Jump to content
House Price Crash Forum

Recommended Posts

Looking through my usual RM search there are big drops on around 20% of the properties. I got bored after page 5 - there are 170 properties in total. Plenty more had smaller reductions but here's a list of those in the 10% range

1. http://www.rightmove.co.uk/property-for-sale/property-29424341.html ( '£550,000' to '£475,000')

2. http://www.rightmove.co.uk/property-for-sale/property-11659479.html ( '£795,000' to '£695,000' )

3. http://www.rightmove.co.uk/property-for-sale/property-21331064.html ('£780,000' to 'Guide Price £625,000')

4. http://www.rightmove.co.uk/property-for-sale/property-25552663.html ( 'Guide Price £950,000' to' Offers in Excess of £850,000')

5. http://www.rightmove.co.uk/property-for-sale/new-homes/property-27076906.html ('Guide Price £595,000' to 'Guide Price £549,950' )

6. http://www.rightmove.co.uk/property-for-sale/property-29037989.html (Guide Price £595,000' to 'Guide Price £555,000')

7. http://www.rightmove.co.uk/property-for-sale/property-26657014.html ('Guide Price £900,000' to '£825,000' )

8. http://www.rightmove.co.uk/property-for-sale/property-23006641.html (£650,000' to '£599,950' )

9. http://www.rightmove.co.uk/property-for-sale/property-16780872.html ( '£425,000' to '£395,000')

10. http://www.rightmove.co.uk/property-for-sale/property-24951046.html (Was originally £550K, now £480k)

11. http://www.rightmove.co.uk/property-for-sale/property-15574968.html ('£575,000' to '£535,000')

My search: http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=OUTCODE^2664&sortByPriceDescending=true&minPrice=250000&maxPrice=1000000&savedSearchId=5069922&minBedrooms=4&displayPropertyType=houses&radius=5.0&oldDisplayPropertyType=houses&propFeature=Garden&propFeature=Parking&partBuyPartRent=false

For the record they still ain't selling!

Link to post
Share on other sites

http://www.rightmove.co.uk/property-for-sale/property-27729287.html (350k to 300k)

http://www.rightmove.co.uk/property-for-sale/property-13739349.html (290k to 250k)

http://www.rightmove.co.uk/property-for-sale/property-30583697.html (250k to 225k)

I have 7 pages and most are reduced, but by small ammounts. There are alot more than the above reduced by 10% or more, but I got bored :D

Link to post
Share on other sites

Seeing lots of reductions on my normal search too (SW London).

Feels very much like late 07, early 08 ... just before the first dip.

it feels like the Red Army is 30km from Berlin ....you can hear them, but you still can not see them ...

BTLs in the Bunker are still buying .... idiots ....

Edited by Damik
Link to post
Share on other sites

The obvious problem with searches like this is that they exclude houses that have sold.

If a bunch of people put houses on at silly prices and they don't sell, so what?

Not a problem with my search. I check every day and know most of the properties. Not much selling at all - admittedly most is overpriced crap, anything that is any good does sell eventually.

Link to post
Share on other sites

While falls in prices are to be cheered, it's worth noting that all those houses are pretty ordinary and in an area where the average wage of a local person is likely to be less than £25k. To see them advertised at £500k levels is insane, and I suspect Cornwall has much much further to go.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 418 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%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.