PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

MSE News: House asking prices reach new high

Former_MSE_Helen
Former_MSE_Helen Posts: 2,382 Forumite
in House buying, renting & selling
"Average house asking prices have risen to £249,841 this month, property website Rightmove reports today...."
Read the full story:

House asking prices reach new high

OfficialStamp.gif


This thread is not in the 'discuss house prices and economy board' as that is only open to those logged into the forum so anyone coming from the news story may not be able to see it.

Click reply below to discuss. If you haven’t already, join the forum to reply. If you aren’t sure how it all works, read our New to Forum? Intro Guide.
«1

Comments

  • Caveat_Mortgagor
    Caveat_Mortgagor Posts: 286 Forumite
    Ive just put my 3 yr old Fiesta up for sale at £254,385.00

    Its a record asking price for a 2009 Ford!
  • NPowerUser
    NPowerUser Posts: 409 Forumite
    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.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    First Post First Anniversary Combo Breaker
    Will list my house for £5m tomorrow, should bump the local figures up.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Pincher
    Pincher Posts: 6,552 Forumite
    Combo Breaker First Post
    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.
  • brit1234
    brit1234 Posts: 5,385 Forumite
    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
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Name Dropper First Post First Anniversary
    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
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Name Dropper Photogenic First Anniversary First Post
    Caveat_Mortgagor wrote: »
    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.....
  • Turnbull2000
    Turnbull2000 Posts: 1,807 Forumite
    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
  • Lizling
    Lizling Posts: 882 Forumite
    edited 20 May 2013 at 8:26PM
    Turnbull2000 wrote: »
    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
  • kBHX
    kBHX Posts: 81 Forumite
    The housing market in London is crazy!
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343K Banking & Borrowing
  • 250K Reduce Debt & Boost Income
  • 449.6K Spending & Discounts
  • 235.1K Work, Benefits & Business
  • 607.8K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards