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Reck B

Show Me An Average Priced House In Your Area

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Quite often on this site, someone will post an example of a house they feel is outrageuosly overpriced. I often find that if such a house became available in my search radius, I'd be right in there. In fact i'd be so in, I'd be falling out the other side.

I thought it would be interesting to see what £167,953 (or as close as you can get) will buy you where you live.

Also, what can you get for double that (£335,906 or thereabouts) --- i.e if (and this is a huge IF) there was a 30-50% HPC which isn't unreasonable, these £335k houses could potentially be priced at todays average. if you get what I mean? Just a simple excercise so don't question the methodology.

Anyway, I'll start.

My normal search area = Exeter + 5 miles

Averagely priced house = 2 Bedroom Terraced £167,950

3449_EXC100156_IMG_00_0001.JPG

Double 'average' house = 4 bedroomed detached FUGLY house £335,000

7125_sou100044_IMG_00_0001.jpg

Summary - it's expensive in and around Exeter. *prays for 80% falls*

Edited by Reck B

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I live in Camberley

Average 2 bed in nice neighbourhood - Around £195,000

This one has a conservatory so up £209,000 lol

17753_74925S_IMG_00_0000.JPG

Double it up to £400,000 and you'll get

22889_1719084_IMG_00_0000.jpg

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Sorry slightly misread the question... the closest to £167,953 I could get is £165,000...

That will get you this 1 bed beauty:

71512_1913460_IMG_00_0002.jpg

...which looks fine until you see the FLOORPLAN! :blink:

71512_1913460_FLP_00_0000_l.jpg

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Summary - it's expensive in and around Exeter. *prays for 80% falls*

Not as expensive as Cheltenham.

Houses are not priced in a linear fashion though. In 'middle England' a further 40k above an average house gets you another small bedroom and 3rd loo.

Double the price and you typically get loads more interior space and land around the house.

This is because a lot of people can and will find the extra 40k and very, very few are in the double average house price bracket.

I know a lot on here have nice houses in pleasant areas and it feels 'normal'. Best way to see how abnormal it is - take a train into London, Glasgow or Manchester and gaze at the mile after mile after mile of small houses and flats that most people live in spreading out to the horizon.

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Sorry slightly misread the question... the closest to £167,953 I could get is £165,000...

That will get you this 1 bed beauty:

71512_1913460_IMG_00_0002.jpg

...which looks fine until you see the FLOORPLAN! :blink:

71512_1913460_FLP_00_0000_l.jpg

Going by the size of the shirts in that cupboard that's a pretty small house!

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Thanks for the examples - keep 'em coming! A picture paints a (hundred and sixty eight) thousand words.

This country is made up of a few shafters and a whole lot of dumb shafted.

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£180k will get you a 2 bed maisonette 82553_35391_IMG_00_0000.jpg

£390k will get you this 3 bed bungallow 10699_11297_IMG_00_0002.jpg

Or £375k for this 2 bed house 10699_36809_IMG_00_0003.jpg

Christ, thats made me feel better. Where is this?

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Quite often on this site, someone will post an example of a house they feel is outrageuosly overpriced. I often find that if such a house became available in my search radius, I'd be right in there. In fact i'd be so in, I'd be falling out the other side.

I thought it would be interesting to see what £167,953 (or as close as you can get) will buy you where you live.

Also, what can you get for double that (£335,906 or thereabouts) --- i.e if (and this is a huge IF) there was a 30-50% HPC which isn't unreasonable, these £335k houses could potentially be priced at todays average. if you get what I mean? Just a simple excercise so don't question the methodology.

Anyway, I'll start.

My normal search area = Exeter + 5 miles

Averagely priced house = 2 Bedroom Terraced £167,950

Summary - it's expensive in and around Exeter. *prays for 80% falls*

I'm in south west too - 0.8% falls for September: Rightmove, Land Registry (Cornwall) and Home.co.uk. All going the right way IMO. Prices here in the South West are diabolical given average wage (£22k)

Edited by Reluctant Heretic

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what about this stunner? £299k for an end of terrace 2 bed

6256_1877756_IMG_00_0001.jpg

Holy Crap is the garden Astro-Turf!? The grass really is greener on the other side.

£299k made me chuckle, hope its a 'Premium listing'

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Holy Crap is the garden Astro-Turf!? The grass really is greener on the other side.

£299k made me chuckle, hope its a 'Premium listing'

nah, its the same colour all the way along :lol:

next door is 3 bed for £325k6256_1877618_IMG_00_0001.jpg

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Christ, this thread has cheered me up! Circ. £167k in tayside get's you this fixer-upper with a fair bit of land

http://www.tspc.co.uk/details.asp?id=96156 or this in a nice area

http://www.tspc.co.uk/details.asp?id=96925

Circ £340K gets you something a bit more impressive -

http://www.tspc.co.uk/details.asp?id=96479

http://www.tspc.co.uk/details.asp?id=98598

Or this little beauty, my choice if we see 50% drops. Check out google maps :)

http://www.tspc.co.uk/details.asp?id=98618

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  • 245 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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