Anyone know a good website to show how prices of houses are falling in your area ? - HotUKDeals
We use cookie files to improve site functionality and personalisation. By continuing to use HotUKDeals, you accept our cookie and privacy policy.
Get the HotUKDeals app free at Google Play

Search Error

An error occurred when searching, please try again!

Login / Sign UpSubmit

Anyone know a good website to show how prices of houses are falling in your area ?

£0.00 @
Similar to property snake but better if possible. Thanks
Cyrus Avatar
8y, 3m agoPosted 8 years, 3 months ago
Similar to property snake but better if possible.

Thanks
Cyrus Avatar
8y, 3m agoPosted 8 years, 3 months ago
Options

All Comments

(9) Jump to unreadPost a comment
Comments/page:
#1
banned#2
#3
csiman;3787441


Goodness! According to the Natiowide my home has devalued by £70,000 in the last year. Houses nearby are selling much higher than the quote given thankfully.
banned#4
Predikuesi;3787515
Goodness! According to the Natiowide my home has devalued by £70,000 in the last year. Houses nearby are selling much higher than the quote given thankfully.

Blimey! Must have started high in the first place. I'll try mine................
banned#5
[FONT=Verdana, Arial, Helvetica, sans-serif][SIZE=2][COLOR=black]Results:-
A property located in [COLOR=red]Outer South East [/COLOR][COLOR=black] which was valued at [COLOR=red]£400000[/COLOR][COLOR=black] in [COLOR=red]Q3[/COLOR][COLOR=black] of [COLOR=red]2007[/COLOR][COLOR=black], would be worth approximately [COLOR=red]£356397[/COLOR][COLOR=black] in [COLOR=red]Q3[/COLOR][COLOR=black] of [COLOR=red]2008[/COLOR][COLOR=black]. [/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/SIZE][/FONT][FONT=Verdana, Arial, Helvetica, sans-serif][SIZE=2][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black]This is equivalent to a change of [COLOR=red]-10.9%.[/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/SIZE][/FONT]
Oh well, its only a paper loss and no intention of moving from our home. Glad I only paid £240,000 6 years ago :)



[FONT=Verdana, Arial, Helvetica, sans-serif][SIZE=2][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black][COLOR=black][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/COLOR][/SIZE][/FONT]
#6
Predikuesi
Goodness! According to the Natiowide my home has devalued by £70,000 in the last year. Houses nearby are selling much higher than the quote given thankfully.


depends how much it is worth to begin with... 70000 off 10000 is alot indeed!

the logic is simple: prices went up because banks were lending 5x, 5.5x the annual salary, and up to 110% of the property price!
now with the lack of liquidity in the market, you'd be lucky if bank gave you 2-2.5x your annual salary, and even that with a 30% deposit, so dpeending on the region, and the average work starting salary, you can make up how much money a first time buyer can put to buy a property, and work the ladder up that way.
banned#7
hashman;3787691
depends how much it is worth to begin with... 70000 off 10000 is alot indeed!

the logic is simple: prices went up because banks were lending 5x, 5.5x the annual salary, and up to 110% of the property price!
now with the lack of liquidity in the market, you'd be lucky if bank gave you 2-2.5x your annual salary, and even that with a 30% deposit, so dpeending on the region, and the average work starting salary, you can make up how much money a first time buyer can put to buy a property, and work the ladder up that way.

70000 off 10000 is a VERY lot indeed ;-)

I wouldnt sell if that happened :-D
#8
Thanks folks - useful sites but not quite what I am looking for.
Need something that shows how house prices are dropping in my area ... comparison of before and after really
banned#9
Cyrus;3787871
Thanks folks - useful sites but not quite what I am looking for.
Need something that shows how house prices are dropping in my area ... comparison of before and after really

:?

isn't that exactly what we have posted?

http://www.nationwide.co.uk/hpi/calculator.asp

you won't get it exact unless a house sold a year ago and then sold a week ago in your area (impossible!). Too many other aspects to consider too (renovations, scum family moved in ;) etc)

Post a Comment

You don't need an account to leave a comment. Just enter your email address. We'll keep it private.

...OR log in with your social account

...OR comment using your social account

Looking for Twitter login?
Thanks for your comment! Keep it up!
We just need to have a quick look and it will be live soon.
The community is happy to hear your opinion! Keep contributing!