corsa120
Member
Registered: 4th May 02
Location: Northamptonshire
User status: Offline
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i paid 108k for my house in sept 06 just down the road one has sold in what i believe to be in worse condition and appearence for 139k which is good for me im just doin mine up fitting new kitchen etc and im off to better house or possibly rent mine out
[Edited on 14-06-2007 by corsa120]
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Colin
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Registered: 4th Apr 02
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Interesting post to read and dig up...............whats everyones houses valued at now then?
I just sold mine for around almost 20k more than I paid for it, percentage wise thats just under 40% profit 
I would have liked another 10k pre recession but im not bothered because the one were buying is 38k less than it sold for last year.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Strange looking back at my post now.
I never sold my flat, recession hit and it wasnt the right time for me to look at buying a new place. It has dropped in value, but not below what I bought it for by a fair bit, but still looking at renting it out rather than selling as rental value has shot up.
My parents also never moved. Has an offer accepted on a place then my Dad got diagnosed with a fairly bad kidney problem so they put off moving until that was all sorted - then obviously shit hit the fan in the economy. The place they had the offer accepted on is still on the market, for £300k less than our offer 
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John_C
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Registered: 5th Mar 03
Location: South east, Bromley
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bought in 06 for 140k, house next door just up for sale at 183k.
So haven't been hit as hard as i would have thought.
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a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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well i have my house rented out and had no real problems.
also bought the house next door and have been ploughing all my time into it
house 1 - is probably worth similar to what we have spent
house 2 - bought at highest before collapse. probably worth 5-10k less at present 
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Colin
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Registered: 4th Apr 02
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Not all doom & gloom if your not planning on moving soon though eh AJ.
A mate of mine bought a 2 bed flat & 4 bed house pretty much in the months prior to the collapse. Hes now needing to move to London for work & sell up....oh dear!! 
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ENB
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Registered: 24th Apr 06
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Paid £122k last year, house on the same street, slightly smaller is up for £140k.
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a_j_mair
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Registered: 23rd Jan 04
Location: Scotland
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nah had a big deposit so no negative equity and currently doing a fair4 bit of work to the house, garden just needs the patio laying then the driveway done and it will be one of the best houses on the street
going to see about converting the loft if it is feasablke and there is a market for a house that size in our area
probably sell house 2 in a few years if we get to build a house, maybe buy a smaller cheaper flat and rent it out and invest the remainder in new house
we will wait and see, lots can happen so nothing is set in stone
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Daimo B
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Registered: 20th Mar 00
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Bloody hell, doesn't time fly.... I've been at mine a good 3.5 years now!!!!!!
I think we're still jsut over break even. Bought for £177500, but seeing similar properties going for £190-£210k, so fingers crossed my motgage deal won't annally lube me up with something stupid like 6%
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J da Silva
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Registered: 10th Apr 03
Location: The FACTory
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I would prefer not to say how much my house is worth, but I made just over 63% profit on my last one as it was only a little 3 bed detatched when I bought it in 2002, and I did some major major major extending to it before I even moved in it, and I then bought some of next doors land as he was selling it off pretty cheap, I then rented it out to various families after I bought a new one and have just sold it in early July, it was always the plan after me and my other half decided to buy our latest home in 2006.
[Edited on 30-07-2009 by J da Silva]
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Would you of got more if you'd of sold it pre-crash, or was the area not too badly effected?
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J da Silva
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Registered: 10th Apr 03
Location: The FACTory
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Probably not, I don't think I'd have got much more before the economy started receeding, it's a very sought after area where I live, purely because the school is rated as one of the best in the UK.
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M2RTY
Member
Registered: 25th May 01
User status: Offline
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bought for 75k 18 months ago, worth 110ish now, would like to see 120ish once done
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