[Quokka]

I think there are a few watching the CLS area so I thought it may be good to have a topic seperate from the mega Newcastle thread.

I've got a couple of Rightmove searches for the area using PropertyBee to track changes.

Can kick this off with a laugh at JW Wood with this:

Quote

date event
Friday, 25 July 2008 2:08:15 AM

* Price changed: from 'Offers in Region of £125,000' to 'Offers in Region of £139,950'

Wednesday, 30 April 2008 4:56:42 AM

* Price changed: from 'Offers in Region of £119,950' to 'Offers in Region of £125,000'

I intend to email him the bad news - "prices are falling"

link - http://www.rightmove.co.uk/viewdetails-197...18&tr_t=buy

[Patfig]

I was just looking on Nestoria ( does anyone else use this?) and it reckons in the Bishop Auckland area prices are still rising.

[Quokka]

Patfig, on Jul 27 2008, 07:36 AM, said:

I was just looking on Nestoria ( does anyone else use this?) and it reckons in the Bishop Auckland area prices are still rising.

Not seen Nestoria before. Just had a look there but not sure how you see price trends?

[Quokka]

Patfig, on Jul 27 2008, 07:36 AM, said:

I was just looking on Nestoria ( does anyone else use this?) and it reckons in the Bishop Auckland area prices are still rising.

ok, found it now - it looks a bit dodgy to me.
See below - overall prices up but on split info all are down

Quote

Average House Prices in Chester Le Street
beds May 2008 Jun 2008
all homes all £153,000 £154,000 +0.7% =
1 bed 1 £85,000 £81,000 -4.7%
2 bed 2 £121,000 £121,000
3 bed 3 £145,000 £144,000 -0.7% =
4 bed 4 £254,000 £252,000 -0.8% =

[Patfig]

Quokka, on Jul 27 2008, 11:56 AM, said:

ok, found it now - it looks a bit dodgy to me.
See below - overall prices up but on split info all are down

I hope it is dodgy I need them to drop drop drop

[Quokka]

Patfig, on Jul 27 2008, 08:07 AM, said:

I hope it is dodgy I need them to drop drop drop

They are dropping alright. Using PropertyBee makes it transparent. A couple of good ones below from Rickleton:

Quote

Saturday, 26 July 2008 10:00:43 PM

* Price changed: from 'Offers in Region of £164,950' to '£130,000'

Quote

Thursday, 24 July 2008 7:10:45 PM

* Price changed: from 'Offers in Excess of £149,000' to '£130,000'

Saturday, 24 May 2008 2:35:28 AM

* Price changed: from 'Offers in Excess of £157,000' to 'Offers in Excess of £149,000'

Drops of around 20%

[Patfig]

I bougt my first house 3 bed terraced in Chilton Co Durham in about 1990 interets rate was about 13% I think and I paid 18K for it. i want them back at that level again.

[Quokka]

Patfig, on Jul 27 2008, 08:21 AM, said:

I bougt my first house 3 bed terraced in Chilton Co Durham in about 1990 interets rate was about 13% I think and I paid 18K for it. i want them back at that level again.

Not much chance of that short of a nuclear holocaust.

I bought 3 bed semi for 10k in '76. I was second owner - first one paid 200 quid back in '36.
It still doubled in price in 5 years when I sold it.

As this site has made clear though they've never been higher versus income so a long way to go yet

I presume you don't still have the Chilton house, so must have sold for a profit?

[Patfig]

Quokka, on Jul 27 2008, 01:54 PM, said:

Not much chance of that short of a nuclear holocaust.

I bought 3 bed semi for 10k in '76. I was second owner - first one paid 200 quid back in '36.
It still doubled in price in 5 years when I sold it.

As this site has made clear though they've never been higher versus income so a long way to go yet

I presume you don't still have the Chilton house, so must have sold for a profit?

I think I sold it for about 23K many years ago.
I have a feeling we will see sub 20K properties in these locations again.

[Quokka]

Patfig, on Jul 27 2008, 09:59 AM, said:

I think I sold it for about 23K many years ago.
I have a feeling we will see sub 20K properties in these locations again.

dunno about that but 50% falls quite probable now I'd say

by your location I presume your not in Durham anymore?

[Patfig]

Quokka, on Jul 27 2008, 03:33 PM, said:

dunno about that but 50% falls quite probable now I'd say

by your location I presume your not in Durham anymore?

South Island NZ but trying to sell have a job offer in Sydney and also maybe in Cornwall too.
Decisions decisions.
You still in Co Durham?

[Quokka]

Patfig, on Jul 27 2008, 11:37 AM, said:

South Island NZ but trying to sell have a job offer in Sydney and also maybe in Cornwall too.
Decisions decisions.
You still in Co Durham?

Perth, WA for 20+ years

been back to live twice but work situation dire in NE

[Patfig]

Quokka, on Jul 27 2008, 03:42 PM, said:

Perth, WA for 20+ years

been back to live twice but work situation dire in NE

So you must like Oz then, we are going for a couple of weeks soon.

[Quokka]

Patfig, on Jul 27 2008, 11:48 AM, said:

So you must like Oz then, we are going for a couple of weeks soon.

Oz is ok but still looking for a place in NE, hence my interest here.

[Patfig]

Quokka, on Jul 27 2008, 04:02 PM, said:

Oz is ok but still looking for a place in NE, hence my interest here.

I am torn too, but wont end up in the NE I doubt, maybe SW.
Cant wait to take the kids to Beamish.