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kuntama

Hello! Any Brummies Out There?

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I was just busy doing my usual Wednesday evening HPC.co.uk fix and noticed that very few (ie no) Brummies are posting what's happening in there areas.

After all, wasn't the city centre being inundated with new -build slave boxes, which were not selling??

Calling all Brummies! I'd love to hear what's happening

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http://www.mouseprice.com/property-for-sale/ref-873772/203406792/Tower-Road-ERDINGTON-Birmingham-2-bed-Flat-B23

2 bed flat in Tower Road (a relatively new development), Erdington, Birmingham, now on offer at 99,950.

In 2007, 2 bed apartments at this development were being marketed between 136000-160000.

I'm really beginning to believe there is a significant hpc.

Living in the South East really skews one's understanding of what's going on in the UK as a whole..

Anyone know when mouseprice started collating data?

Cheers

Edited by kuntama

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I'm watching the cheaper bits of Sutton/better bits of Erdington. Increased supply over last six months. Quite a few price cuts. Lots of people still asking 120K for crappy two bed flats though. Better priced ones are shifting.

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My target area is Erdington can buy cash there, would prefer Sutton but would need a mortgage.

Anyway seeing big reductions in flats and also many flat repo.s but nothing is coming down in the houses.

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I have been watching the Birmingham market for the last three years and supply has increased dramatically since 2007. Asking prices generally have gone down a little but in my opinion the majority are still asking near bubble prices. There are still a few buyers who can proceed and are willing to buy at these prices but they seem to be in the minority. The trend seems to be downwards but it is taking a long time for sellers to realise they wont achieve the bubble prices.

Edited by Houses_Burning

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Indeed. I live in Erdington. Quite a lot of bubble or just under bubble prices with refusal to drop to realistic levels. The problem is that eventually, they are selling at overpriced levels (such as the house at the end of my street which took a year to sell) so the sellers who refuse to drop are being rewarded. I don't know how much longer it will continue though.

Flat in Moseley, been on the market since March:

http://www.rightmove.co.uk/property-for-sale/property-15326103.html

Chasing the market down, or realistically priced?

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Some haircuts in B92:

http://www.rightmove.co.uk/property-for-sale/property-25533598.html

http://www.rightmove.co.uk/property-for-sale/property-25182223.html

http://www.rightmove.co.uk/property-for-sale/property-28717583.html

http://www.rightmove.co.uk/property-for-sale/property-16902330.html

http://www.rightmove.co.uk/property-for-sale/property-28669967.html

http://www.rightmove.co.uk/property-for-sale/property-27389002.html

http://www.rightmove.co.uk/property-for-sale/property-28504169.html

http://www.rightmove.co.uk/property-for-sale/property-15772275.html

http://www.rightmove.co.uk/property-for-sale/property-27405499.html

http://www.rightmove.co.uk/property-for-sale/property-27405496.html

http://www.rightmove.co.uk/property-for-sale/property-27389005.html

http://www.rightmove.co.uk/property-for-sale/property-30310688.html

http://www.rightmove.co.uk/property-for-sale/property-16595685.html

08/06/2010 £140,000 Apartment 1, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

22/06/2007 £249,950 Apartment 3, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

31/01/2007 £249,950 Apartment 12, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

30/01/2007 £199,960 Apartment 4, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

25/01/2007 £249,950 Apartment 11, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

25/01/2007 £249,000 Apartment 8, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

25/01/2007 £249,950 Apartment 7, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

22/01/2007 £239,950 Apartment 10, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

11/01/2007 £245,000 Apartment 9, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

21/12/2006 £191,960 Apartment 6, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

21/12/2006 £199,960 Apartment 1, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

21/12/2006 £240,000 Apartment 5, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

http://www.houseprices.co.uk/e.php?q=62+woodshires+b92&n=50

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Some haircuts in B92:

http://www.rightmove.co.uk/property-for-sale/property-25533598.html

http://www.rightmove.co.uk/property-for-sale/property-25182223.html

http://www.rightmove.co.uk/property-for-sale/property-28717583.html

http://www.rightmove.co.uk/property-for-sale/property-16902330.html

http://www.rightmove.co.uk/property-for-sale/property-28669967.html

http://www.rightmove.co.uk/property-for-sale/property-27389002.html

http://www.rightmove.co.uk/property-for-sale/property-28504169.html

http://www.rightmove.co.uk/property-for-sale/property-15772275.html

http://www.rightmove.co.uk/property-for-sale/property-27405499.html

http://www.rightmove.co.uk/property-for-sale/property-27405496.html

http://www.rightmove.co.uk/property-for-sale/property-27389005.html

http://www.rightmove.co.uk/property-for-sale/property-30310688.html

http://www.rightmove.co.uk/property-for-sale/property-16595685.html

08/06/2010 £140,000 Apartment 1, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

22/06/2007 £249,950 Apartment 3, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

31/01/2007 £249,950 Apartment 12, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

30/01/2007 £199,960 Apartment 4, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

25/01/2007 £249,950 Apartment 11, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

25/01/2007 £249,000 Apartment 8, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

25/01/2007 £249,950 Apartment 7, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

22/01/2007 £239,950 Apartment 10, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

11/01/2007 £245,000 Apartment 9, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

21/12/2006 £191,960 Apartment 6, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

21/12/2006 £199,960 Apartment 1, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

21/12/2006 £240,000 Apartment 5, Brunswick House, 62, Woodshires Road, Solihull, West Midlands, B92 7DN

http://www.houseprices.co.uk/e.php?q=62+woodshires+b92&n=50

Amazing reductions, looks like the banks are taking a massive hit from them reductions. Surprised they have'nt tried a higher price first or maybe they have.

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Not quite a brummie, well from Herts but live in Walsall.... some nice price falls there..

Nearly brought a house in a moment of madness back in the summer, was originally on for 110k, now its on for 90k? Looking at terraces in one of the not so rough areas, most have had 10-20k lopped off - well those which have been on the market for longer and still not moving.

Can get some pleasantly looking bigger houses for around 100k, if extend out to 3 miles from my postcode; trouble is you wouldn't actually want to live there.....

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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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