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Neo

Member

Registered: 20th Feb 07
Location: Essex
User status: Offline

13th Sep 10 at 15:54

See I see £255k as an average quite cheap coming from Windsor initially and now living in an area where a 2 bed flat costs that much !

mwg

Member

Registered: 19th Feb 04
Location: South Lakes
User status: Offline

13th Sep 10 at 15:59

Its not 60k like you are all creaming over though is it

That's my point.

Neo

Member

Registered: 20th Feb 07
Location: Essex
User status: Offline

13th Sep 10 at 16:00

quote:
Originally posted by mwg
Do you not have any rough arse area's down south?

Course but house prices don't fluctuate as much as they seem to up north. Going back to the main point of this thread the OP bought a fair sized 3 bed semi for 60k.

In the shittest of area's near me, 60k would buy a caravan in an area that you would get mugged, 85k would get you a 1 bed terraced house with no garden or parking, 150k for a 2 bed semi, small garden and no parking etc.

Where I grew up however, £450k for a 3/4 bedroom semi was about average so seeing a 3 bed for 60k is shocking where ever it is.

John

Member

Registered: 30th Jun 03
User status: Offline

13th Sep 10 at 17:15

Every single thread on this subject has ended up with people having that view of houses because they won't move outwith 2 streets away from their parents.

I could stay in a slum in Glasgow for 50k or I could go to an area where you aren't far off £255k for a flat, it's ignorance.

pow

Premium Member

Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline

13th Sep 10 at 19:57

I'd be very happy to move away from my parents but unless you want to live in multicultural Slough (which I am point blank not) it's 180k+ for a 2 bed flat

John

Member

Registered: 30th Jun 03
User status: Offline

13th Sep 10 at 20:00

That's fair enough, wanting to live in a decent area isn't a problem, being totally oblivious to the fact that there are cheap houses everywhere is different.

It's easily 180k for a a 2 bed flat in nice area's of Glasgow, which as I've said before has ranked below Iraq in some surveys.

pow

Premium Member

Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline

13th Sep 10 at 20:47

I do understand its not black and white though:

South = Expensive, North = Cheap.

deano87

Member

Registered: 21st Oct 06
Location: Bedfordshire Drives: Ford Fiesta
User status: Offline

13th Sep 10 at 21:38

North if it's England is cheap. Scotland is another country, it doesn't count

But seriously - cheapest 'house' property (not flat) in my home town where there are posh, mediocre and rough estates is £100k.

mwg

Member

Registered: 19th Feb 04
Location: South Lakes
User status: Offline

13th Sep 10 at 21:49

FFS

Nath

Member

Registered: 3rd Apr 02
Location: MK
User status: Offline

13th Sep 10 at 22:14

Might sell me car and buy a few houses up North. Could be a laugh.

Cosmo

Member

Registered: 29th Mar 01
Location: Im the real one!
User status: Offline

13th Sep 10 at 23:56

Can buy a country estate up here for cheaper than a packet of scampy fries down south tbh.

neoquip

Member

Registered: 12th Aug 02
Location: Nottm
User status: Offline

14th Sep 10 at 08:50

in Nottm you can get a new studio flat.. never been lived in as it never sold... 5years ago they were £120k NOW £54K..... in london I think it might be more £100k or a bit more lol

http://www.rightmove.co.uk/property-for-sale/property-28319924.html

Colin

Member

Registered: 4th Apr 02
User status: Offline

14th Sep 10 at 09:34

^^ Now that is cheap!!! Nothing like that up here for 55k!!

pow

Premium Member

Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline

14th Sep 10 at 10:05

quote:
Originally posted by neoquip
in Nottm you can get a new studio flat.. never been lived in as it never sold... 5years ago they were £120k NOW £54K..... in london I think it might be more £100k or a bit more lol

http://www.rightmove.co.uk/property-for-sale/property-28319924.html

That would be over 150k in london

neoquip

Member

Registered: 12th Aug 02
Location: Nottm
User status: Offline

14th Sep 10 at 20:26

quote:
Originally posted by Colin
^^ Now that is cheap!!! Nothing like that up here for 55k!!

you'd get about £400pcm for it rentingit out too

very good return

Fro

Member

Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
User status: Offline

15th Sep 10 at 11:43

quote:
Originally posted by pow

quote:
Originally posted by neoquip
in Nottm you can get a new studio flat.. never been lived in as it never sold... 5years ago they were £120k NOW £54K..... in london I think it might be more £100k or a bit more lol

http://www.rightmove.co.uk/property-for-sale/property-28319924.html

That would be over 150k in london

Course it would be you cannot compare Nottingham to a Capital city

Outside the M25 and it would be vastly cheaper.

sigibbons

Member

Registered: 10th Feb 04
User status: Offline

19th Sep 10 at 20:08

quote:
Originally posted by neoquip

quote:
Originally posted by Colin
^^ Now that is cheap!!! Nothing like that up here for 55k!!

you'd get about £400pcm for it rentingit out too very good return

The question is, as it's never been bought, who would actually rent it. Can't exactly be a demand for rental properties if those kinds of places haven't ever been bought.

neoquip

Member

Registered: 12th Aug 02
Location: Nottm
User status: Offline

20th Sep 10 at 06:09

quote:
Originally posted by sigibbons

quote:
Originally posted by neoquip

quote:
Originally posted by Colin
^^ Now that is cheap!!! Nothing like that up here for 55k!!

you'd get about £400pcm for it rentingit out too very good return

The question is, as it's never been bought, who would actually rent it. Can't exactly be a demand for rental properties if those kinds of places haven't ever been bought.

oh there is, £400 is cheap for students to have their own place, also council pay £91 pw housing benifit too for a single person in nottm, so there are always ppl wating to live in the city.

sigibbons

Member

Registered: 10th Feb 04
User status: Offline

20th Sep 10 at 18:23

So your saying that place would rent for £400 PCM?

I may arrange a viewing. Is that a nice part of the city? Is it right in the city centre?

sigibbons

Member

Registered: 10th Feb 04
User status: Offline

20th Sep 10 at 18:30

Looks like it was up for rent, makes you wonder why it wasn't let? http://www.rightmove.co.uk/property-to-rent/property-15778542.html

SAL

Premium Member

Registered: 19th Dec 05
Location: Radlett, Hertfordshire
User status: Offline

20th Sep 10 at 21:24

quote:
Originally posted by neoquip
in Nottm you can get a new studio flat.. never been lived in as it never sold... 5years ago they were £120k NOW £54K..... in london I think it might be more £100k or a bit more lol

http://www.rightmove.co.uk/property-for-sale/property-28319924.html

Thats like 3 for the price of 1, shit me

neoquip

Member

Registered: 12th Aug 02
Location: Nottm
User status: Offline

21st Sep 10 at 05:49

quote:
Originally posted by sigibbons
Looks like it was up for rent, makes you wonder why it wasn't let? http://www.rightmove.co.uk/property-to-rent/property-15778542.html

there's over 350 flats in that bulding.

taylorboosh

Member

Registered: 3rd Apr 07
User status: Offline

21st Sep 10 at 07:46

for 255 up here you'd get a large private 4/5 bedroom detached house tbh

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