Had the house valued today

[conned tractor]

Quite dissapointing really.

Almost 20% down from the price it sold for "twice" in 2008. Not that it sold since on both occasions the buyer pulled out at the last minute.

[AtW]

Almost 20% down from the price it sold for "twice" in 2008. Not that it sold since on both occasions the buyer pulled out at the last minute.

I am meeting with estate agent later to pick up info on flat...

[Zoiderman]

Quite dissapointing really.

Almost 20% down from the price it sold for "twice" in 2008. Not that it sold since on both occasions the buyer pulled out at the last minute.

Where are you? I'd say, that's probably a good drop, as they were wildly overpriced in 2008. I know, I got my pants pulled down.

[Mich the Tester]

on both occasions the buyer pulled out at the last minute.

Understandable, after all even though I've met one or two quite attractive female estate agents it would be quite tough explaining to the good Lady Tester why we've got a free child with the new house.

[conned tractor]

Where are you? I'd say, that's probably a good drop, as they were wildly overpriced in 2008. I know, I got my pants pulled down.

Birmingham

[Support Monkey]

Quite dissapointing really.

Almost 20% down from the price it sold for "twice" in 2008. Not that it sold since on both occasions the buyer pulled out at the last minute.

So why are you worried, if yours has dropped so will everyone elses so if you can sell it surely whatever you buy will be also be 20% cheaper, unless your in negative equity of course

[conned tractor]

Word from the estate agent is nothing is moving....so to sell we have to be realistic with the price and then we may be in for a wait.

[Zoiderman]

Birmingham

I think I'd be quite happy with a 20% where we are. Have you heard of property bee? You can add it to firefox and it shows you how much houses have dropped whilst being listed. Property snake is a good site too. I started thinking about it, used these sites and it's helped me face the facts house prices did drop from 2008, and in some cases heavily. I mentionew yesterday a contractor who bought in 2008 in Newport, and have lost over 65%, in a 'desirable development'.

Have a look at rightmove with property bee installed, and property snake and I think you'll be surprised.

[DimPrawn]

I just want to hear of estate agents going bust and becoming bankrupt and then destitute and then dying on the streets from disease and hunger.

[conned tractor]

So why are you worried, if yours has dropped so will everyone elses so if you can sell it surely whatever you buy will be also be 20% cheaper, unless your in negative equity off course

I'm not worried, in fact I want house prices to drop to a more affordable level.

But I can't help that sinking feeling of knowing that it has lost 20% in 3 years.