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We've just been told about the recent experience of someone trying to sell a house in Nottingham.

Two years ago they put their house on the market for £280 000 and although they had quite a lot of interest no-one came up with an offer he was prepared to accept. OK he thought what shall I do now? He took it off the market several months ago and decided to pretty it up a bit - he spent £10 000 on the exterior - painted it, lots of new woodwork, gates etc.......

"That looks nice now, it must be worth a lot more and be far more desirable!" WRONG!!

He returned to the esate agent a few weeks ago for a re-evaluation - lo and behold - it was now only worth £250 000!!!!

Oops, how wrong can you be!?


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Hello all, not posted for quite a while, still watching the property market up here though.

Can't respond on Nottingham prices, but in rural area prices are dropping, not alot appears to be selling ie no evidence of sold signs. Have seen some nice price drops eg £50K off in one swoop from £395K.


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Hi Guys and Gals,

I'm in the East midlands and am keeping an eye on property on the Notts derby border, and in the Newark / southwell area.

The lagest drop ive seen so far is this one http://www.rightmove.co.uk/viewdetails-353...pa_n=1&tr_t=buy it started of at 375K ...... a 95K reduction in asking price, wonder how much they've accepted :wacko:

There are mony other all accross the area, keep the faith

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  • 302 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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