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Dames

Another Asking Price Drop

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And another one bites the dust on my watchlist , a near 12% drop in asking price , been on the market for as long as I started the list I think , which is over a year.

Dames :P

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Where?

On my watchlist of a mile radius of my house , £245k to £219k in one hit.

Luvvly jubbly.

Glos' by the way

Dames :ph34r:

Edited by Dames

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Be a sport, give us a link!

It would be easier if you give us your address, we can then compare to other properties within 1mile of your home. That would be fair to all concerned. :P

Edited by Jason

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It would be easier if you give us your address, we can then compare to other properties within 1mile of your home. That would be fair to all concerned. :P

Or just tell us where you live, then we can start planning the next HPC drinks evening. :D

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Or just tell us where you live, then we can start planning the next HPC drinks evening. :D

Loads of fields near me. Infact, Homelands was just down the road!

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The odd one or two reductions would seem perfectly reasonable to me in any market conditions given that in excess of 100,000 or so properties change hands every month. Sorry to sound bullish - I'm just not convinced that prices [in general] are dropping [yet] - certainly not in the South East anyway. I just hav'nt seen the evidence myself and I have been watching closely. :huh:

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Or just tell us where you live, then we can start planning the next HPC drinks evening. :D

In a street in Gloucestershire :P

The odd one or two reductions would seem perfectly reasonable to me in any market conditions

I'd agree with you except for the fact that of the 11 within 1/2 mile radius , only one hasn't reduced it's price.

Dames :D

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In a street in Gloucestershire :P

I'd agree with you except for the fact that of the 11 within 1/2 mile radius , only one hasn't reduced it's price.

Dames :D

It's the end of August, so where ever these properties are, we're talking about the dross that didn't manage to sell before the summer holidays kicked in. I think what happens this autumn will be more interesting, although the mortgage approvals figures suggest a reasonably healthy market. With the most likely scenario of another 0.25% by year end, and even the possibility of another 0.25% early next year, I think it's next spring's market which will be the key. Bit early to call now though.

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It's the end of August, so where ever these properties are, we're talking about the dross that didn't manage to sell before the summer holidays kicked in. I think what happens this autumn will be more interesting, although the mortgage approvals figures suggest a reasonably healthy market. With the most likely scenario of another 0.25% by year end, and even the possibility of another 0.25% early next year, I think it's next spring's market which will be the key. Bit early to call now though.

Ah yes, we still have a lot of dross been hanging around for about 9 months. Over priced dross at that. Not much new on the market either but a couple more rate hikes should put turkey on the EAs plate this Christmas :P

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Still no crash just north of Luton

-------------------------------------

A couple of properties in my Beds village have sold in the last few days

They were on for a few weeks but the fact they have sold indicates no imminent crash:

1st floor studio was on at £99.5k!

1-bed thatched cottage was on at £126k then a couple of reductions down to £109k

Also there's a 2-bed terraced cottage on at £195k!

(A similar cottage was on about a year ago at £155k)

Also a small 'town house' sized 2-bed terrace was on at £179k a few months ago and it sold immediately!

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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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