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MSE News: House asking prices reach new high

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MSE News: House asking prices reach new high

edited 30 November -1 at 1:00AM in House Buying, Renting & Selling
19 replies 2.2K views
Former_MSE_HelenFormer_MSE_Helen
2.4K posts
edited 30 November -1 at 1:00AM in House Buying, Renting & Selling
"Average house asking prices have risen to £249,841 this month, property website Rightmove reports today...."
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House asking prices reach new high

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  • Ive just put my 3 yr old Fiesta up for sale at £254,385.00

    Its a record asking price for a 2009 Ford!
  • NPowerUserNPowerUser Forumite
    409 posts
    Mortgage-free Glee!
    Following the news from Zoopla, which reported last week that the number of sellers who drop their asking prices has fallen to the lowest number in 3 years.

    Probably a sign that the house price crash wannabes will have to carry on renting whilst interest rates stay low and the government help re inflate the bubble with the help to buy scheme.

    Why pay over £700 a month renting when for not much more you can buy? Sacrifice Sky, foreign holidays, posh clothes and trainers, ready meals, eating out all the time and the latest mobile phone. It takes hard work and both of you earning but if you live within your means you can at least aspire to home ownership.

  • Percy1983Percy1983 Forumite
    5.2K posts
    Part of the Furniture 1,000 Posts Combo Breaker
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    Will list my house for £5m tomorrow, should bump the local figures up.
    Have my first business premises (+4th business) 01/11/2017 :T
    Quit day job to run 3 businesses 08/02/2017 :j
    Started third business 25/06/2016 ;)
    Son born 13/09/2015:kisses2:
    Started a second business 03/08/2013 :D
    Officially the owner of my own business since 13/01/2012 :beer:
  • PincherPincher
    6.6K posts
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    I wish they would link to a website with some graphs.
    Preferably a national one, and some local ones.

    I thought national average price was something like £170.000.
  • brit1234brit1234 Forumite
    5.4K posts
    Asking prices are irrelevant and the rightmove ones are well known to be distorted as they are initial asking prices.

    People can ask for what they want but with wages frozen and real inflation high people are getting poorer. These rises are little more than the spawn of the mass property propaganda campaign which they label the spring bounce.

    Who actually thinks that these high asking prices will translate into selling prices at the same level?
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • ukcarperukcarper Forumite
    17.3K posts
    Part of the Furniture 10,000 Posts Name Dropper
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    brit1234 wrote: »
    Asking prices are irrelevant and the rightmove ones are well known to be distorted as they are initial asking prices.

    People can ask for what they want but with wages frozen and real inflation high people are getting poorer. These rises are little more than the spawn of the mass property propaganda campaign which they label the spring bounce.

    Who actually thinks that these high asking prices will translate into selling prices at the same level?

    Why haven't you altered your sig since Sept
  • ThrugelmirThrugelmir Forumite
    72.1K posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
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    Ive just put my 3 yr old Fiesta up for sale at £254,385.00

    Its a record asking price for a 2009 Ford!

    Can we come to an agreement regarding fixtures and fittings to avoid the additional stamp duty?

    Any furry dice, sheepskin seat covers, fitted caravan towbar for example.....
    “Markets have been so good for so long, that many investors are trivialising the advanatages of actively managing portfolio risk" - Gervais Williams
  • Turnbull2000Turnbull2000 Forumite
    1.8K posts
    Wannabe owners better move quick, because in 2014 Help to Buy will add rocket fuel to the price rises!
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • edited 20 May 2013 at 8:26PM
    LizlingLizling Forumite
    882 posts
    edited 20 May 2013 at 8:26PM
    Wannabe owners better move quick, because in 2014 Help to Buy will add rocket fuel to the price rises!

    This ^^ (if you live in the South East. Don't know about elsewhere.)

    And properties in London zones 1-3 are already often going for above asking price as people get into bidding wars.
    Saving for deposit: Finished! :j
    House buying: Finished!
    Next task: Lots and lots of DIY
  • kBHXkBHX Forumite
    81 posts
    The housing market in London is crazy!
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