What are house prices doing (apart from London)
#16
Re: What are house prices doing (apart from London)
Originally Posted by r.bartlett
Did you come to Aus in the end??
What is your take on house prices in the area. I have found that there is a vast difference in the villages around Newbury compared to around Andover! We where going to settle around the Ball hill area/ Woolton Hill way but it makes more sense to head towards Thruxton with the price difference.
#17
Re: What are house prices doing (apart from London)
Originally Posted by woodyinoz
no Atkinson and Keene.
Did you come to Aus in the end??
What is your take on house prices in the area. I have found that there is a vast difference in the villages around Newbury compared to around Andover! We where going to settle around the Ball hill area/ Woolton Hill way but it makes more sense to head towards Thruxton with the price difference.
Did you come to Aus in the end??
What is your take on house prices in the area. I have found that there is a vast difference in the villages around Newbury compared to around Andover! We where going to settle around the Ball hill area/ Woolton Hill way but it makes more sense to head towards Thruxton with the price difference.
No we stayed. various reasons which would take a wee while to get through but all in all pretty glad we stayed..(although ironically one of the reasons I stayed is my first daughter was here -and she now lives in Brizzy!!)
We're on the top of Andover rd in Wash Common so you would have been close for sure.;-)
A good friend of mine is a builder/developer and he say's prices are still firm. If you're greedy then it will stick but leave some in for the next man and it'll sell no probs. On the other side of town there is a new complex of 100+ houses and most have sold off plan so it's healthier than you'd think/expect.
The reason why Andover is lower is that no one particulary wants to live there (I know I have a lot of relatives there and I'll be there in the morning visiting!!)
It's the old catch 'good house/bad area 'v' bad house/good area' ie stump up the cash as Newbury is much nicer ;-)
Cheers
Richard
#18
Re: What are house prices doing (apart from London)
Originally Posted by r.bartlett
No we stayed. various reasons which would take a wee while to get through but all in all pretty glad we stayed..(although ironically one of the reasons I stayed is my first daughter was here -and she now lives in Brizzy!!)
We're on the top of Andover rd in Wash Common so you would have been close for sure.;-)
A good friend of mine is a builder/developer and he say's prices are still firm. If you're greedy then it will stick but leave some in for the next man and it'll sell no probs. On the other side of town there is a new complex of 100+ houses and most have sold off plan so it's healthier than you'd think/expect.
The reason why Andover is lower is that no one particulary wants to live there (I know I have a lot of relatives there and I'll be there in the morning visiting!!)
It's the old catch 'good house/bad area 'v' bad house/good area' ie stump up the cash as Newbury is much nicer ;-)
Cheers
Richard
We're on the top of Andover rd in Wash Common so you would have been close for sure.;-)
A good friend of mine is a builder/developer and he say's prices are still firm. If you're greedy then it will stick but leave some in for the next man and it'll sell no probs. On the other side of town there is a new complex of 100+ houses and most have sold off plan so it's healthier than you'd think/expect.
The reason why Andover is lower is that no one particulary wants to live there (I know I have a lot of relatives there and I'll be there in the morning visiting!!)
It's the old catch 'good house/bad area 'v' bad house/good area' ie stump up the cash as Newbury is much nicer ;-)
Cheers
Richard
We used to live in Saxonfields before heading out here. I hated estate living and that scares me about many of the UK places that are being built. One of the reasons that I avoided living in the burbs around Melbourne, unfortunately there is very little choice if you require a job in IT.
#19
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Joined: Dec 2005
Location: uk-perth northern suburbs-uk
Posts: 740
Re: What are house prices doing (apart from London)
i live just outside Cambridge and we bought a 3 bed, 3 storey for 230,000. A few doors up (3months later) the same house is on for 225,000. OH not happy as not sure about buying here in first place. i just tell him its probably a really bad condition inside
our neighbours some director of something in the building industry and he says its an unpredictable time. not much help....
c
our neighbours some director of something in the building industry and he says its an unpredictable time. not much help....
c
#20
Forum Regular
Thread Starter
Joined: Apr 2006
Posts: 109
Re: What are house prices doing (apart from London)
How long ago was this ?Are you still in Perth now or back in the UK ? The Cambridge prices are pretty scary - just so many people wanting to live aroound there with the improved rail service to London & good schools etc.
#21
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Joined: Dec 2005
Location: uk-perth northern suburbs-uk
Posts: 740
Re: What are house prices doing (apart from London)
Originally Posted by miss piggy
How long ago was this ?Are you still in Perth now or back in the UK ? The Cambridge prices are pretty scary - just so many people wanting to live aroound there with the improved rail service to London & good schools etc.
how about you are you in cambs?
c
#22
Forum Regular
Thread Starter
Joined: Apr 2006
Posts: 109
Re: What are house prices doing (apart from London)
Used to live in Saffron Walden & the in laws are in Cambridge - now we're in Sydney
#23
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: What are house prices doing (apart from London)
Originally Posted by woodyinoz
We used to live in Saxonfields before heading out here. I hated estate living and that scares me about many of the UK places that are being built. One of the reasons that I avoided living in the burbs around Melbourne, unfortunately there is very little choice if you require a job in IT.
#24
Re: What are house prices doing (apart from London)
Have a read of this:
http://www.housepricecrash.co.uk/
Some scare mongers on here, but you can see they market is way over extended (much more so than the early 90's) in terms of affordability house price to income.
Basically, as has been said, its much like index funds - buy and hold long term, and you will make money for sure, but if you buy at the peak, you may be down for years. Its towering high at the minute, the interest rate just went up, a few more of those and there will be your problem.
http://www.housepricecrash.co.uk/
Some scare mongers on here, but you can see they market is way over extended (much more so than the early 90's) in terms of affordability house price to income.
Basically, as has been said, its much like index funds - buy and hold long term, and you will make money for sure, but if you buy at the peak, you may be down for years. Its towering high at the minute, the interest rate just went up, a few more of those and there will be your problem.
#25
Re: What are house prices doing (apart from London)
Originally Posted by Dan725
Have a read of this:
http://www.housepricecrash.co.uk/
Some scare mongers on here, but you can see they market is way over extended (much more so than the early 90's) in terms of affordability house price to income.
Basically, as has been said, its much like index funds - buy and hold long term, and you will make money for sure, but if you buy at the peak, you may be down for years. Its towering high at the minute, the interest rate just went up, a few more of those and there will be your problem.
http://www.housepricecrash.co.uk/
Some scare mongers on here, but you can see they market is way over extended (much more so than the early 90's) in terms of affordability house price to income.
Basically, as has been said, its much like index funds - buy and hold long term, and you will make money for sure, but if you buy at the peak, you may be down for years. Its towering high at the minute, the interest rate just went up, a few more of those and there will be your problem.
so as the message hasn't changed since then - apart from the date ie 'the great crash' of 2001/2002/2003/2004/2005/2006 now its definately 2007...-at some point in history it will quite possibly be correct
Cheers
Richard
#26
Lost in BE Cyberspace
Joined: Oct 2005
Location: Hill overlooking the SE Melbourne suburbs
Posts: 16,622
Re: What are house prices doing (apart from London)
Originally Posted by r.bartlett
I have been a fully paid up member of HPC since 2001 and it cost me @150k!! (I sold up in 2002)
so as the message hasn't changed since then - apart from the date ie 'the great crash' of 2001/2002/2003/2004/2005/2006 now its definately 2007...-at some point in history it will quite possibly be correct
Cheers
Richard
so as the message hasn't changed since then - apart from the date ie 'the great crash' of 2001/2002/2003/2004/2005/2006 now its definately 2007...-at some point in history it will quite possibly be correct
Cheers
Richard
If I had bought in the UK in say 1997-8, my life might have been completely different, but I'm glad I didn't.
#27
Re: What are house prices doing (apart from London)
Originally Posted by BadgeIsBack
good to hear a real life story about HPC. I bought in 2000 at what I thought was an obscene price. I was dead worried, too and even as I was signing the mortgage was telling the agent I was bound to get burnt (in terms of -equity). As it happened the mortgage was very affordable. I sold in 2003 at 50pc profit.
If I had bought in the UK in say 1997-8, my life might have been completely different, but I'm glad I didn't.
If I had bought in the UK in say 1997-8, my life might have been completely different, but I'm glad I didn't.
Well when I say 'cost' it's all reletive. I bought in '99 at 112k. sold in 2002 at 220k and it went last year for 365k. So heyho
Cheers
Richard
#28
Re: What are house prices doing (apart from London)
Originally Posted by r.bartlett
Well when I say 'cost' it's all reletive. I bought in '99 at 112k. sold in 2002 at 220k and it went last year for 365k. So heyho
Cheers
Richard
Cheers
Richard
#29
Re: What are house prices doing (apart from London)
Originally Posted by eurotramp
Never mind the 108k you made in 3 years
I simply had absolutely no idea I had 'made' 100k -somehow I thought Natwest made a mistake when my account went back in the black!!. Still I can now stop worrying about them taking it back again.
Many thanks for your insight
Cheers
Richard
#30
Re: What are house prices doing (apart from London)
Originally Posted by r.bartlett
No flies on you are there sunshine..??
I simply had absolutely no idea I had 'made' 100k -somehow I thought Natwest made a mistake when my account went back in the black!!. Still I can now stop worrying about them taking it back again.
Many thanks for your insight
Cheers
Richard
I simply had absolutely no idea I had 'made' 100k -somehow I thought Natwest made a mistake when my account went back in the black!!. Still I can now stop worrying about them taking it back again.
Many thanks for your insight
Cheers
Richard
I'm just reacting on you statement..
I have been a fully paid up member of HPC since 2001 and it cost me @150k!!