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House Price Crash Forum

Jesmond Vale


sim

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HOLA441

Hi I am moving to newcastle from birmingham for work reasons. I have fallen in love with jesmond vale. I simply cannot believe the glut of properties for sale in jesmond itself.

A tyneside flat in jesmond vale is £140,000 on the market. It seems ridiculously overpriced. Why are so many houses being sold in the area - do they know something I dont?

Why arent they shifting - surely if prices are relative to what people are going on to buy in the chain.

I am a first time buyer and find the rent ridiculous in newcastle - having lived in sheffield also.

Also all the properties I have seen have been on the market for 6/7months -

Any advice.....

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