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Recently I've been focusing my house search on the Twickenham area, and there was the odd 2 bed house I was eyeing up before I went on holiday, just got back from a 2 week break and most of them have been removed from the EA websites and sold !

what is happening, Anyone else noticed the market picking up?

Certainly seems to be the case that there has been an increase in sold boards (not quite the same as sales) in the Twickers area. Mostly seem to be 2 bed cottages or 3 bed terraced. Friend of mine recently sold the latter within about 3 weeks at just below the full asking (asked £340k IIRC). They're moving SW to somewhere cheaper/bigger. His neighbour 3 doors down sold a couple of weeks later.

I often visit offices near Twickenham Green and noticed that about 4 2-bed houses had been "sold" recently, a couple within weeks of going on sale. A local FA, who doesn't normally talk bull to me, has told me he is doing a lot more FTB businessat the moment.

There still seem to be quite a few 2 bed flats that have been on the market for a while, and large 4 beds look like they're really struggling (although at £600k-£900k for those I'm not surprised).

Sorry I can't say much more positive other than agree with your view. I do believe prices will drop significantly in the area, but don't ask me when! Much as I hate to say it, I think there is a bit of an autumn pick-up taking place where people who were looking in Spring held off fearing big price drops, have had their summer hols, and decided to buy as they thought it did not look so bad after the rate cut.

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  • 439 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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