Mapatasy Posted October 19, 2017 Share Posted October 19, 2017 Not sure if this has been posted on here already? http://www.itv.com/news/calendar/2017-10-18/value-of-british-property-market-has-fallen-by-62-7-billion-since-july-report-finds/ https://www.theguardian.com/money/2017/apr/15/average-uk-house-price-falls-1000-since-start-of-year http://www.mirror.co.uk/money/2378-thats-how-much-average-11357859 Quote Link to comment Share on other sites More sharing options...
sPinwheel Posted October 19, 2017 Share Posted October 19, 2017 £100 a month? Small change. We need £1000 a week... Quote Link to comment Share on other sites More sharing options...
MattW Posted October 19, 2017 Share Posted October 19, 2017 It's a start! Hallehujah!! Quote Link to comment Share on other sites More sharing options...
dougless Posted October 19, 2017 Share Posted October 19, 2017 4 minutes ago, sPinwheel said: £100 a month? Small change. We need £1000 a week... A small start but at least its going in the right direction. I do like the idea of £1000 a week though. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted October 19, 2017 Share Posted October 19, 2017 1 minute ago, sPinwheel said: £100 a month? Small change. We need £1000 a week DAY in LONDON ... Quote Link to comment Share on other sites More sharing options...
crazypabs Posted October 19, 2017 Share Posted October 19, 2017 Sounds like Zoopla might be trying to gee the market up a bit, sales must be slow for them. If they really want to give the mule a kick I might suggest they adjust their property valuation tool to make the property worth lower rather than higher. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 19, 2017 Share Posted October 19, 2017 Im seeing drops of £10k (off £300k places) after a week on the market ... so £1000 a year sounds incredibly low. Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted October 19, 2017 Share Posted October 19, 2017 25 minutes ago, crazypabs said: Sounds like Zoopla might be trying to gee the market up a bit, sales must be slow for them. If they really want to give the mule a kick I might suggest they adjust their property valuation tool to make the property worth lower rather than higher. Tbf they just extrapolate the sales data onto surrounding properties....probably the closest you will get to an accurate valuation. I found it was 100% accurate on my previous property. It's not them that are kite flying it's the vendors. They just report the facts when the eventual discount to asking price goes through. Quote Link to comment Share on other sites More sharing options...
rantnrave Posted October 19, 2017 Share Posted October 19, 2017 Zoopla figures - are these asking or sold prices? Quote Link to comment Share on other sites More sharing options...
lombardo Posted October 19, 2017 Share Posted October 19, 2017 Why do people on this site keep forgetting that London is falling much faster? Why all the gloom and doom when the rest of the country is going to catch up? London falling £155 a day. https://www.pressreader.com/uk/london-evening-standard-west-end-final-a/20171017/281500751483828 Quote Link to comment Share on other sites More sharing options...
Mr Banks Posted October 19, 2017 Share Posted October 19, 2017 Hopefully this is the start of something. I have certainly seen less acceleration in prices here in cambs not sure falls yet. Quote Link to comment Share on other sites More sharing options...
Wayward Posted October 20, 2017 Share Posted October 20, 2017 22 hours ago, sPinwheel said: £100 a month? Small change. We need £1000 a week... exactly - £100 a month is no use. Prices near me (Hampshire) for typical 4 beds increased by around £100 per day typically from around 2013 until recently... Quote Link to comment Share on other sites More sharing options...
Sawitcoming Posted October 20, 2017 Share Posted October 20, 2017 22 hours ago, Grab_Some_Popcorn said: Im seeing drops of £10k (off £300k places) after a week on the market ... so £1000 a year sounds incredibly low. Yeah doesn't sound plausible does it. I am sure they can find some way of reframing it to give a polite version of the truth. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 20, 2017 Share Posted October 20, 2017 In my neck of the woods prices for semis are down 5k in 90 days ... Quote Link to comment Share on other sites More sharing options...
Fromage Frais Posted October 20, 2017 Share Posted October 20, 2017 3 minutes ago, Grab_Some_Popcorn said: In my neck of the woods prices for semis are down 5k in 90 days ... Similar.....although you would never know it from asking prices. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 20, 2017 Share Posted October 20, 2017 I think the penny is dropping. Looks to be the same in southampton (I'm in worthing), and Brighton (especially flats). Quote Link to comment Share on other sites More sharing options...
Senny Pijama Posted October 20, 2017 Share Posted October 20, 2017 Here's Bath: Quote Link to comment Share on other sites More sharing options...
rantnrave Posted October 20, 2017 Share Posted October 20, 2017 Don't Zoopla adjust their base figures from time to time when more local data becomes available? IIRC his has sent the HPC collective into brief states of euphoria before... In my experience, Zoopla valuations are some of the most optimistic out there and losing a bit of froth counts for very little. Quote Link to comment Share on other sites More sharing options...
Mapatasy Posted October 20, 2017 Author Share Posted October 20, 2017 1 hour ago, Grab_Some_Popcorn said: In my neck of the woods prices for semis are down 5k in 90 days ... I raise you. Quote Link to comment Share on other sites More sharing options...
Guest Posted October 20, 2017 Share Posted October 20, 2017 1 hour ago, rantnrave said: Don't Zoopla adjust their base figures from time to time when more local data becomes available? IIRC his has sent the HPC collective into brief states of euphoria before... In my experience, Zoopla valuations are some of the most optimistic out there and losing a bit of froth counts for very little. Hush those sweet lips of yours. Let's have some Friday positivity.... You can bring us down to earth with a bump on Monday ? Quote Link to comment Share on other sites More sharing options...
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