Hi. This is my first post on HPC. In Luton, Beds the trend in the last 6 months is quite the opposite with properties selling in days for well above already inflated prices.
This property is currently under offer of 245k and the war is ongoing
http://www.rightmove.co.uk/property-for-sale/property-50774395.html?showcase=true
Meanwhile, this baby has returned on the market with +15k, I viewed it yesterday and wass outbid on it so the offers now reached the asking price. In 2012 they could not secure the sale at 165k.
http://www.rightmove.co.uk/property-for-sale/property-34096512.html
The prices for 3 beds semi in Luton are now 90-100k more in just 2 years. Madness.