biggirlsblouse...house update..no HPC at present

Thanks for that Tumbleweed.... my uncles house is still not sold after 6 months or more...and as I said 119k. but as you say...location is everything.

Yep same for me (a bit north of you). I sold in July, there were a couple of flats on my 'estate' on sale at the same time as mine who were trying to push the envelope up a bit, but they have yet to sell. I sold mine in couple of weeks. I note that another flat (not either of the two that I saw details for) completed two weeks after mine for a couple of K more. I can also see that this price has been the norm on the estate for the past 3 years

I think that the two sellers this summer got the right price and the non-sellers are overpriced.

When I moved to where I am now (south east coast) I looked at a few of properties to buy before deciding to rent for a while. None of the ones I looked at during the summer has sold and some have reduced their prices

The market has definately been flat in the southern home counties for 2 years. God know where this place is that is having 10% pa increases

tim

Not wishing to bring up the contentious issue of house prices rising or falling again...but have you seen teletext bbc2 page 202?

No..is it available on the net?

At a guess - what's on BBC teletext is usually on their web site.....

Ah, a whole load of non-useful guesstimates.

"Earlier this month, accountancy firm PricewaterhouseCoopers predicted there was a one-in-three chance of UK house prices falling by 2010."

A classic case of putting numbers against something so its looks 'scientific' but actually imparts no useful info at all. And I wonder how they derived the '1 in 3 chance'? Finger in the air?

"A substantial fall in real house prices is likely at some point in the relatively near future, though it could yet be one or two years away," he warned."

Substantial? WTF does that mean? As has been shown here, one persons 'substantial' is 10% over a couple of years, anothers is 90% over a year.

selling at 2 year old prices round here might mean drops of 40-50k

Mind you we have a millionaire spending him money on our street which kindof keeps the prices up.

Kingston on Thames can only manage 25%

:)

Knew that would get you going!

The number of houses sold in one area isn't large enough for a comparison of average prices in that area. You have to compare the selling prices of like properties.

Trying a couple shows a small movement. e.g

tim