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Elizabeth

One Of The Last Or One Of The First

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This is one for the despondent amongst us. Its been a good night for finding rubbish at the low end, which is ultimately the canary test for the market.

In Margate at this time last year, you couldn't find a 1 bed property for under 68K (pretty crappy it was too <_< )

Now showing

"Probably one of the last remaining sub £50,000 flats in the South East!!"

http://www.rightmove.co.uk/viewdetails-100...pa_n=1&tr_t=buy

The floor for the towers was 42K

http://www.rightmove.co.uk/viewdetails-947...pa_n=1&tr_t=buy

I see movement at the low end.

.... and another one!

Have no idea where Neath is, and it probably a sh*thole (someone can enlighten me) but when was the last time you saw a complete house for 15K odd (even a derelect one?)

http://www.rightmove.co.uk/viewdetails-970...pa_n=1&tr_t=buy

.... and then London

This time last year there were no tower blocks advertised for under 90K

http://www.rightmove.co.uk/viewdetails-968...pa_n=3&tr_t=buy

beyond towers there was nothing 1bd under 105K and no studios under 98K.

Tonight I counted 19 units that did not look like council for under 100K

The market is also being flooded with share-ownership apartments that are sitting on the market for months and that they can't get rid of because of restrictive allocation practices and potentially over-pricing (although we wouldn't know until they remove the restrictive allocations)

Now can everybody cheer up and stop whinging :P Where is the fun gone in this site??? Wheres the good dose right_freds_dead unique wit and wisdom (your becoming a grumpy old radical fred)

Edited by Elizabeth

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This is one for the despondent amongst us. Its been a good night for finding rubbish at the low end, which is ultimately the canary test for the market.

In Margate at this time last year, you couldn't find a 1 bed property for under 68K (pretty crappy it was too <_< )

Now showing

"Probably one of the last remaining sub £50,000 flats in the South East!!"

http://www.rightmove.co.uk/viewdetails-100...pa_n=1&tr_t=buy

The floor for the towers was 42K

http://www.rightmove.co.uk/viewdetails-947...pa_n=1&tr_t=buy

I see movement at the low end.

.... and another one!

Have no idea where Neath is, and it probably a sh*thole (someone can enlighten me) but when was the last time you saw a complete house for 15K odd (even a derelect one?)

http://www.rightmove.co.uk/viewdetails-970...pa_n=1&tr_t=buy

.... and then London

This time last year there were no tower blocks advertised for under 90K

http://www.rightmove.co.uk/viewdetails-968...pa_n=3&tr_t=buy

beyond towers there was nothing 1bd under 105K and no studios under 98K.

Tonight I counted 19 units that did not look like council for under 100K

The market is also being flooded with share-ownership apartments that are sitting on the market for months and that they can't get rid of because of restrictive allocation practices and potentially over-pricing (although we wouldn't know until they remove the restrictive allocations)

Now can everybody cheer up and stop whinging :P Where is the fun gone in this site??? Wheres the good dose right_freds_dead unique wit and wisdom (your becoming a grumpy old radical fred)

Totallly agree. Have noticed the same phenomenon in my area. Bottom end is slipping.

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Totallly agree. Have noticed the same phenomenon in my area. Bottom end is slipping.

Neath / Briton Ferry are about 10 miles east of Swansea . Blink and you miss them and I recommend that you blink. Claim to fame.... apparently Ray Milland was born in Neath. Ah....long before your time no doubt.

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Guest consa

This is good evidence.

We need the lower end sales to start moving to achieve a balance in the VI figures, then the falls in the average HPI will become apparent.

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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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