19:15
    * Price changed: from '£76,950' to '£72,950'
    23rd May 2008 22:33:58
    * Price changed: from '£75,000' to '£73,000'
    3rd May 2008 03:26:41
    * Price changed: from '£80,000' to '£74,000'
    23rd May 2008 22:34:54
    * Price changed: from '£79,995' to '£74,995'
    23rd May 2008 22:35:07
    * Price changed: from '£80,000' to '£75,000'
    12nd May 2008 13:26:05
    * Price changed: from '£79,500' to 'Offers in Excess of £75,525'
    12nd May 2008 13:26:05
    * Price changed: from '£85,000' to '£75,950'
    15th May 2008 18:22:18
    * Price changed: from '£79,995' to '£78,000'
    23rd May 2008 22:36:30
    * Price changed: from '£85,000' to '£79,000'
    3rd May 2008 03:27:50
    * Price changed: from '£85,950' to '£79,000'
    3rd May 2008 03:28:24
    * Price changed: from '£89,950' to '£79,950'
    15th May 2008 18:22:54
    * Price changed: from '£84,950' to '£79,950'
    15th May 2008 18:24:58
    * Price changed: from '£84,950' to 'Offers in Excess of £80,700'
    22nd May 2008 06:09:52
    * Price changed: from '£89,950' to 'Offers in Excess of £84,950'
    * Status changed: from 'Sold STC' to 'Available'
    22nd May 2008 06:09:24
    * Price changed: from '£88,500' to '£84,950'
    22nd May 2008 06:09:52
    * Price changed: from 'Offers in Region of £89,950' to '£84,950'
    22nd May 2008 06:09:12
    * Price changed: from '£89,995' to '£84,995'
    22nd May 2008 06:09:12
    * Price changed: from '£86,950' to '£84,995'
    12nd May 2008 13:15:24
    * Price changed: from '£90,000' to '£85,500'
    22nd May 2008 06:08:14
    * Price changed: from '£91,995' to '£87,500'
    15th May 2008 20:19:59
    * Price changed: from '£92,500' to '£89,950'
    22nd May 2008 06:07:33
    * Price changed: from '£91,950' to '£89,950'
    8th May 2008 00:50:08
    * Price changed: from '£94,950' to '£89,950'
    22nd May 2008 06:06:52
    * Price changed: from '£99,950' to '£89,995'
    22nd May 2008 06:06:52
    * Price changed: from '£92,000' to '£89,995'
    22nd May 2008 06:05:28
    * Price changed: from '£94,950' to '£93,500'
    12nd May 2008 11:23:00
    * Price changed: from '£99,950' to 'Offers in Excess of £94,950'
    22nd May 2008 06:03:04
    * Price changed: from '£104,950' to '£99,750'
    3rd May 2008 03:38:06
    * Price changed: from '£105,000' to '£99,950' (was orignally £115,000 a few months ago)
    15th May 2008 19:31:48
    * Price changed: from '£109,950' to 'Offers in Excess of £104,450' (was £115,000 3 months ago)
    13rd May 2008 12:51:08
    * Price changed: from '£119,950' to '£110,000'
    22nd May 2008 06:01:31
    * Price changed: from '£117,000' to '£114,000'
    3rd May 2008 03:39:35
    * Price changed: from '£120,000' to '£115,000'
    15th May 2008 18:29:29
    * Price changed: from '£125,000' to '£118,000'
    22nd May 2008 06:00:26
    * Price changed: from '£134,950' to 'Offers in Excess of £124,950'
    22nd May 2008 05:58:55
    * Price changed: from '£139,995' to '£129,995'
    12nd May 2008 10:58:24
    * Price changed: from '£139,950' to '£134,950'
    23rd May 2008 22:57:56
    * Price changed: from '£144,950' to '£142,500'
  • Annpan
    Annpan Posts: 263 Forumite
    Part of the Furniture Combo Breaker
    Dean, you should get a palace for 110K in CF41! We're looking in CF64 and the prices are stubbornly high still.
  • Annpan
    Annpan Posts: 263 Forumite
    Part of the Furniture Combo Breaker
    jamtart6 wrote: »
    Well I dont think a drop of 10% on the type of houses ive been looking at is bad for our area oop north! :)
    How far oop north are you Jamtart? Plenty of bargains around Stoke!
  • m00m00
    m00m00 Posts: 1,755 Forumite
    this one is pretty impressive

    24th May 2008
    • Price changed: from '£374,950' to '£359,950'
    26th Apr 2008
    • Price changed: from '£393,950' to '£374,950'
    29th Mar 2008
    • Price changed: from '£413,950' to '£393,950'
    3rd Mar 2008
    • Price changed: from '£434,950' to '£413,950'
    13th Feb 2008
    • Price changed: from '£435,950' to '£434,950'
    3rd Feb 2008
    • Price changed: from 'Guide Price £450,000' to '£435,950'
    30th Jan 2008
    • Initial entry found.

    http://www.rightmove.co.uk/viewdetails-16834285.rsp?pa_n=81&tr_t=buy
    It's a health benefit ...
This discussion has been closed.
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