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30 Jan 20, 11:30 PM |
#141
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Imagineer
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SORRY - failed my New Years resolution to keep my posts brief & to the point. 🙄😡
Same here in Chelmsford, the property situation is over-heating. I took a "leap of faith" 26 years ago and moved from east London, mainly to afford a bigger property but also to get away from an area already becoming more "hostile". Boy am I glad I made that move ! I commuted to the City until I retired - didn't mind the travelling (3 hours a day roughly) but I really resented the cost - an annual season ticket in 2004 cost over £3,000. Goodness knows what it costs now. The commute-ability to the City plus the exodus of people from the higher crime areas of London have pushed up the price of properties. Developers are cramming in new houses and flats on any bit of flat land they can find, including land that has never been built on because it's always been flood plains & water meadows. Prices for these new builds are obscene, in my opinion. I've got a 1970 3 bedroom link-detached house of modest size and no real features (a "box") with garage, drive, small front and back gardens. It's a lovely little road to live in, neighbours are fabulous and I always say even if I won the lottery jackpot I wouldn't move . Paid £94,000 in 1993. The last house sold down this road was in 2015 and it went for £415,000. A similar house round the corner had a large wrap-around garden. The owners built a new house on it and re-furbed their own to look the same. Sold both last year - for £500,000 and £550,000. Edited at 11:38 PM. |
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31 Jan 20, 12:44 AM |
#142
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Imagineer
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I own a house which I lived in for many years in a midlands village . Worth about £180k
But I moved out a year ago and left it empty and am renting a small terrace at the coast . The house is very different in comparison . But I had to move away . I can’t bring myself to sell it yet as it holds too many memories .
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31 Jan 20, 12:50 AM |
#143
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Excited about Disney
Join Date: Jan 13
Location: Herts /Essex border
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Live in a village near bishops Stortford (Stansted airport) so half hour train to London. DH and I spent most of our 20s and early 30s renovating our homes to move up property ladder. We were lucky it was possible then, but nowadays even houses that are a wreck still seem to sell for high prices and it isn’t as easy to make money out of renovating. I have friends whose children are forced to move further afield as the just can’t afford deposits... yet there are soooo many housing developments soon we will just blur into a London Suburb
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31 Jan 20, 08:39 AM |
#144
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Imagineer
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I live in a tiny 2 bedroomed terraced cottage in a large village on the North Wales Coast. 2 mins walk to the prom 7 mins to the village itself (2 streets with numerous cafes shops hairdressers estate agents etc) paid around £15,000 in 1988 now worth around £15,000.Meanwhile DD moved to London 6 months ago for her first job since graduating and lives in a 3 bed terraced houseshare ( although 4 th bedroom now in the dinning room ) 7 mins walk from Clapham Junction and pays £800 a month rent!
The difference in prices between North and South is just incredible. |
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31 Jan 20, 09:21 AM |
#145
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Earning My Ears
Join Date: Aug 19
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live in a barn conversion near Walsingham Norfolk . retired sold up and move to the country . lived in Chelsea decided to retire early (46 ) and escape out of London
best decision we ever made. still head up to London every 6 weeks or so just to remind me how much I don't miss it |
31 Jan 20, 09:29 AM |
#146
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Imagineer
Join Date: Nov 07
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31 Jan 20, 11:32 AM |
#147
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Imagineer
Join Date: May 10
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31 Jan 20, 12:25 PM |
#148
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VIP Dibber
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What's my home? Overpriced for what it is going by this thread!
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31 Jan 20, 12:28 PM |
#149
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Imagineer
Join Date: Nov 07
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31 Jan 20, 12:46 PM |
#150
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Imagineer
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But that London Postcode is priceless!
We made good when we moved from London to our present house, with plenty of scope to do up! Prices up North are so cheap, and lovely big houses for the cost of a tiny flat where we are.
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