House prices - what is wrong with this place?

kyoto49

Well-Known Forumite
I wouldn't chose to live in Pitt Street either, but in defence of it, I have walked my daughter up and down there to school for the past 5 years, and apart from a couple of close encounters with loose dogs have never had any problems. She now walks to school along Pitt Street and I have no concerns.

It's not posh, but I definately think there is a sense of community round there. Everyone knows their neighbours, and they do look out for other people's kids.
 

tek-monkey

wanna see my snake?
Anyone seen this:

http://www.rightmove.co.uk/property-to-rent/property-13770216.html?maxPrice=600&minBedrooms=2&pageNumber=6&backToListURL=%2Fproperty-to-rent%2FStafford.html%3FmaxPrice%3D600%26minBedrooms%3D2%26index%3D50

4 bed in castletown for under £500.

EDIT: 4 beds, but only half a kitchen!
 

Gramaisc

Forum O. G.
tek-monkey said:
Anyone seen this:

http://www.rightmove.co.uk/property-to-rent/property-13770216.html?maxPrice=600&minBedrooms=2&pageNumber=6&backToListURL=%2Fproperty-to-rent%2FStafford.html%3FmaxPrice%3D600%26minBedrooms%3D2%26index%3D50

4 bed in castletown for under £500.

EDIT: 4 beds, but only half a kitchen!
Close to Rail Station and Western Access Route.
 

PeterD

ST16 Represent.
Sorry to dredge this up but as a reasonably new resident of Highfield Grove I am intrigued by the double plot on Park Avenue, seemingly 2 houses have been flattened around 10 years ago, was this due to subsidence?

Park Ave
 

Lucy

Well-Known Forumite
I'm pretty sure that was the case. I was very good friends with the people who lived just before them when I was a kid, and I lived round the corner.

The times we used to play in the turning circles, always full of parked cars nowadays.
 

rudie111

Well-Known Forumite
Terraced. No garage. No offroad parking. Double glazing? What is the EPC rating? All of these can change the price.

I have my house for sale if you want to have a look... and anybody else that is interested. We are emigrating as soon as the VISA is issued and the house is sold. Will also sell it furnished if the timing is right.


You will find that house prices are showing no rhyme or reason with smaller houses selling for more and bigger houses being given away. Very confusing market.

~Francis


I think I ended up buying Francis's house!
 

Theresa Green

Well-Known Forumite
IMG_0263.jpeg
 

Glam

Mad Cat Woman
Always good to know my house aint worth anywhere near average! But unless I sell who cares, my mortgage is half what rent would be.
Same here. For almost the same size home as mine, eldest is paying just under twice as much rent as my mortgage.
 

tek-monkey

wanna see my snake?
Same here. For almost the same size home as mine, eldest is paying just under twice as much rent as my mortgage.
Insane what we can get in Latvia for the same money, but my fear is I sell up here then when we try to come back a 2 bed flat costs half a mil.
 

gilesjuk

Well-Known Forumite
Insane what we can get in Latvia for the same money, but my fear is I sell up here then when we try to come back a 2 bed flat costs half a mil.

Generally speaking, wages gets paid based upon the cost of living in a country. So while property is cheaper in some countries, the wages are lower too. Take Japan for instance, Japanese families have small homes and if they moved to the west they'd be quite wealthy.

Of course, in some jobs you can work remotely, live somewhere cheaper with few other local jobs and work somewhere else. But the weirdest thing I've noticed is how many workers in London apply for remote working jobs.
 

Thehooperman

Well-Known Forumite
Generally speaking, wages gets paid based upon the cost of living in a country. So while property is cheaper in some countries, the wages are lower too. Take Japan for instance, Japanese families have small homes and if they moved to the west they'd be quite wealthy...............
This isn't necessarily true when it comes to getting a mortgage in the UK.

I remember when the maximum mortgage you could get was 1.5 x your basic salary whereas now it is about 4 or 5 x your basic salary.
 

Mudgie

Well-Known Forumite
This isn't necessarily true when it comes to getting a mortgage in the UK.

I remember when the maximum mortgage you could get was 1.5 x your basic salary whereas now it is about 4 or 5 x your basic salary.
Isn't that largely because when it was 1½ times basic salary the great majority of income was spent on necessities whereas now it's four or five times basic salary the expectation is for half the income to be spent on what would have been considered luxuries such as more than one holiday a year and eating out regularly ?
Or have I got that the wrong way round ?
 
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