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Yep they just shaved £50 off the price. The other week

To be fair it has been up at 370 but looks like should be worth a lot less, although I dont know the area.

Edited by Discopants

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That looks awful, there is no way I'd pay anywhere near £300k!

I was hoping to see a detached 3 bed for £100k!

Edited by Pent Up

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Well it is in my area at least! :D

My link

My initial thoughts were that you may be a bit of a beginner at this. We are all used to seeing sporadic falls of greater than this both in percentage terms and in £ terms.

However a more considered response should be that such a reduction has massive consequences in terms of the lives of the vendor and any future purchaser should there be one. The trend is in only one direction and that is downwards.

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It's 60% overpriced......

Edited by Dan1

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Lymington, the part of Hampshire I'm looking in, isn't unfortunately showing any significant price declines, nor is there any build up in unsold property. Here's the Rightmove data for the SO41 post code

http://www.rightmove.co.uk/house-prices-in-my-area/marketTrendsTotalPropertiesSoldAndAveragePrice.html?searchLocation=so41

I STR'd back in 2005 but ultra low interest rates and relatively few repossessions means this crash is taking an awfully long time to happen

:(

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That looks awful, there is no way I'd pay anywhere near £300k!

I was hoping to see a detached 3 bed for £100k!

The OP is in my neighbouring County. I've been telling you people that prices are still stupidly crazy around here, near peak levels. The property in the OP is a good example. Still crazy, after alllll these years... :(

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There will be no HPC in England.

England will stand alone, like a beacon to the world, proving that house prices only ever go up if you use the power of positive thinking. Soon you will be able to sell a one bed flat in London and buy ten, eight bed houses, in Beverley Hills with the proceeds............. :P

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370K to 300K for a chalet..?

That merely represents a drop of 'away with the fairies' to 'utter insanity' as far as I'm concerned.

I'd never pay 300K for a pile of carp like that just on principle - even if I could afford it.

The principle being - I don't give someone an enormous amount of money for a pile of carp, even if it is a house (and therefore DEFINITELY going to be worth twice as much in ten years' time).

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Well it is in my area at least! :D

My link

£300,000 squids for a 70s chalet job? Are the taps made of gold and the insulation pure silk mesh? Have they used the manes of thoroughbred horses for the roofing felt? Are the steps made of Pompeii marble, and the interior doors made of enchanted Druidic oak that glistens with ancient magic for the health and wealth of the inhabitants?

I wager not. In fact, I wager this house is overpriced by about a squillion pennies, even if they do have fairies at the bottom of the garden. :angry:

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  • 312 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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