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Homes Under The Hammer

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Knock me down with a feather they have just shown a new build bought for £220K now valued at £160K (approx figs). The guy is not bothered, he's renting it out of course.

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Knock me down with a feather they have just shown a new build bought for £220K now valued at £160K (approx figs). The guy is not bothered, he's renting it out of course.

Classic. I've never seen one where they make a loss!

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Knock me down with a feather they have just shown a new build bought for £220K now valued at £160K (approx figs). The guy is not bothered, he's renting it out of course.

Wow, that's brutal.

Imagine the very same scenario, but multiplied 700 times. In Ashford. And involving a couple of school teachers.

Har har har.

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Knock me down with a feather they have just shown a new build bought for £220K now valued at £160K (approx figs). The guy is not bothered, he's renting it out of course.

To keep it in perspective - the house originally sold 'I8 months ago' - the program was filmed early in 2009 so it originally sold, at the absolute peak of the market at the end of 2007. Possibly just after the banking crisis but the original buyer probably signed on the dotted line just as the banking crisis broke.

Since the program was made house prices have gone back up. Whether that one has gone back up to 220k - who knows? Around here house prices are definitely back up to 2007 prices. There is a big development a few miles from me that 18 months ago was pretty much mothballed. It's back in full swing now with new section of the estate being built on.

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To keep it in perspective - the house originally sold 'I8 months ago' - the program was filmed early in 2009 so it originally sold, at the absolute peak of the market at the end of 2007. Possibly just after the banking crisis but the original buyer probably signed on the dotted line just as the banking crisis broke.

Since the program was made house prices have gone back up. Whether that one has gone back up to 220k - who knows? Around here house prices are definitely back up to 2007 prices. There is a big development a few miles from me that 18 months ago was pretty much mothballed. It's back in full swing now with new section of the estate being built on.

please let us know when it is mothballed again.

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  • 152 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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