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House Price Crash Forum


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Everything posted by spud

  1. I'm after advice should we or should we not? House price: 75k Zoopla estimate for the street: 73k As for nationwide estimates they are all over the place because of few sales. There has been 1 sale per year from 1998 (12.5k) to 2007 (112.5k) before 2007 no house had breached 89k. The house is a gable end terrace, it is a wedge shape(back of the house is the same length as every other in the street the front is larger and the postage stamp garden is smaller). There are three bedrooms all long and thin (widest 7'3'') a tiny bathroom, downstairs large living room and what would be a large kit
  2. Well we have this lovely gem in wigan http://www.rightmove.co.uk/property-for-sale/property-28023128.html?sortByPriceDescending=false&maxPrice=50000&pageNumber=1&backToListURL=%2Fproperty-for-sale%2FWigan.html%3FsortByPriceDescending%3Dfalse%26maxPrice%3D50000 Yes it may be in a rough area but look what you get a conservatory! asking $49,950 but it does have an offer of £40,500 on it. or you can get this in wichita http://www.realtor.com/realestateandhomes-detail/1111-N-Brunswick_Wichita_KS_67212_1116283060?mp=1 asking $69,900 about £43,000 4 bed 1.5bath 3 car garage and bas
  3. Just done my daily trawl of rightmove (very sad i know i have an addiction) and the two postcodes i look at have one house each new to the market. The first is a 3 bed terrace very large but on a main road (no parking outside) and the back yard will just fit a small car in it and nothing else it is up at £146500 on the same street there are a further 8 identical houses ranging from £90,000 to £129950. Why???? the majority of people in that area work on the market or work in the shops. The average house price sold in the street in 2009 was £99,000 there were 8 sold. I just find it so annoyi
  4. Hello This happened to us last year 2 year contract work pays for housing and all house related bills, Best thing that has happened. 1) it prevents us from rushing in and buying a house, and lets face it it is unlikely that house prices are going to shoot up 200% in 2 years and if they did then it wouldn't be sustainable and they will fall again all the while you will be saving up. 2) we get to save lots and lots ! 3) it stops family nagging about buying a house because they know we can't (stops family arguments) so i'd say go for it.
  5. Skem has nothing on kitgreen look at this one http://www.rightmove.co.uk/property-for-sa...%3D128%26y%3D12
  6. in kansas its $2.30 at the moment so about 42p a litre, we have a subaru outback costs about $23 a week to fill her up so about £15 compared to the £40 a week it used to cost me to fill up my little micra.
  7. ours was 3 bed 1 reception front and back yard mid terrace. Rent was £400 mth so (400/6.14)*1000 = £65146.58p last year the end terrace sold for £112500 non in street for sale at the moment but next street over has similar house (pavement fronted) for £105000 so round 60% fall to go, but here they have shot up a lot in 2001 you could have picked one up for average £25000.
  8. If teachers get paid that much think i should go be one i have a chemistry degree, i just left a pharmaceutical company testing drugs been there 4 years i got paid just under 18K i got 20 days holidays (from which i had to take christmas) no sick pay or pension and i worked 8.30 - 5.30 but they do have all the overtime you want, when i was saving up for my car i worked 7 - 6 5 days a week and 7 till 1 on a sat, absolutley knackering. Obviously i should have just become a teacher.
  9. its in skelmersdale all the houses look like that there if you don't have windows you can't get bricks thrown through them
  10. How about this one? http://www.rightmove.co.uk/property-for-sa...se%26index%3D10
  11. Hello My mum and dad have just had their house valued, they bought it in 2004 for 120,000 it is a three bed semi with a garage drive attic conversion and 2 reception rooms. Mr B&B said that with the banks requiring 25% deposit the majority of people in the area can't afford that normally but coupled with all the layoffs, the fact that we have loads of ths type of house on our books and they aren't selling, and it requires a more modern kitchen put it on at 90,000 but expect to get 80,000. Since they bought the house they have updated the garden installed a solid fuel burner and added a
  12. B+B were about £120 last year Healy simpson doesn't chrage any fees and the others tend to range between £110 - £140 plus your deposit spud
  13. Hi We're from Wigan and renting is cheap we are paying £400 mth for 3 bed terrace (springfield), rent has gone up a bit the only advise i'd give is to avoid B+B estate agents they'll try and sting you for the fees again once your 6mths are up. Good luck Prices have to drop in this area when tou look at the prices these terraces were selling for in 2000 £14000 and now they are £100000 it just doesn't make sence! Spud
  14. Yes i think sellers are in denial and estate agents are helping them to stay that way. I've just been reading my local property paper, one estate agent morgan H Lewis (mhl) have a dear morgan section where all your ' property mortgage or conveyancing questions are answered' I found one very interesting 'Dear Morgan, My house is currently on the market at what i believe to be a realistic price. I did have a sale agreed on it and the purchaser had a survey carried out and seemed to be happy. We have found a property that we have really fallen for and had the survey carried out, we thought ever
  15. WN6 (Wigan) Area Last month = 18 sales Last 6 Months = 334 Sales % drop = 67.6 there are 21 estate agents in the area thats less than a sale each.
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