Uk house prices mumsnet. Feb 11, 2021 · The OP on Mumsnet is hysterica...
Uk house prices mumsnet. Feb 11, 2021 · The OP on Mumsnet is hysterical, and more Viz-like than Viz. 4%), decreased in Wales to £214,000 (negative 3. Dec 13, 2023 · My posts are more focussed on house prices and interest rates/mortgage rates. 4% more than the year before. House prices still seem to be rising? Does anyone else think this? Oct 24, 2024 · We're in the process of purchasing a house and are upsizing from a flat so quite excited and looking forward to it. I don't understand this. She gave them each £50k to help with deposits about 14 years ago. Twiglets1 · 15/01/2024 11:58 Article in the Guardian today: UK house prices on track to rise 3% in 2024 After a year of sustained price falls in 2023, the global property consultancy Knight Frank said it was updating its forecast for UK house prices to rise by 3% in 2024, up from an earlier estimate of a 4% drop. Unless of course you live in an area that has been gentrified and the demographics/earning potential of the locals has drastically changed. Mar 11, 2025 · So for a long time I have thought London prices were separated from reality, eg a bog standard terrace in not a great area with average schools costin Jun 5, 2025 · Check recent sold prices around the area and marketed prices for similar property on RM - especially those that have got SSTC - to see if the estimated values look appropriate. May 19, 2023 · House prices still seem to be rising? Does anyone else think this? Jul 20, 2025 · Funderthighs · 21/07/2025 10:16 We sold our house earlier thus year for £90k more than the Rightmove estimated price. Would you list at 525k 550k to allow the buyer to make an o With the exception of London, house price falls have been lower than predicted & the property market is proving to be very resilient. Oct 18, 2024 · The rebuild cost for insurance for our house is nearly half a million more than its current value - listed farmhouse sat in a conservation area. Jun 9, 2022 · At London prices her rent is presumably very high anyway. Property prices fell 1. In England, house prices in the North West were up +5. How close to that would you expect to achieve/accept as a good offer? Oct 19, 2017 · Pretty measured for Mumsnet apart from one 'house prices will rise forever' merchant. " I Sep 17, 2024 · I know there’s a thread for property prices but this is specifically about London property. House prices still seem to be rising? Does anyone else think this? May 19, 2023 · House prices still seem to be rising? Does anyone else think this? Show more OP posts: See all Quote React Add post Report Thread gallery 80 Porkepic · 17/11/2023 17:15 Sublime66 · 17/11/2023 17:04 reports of next years house falls won’t come through as real data till late 2025 at least. How could I when my first flat bought in London for 62k around 1990 is now worth about 450k? House prices are therefore falling more in real terms and also falling in most areas in nominal terms- again the official figures don't reflect this accurately. 2% from 4. We're going to be getting some work done, i. Hard to argue with this really. Mar 1, 2013 · We put our house on the market a few weeks ago and have had about one viewing per week. Twiglets1 · 05/08/2024 06:59 Shame Mumsnet doesn’t have an Ignore feature isn’t it? Crashy was the only one of the House Price Crash crew I liked 😭 4 days ago · Mumsnet makes parents' lives easier by pooling knowledge, advice and support on everything from conception to childbirth, from babies to teenagers. They would all just be bought up at bargain prices and a few years later they’d rise above the max again. The same house May 19, 2023 · A house we liked came up, needed some renovation work but mostly cosmetic, and priced low enough that purchase price plus renovation costs would still be less than asking prices of “finished” houses. May 19, 2023 · House prices still seem to be rising? Does anyone else think this? Aug 27, 2023 · House prices are meant to be falling but it appears that they are increasing in Telford but it’s hard to be sure, does anyone have any idea what is going on in this area? Mar 2, 2021 · My buyers have had a thorough building survey completed on my house and have since come back asking for a reduction in price based on what the survey Oct 30, 2015 · The price you paid and what you've done aren't the only factors, in fact their not even the biggest factors- the main one is what the market around you has done. However, what was the 475 based on? Recent sold prices, or recent sold prices plus a 20% premium just cos you thought it would get that? Average UK house prices increased by 2. 1 per cent in February, the largest decline in a decade and this is expecte Nov 7, 2021 · Are properties still going for way above asking price do we think or has the calmed down where you are? Sep 27, 2022 · Icanstillrecallourlastsummer · 27/09/2022 09:44 The fact is the demand outstrips supply, and people need somewhere to live, so they will keep buying houses - just stretching themselves more and more to do so. Plus, her cash will reduce in real value due to inflation at current savings rates. "For September 2023, the data shows that the average rental price for a new tenancy in the UK was £1,276" An increase of 10% this year alone. Apr 12, 2020 · Realistically, how much do you think house prices will fall over the next couple of years? Aug 2, 2016 · UBS has put out London house price estimates of flat in 2016 and down 7% in 2017. We have never had buildings insurance so I guess that works against us, but I was flabbergasted at the rebuild cost on a stone house. Find out sold house prices direct from HM Land Registry or Registers of Scotland, alongside photos and floor plans from our previous listings. The average UK seller is having to accept offers and is getting around 95% of the asking price, so sellers must remain realistic on pricing It occurs to me that while sellers must remain realistic on pricing, so must buyers. 15-29 poll of 18 property market experts showed. 0% next before rising 3. Nov 11, 2024 · House prices at record high, says Halifax (BBC article) The UK's largest mortgage lender said the average price hit £293,999 in October, surpassing a peak of £293,507 that was reached in June 2022. 1 bought in London, one in Stratford Upon Avon and one in Burnley. So we put an offer in (due to exchange Monday). My ex colleague has 3 DD's. House prices still seem to be rising? Does anyone else think this? May 26, 2009 · Are house prices back to 2004 levels now? I heard they were but am not sure & thought I would double check!! Thanks May 12, 2021 · The earliest prices I've found on zoopla are early 2000s [/quote] It's because the Land Registry is a govt agency, house prices are important economic indicators and valuations are made on a comparative basis. House prices still seem to be rising? Does anyone else think this? Dec 13, 2023 · Join our Property forum for renovation, DIY, and house selling advice. Unless they want a quick sale, why reduce at this point when the market is quiet? I'd be interested in any strategies you have used when reducing your price to generate UK House Prices fell by 2. Of course cheaper houses are better for everyone - except maybe lending institutions. 8 times a decent officeworkers salary. You’ll prob get a 3-bed house for around £700k somewhere though. I re Mar 11, 2025 · Which is more likely to get me the price I want 1. 7% year on year in December Northern regions see higher price growth than southern regions Northern Ireland best performing area for second year running, with prices up 7. " Sep 28, 2022 · Does it matter if you are living in a house long term? If you sell and buy another it will be reduced by 10% too (which means a more expensive home will be reduced by a greater amount). If you see others that need work then factor in lots of build cost. Aug 25, 2025 · Viewing a property tomorrow. 19 hours ago · You’ll still need a 3-bed with 2 DDs at uni as they tend to come back and there’s no way you’d be mortgage free if you bought even on the outskirts of London. Dec 13, 2023 · Talk about sitting on the fence! "Howard Davis , Bristol, , howard@howard-homes. co. Flats however will have a little way to go. 6% to an average of £524,057. So personally, I wouldn''t accept a 437k offer. Not as much coming on for sale as six months ago. We live near a new build estate where someone, who could only have lived there 6 months, is trying to sell their house for about £5k more than they're selling the exact same type brand new. Oct 30, 2020 · House was up for £320k & we had an offer accepted for £305k. As you'd expect the London property has gone up in value the most and the one in Burnley not so much increase in value. As reported in the Guardian for example, House prices fell by 1%, or £2,908, in March compared with February, according to Halifax’s house price index. General consensus is sale price will be around 525k. getting a new kitchen, bathroom, renovating the conservatory, improving the garden, changing the layout a bit to make bedrooms bigger CrashyTime · 19/01/2024 15:12 House "values" falling significantly will be one of the best things to happen to UK society in at least 30 years IMO. 0% in 2025, medians in the Nov. May 5, 2022 · With the expected announcement that interest rates will go up again today - what will that mean for house prices especially somewhere like London. Jun 4, 2010 · Upside: +UK is supply constrained especially detached family houses +low short term interest rates +The banking sector is recovering and stable employment-wise +If we have general inflation spike then tangible asset prices like property should experience rises +Fall in sterling makes UK property attractive/cheap. Type of property Track the index, average price and both monthly and annual change for all property types or focus on one in particular. Mar 16, 2026 · Discover what's happening to the property market, with the latest news on house price growth, sales figures and predictions for 2026. That's your wall knocking down/partial new kitchen or whatever money. There's also transparency which dissuades money laundering activity. It was wildly inaccurate. And rent a room to a friend or lodger. Jan 4, 2025 · Probably because most people aren't concerned by inner London property prices, and outside that high-income pity party bubble the property market is quite different. That reduced the annual rate of decline to 3. 1% in November, but data indicates this is just the start of a bigger collapse. It’s listed on Rightmove with a Guide Price of £700k. Mortgage valuation has just come back and states it's only worth £270k!!! How an earth can there be a difference of 50k from asking price? Obviously we are going back to the sellers but do you think it's worth getting another valuation with another mortgage provider or do you think it would be similar? Our thinking is the valuer May 19, 2023 · House prices still seem to be rising? Does anyone else think this? Oct 9, 2024 · If you are in no rush to move, would you list your property at a fair price or slightly inflate the price to test the market? UK property market: what will happen to house prices and mortgage rates in 2024? The average UK house price was £288,000 in October 2023, which was £3,000 lower than 12 months ago. Strong end to the year for UK house prices UK house prices up 4. They'll be looking at the house with different eyes to other buyers and it might bring previous viewers back into the fold who can suddenly Feb 4, 2024 · We've been on the market just under 3 weeks and are thinking about dropping the price £10k next week. 1% in October ending six consecutive months of falls, according to latest figures from the Halifax. Aug 13, 2024 · In the mid 80s there were 3 bedroom family houses in ok areas of outer London for £50k, around 2. Family houses are likely to find their level soon as demand for central houses is steady. Dec 13, 2023 · House prices still seem to be rising? Does anyone else think this? Dec 13, 2023 · Join our Property forum for renovation, DIY, and house selling advice. Jan 9, 2024 · Hi everyone! I am an avid follower of mumsnet and I would like your opinion about my first time negotiating a house price as first time buyer. e. 1 million on a house valued at 465k. thanks. Feb 6, 2024 · If you would not be willing/able to pay the mortgage costs for your house at your asking price, it's unlikely your buyers will be able to either. However, they were cash from sale buyers, not dependent on mortgage etc. I think you need to look at what’s sold recently nearby as well as the current state of the house in question. Mar 29, 2023 · I've been watching local house sales for the last year, I'm looking at rural villages and market towns (East Yorks/ North Lincs), mainly larger 4 bed detached which go for £300-£400k. What I would never try to deny is that property prices increase over the long term. The same house Sep 30, 2024 · UK house prices in September rose by 3. Apr 21, 2022 · The house was on the market at £350k which we thought was over priced, it dropped to £320 a week later. Aug 13, 2024 · A slow down of house price rise is needed, but a drop in prices is not good for our economy. Now we were interested, viewed and offered asking price straight away. We' Jun 5, 2025 · I don't see the point of 'guide price' - can someone EIL5? I think reducing it by 10-15k before your viewings take place will make people feel differently about it not being open plan. Any thoughts on what to offer if we like it and want it? Aug 18, 2025 · We’ve been on the market, which is completely dead around us, for almost 2 months. Sep 30, 2024 · Nannyfannybanny · 30/09/2024 09:51 I live in a popular SE UK area, I am shocked at the low prices of properties near me, they seem to have dropped by about 50k this year. If anything they are creeping up a bit. Having had to sell a flat with no outdoor space earlier t Feb 9, 2021 · If you put your house on the market in London for 600,000. She could get a small house in Brixton for that budget - avoid ground rent and service charges. XVGN · 13/02/2024 18:33 NWSeller · 13/02/2024 16:36 Did the BBC report on house prices every few months historically? I’ve only seen the Zoopla adverts for discussing house prices, which is a ‘service’ Zoopla are trying to sell. Here's yet another view of forecast house prices with regional variations. The average property now costs £288,430. Scotland saw a lower rise in house prices compared to the rest of the UK, with properties in the country now £209,959, +2. Average house prices over the 12 months to October 2023 decreased in England to £306,000 (negative 1. 3% compared to the previous year, with properties now costing an average £238,832 – the strongest growth of any English region. The same house Average home prices were expected to drop 4. Nov 10, 2023 · What’s everyone’s take on the news regarding house prices rising for the first time (October) in 6 months? data reported by Halifax and savills property agent and on several news channels. Some other properties for sale in the area have reduced their price after only being on the market for 4-6 weeks. uk - The Bristol market is correcting. Aug 20, 2021 · Our house sale was also under valued by exactly £40k at survey, we would not enter into negotiation, and would have re marketed as the prices had risen in that time and had masses of interest in our house. Rent is wasted money if you have a deposit and qualify for a mortgage, whatever house prices are doing. Do people like this really exist, or is it a send-up? Read the standing orders, read them and understand them!! Yes - people can get very emotional about things others find odd. 1% over 2024 East Anglia weakest performing region, with pr Dec 7, 2022 · Just a quick note for anyone looking to buy, in particular first time buyers who run the extreme risk of running into negative equity if buying with a low deposit UK house prices post biggest fall since October 2008 Also its important to note that "Property prices are up more than £12,000 compared to this time last year, and well above pre-pandemic levels (+£46,403 vs March 2020). Mar 7, 2023 · About to put a house on the market. Mar 1, 2023 · In the news this morning: house prices are falling. The building society said that annual growth was the highest since November 2022, with terraced homes driving the increase. Price it for about 3-5k below the estimated price on Zoopla, in hope of getting enough interest to Oct 18, 2022 · The analysis below is from back in June but the numbers give you a sense of how much asking prices and sold prices would need to deviate for there to be any revolution in terms of house prices in the future (bearing in mind house valuations and estate agents take these into account when deciding house value. 2%, to £285,000 in the 12 months to May 2024 (provisional estimate), up from 1. May 28, 2022 · Ramsbottom · 28/05/2022 08:25 No, not here in th south east, house prices aren’t expected to drop in the uk according to the Bank of England, but growth is expected to slow, which is very different to value dropping year on year and I think folks get confused with the two, May 19, 2023 · North East here. Jun 20, 2024 · First time buyer here currently looking and checking rightmove every bloody day but the market is terrible at the moment, hardly anything coming on I keep seeing comments on here saying people are holding off until after the election. That's about 4% of the initial asking price, but puts us into a new bracket on RightMove and is significantly lower than other identical houses have sold for in the past month or two so I'm happy with not reducing it further yet. May 19, 2023 · House prices still seem to be rising? Does anyone else think this? Feb 11, 2024 · Everyone knows London house prices go up more than rest of UK. Long term house prices will keep rising, even if there is a temporary dip in some areas. And I don't deny economic "reality", I just don't exaggerate how bad the house price correction is likely to be. We have already seen prices fall by 5% to 10% and this trend is likely to continue. Mar 17, 2023 · Are places like mouseprice reliable? I’ve seen a house that I love but it’s on the market for 60k more than the estimates that it’s worth. Prices still relatively high and selling well, although I have noticed a very slight increase in the amount of time they are on the market. . The price May 19, 2023 · House prices rose 1. Join our Property forum for renovation, DIY, and house selling advice. It's always slow here but I've noticed more reductions and many properties for sale since last summer. House prices certainly haven't dropped here in the SW - estate agents are busy and asking prices are pretty much achieved. 0% this year and 2. Quite a bit of fear sprinkled with faint optimism that next year will 'sort it all out'. With average monthly mortgage payments going up 40% Twiglets1 · 04/12/2023 15:27 Average house prices in the UK will fall by 1% next year as competition increases among sellers, Britain’s biggest property website has forecast. See their recent broker notes on Foxtons. May 25, 2020 · It’s more the insanity of the house prices and how depressing it is when your working and being a mum and just trying to give a good life to your dc. Mar 29, 2023 · Join our Property forum for renovation, DIY, and house selling advice. 3% (revised estimate) in the 12 months to April 2024. The estate agent called the other day to discuss dropping the price Sep 19, 2021 · You could go on a price comparison website like ComparetheMarket or just ask the mortgage company /your broker. Nov 11, 2024 · UK house prices rose much more than expected in November and at the fastest pace in two years, helped by solid wage growth and declining mortgage rates, according to figures from lender Nationwide. 5% in September although London prices fell at a slightly faster rate of 4. Just curious what you think of the price of the house and how much would you have offered for it. Surveyors base their valuation on your proprry and how it fits with similar sold prices in your area so a mooch around on Rightmove at sold house prices will give you an idea. Unfortunately, whilst they think they are industry experts, they are completely wrong about pre-forecasting land registry prices by 3 months. Does anyone know (or think) that house prices will increase/reduce after the election? Obviously I don't want them to increase - appreciate that won't be good Answers and advice for all questions related to house buying and selling, including property renovations, surveys, interior design advice and DIY tips. Mar 20, 2024 · We are going to look at a new build on Friday, what’s the general rule of thumb on prices? A friend told me they massively over inflate prices so you Oct 15, 2023 · The justification for the high amount was an astronomical rebuild cost of an estimated 1. Zoopla was the outlier so I'd ignore it. Much better to pay a mortgage, if possible. DD and her partner just bought their first house (3 bed semi in the Midlands) and they are paying £15 a month for buildings and contents cover to Nationwide, who are also their mortgage provider. 2% compared with a year ago - the fastest rate for nearly two years, according to Nationwide. I checked one property last sold in April 2021 for £442,500 and got back estimates of £508K, £561K and £505K. 0%), but increased in Scotland to £191,000 (0. Sellers were likely to have to price more competitively to secure a buyer in 2024, while mortgage rates would settle down though “remain elevated”, said Rightmove. Mar 2, 2026 · Find the latest data on house prices, mortgage approvals, and house building in the UK. Are there other adverts? May 19, 2023 · House prices rose 1. But growth will slow. Our purchasers went ahead at the originally agreed price. 2%). House prices still seem to be rising? Does anyone else think this? Jul 18, 2024 · New Malden is less desirable than Kingston, but this house is already extended and modernised, has parking, close to the station, south facing garden. The problem is that downturns in the market are usually accompanied by recession. Agree with pp that it's to do with needing to replace original features etc so specialist crafts people would be needed. hasog lpsefaa kegwij eevggmhu dxcaja xbecsa nxanben etjzq shroaka prkjh
