crazypabs Posted October 21, 2018 Share Posted October 21, 2018 https://www.inyourarea.co.uk/news/house-prices-in-reading-falling-at-fastest-rate-in-nine-years/ In the year to August, house prices in the town fell by 3.6 per cent, dropping to £301,616 on average - the lowest average house price in Berkshire. Quote Link to comment Share on other sites More sharing options...
adarmo Posted October 22, 2018 Share Posted October 22, 2018 Sort of. Says in the year to August they fell but what are they doing year on year? I fully expected a drop when, or just before, crossrail opens. Too many downfromlondon spivs jumping in the second it was announced and prices jumped by 30%. Quote Link to comment Share on other sites More sharing options...
nightowl Posted October 22, 2018 Share Posted October 22, 2018 A bit anecdotal, but I have noticed in Reading asking prices has fallen (which presumably translates in paid prices). Terraces were asking over £300k last year but now most are below this around £290k, so I guestimate a 7% yoy drop. Late 1800s terraces tend to be nearer rail links so maybe more sensitive to cross rail delays on top of overshooting in price anyway. Quote Link to comment Share on other sites More sharing options...
crazypabs Posted October 22, 2018 Author Share Posted October 22, 2018 3 hours ago, nightowl said: A bit anecdotal, but I have noticed in Reading asking prices has fallen (which presumably translates in paid prices). Not sure how it can be anecdotal if these are facts and figures from land registry? Quote Link to comment Share on other sites More sharing options...
Ah-so Posted October 22, 2018 Share Posted October 22, 2018 30 minutes ago, crazypabs said: Not sure how it can be anecdotal if these are facts and figures from land registry? It seems to be - the above data is from the ONS Quote Link to comment Share on other sites More sharing options...
spyguy Posted October 23, 2018 Share Posted October 23, 2018 In no particular order: MMR. Loss of high paying jobs. Increase in train fares. Reduction of benefits. M4 and road congestion. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.