duckwomanloulou Posted September 6, 2009 Share Posted September 6, 2009 Taken from Bury Mercury 04/09/09 Average house prices in Suffolk have risen by more than £5,000 in the last 3 months - giving hopes of recovery in the property market. Official Land Registry figures reveal Babergh district saw the most impressive change as the average house price rose by almost £15,000. Ipswich and Waveney were the only areas where there was a marginal drop in property values. In St Edmundsbury, the figure was £11,200, a 6% rise. Meanwhile, the year-on-year drop in prices eased in July compared with June, with the East of England average fall now standing at 12%. James Bedford, partner at Bedford Estate agents said: "Since spring we have had a tremendous three or four months and sold a number of properties that would have previously been beyond our wildest dreams. In one case, we sold a cottage which was on the market at £485,000, and in which three people were interested, for £520,000" Wealthy cash buyers keeping the market data skewed here. Am on the books with this EA and haven't heard from them in months - but I won't be playing this house buying game anytime soon. LouLou Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.