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BlueRhino

Some Data For Your Perusal......

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Hi,

Since about last April I have been trying to keep an eye on the S. Wales market, as I thought I might end up buying in the coming year. After consideration, I have decided to rent for the next year, and keep an eye on it....... here is some data that might explain why...

From Rightmove.

South Glamorgan______________For Sale___________________ For Rent

3.7.05______________________341____________________20

29.9.05_____________________356___________________11

17.11.05___________________355_____________________14

West Glamorgan

3.7.05______________________453_____________________3

29.9.05_____________________1883____________________123

17.11.05____________________1922____________________187

I also have the following houses from a well known South Wales estate agent's website......

These are seperate houses from the Talbot Green area....all three beds

Aug - 99,950 .............now 89,950

April - 99,950............now sstc 92,950

June - 109,950...........now 104,950

June - 126,950...................Aug - 123,950..................now 120,000

and these are from the Bridgend area....

June - 122,950................now sstc 119,995

June - 133,000................now 119,995 :blink:

June - 122,950................July 119,995.....................now 116,995

June - 113,000...............Aug 110,000......................now 108,500

June - 109,995................July 104,995....................now unchanged

June - 109,995................now 101,500

Unless it states sstc, then according to the website, these are still for sale.

This data seems to back up The Masked Tulips' experiences from popping into agents for a chat.

Surely, I would be a madman to buy when this happening? This is simply data I have collected from the websites. Feel free to check (for any doubters).

Maybe someone more intelligent than I can make more sense of these figures in the recent media hype/current economic situation, as I am a self-confessed novice, although I did buy an economic book today as I have never studied it before. Mind you, it did say idiot on the cover....<_<

Thanks for reading

BR :)

Edited by BlueRhino

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I been monitor the Talbot Green/Miskin and Bridgend areas for past year and have notice that prices are definitely falling back to tune of 5%. However, my wife still wants to buy and absolutely hates renting. Personally, I love the freedom that renting brings. We are able to move to any located with minimum fuss and capital outlay.

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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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