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House Price Crash Forum


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About popeye

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  1. Your place categories are much too broad. To find anything useful about an individual town, even if you have entered it in the 'search' field, you have to wade through a lot of irrelevant stuff. Take Oxford (and yes, some normal people do live there!) - is it East Midlands, West Midlands? Or Worcester - the property market here is quite different from Oxford. But your broad categories lump places together very unhelpfully.
  2. Thanks - nothing like local help! Popeye
  3. Borthwick Road, north of Christchurch Rd. I made a mistake over th eprice, it is actually £65,000. There is another similar for £70,000 in same area. Not looking good? Many thanks, Popeye
  4. Hi - I'd be grateful for some advice, don't know the area, thinking of buying a studio in Boscombe. Looks like the ground floor of a decent Edwardian house, asking price £70 000, half a mile from the beach. The area looks to have parks, gardens, etc. We are oldies, not interested in surfing, etc. so the new surf beach doesn't matter to us. What is Boscombe like? Any advice gratefully received. Best wishes, Popeye.
  5. How interesting. I suppose it's a hangover from the days when undergraduates were required to reside within 3 miles of Carfax, but it seems a very self-defeating restriction now, as it just adds to price inflation. Plus a lot of academics prefer living in the villages anyway. Also, in Headington, for medics, it's more important to have good access to the hospital sites, irrespective of which side of the ring-road the journey starts. Love the Tarquin bit! Best, Popeye
  6. That's interesting. I have lived in Oxford for many years and never heard of this. Do you know which colleges do this? It seems an odd restriction. All the best, Popeye
  7. This 'within the ring-road' business makes me mad. It is just an EA's gimmick for add-on to price. There are plenty of perfectly good areas and houses outside the ring-road, and beyond Headington the added advantage of access to London. I do think optential buyers should resist the 'inside the ring-road is a golden land' myth! Then it would cease to be a fundamental problem! But I do wish you all the best in your purchasing! Cheers, Popeye
  8. That's another factor that doesn't enter into many charts of h/prices: cash purchases are not reported because they don't involve building society mortgages. Nor are sales at auction. This is an interesting site - very technical but useful. http://firstrung.co.uk/articles.asp?pageid...&cat=44-0-0
  9. Re the stashing-the-cash business, there's no point at the moment anyway because interest rates on savings are obscenely low. If mortgage interest rates increase, presumably savings rates will increase also? Not sure how (or if) this balance would affect things.
  10. At the other end of the market a small builder who did a lot of work around Headington told me that he had little work coming in from Jan to March, but orders picked up considerably in April-May, more than the usual seasonal increase. Oxford prices have dropped, but I would say by about 20 - 25% in the Headington area. I don't believe the statistics on most of the charts, because of a) the difference between asking and actual price many vendors place their properties with multiple EAs ( I heard of a house in Cambridge on sale through 11 different agents) and this is going to skew the picture drastically That's why this site is so valuable - local knowledge is so important.
  11. Thanks to all - these are just the sort of local comments that are invaluable and the other flat does look a lot better.
  12. I'm thinking about buying a one-bedroom ground floor flat in Wadham St., Weston, refurbished, with garden, close to beach and station, asking price £69.500. Would appreciate advice from anione who knows Weston. Price reasonable,? Area reasonably? etc. Thanks.
  13. Seems to me you've been smoking something
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