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The Furness area was pretty cheap last time I looked. Barrow's not the easiest place to get to, and has high unemployment. A lot of Cumbria outside of the Lake District is relatively poor with high unemployment, and some parts are very rough, but prices have shot up. Barrow might be the same.

If you want to take a punt on long term trends, there was talk of building a bridge across the bay between Morecambe and Barrow to improve access to the region, and hence regenerate it. I don't know if this project is anything more than a study, but it could help improve prosperity and hence house prices. But do your own research. :)

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The Furness area was pretty cheap last time I looked. Barrow's not the easiest place to get to, and has high unemployment. A lot of Cumbria outside of the Lake District is relatively poor with high unemployment, and some parts are very rough, but prices have shot up. Barrow might be the same.

If you want to take a punt on long term trends, there was talk of building a bridge across the bay between Morecambe and Barrow to improve access to the region, and hence regenerate it. I don't know if this project is anything more than a study, but it could help improve prosperity and hence house prices. But do your own research. :)

Cheers

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I looked on land registry 'sales'.......no idea of asking price v sale price. transaction volumes fell from 241 in July 2004 to 61 in May 2005. rather fancy EAs have cut their own throat hopefully!

I've monitored prices, think sellers still in denial and asking far too much. It's gonna put a lot of peoples in negative equity when realkisation sets in and prices are forced down. Pity, but that's life and the marketplace

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Any knowledge of price movement in that location.in particular the Furness area?

Any feedback appreciated.

Many reductions and 'Offers In The Region Of' now rife across Furness and wider South Cumbria.

There has been huge speculative 'herd' buying in this area recently - much of which is unsustainable in view of the local economy - which is very bleak, with poor employment and a brain drain on the under 25s.

I think the downturn in this area will be particularly prolonged - as it gathers momentum.

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  • 441 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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