dave14 Posted August 26, 2006 Share Posted August 26, 2006 in my local area i think its crashed, new flats last year £180000-200000 now on offer 120000, terrace about 10/15% down Quote Link to comment Share on other sites More sharing options...
needle Posted August 26, 2006 Share Posted August 26, 2006 in my local area i think its crashed, new flats last year £180000-200000 now on offer 120000, terrace about 10/15% down What areas Dave? Do you have any links to show some examples? Quote Link to comment Share on other sites More sharing options...
Si1 Posted August 26, 2006 Share Posted August 26, 2006 What areas Dave? Do you have any links to show some examples? If I'm right , the desirable end of Manchester is South Manchester (Didsbury , nice parts of levenshulme (?) ) basically where Cold Feet got filmed. North Manchester was where people turned when South Manchester started getting too expensive, also helped by the tram link up thru the north side, despite all the estates etc. Basically people will wait for South Manchester prices to come within reach (either thru savings/pay rises or real falls) if that looks possible, which it may well do so now. funny , parts of North Manchester took a bath in the early 90s could a similar thing be happening again, less desirable areas crash the hardest and most spectacularly? currently, as far as I'm aware in Leeds (where the N is desirable and the S side less so, opposite way round here) I'm not aware of the equivalent happening, as yet. Quote Link to comment Share on other sites More sharing options...
dave14 Posted August 26, 2006 Author Share Posted August 26, 2006 If I'm right , the desirable end of Manchester is South Manchester (Didsbury , nice parts of levenshulme (?) ) basically where Cold Feet got filmed. North Manchester was where people turned when South Manchester started getting too expensive, also helped by the tram link up thru the north side, despite all the estates etc. Basically people will wait for South Manchester prices to come within reach (either thru savings/pay rises or real falls) if that looks possible, which it may well do so now. funny , parts of North Manchester took a bath in the early 90s could a similar thing be happening again, less desirable areas crash the hardest and most spectacularly? currently, as far as I'm aware in Leeds (where the N is desirable and the S side less so, opposite way round here) I'm not aware of the equivalent happening, as yet. Quote Link to comment Share on other sites More sharing options...
dave14 Posted August 26, 2006 Author Share Posted August 26, 2006 i think i pressed wrong button, the area is Whitefield 8 miles north cit centre, good location. some parts have million pound houses. flats that i mentioned had banner up last year from 189000, called the atrium. look in rightmove M45. terraces 5 years ago about 45k, now 120-130, but have noticed last 12 months harder to sell, local to me was 137 now reduced 117k. still not sold. next door to me 12 months to sell. btls have gone ithink and flats were more expensive than semis not anymore. Quote Link to comment Share on other sites More sharing options...
dave14 Posted September 28, 2006 Author Share Posted September 28, 2006 i think i pressed wrong button, the area is Whitefield 8 miles north cit centre, good location. some parts have million pound houses. flats that i mentioned had banner up last year from 189000, called the atrium. look in rightmove M45. terraces 5 years ago about 45k, now 120-130, but have noticed last 12 months harder to sell, local to me was 137 now reduced 117k. still not sold. next door to me 12 months to sell. btls have gone ithink and flats were more expensive than semis not anymore. one of the flats is now in an auction Quote Link to comment Share on other sites More sharing options...
bob monkhouse Posted October 24, 2006 Share Posted October 24, 2006 theres a lot of cpo work going on in north and easy manc. horrible shitholes, still reaching 50k ish Quote Link to comment Share on other sites More sharing options...
propertyprof Posted October 27, 2006 Share Posted October 27, 2006 i think i pressed wrong button, the area is Whitefield 8 miles north cit centre, good location. some parts have million pound houses. flats that i mentioned had banner up last year from 189000, called the atrium. look in rightmove M45. terraces 5 years ago about 45k, now 120-130, but have noticed last 12 months harder to sell, local to me was 137 now reduced 117k. still not sold. next door to me 12 months to sell. btls have gone ithink and flats were more expensive than semis not anymore. not sure that consitutes a crash! the drop in price of £20k for one house in North Manchester is hardly scientific is it - it couldnt be down to any number of reasons. As for your assertion that you "have noticed last 12 months harder to sell" - give this guy a prize!!!! Quote Link to comment Share on other sites More sharing options...
bob monkhouse Posted November 1, 2006 Share Posted November 1, 2006 not sure that consitutes a crash! the drop in price of £20k for one house in North Manchester is hardly scientific is it - it couldnt be down to any number of reasons. As for your assertion that you "have noticed last 12 months harder to sell" - give this guy a prize!!!! He prob dropped the price as it was inflated anyway, the agent they went with most likely was the one that gave them the highest valuation. North manchester market is hugely varies, look at moston...some very nice houses fetching high prices, 250 metres away boarded up squats. Quote Link to comment Share on other sites More sharing options...
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