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oxgirl1

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About oxgirl1

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  1. oxgirl1

    Oxford

    Went to see the 3 bed semi by florence park yesterday- on at £180k, not bad condition. An old lady lived there and now selling it off, quite dated but nothing major required doing....called back for 2nd viewing this morning, and has been told that FULL Asking has been offered!..and if I were to view it for a second time, he would "recommend" I make an offer first! Seems like the people around here are definately buying again! Maybe it was just this house, as again- sensibly priced and fairly good location.....these will always get snapped up. Back to the search!.....
  2. oxgirl1

    Oxford

    This is bearing in mind the location of where you want to buy- you don't generally buy a house looking at the whole of Oxford, as you look for a particular area/s that you prefer to live in. Of course, if you don't care where you want to live and all prices were roughly the same....then yes, there prob would be no bidding war for you. But if you are looking specifically in one desirable area....I still think there will be competition about!
  3. oxgirl1

    Oxford

    I really don't agree with your thought- are you actively looking to buy at the moment?...or just a bystander? Currently on rightmove, there is a 3 bedroom cottage in Abingdon- listed building needs work etc...guide price 100k. Bargain- called EA and there has been 3 offers OVER the guide price already!!! And you think there will be no price bidding war if prices drop to levels that we are talking of?......like i said, if the house is in a good location, priced well....you will not be the only buyer looking....
  4. oxgirl1

    Oxford

    We've been actively looking and viewing over the last few months (not just comparing online)...and I know houses in good areas, that are priced sensibly are selling. It's not a buoyant market- far from it, but people will/are still buying in the current market. Recently a house down the road from where we live in Abingdon, finally sold for £395,00 from £475,000. That's a big reduction....but still pretty expensive really? We're still going to continue looking for our family home!...as we're not looking at it like a cash cow, unlike some out there. So although price is a factor, if we see something that is right and in our price range, we will go for it. In the long-run, prices will always go up following any "crashes"(not that any of us really knows what's going to happen), so we would be happy to buy now despite our different opinions! I think should house prices truly plummet to say £130k, you might end up with a bidding war on the most desirable properties, and inevitably someone else will be able to offer more than you. That "bargain" might not be such a bargain after all..... Over and out.
  5. oxgirl1

    Oxford

    If you are actively looking to buy like we are, you would know that there isn't much selling in Oxford, because there isn't that much new stock available on the market to choose from! It's the same properties that can't shift- as (in my opinion of course!) these properties are in less desirable areas of Oxford, and hence they are not going to be as popular. If you are an average young family- looking for a 2/3 bed house, nice area in the 200k region....there really is not much stock to choose from. We saw four 3 bed houses last month in the E ox area, and 2 of these have been sold. If you have a property in a good area, at the right price (not over inflated), these will always go. And what will stop prices from falling you ask? Well, personally, I think it's because there will always be someone who will be able to afford more than you. If you find a good house at the right/cheap price....there will always be someone who can offer more than you. Yes, great!..if we do have nice houses falling to £130k- but you are not the only buyer looking to buy! If you can afford £130k, someone else can afford £140k and so it goes on...... This happened with a house we missed out on in Cricket Rd. 4 Bed Edwardian lovely property- was on the market for £220k. We offered asking price, yet no luck...as there was someone else willing to go higher. People might be finding it harder to get a mortgage.....but not for everyone?...My friend recently got a mortgage all plain sailing....so in my eyes, banks are still lending. Possibly to those who have larger deposits to put down....As a buyer, of course I would be very happy to see prices fall dramatically......but truthfully, NO ONE knows what will happen....if only we had a crystal ball eh!!?...
  6. oxgirl1

    Oxford

    Incidentally, why have you recently joined a website called HousePriceCRASH when you don't seem to believe in the possibility of a crash? Just curious. Oh?....I actually thought this forum was to discuss the oxford property market in general??....is it just for those who MUST believe that prices are going to CRASH?? If that is the mantra for this forum, then I think I may be on the wrong site!! What's the point of a forum if everyone should think/believe the same thing???? Odd if you ask me!
  7. oxgirl1

    Oxford

    I'm really not disputing that there has been a slight fall in house prices!...but given your example of N.Oxford- A house with a reduction from 1 million to £850k...well, is still 850k!!!!!! That is not the price that an Average Joe can afford to buy!!? So, yes, it's great you're pointing out that this particular house has fallen by so many hundreds of thousands?.....but really, that figure means nothing to me as an Average Joe, as I would never be looking at houses in that price bracket anyway, so not really a bargain for me!! Another reason for that significant drop, could be the fact the EA has OVER valuated that house in the first place!!! I personally wouldn't spend 1 million or £850K on a SEMI-DETACHED HOUSE!!!! (Regardless of where it is!!!) For that amount of money, I would expect detached, with at least 10 bedrooms and a mahooosive garden, paddocks and pool, and tennis courts!! To value a semi-detached for that price in N, Oxford (in this current climate) to me is just plainly delusional! Come to think of it.....it's probably these crazy/greedy EA's that over-valuated all properties in the first place, which probably got us all into this big mess!! ha!ha!
  8. oxgirl1

    Oxford

    Okay- but no one here is saying that prices aren't falling? So what's your point? We all know prices have fallen- some greater than others depending on where you want to live? Like you're saying, no place is immune. My point is, that everyone is predicting this mass house price "crash", but I have yet to see this happening? I just don't think there are going to be many "bargains" to pick up in Oxford! I wish I can buy a 3 bed house or larger!! for £50k or less in Oxford, but is that really likely to happen?? I don't think so.....now prices like that is what I would call a house price crash! Prices going down by 10-15% here and there doesn't seem like a crash to me!..... Some places are going to hold its value, than other places....that's a fact. Otherwise, why is Swindon/Reading as examples have far cheaper houses to buy than Oxford?.....you tell me!?
  9. oxgirl1

    Oxford

    ShavedChimp- can't really help you there!...as it really depends on what area and how many rooms you're looking for! But I would say you would be able to get good value rentals in the current market. There is a complete saturation of 2 bed flats at the moment, so if that's what you're looking for, you should be able to get a good price on those. Good luck with the search!....
  10. oxgirl1

    Oxford

    Yes, I do agree with you that "rental" prices are falling- but this is no surprise, as I said before...alot of landlords are renting out their places rather than sell for peanuts, so they could ride this out, in the hope that they can sell again when the house prices pick up again. Therefore rented places are flooding the market at the moment! (great if you are renting!!) But if you are buying, I don't think we are going to get "bargain" if you know what I mean! As you said, it has happened to you a couple of times- low offers made, house withdrawn by vendor. Which then makes me think, that if we are buyers- are we really going to get a bargain house by waiting??..... House prices have fallen abit over the last year for sure, but my point is, that I don't think there really is going to be a "CRASH"...in that you're going to get a nice house, nice area in Oxford for less than 190k. (based on 3 bed hse) A "crash" to me, implies a massive plummet in prices!?....which I really haven't seen happening in oxford? Yes, it's gone down £10-15k here and there...but that's hardly a crash! Still don't believe that oxford house prices are going to drop significantly!!...I really doubt, we will find a 3 bed house around the e.oxford/iffley rd area for less than £200k! Though if you do see one, please let me know!! (Oh, and maybe the houses still for sale around the cowley rd area, are either too highly priced still, or people really can't get a mortgage at the moment!....yes, even those with a large deposit are not getting approved!)
  11. oxgirl1

    Oxford

    We could wait yes,....but I don't think Oxford is one of those places that will have a massive drop, to the point that a 3 bed semi by Iffley Rd is going to be less than 100k??....I've been on other online forums where people are currently buying houses at like 98k and 110k!....which sounds like such a bargain!....but they are living in an area where the prices are lower anyway. These are not the sort of prices that Oxford is going to drop to!! (I don't think anyway...) Having lived in Oxford for over 10 yrs, I've generally kept an eye on the house prices (whilst saving up for that deposit!!)....and I think it has dropped abit already......but I really don't see it crashing to the point, where you're going to get a nice house in a nice area of oxford for less than 100k! Because.....well, it's s nice desirable city, it's also a university city...so you're not really going to get a really cheap house! Yes, it's not N Oxford!....but have you seen the prices of houses off Iffley Rd or near that area!?...Those E Oxford areas are just as desirable as N.Oxford!! N.Ox is not the only nice area!! We can wait....but personally, I don't think there is going to be a massive drop, where you are going to get a complete bargain....and alot of people are choosing to rent out their places, rather than sell......hoping the house prices will pick up later!
  12. oxgirl1

    Oxford

    Hello! FTB here!...We have been looking at prices on rightmove from beginning of last year...and I think the prices have definately go down abit! We are looking mainly in the East Ox area, and we just missed out on a great house on Cricket Rd! Can you believe it was a 4 Bed House Cricket Rd (great location) for £220k?....It was an Edwardian style terraced property- so quite attractive! (period features and all that!)...and I'm sure if the market was at it's peak right now, that house would have been marketed for £250k or more! That house went 2 days after it was advertised!! Shame the prices in Oxford are never ever going to dirt cheap!!!...but that's Oxford for you! We have been looking at afew 3-Bed Semis which are around the £220k mark, but seems it's quite common to go in with offers at least 10% below the asking price at the moment. We saw one that was on the market for 225k, which we made a low offer on, but the vendor said they would accept 215k, which is not too bad for a discount? Yes, they are still over 200k...but!.... is it really possible to get a house for less than that in a nice-ish area of Oxford? I know you get some nice new houses in Greater Leys for less than £199k, but then you would be in The Leys....I think if you want to move to a nicer area of Oxford, I would say the prices will still be around the 200k mark. Really hope the prices will come down further though! Now it seems sellers are wanting to hang on to their houses by letting them out, in order to sell later when the prices pick up again......which prob explains the lack of houses for sale avail at the moment....I look almost every day on Rightmove, and it's basically the same old stock that won't shift. Looking at 3 bed semi tmw....hope it will be nice!! Anyone else a FTB in Oxford?....
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