Up the spout Posted June 27, 2015 Share Posted June 27, 2015 http://www.telegraph.co.uk/finance/property/11700282/Mapped-How-much-has-your-house-price-moved-in-10-years.html Inflation adjusted prices over ten years aren't as high as I'd have thought for 90% of the country... Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted June 27, 2015 Share Posted June 27, 2015 (edited) Hmm Nottinghamshire -28%...great boom we are having...good job i've not got a lot of my equity in what after all is dead money. very much see a house as a liability after ten years of misery and maintenance, should have stuck to renting. Edited June 27, 2015 by crashmonitor Quote Link to comment Share on other sites More sharing options...
long time lurking Posted June 27, 2015 Share Posted June 27, 2015 Now show the price when adjusted for for wage inflation over the same period as all other inflation just makes the cost more unaffordable if wage inflation is below the chosen CPI/RPI inflation stats used in these calculations Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted June 27, 2015 Share Posted June 27, 2015 It seems the only area with any real positive growth is London. Must be because thats where all the talent is. Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted June 27, 2015 Share Posted June 27, 2015 It seems the only area witnow draws in talent from all over the worldh any real positive growth is London. Must be because thats where all the talent is. Many a true word said in jest. Over the last ten years London has become a true global city, it now draws in talent from all over the world and its connection with the rest of the UK is being weaker with every passing year and . Quote Link to comment Share on other sites More sharing options...
nnails Posted June 28, 2015 Share Posted June 28, 2015 I now own house which I brought for 3k less tHan 2005 Quote Link to comment Share on other sites More sharing options...
Venger Posted June 28, 2015 Share Posted June 28, 2015 I now own house which I brought for 3k less tHan 2005 That's good news nnails. Really. Good luck. Good reading that you held to your position. (Although I believe cash-in-bank is safer than equity in house prices in my part of the country.) having just brought a house i do feel very lucky. i also got it 5k less than 2005 price with a new kitchen. I also know that i need to overpay it as soon as possible just in case interest rates jump up a lot. i just dont think anyone knows whats going to happen with hugh debt overhang from goverment and private debt. Main thing is I get hastle free. Yes I got very good deal on house . Brought it for 4k less than 2005. House is in good condition and has brand new boiler and has kitchen full off white goods. I also got to buy most of furniture for peanuts. I recently got my offer accepted got 20k of the asking price by being hard nosed and refusing to be bullied by the estate agent in to offering more. Quote Link to comment Share on other sites More sharing options...
Venger Posted June 28, 2015 Share Posted June 28, 2015 Hmm Nottinghamshire -28%...great boom we are having...good job i've not got a lot of my equity in what after all is dead money. very much see a house as a liability after ten years of misery and maintenance, should have stuck to renting. Only because your girlfriend owns the rest, isn't it, leaving you with liquid money. If bungalows on your road are selling at £380,000 - and 'maybe the ripple has finally arrived' in your location. Sellers can sell if they want £380,000 in cash. 10 years ago prices here were bubble mad, and now there a bit more insane. How much has their house prices moved in 10 years (of 0.5% QE housing saviour years). Quote Link to comment Share on other sites More sharing options...
winkie Posted June 28, 2015 Share Posted June 28, 2015 Many a true word said in jest. Over the last ten years London has become a true global city, it now draws in talent from all over the world and its connection with the rest of the UK is being weaker with every passing year and . All depends how you difine talent.....the only real tatent that I comprend as talent I have met outside London....all depends where you are looking. Quote Link to comment Share on other sites More sharing options...
Up the spout Posted June 28, 2015 Author Share Posted June 28, 2015 Kind of makes sense; similar houses are going for about 5% more today, than when I sold mine in '06. I've borne no maintenance/upkeep/decorating costs since then too. Quote Link to comment Share on other sites More sharing options...
byron78 Posted June 28, 2015 Share Posted June 28, 2015 (edited) Mine has been flat 10 years as well. Own outright but praying things crash for my kids sake. Edited June 28, 2015 by byron78 Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted June 29, 2015 Share Posted June 29, 2015 Weird how some London boroughs e.g. Bromley have had a lot more growth than their neighbours equally far out. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted June 29, 2015 Share Posted June 29, 2015 Kent -13%. I have not read their calculation methods. I presume the PR angle is other places are cheap compared to London. They could have used 20years and done a Halifax type research analysis +1xx% growth. Quote Link to comment Share on other sites More sharing options...
winkie Posted June 29, 2015 Share Posted June 29, 2015 Mines not moved....that's how I like it.....solid as a rock. Quote Link to comment Share on other sites More sharing options...
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