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I have been monitoring prices in this area for about a year, they have been dropping for the last few months, but the EA are very reluctant to reduce prices more than 10/15K. But in the last month, prices have been dropping by £50K, but this is for properties I have been monitoring, so I would say about 2/3% at the start and not drops of 5%.

But its still crazy out there in regards to prices, and have seen about 3/5 under offer or sales in the last 6/8 weeks, most if not all sale agreed have fallen through usually after 6/8 weeks so I assume its due to lack of mortgage?

Anyone else been monitoring these areas? Talking to the local EA, the latest story is that its all going to turn arount in about 18 months and the local developers that have disappeared are all crazy missing out of great development opportunities :lol:

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  • 399 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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