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stillLooking

Sussex (mid Or West)

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Hi there

I'm researching around mid-sussex, possibly west, basically looking for a pleasant place to buy a house and live that is not dull as dish water and is on the rail / thameslink and won't take too long to reach london for commuting. Any one live around here and can offer advice on the area and property prices - whether they are falling? So far Haywards heath looks interesting but any ideas are welcome!

Cheers!

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hi stilllooking

I am from the area. I sold just over a year ago in this area. Asking prices have been stagnent all year but I know decent discounts have been achieved against asking. HHeath is significantly overpriced compared to the other local towns on the thameslink route (Burgess Hill/Hassocks). This is mainly because of the better rail service available from Haywards Heath (it is one of the main stops). HHeath town centre is a dump but at least it has a few decent bars (no nightclub).

Personally I think HHeath is in a for a big wake up call, if nothing else to realign its prices with its neighbours. Realistically I think there will be another couple of years before it comes down significantly. I'm waiting!

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Hey Soldup!

Thanks for the quick reply. I've seen some interesting stuff for sale in burgess hill and wivelsfield (near the station) not the green. Whereabouts was the house that you sold? Seems to be some new builds with big incentives to move it "before xmas", do you know if these have been knocking around for a while now?

Thanks! :)

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Wivelsfield (as in the station) is actually in Burgess hill. Wivelsfield Green is a few miles away and no good if you want to be by the station. I sold up in Burgess Hill and currently rent (STR). Would prefer to live in HHeath but feel prices will come down (why else are we all here!) so holding out. Burgess Hill is Haywards Heath's poor relation basically which is why you get the prices differences (I have lived in BHill forever and a day). Prices in the last year have come down a bit in the £200,000-£250,000 bracket (ie £10,000-£15,000)but below that they have been static all year. All the new builds are overpriced so ignore any incentives parking is always tight and these are going to hit the worst in a downtown. Go for a solid 50's/60's/70's house. Like I said before deals can be done but I certainly wouldn't advocating buying at the mo.

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Hi there

Any one live around here and can offer advice on the area and property prices - whether they are falling? So far Haywards heath looks interesting but any ideas are welcome!

Cheers!

I have some house price data for 2700 properties in Crawley RH10 collected over a year and is presented bellow. Each "-" represent a individual house price drop in %. Purple markers represent price bands, from 800K on the left down to 100K on the right. From the graph it is possible to see 5K and 10K line reduction. Yes... it is true...5 properties had a price drop of more than 15%.

Also I found some estate agents refresh properties on the Rightmove web site every 8 weeks. New properties are reduced by 5K after just 1, 2 or 4 weeks being on the market. This alone will distort Rightmove house price index.

Price_reductions.gifPrice_reductions_5.gif

post-702-1131825433_thumb.jpg

post-702-1131825451_thumb.jpg

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i agree with sold up, stay away from new builds and the insetives! especially Bolnore Village in HH poorly built rabbit runs!!.. also dont buy anything @ mo, sell up (if you already own) and rent..

the crash will come one day (within next five years) so save for it! :) that is what we are doing :)

just think how much debt free you (we) will be by renting and waiting for the crash!

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  • 301 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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