West Yorkshire (leeds & North Yorkshire)

[Si1]

4 minutes ago, spyguy said:

Which might be a Leedski thing.

Im not sure how the whole btl benefit propped EEers will pan out post brexit. Badly id guess.

I think I agree, but I think it is geographically broad right now

 

Salford:

 

[spyguy]

8 hours ago, Si1 said:

Armley

Look at terraced and flats, orange and blue

Notice the 20k increase is reflected in price but not percentage by 20k increase in semis, implying the market may be getting pushed from the bottom up - ie by people getting in with the cheapest property they can get, BTL.

 

It could be people buying up little old dead lady houses, refurbing, then selling on.

https://houseprices.io/?q=Ls13

1st page shows houses with first sale in 20 years.

 

[Si1]

7 minutes ago, spyguy said:

It could be people buying up little old dead lady houses, refurbing, then selling on.

https://houseprices.io/?q=Ls13

1st page shows houses with first sale in 20 years.

 

Trouble is, anecdotally, I know people who simply bought 5 years ago here and are selling on at 30%+ gains, it doesn't seem to be anything more subtle than that

[spyguy]

Just now, Si1 said:

Trouble is, anecdotally, I know people who simply bought 5 years ago here and are selling on at 30%+ gains, it doesn't seem to be anything more subtle than that

Dunno.

Due to low transaction numbers, individual transactions are noisy. 

Maybe they are just lucky. Maybe average.

Anecdotally, for everyone i know whove sold, theres 3 to 5 sat in forever chains.

 

[Si1]

21 minutes ago, spyguy said:

Dunno.

Due to low transaction numbers, individual transactions are noisy. 

Maybe they are just lucky. Maybe average.

Anecdotally, for everyone i know whove sold, theres 3 to 5 sat in forever chains.

 

Well that's interesting too

 

[Si1]

I am seeing price reductions especially in less desirable BTL areas currently, looks like the froth of the last 3 years mini boom is coming off.