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Meanwhile... Down Here In Stockbroker Belt

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Guest mattsta1964

Browsing through the local rag for Redhill & Reigate yesterday, it seems the market for large detached houses is still strong but the smaller properties seem to be on offer for less than they were 6 months ago. The lady downstairs was offered £182,000 for her 2 bed ground floor maisonette a few months ago. A similiar property now seems to be on offer for £170-175,000ish. 2 refurbished flats right opposite me have been empty since they were finished a couple months ago. They would have been snapped up almost immediately 2 years ago.

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Browsing through the local rag for Redhill & Reigate yesterday, it seems the market for large detached houses is still strong but the smaller properties seem to be on offer for less than they were 6 months ago. The lady downstairs was offered £182,000 for her 2 bed ground floor maisonette a few months ago. A similiar property now seems to be on offer for £170-175,000ish. 2 refurbished flats right opposite me have been empty since they were finished a couple months ago. They would have been snapped up almost immediately 2 years ago.

http://news.bbc.co.uk/1/shared/spl/hi/in_d...html/43uf.stm?d

Reigate And Banstead-large detached averages

£469,527 -1.1% -4.3%

Land Registry of England and Wales. The information above is based on figures provided by the Land Registry of England and Wales.

Figures for England and Wales are for the period January to March 2006.

According to the ODPM, Surey is starting to see price fall everywhere--some areas worse than others. Reigate not too bad at only 4.3% down YoY.

Edited by Realistbear

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Guest mattsta1964

http://news.bbc.co.uk/1/shared/spl/hi/in_d...html/43uf.stm?d

Reigate And Banstead-large detached averages

£469,527 -1.1% -4.3%

Land Registry of England and Wales. The information above is based on figures provided by the Land Registry of England and Wales.

Figures for England and Wales are for the period January to March 2006.

According to the ODPM, Surey is starting to see price fall everywhere--some areas worse than others. Reigate not too bad at only 4.3% down YoY.

There we are then. If the trend continues for couple more months, we'll know it's started. About bloody time

I agonising over whether to STR for a couple years. I know I need to act quickly.

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There we are then. If the trend continues for couple more months, we'll know it's started. About bloody time

I agonising over whether to STR for a couple years. I know I need to act quickly.

If you are planning to STR, does it worry you that you may be too late? Or do you think you can get to market pretty sharpish and get a buyer?

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  • 301 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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