Jump to content
House Price Crash Forum
Sign in to follow this  
OzzMosiz

Swindon Area

Recommended Posts

Well the local newspaper has been spouting on about how house prices will rise in Swindon.

Now, I like to keep a track of any houses that I find "interesting" - not for a potential purchase, but because I like to see how fast they sell. My views is that numerous houses are being reduced in the last year or so. One near me came on over a year ago at 675, it since has been reduced 3 times and now down to 600K it has sold (probably for less).

With so much building going on (and lack of infrastructure, including hospital, doctor surgeries and schools), prices aren't going anywhere north in my opinion.

(for the record I am a homeowner)

Share this post


Link to post
Share on other sites

I was looking at the lower end of the market, the Victorian terraces were over £200k in various places outside of the old town centre (which fetches a perceived ‘quality area’ premium) a couple of years back, they have generally slid to around £170k and lower.
Quite a few 2 up/2 downs in West Swindon for under £200k too, which was starting to look a rare occurrence back then too.

Definitely a bit of a correction going on. Edit to say I think it's BTL leaving en masse.

Edited by maffo in oxford

Share this post


Link to post
Share on other sites

Maffo, the 4 (and to a lesser extent) 3 bedders are coming down. A 4 bedroom house in a decent area are coming in at around £315K now. Some can be had in a slightly lesser desirable place for £285K

Obviously this time of the year there is more competition too.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.