Bear Hug Posted October 18, 2017 Share Posted October 18, 2017 On 10/10/2017 at 5:51 PM, 27pence said: This two bed terraced is on the market for £239950. It sold for £210,000 on the 31st March 2017. The property has not been updated at all, but brief owners believe the property has earned 30K in six months. http://www.rightmove.co.uk/property-for-sale/property-62153197.html Sadly, it appears to be the pretty much the cheapest house in Reading. Things are still being pretty sh*t but I am honestly seeing more "For Rent" and "For Sale" signs, even though the kites are flying higher and higher. Quote Link to comment Share on other sites More sharing options...
Barnsey Posted October 25, 2017 Share Posted October 25, 2017 Definitely starting to see some 10% reductions in and around Reading i.e. Caversham/Wokingham, it's the pace of reductions that's interesting, as though there's a bit of a rush: http://www.rightmove.co.uk/property-for-sale/property-69312443.html £499,950 -> £475,000 -> £455,000 in just 12 days. Still insane prices but when you think nothing has REALLY drastically changed in the economy recently and yet we're seeing these kind of reductions pick up pace, how hard does it fall from here on? Quote Link to comment Share on other sites More sharing options...
spyguy Posted December 4, 2017 Share Posted December 4, 2017 More of the same thing Ive been flagging up. https://www.ft.com/content/ebe08914-d6bc-11e7-8c9a-d9c0a5c8d5c9 'Facebook to recruit 800 staff for new London office' Growing tech companies are not considering the Thames valley. Software jobs are high paying now that they are moving to London and no SW wants to move to M4 corridor. M4 has the companies like HP, MS, both of which are shedding the higher paying jobs. Quote Link to comment Share on other sites More sharing options...
Houdini Posted December 4, 2017 Share Posted December 4, 2017 2 hours ago, spyguy said: More of the same thing Ive been flagging up. https://www.ft.com/content/ebe08914-d6bc-11e7-8c9a-d9c0a5c8d5c9 'Facebook to recruit 800 staff for new London office' Growing tech companies are not considering the Thames valley. Software jobs are high paying now that they are moving to London and no SW wants to move to M4 corridor. M4 has the companies like HP, MS, both of which are shedding the higher paying jobs. Yep - MS are having a clear out. Some offices are halving in size I suspect TVP won't as no one will want it... Quote Link to comment Share on other sites More sharing options...
spyguy Posted December 4, 2017 Share Posted December 4, 2017 1 minute ago, Houdini said: Yep - MS are having a clear out. Some offices are halving in size I suspect TVP won't as no one will want it... I keep repeating my guess -the M4 corridor as a ~40 mile of high paying jobs is dead. The traffic congestion is too great. In the mid 90s I knew people commuting Oxford/Reading/Swindon/West Lodon. Only took them 40minutes. And the M4 corridor was where the jobs were. Now these commutes (by car) are hitting 90 minutes. Of painful queuing at various bottle necks. And the well paying jobs are moving around London Terminus stations. The only area I see having a future is they develop 1 mile radius around Reading station for offices. RDG is the only mainline, fast station in the M4 corridor. The rest - esp. the Waerloo line - is just too slow. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted December 4, 2017 Share Posted December 4, 2017 40 minutes ago, spyguy said: I keep repeating my guess -the M4 corridor as a ~40 mile of high paying jobs is dead. The traffic congestion is too great. In the mid 90s I knew people commuting Oxford/Reading/Swindon/West Lodon. Only took them 40minutes. And the M4 corridor was where the jobs were. Now these commutes (by car) are hitting 90 minutes. Of painful queuing at various bottle necks. And the well paying jobs are moving around London Terminus stations. The only area I see having a future is they develop 1 mile radius around Reading station for offices. RDG is the only mainline, fast station in the M4 corridor. The rest - esp. the Waerloo line - is just too slow. I have a friend who moved to Hampshire in the 90s and told me that then there were loads of jobs in the M4 corridor but now it is just London - a long and tiring commute. Quote Link to comment Share on other sites More sharing options...
spyguy Posted December 5, 2017 Share Posted December 5, 2017 Dialog Semi (Green Park) are in trouble. Apple have pulled the plug. Quote Link to comment Share on other sites More sharing options...
dougless Posted December 5, 2017 Share Posted December 5, 2017 6 hours ago, spyguy said: Dialog Semi (Green Park) are in trouble. Apple have pulled the plug. More good news. As it happens Apple are having a tough time over the preferential tax deal they had in Ireland so maybe a newly independent UK can help them out..... Quote Link to comment Share on other sites More sharing options...
Bear Hug Posted December 11, 2017 Share Posted December 11, 2017 I hope it gets just a little bit colder. It would be nice if Reading kite-fliers whose many houses are standing empty (and available 'Now') experienced burst pipes to be taught that it's better to have an occupied property (even if it's at a lower price) in winter. Quote Link to comment Share on other sites More sharing options...
999house Posted December 26, 2017 Share Posted December 26, 2017 On 9/6/2017 at 7:05 PM, hi5lo5 said: https://www.propertytribes.com/property-not-letting-t-127630886.html 975 then 895 for that? Its a shithole. Quote Link to comment Share on other sites More sharing options...
Bear Hug Posted January 3, 2018 Share Posted January 3, 2018 The PM welcomes a new HelpToSell fool into a lifetime of debt: Get Reading: Theresa May visits Wokingham to meet new homeowner helped out by Government scheme Quote Link to comment Share on other sites More sharing options...
Insane Posted January 3, 2018 Share Posted January 3, 2018 Pity the young lady did not say " well I work hard so should have been able to buy without having to get into another 20% of debt , but the government rigged the housing market " Quote Link to comment Share on other sites More sharing options...
Bear Hug Posted January 4, 2018 Share Posted January 4, 2018 19 hours ago, Insane said: Pity the young lady did not say " well I work hard so should have been able to buy without having to get into another 20% of debt , but the government rigged the housing market " I am sure if there was even the tiniest possibility that the visited debt slave would ever question the situation, the meeting would have not happened. But it's nice to see that most people commenting on the article on GetReading website appear to understand that house prices are silly and the young are getting screwed over. Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 4, 2018 Share Posted January 4, 2018 21 hours ago, Bear Hug said: The PM welcomes a new HelpToSell fool into a lifetime of debt: Get Reading: Theresa May visits Wokingham to meet new homeowner helped out by Government scheme Interstign that the woman is in Wokingham. Interesting that the commentator suggest Woodley and then comments on its p1ss poor rado access. I lived in Wham for 14 months. Nice but boring. I can see how appeals to middle classy type, when the other options are outer Reading or Bracknell. However ..... the travel links are bad, the job prospect are worserer. The reason why I lived in Wham was a well paying job. These have moved away from the Thames valley now, all in London or else where. All that remains in the Thames Valley is a lot of middle managers types who used to work up + down the M4 corridor. I think the poor woman taking out the loan will go bust. Quote Link to comment Share on other sites More sharing options...
spyguy Posted January 4, 2018 Share Posted January 4, 2018 21 hours ago, Bear Hug said: The PM welcomes a new HelpToSell fool into a lifetime of debt: Get Reading: Theresa May visits Wokingham to meet new homeowner helped out by Government scheme Dependign on her job, its probably much more than a lifetime of debt. Poor cow. Quote Link to comment Share on other sites More sharing options...
Wayo Posted February 11, 2018 Share Posted February 11, 2018 On 12/4/2017 at 10:39 AM, iamnumerate said: I have a friend who moved to Hampshire in the 90s and told me that then there were loads of jobs in the M4 corridor but now it is just London - a long and tiring commute. This could all change with Crossrail. They are claiming Reading - Canary Wharf in 68mins in 2019. Reading has terrible housing stock - lots of narrow terraces, lots of bedrooms linked only to other bedrooms and lots of rancid run down ex rental stock they don't even photograph the inside of. Twyford down the line is small, nicer, but has very little stock and Maidenhead is an expensive dump. Quote Link to comment Share on other sites More sharing options...
spyguy Posted February 15, 2018 Share Posted February 15, 2018 On 2/11/2018 at 5:20 PM, Wayo said: This could all change with Crossrail. They are claiming Reading - Canary Wharf in 68mins in 2019. Reading has terrible housing stock - lots of narrow terraces, lots of bedrooms linked only to other bedrooms and lots of rancid run down ex rental stock they don't even photograph the inside of. Twyford down the line is small, nicer, but has very little stock and Maidenhead is an expensive dump. Well ..... Except theres few people living within 2miles of Reading station who would be able to get a job in The City. The reality is few people with money would live in Reading. Having a fast train Rdg->CWharf is fine. Its getting to Rdg station i nthe morning thats the problem. Quote Link to comment Share on other sites More sharing options...
dougless Posted February 15, 2018 Share Posted February 15, 2018 4 hours ago, spyguy said: Well ..... Except theres few people living within 2miles of Reading station who would be able to get a job in The City. The reality is few people with money would live in Reading. Having a fast train Rdg->CWharf is fine. Its getting to Rdg station i nthe morning thats the problem. That's my view of Crossrail - I expect it will be used by Estate Agents and their ilk to try and talk up prices but Reading seems to be going downhill at the moment. The traffic is diabolical and parking charges are outrageous; I don't think Crossrail will save it. There are too many apartments being built plus the area is too reliant on BIG companies who just might decide to relocate after Brexit. Quote Link to comment Share on other sites More sharing options...
spyguy Posted February 15, 2018 Share Posted February 15, 2018 I disagree on big companies. Last big company that setup in Reading was Worldcom in late 90s. Then it all fell to bits. The only future for Reading is offices around the station. Then you can get people to train it in. The m4 corricor as an econmic power house is dead - too much congestion. The town and surrounding area inc Bracknell looks liie it s becoming one massive sink estate. Quote Link to comment Share on other sites More sharing options...
fandanman Posted February 25, 2018 Share Posted February 25, 2018 You missed Nokia, Huawei , Kyocera, SSE, Bayer, Cisco, Dialog, Thales, Pepsico, Pierre Fabre etc etc etc etc More moronic posts, I really don't know why you bother commenting on a town you only use to meet up with your counsellor.............. "Reading and Bracknell really are the UK’s answer to Silicon Valley - according to a report into the country’s digital economy. High-tech businesses in the two towns turn over £10 billion a year - second only to London" " Huawei, a Chinese multinational networking and telecoms equipment and services firm, moved to Reading in 2013 and employs 600 people at Green Park " Go on tell me all these are wrong and you are right http://www.bqlive.co.uk/london-the-south/2017/12/11/news/reading-forecast-to-be-one-of-the-uk-s-fastest-growing-cities-says-ey- https://www.inyourarea.co.uk/news/reading-is-one-of-the-best-places-to-do-business-in-europe/forecast-29412/ https://www.inyourarea.co.uk/news/reading-among-best-places-for-wages-start-ups-and-productivity/ https://www.pwc.co.uk/press-room/press-releases/good-growth-for-cities-2017.html https://technation.techcityuk.com/cluster/reading/ https://www.standard.co.uk/news/london/revealed-the-uk-city-where-house-prices-are-growing-fastest-and-its-not-london-a3772826.html Quote Link to comment Share on other sites More sharing options...
Funn3r Posted February 28, 2018 Share Posted February 28, 2018 Housebuilding in Wokingham has gone crazy. Everywhere you go there are new builds. Not so sure who they are expecting will buy them. Quote Link to comment Share on other sites More sharing options...
fandanman Posted February 28, 2018 Share Posted February 28, 2018 Thats what I thought every time a 3 bed semi sweat box like this goes up for over 1/2 a million, have a look in a few months!!! Quote Link to comment Share on other sites More sharing options...
fandanman Posted March 21, 2018 Share Posted March 21, 2018 "Go on tell me all these are wrong and you are right" Still waiting........ Quote Link to comment Share on other sites More sharing options...
janch Posted March 21, 2018 Share Posted March 21, 2018 Villages around are good and bad. I keep an eye on Crowthorne and Sandhurst....a lot of posh houses with extensions and building work all over the place but Sandhurst has next to no shops and those that are there are very disappointing (betting shops and the like) whereas Crowthorne High St is OK. Unless you have a car though you're stuck as buses are infrequent although luckily the stations escaped the Beeching cuts of the 60s. They seem to be primarily dormitory places without much heart. Quote Link to comment Share on other sites More sharing options...
spyguy Posted March 21, 2018 Share Posted March 21, 2018 2 hours ago, fandanman said: "Go on tell me all these are wrong and you are right" Still waiting........ All those links are nothing more than subject spin. The business on the M4 corridor are just sales offices. 80% low paid admin. Hauwi does no development in Reading. Quote Link to comment Share on other sites More sharing options...
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