Looks like the housing market is going daft again!
Thread Starter
PassionFord Post Whore!!
iTrader: (1)
Joined: May 2003
Posts: 8,952
Likes: 55
From: stockton on tees
Looks like the housing market is going daft again!
I found this today,
we sold this house last year (april 06) for £157K
was well shocked when I saw that it's under offer at that price, they have fitted a new bathroom suite tho!
http://www.vebra.com/home/search/vde...0&pid=11632535
steve
we sold this house last year (april 06) for £157K
was well shocked when I saw that it's under offer at that price, they have fitted a new bathroom suite tho!
http://www.vebra.com/home/search/vde...0&pid=11632535
steve
Advanced PassionFord User
Joined: May 2004
Posts: 1,789
Likes: 0
From: Bexhill, East Sussex
It's all relative though isn't it - you have to have somewhere to live, so if you sell your house at a high price you're going to have to pay a high price for the next house you move to.
The only way to make money out of it is to either move abroad to somewhere cheaper to buy property/live or to buy fixer-uppers (as I'm sure some of you do on here) as investments etc.
I just hope we don't fall into negative equity anytime soon otherwise I'll be fucked!
Cheers,
Andy
The only way to make money out of it is to either move abroad to somewhere cheaper to buy property/live or to buy fixer-uppers (as I'm sure some of you do on here) as investments etc.
I just hope we don't fall into negative equity anytime soon otherwise I'll be fucked!
Cheers,
Andy
PassionFord Post Whore!!
Joined: May 2003
Posts: 7,598
Likes: 0
From: Essex innit bruv
Originally Posted by andyhardy
It's all relative though isn't it - you have to have somewhere to live, so if you sell your house at a high price you're going to have to pay a high price for the next house you move to.
Since 2001 its increased £65000 in value. nearly double what we originally paid.
So i'm selling it in about a year and buying a nice polish bird and getting rid of mine
and the kids
I've found that life I needed.. It's HERE!!
iTrader: (1)
Joined: May 2003
Posts: 1,397
Likes: 1
From: Blackpool
Originally Posted by RSrussell
Originally Posted by andyhardy
It's all relative though isn't it - you have to have somewhere to live, so if you sell your house at a high price you're going to have to pay a high price for the next house you move to.
Since 2001 its increased £65000 in value. nearly double what we originally paid.
So i'm selling it in about a year and Paying a big chunk of it in tax
Monte 087
Joined: Sep 2004
Posts: 4,242
Likes: 6
From: Hartlepool
I cant belive how much the prices have gone up in the last few years, i bought my house off the council for 16.5k (valued at 36k at the time right to buy) nearly 5 years ago now, a for sale sign went up a few days ago up the street so i thought out of interest i would check what it was up for i couldnt belive it when i saw this, identical house to mine but mine is quite a bit more presentable new block paved drive new windows etc
http://www.homes-at-supermarkets.co....x?propid=26232
124k!! i nearly choked
http://www.homes-at-supermarkets.co....x?propid=26232
124k!! i nearly choked
Trending Topics
Thread Starter
PassionFord Post Whore!!
iTrader: (1)
Joined: May 2003
Posts: 8,952
Likes: 55
From: stockton on tees
Originally Posted by bud-weis
that's a lovely looking house for that money 
prices are silly really
prices are silly really
steve
Advanced PassionFord User
Joined: May 2004
Posts: 1,789
Likes: 0
From: Bexhill, East Sussex
Originally Posted by TiB
Originally Posted by RSrussell
Originally Posted by andyhardy
It's all relative though isn't it - you have to have somewhere to live, so if you sell your house at a high price you're going to have to pay a high price for the next house you move to.
Since 2001 its increased £65000 in value. nearly double what we originally paid.
So i'm selling it in about a year and Paying a big chunk of it in tax
PassionFord Post Whore!!
Joined: May 2003
Posts: 7,598
Likes: 0
From: Essex innit bruv
Tib/Andy, I won't be paying ANY tax on it becos I owned it and lived in it, and as I've only rented it out for 3 years, these 3 years are exempt from Capital Gains tax.
I haven't had to pay income tax either because the morgage and maintenance, stationary, fuel and other expenses have cancelled out any earnings, cough
I haven't had to pay income tax either because the morgage and maintenance, stationary, fuel and other expenses have cancelled out any earnings, cough
Thread
Thread Starter
Forum
Replies
Last Post