Wednesday, Mar 21, 2007

House prices in Bodmin fell by 11% last year!

www.thisiscornwall.co.uk: Shock fall in value of our properties

Home-owners in Bodmin are reeling from the shock that a house price fall could leave those with maximum mortgages facing negative equity on a scale not experienced for 20 years.

According to latest Land Registry figures, house prices in Bodmin fell by 11% last year. The value of an average property was £174,780 in December 2006, and the value of an average detached house was £259,278 - £12,722 less than in January last year.

Posted by cash_buyer @ 10:26 PM (152 views) Add Comment

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