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20 Jan 20, 07:03 PM |
#1
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Imagineer
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What’s your home?
Purely being nosy. After watching location, location, location I am again reminded how vastly the costs of housing varies throughout the UK.
Are you a home owner or do you rent? Do you live in a house or a flat? Just watched a couple who are trying to buy after years of renting a tiny one bed flat. The cost of this tiny one bed flat is more than my 4 bed detached home. It unbelievable. I live in the North West so probably one of the cheapest areas to live. However it’s not that far away that we could get the same size house for half the price. But vandalism etc are quite high it those areas. We have a mortgaged 4 bed home. Not a high mortgage thankfully. |
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20 Jan 20, 07:11 PM |
#2
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Imagineer
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We’re in the NW too, and have a very small 2 bed terrace. It doesn’t even have an upstairs toilet. It is just the hubby, myself and the dog though.
We own it
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Mitch xx |
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20 Jan 20, 07:14 PM |
#3
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Imagineer
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We have a 1900 semi, high ceilings, 3/4 bed, 2 public and kitchen plus utility. Would sell for 180000 - 200000, cost us 67,500. Xx
Edited at 09:09 PM. |
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20 Jan 20, 07:28 PM |
#4
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Imagineer
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A lot of my friends have bought houses when their kids went to university, they live in them and rent the other rooms to their friends, which covers the mortgage.
We looked at doing this when DD went, unfortunately she went to West London, we were looking at over £500K for a 2 bed flat, I didn't even bother looking at the 3 beds we'd been talking about We live in Northamptonshire in a village, house prices aren't particularly cheap here but FAR less than London prices.
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20 Jan 20, 07:29 PM |
#5
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Imagineer
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We also live in the NW of England. House prices are low in comparison to other areas but so are wages. The average here is £22k whereas I believe nationally it is more like £30k. In this town half of all children live in poverty. We live in a 3 bed detached on a reasonable estate.
Mortgage is paid and the house is worth 4 times what we paid for it 20 years ago. It had been repossessed from its previous owners and left in a complete mess despite only being 3 years old. I would never rent. I was brought up in a council house and owning my own home was incredibly important to me. I am always amazed watching Location how young couples with children can be buying such expensive houses. |
20 Jan 20, 07:33 PM |
#6
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Imagineer
Join Date: May 08
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We live in a terraced house in west London, mortgage will be paid soon. Houses around here go for over £450,000!
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2004 Kissimmee 2006 Bahama Bay Davenport 2008 Bahama Bay Davenport 2012 Regal Palms Davenport 2016 Glenbrook/Bradenton 2018 Hampton Lakes/Cape Coral Always dreaming Of Florida! |
20 Jan 20, 07:32 PM |
#7
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Imagineer
Join Date: Apr 16
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I'm in the process of buying but currently rent. I rent a two bed apartment in Cheltenham for 745 a month. My first home is 230k for a three bed but in Gloucester x
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Back to the Mouse 2022! |
20 Jan 20, 07:33 PM |
#8
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Imagineer
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I live in a small four bed detached on an estate. Similar are on the market for £400-450k. In this area, a 3 bed semi is around £325-375k and a two bed terraced around £250-300k. We own but still have a mortgage.
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Orlando '01, '04, '06, '08, '10, '11, '12 (x2), '13 (x2) '14 (x2) '15 (x2) '16 (x2) '17, '18 (x2), ‘19, ‘23 New York x 3, Washington, San Francisco |
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21 Jan 20, 02:05 AM |
#9
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Imagineer
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I live in a 3 bed semi in a so called desirable area, to the west of Manchester, houses sell as soon as they are put on the market.
We own it outright, no idea of the value now but it will be a heck of a lot more than the £85000 we paid for it 20 years ago.
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Steve 'Oct 97 Days inn main gate west, June '02 Days inn main gate west, Dec '05 All star movie resort, Aug '07 Caribbean Beach Resort, Sept '09 Port Orleans Riverside, Oct'10 Tour then villa at Highgate, May '12 Emerald Island villa. Oct '14 The Keys then SSR. |
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21 Jan 20, 08:40 PM |
#10
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VIP Dibber
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We live in a village in North Wales which is 1.5 miles from the Cheshire border.
We downsized 4 years ago from a 4 bedroom detached house with a huge garden back and front which was just outside Wrexham to a 3 bedroom detached bungalow. We are owners and have been mortgage free for 20 years due to over paying and DH receiving an inheritance from his uncle.
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