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Please feel free to rip me to pieces if i'm wrong, but have just been checking average house selling prices in my area and they are DOWN 15% yoy.

http://www.home.co.uk/guides/house_prices_...&lastyear=1

Makes me feel a little happier knowing that the "prices only ever go up" saying couldn't be any more wrong.

looking to move out from home and start renting within a 15 months, bring on further price drops!

Favre

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Please feel free to rip me to pieces if i'm wrong, but have just been checking average house selling prices in my area and they are DOWN 15% yoy.

http://www.home.co.uk/guides/house_prices_...&lastyear=1

Makes me feel a little happier knowing that the "prices only ever go up" saying couldn't be any more wrong.

looking to move out from home and start renting within a 15 months, bring on further price drops!

Favre

And don't forget.

15% downwards is the same as 17.5% upwards ;)

So ignore all the inevitable comments like "huh, so you're back to where you would have been if you had bought in [insert year here]".

Good luck. Keep saving. Make low offers. Make them pips squeak. Take pics of the EA's faces with your Nokia and post them on here. Now THATS property porn!

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And don't forget.

15% downwards is the same as 17.5% upwards ;)

So ignore all the inevitable comments like "huh, so you're back to where you would have been if you had bought in [insert year here]".

Good luck. Keep saving. Make low offers. Make them pips squeak. Take pics of the EA's faces with your Nokia and post them on here. Now THATS property porn!

I am not so sure ....

http://www.upmystreet.com/property/prices/...hitley+Bay.html

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Guest Yeahbutnocrash

There is no entry for the most expensive type of property in 2007 - That would push the average down I expect

For a true comparison you'd need to ensure the selling prices of exactly the same type of property is being compared between one period and the next

..................Jan 2006........Jan 2007....Change

Detached £298,161...........-................-......

Edited by Yeahbutnocrash
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Guest Yeahbutnocrash
And don't forget.

15% downwards is the same as 17.5% upwards ;)

So ignore all the inevitable comments like "huh, so you're back to where you would have been if you had bought in [insert year here]".

Good luck. Keep saving. Make low offers. Make them pips squeak. Take pics of the EA's faces with your Nokia and post them on here. Now THATS property porn!

I think it's possible the figures here are not being interpreted or understood correctly

Values may be falling a bit but you can't tell that for certain from these figures

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  • 441 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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