http://news.bbc.co.uk/1/hi/business/7604592.stm

Does this affect Sheffield, or are we immune?

This of course is the lowest until next months figures come out.

Sales were running at levels 47% lower than in August last year.

I believe it says that sales volumes are the lowest not prices.

Obsessive Compulsive Disorder (http://www.ocduk.org/1/ocd.htm)

:hihi:Obsessive Compulsive Disorder (http://www.ocduk.org/1/ocd.htm)

Who you aiming that one at?:hihi::hihi:

La la la la la (http://blog.petegraham.co.uk/wp-content/uploads/2007/01/fingers-in-ears.jpg)

I believe it says that sales volumes are the lowest not prices.

Oh, that's alright then.


:loopy::loopy::loopy:









.........................

Well its a hell of a lot better than you made out

Well its a hell of a lot better than you made out

I wouldn't say its better, or worse....just completely different, which is the bit Sheffy doesn't seem to grasp at times.

The statistics used by the headliners are so misleading,
On Yahoo today 81% more estate agents saw a drop than saw a rise, actually means out of a hundred, 36 saw a rise and 65 (81% more saw a drop) very misleading.
Why not be positive and say over a third of estate agents saw a rise.
In the same article 2% of surveyors saw a fall rather than a rise. So out of a hundred
49 saw a fall and 2% more, about 1, saw a rise, no big deal.
So why not say almost half of surveyors, saw a rise.
The press are responsible for distorting all the information to make headlines

The trouble is people dont bother to read the whole article and get mislead.

Don't feed the troll!

The statistics used by the headliners are so misleading,
On Yahoo today 81% more estate agents saw a drop than saw a rise, actually means out of a hundred, 36 saw a rise and 65 (81% more saw a drop) very misleading.
Why not be positive and say over a third of estate agents saw a rise.
In the same article 2% of surveyors saw a fall rather than a rise. So out of a hundred
49 saw a fall and 2% more, about 1, saw a rise, no big deal.
So why not say almost half of surveyors, saw a rise.
The press are responsible for distorting all the information to make headlines



ha ha ha


You guys and ladies me me laugh.

You are all in total denial that a huge house crash is underway.

Denial from those who can do nothing else.

Last year you would be quoting all sorts of facts and figures, with this house selling here and this one there for 1 million per cent profit.

No figures to show huh?

I'll get some house auction results for you soon.....real facts and figures.

Bless.

Don't feed the troll!

OK grannygranny, I won't

:gag:

here's a fact, a housing auction today

Lot 95 just sold for £65k

It sold new for £135,000 in December 2006

06 Dec 2006 Flat 6 Oakwood House, Oxford Street, Leicester, Leicester LE1 5XY Flat Leasehold £135,000

A loss of £70k in 21 months ie £3,333.33 per month

It's happening in Sheffield, but it's being kept hush hush.

Another one:
Lot 127 took a hit - sold for £129,950 in March '07 - just gone for £72,500

Ouch!

Enough for now, maybe you'd want some specific SHEFFIELD auction property results?

There was me thinking that this thread was about sales volumes, and even then Sheffy2008 can't spot the difference or the connection.

There was me thinking that this thread was about sales volumes, and even then Sheffy2008 can't spot the difference or the connection.

There are house sales going on, but they're all auction sales.

I posted the details above.

Did you actually read the report in your own OP?





Doh... GrannyGranny is right and I should follow my own advice. Don't feed the trolls.

Did you actually read the report in your own OP?


This is more interesting:


Todays auction results, just a snippet.

Lot 95 just sold for £65k

It sold new for £135,000 in December 2006

06 Dec 2006 Flat 6 Oakwood House, Oxford Street, Leicester, Leicester LE1 5XY Flat Leasehold £135,000

A loss of £70k in 21 months ie £3,333.33 per month

It's happening in Sheffield, but it's being kept hush hush.

Another one:
Lot 127 took a hit - sold for £129,950 in March '07 - just gone for £72,500

La la la la la (http://blog.petegraham.co.uk/wp-content/uploads/2007/01/fingers-in-ears.jpg)

Ha Ha !!!:hihi::hihi::hihi:

This is more interesting:


Todays auction results, just a snippet.

Lot 95 just sold for £65k

It sold new for £135,000 in December 2006

06 Dec 2006 Flat 6 Oakwood House, Oxford Street, Leicester, Leicester LE1 5XY Flat Leasehold £135,000

A loss of £70k in 21 months ie £3,333.33 per month

It's happening in Sheffield, but it's being kept hush hush.

Another one:
Lot 127 took a hit - sold for £129,950 in March '07 - just gone for £72,500

Thats quite a loss. Obvious reposessions so an indication of the scale of reposessions which always go for way below market value. Someone has gota bargain!

Thing is we know that values are falling and sales are grinding to a halt. That is not in dispute.

Also why are you saying thats its happening in Sheffield but is being hushed up?

You can access the information as you did above.

All sale prices are freely available.

You are feeding the troll again!!!!!!!!!!!!!!

Doh!

Must resist
Must resist
Must resist
Must resist
Must resist
Must resist
Must resist
Must resist

Doh!

Must resist
Must resist
Must resist
Must resist
Must resist
Must resist
Must resist
Must resist

Must resist
Must resist
Must resist
Must resist
Must resist
Must resist
Must resist
Must resist = OCD

You are feeding the troll again!!!!!!!!!!!!!!

I'm surprised Phyllis didn't comment on the HUGE losses recently made on properties purchased in 2007 by vendors at auctions in 2008.


Perhaps 'denial mode' is in full flow.






ps...not really surprised, as house prices only ever go up in Phyllis-world



:help:

I'm surprised Phyllis didn't comment on the HUGE losses recently made on properties purchased in 2007 by vendors at auctions in 2008.


Perhaps 'denial mode' is in full flow.






ps...not really surprised, as house prices only ever go up in Phyllis-world



:help:

Because until you show us proper evidence (i.e, links to these figures) we just dont believe you. You making up figures does not make them reality.

Damn im at it now.

Must resist
Must resist
Must resist

Because until you show us proper evidence (i.e, links to these figures) we just dont believe you. You making up figures does not make them reality.




You ask, I provide.

This one sold for 99k in 2005
http://www.houseprices.co.uk/e.php?q=12+flat+4+stead+street+shipley&n=10

and September 2008 for 35k
http://www.eigroup.co.uk/onlineauctions/lotpub.asp?a=10601&l=511781


Thats a 65% loss.

That is Yorkshre, not some newbuild in a backward street of London town.

Take a look at LOT 127.

There's more, but I don't want to scare people too soon.

Be patient.

I think there's a big difference between apartment price drops in new developments and houses in established areas. Three houses on our street have sold in the last few months at prices higher than they were this time last year.

I think there's a big difference between apartment price drops in new developments and houses in established areas. Three houses on our street have sold in the last few months at prices higher than they were this time last year.

it's not a new development.



....

Definately repossesions. Probably badly advised investors who can't keep up their mortgage payments and struggling to find tenants. :)
The building society will just want a quick sale and get back some of their money as quick as possible hence the low reserve.

Definately repossesions. Probably badly advised investors who can't keep up their mortgage payments and struggling to find tenants. :)
The building society will just want a quick sale and get back some of their money as quick as possible hence the low reserve.


But posters here keep saying they are increasing rental prices due to increased demand.

They must be wrong then.




.......

But posters here keep saying they are increasing rental prices due to increased demand.

They must be wrong then.




.......

The :) at the end ia a clue that i wasn't being serious, sorry not that clear.

Just in reply to all your posting of 'voids' and landlords struggling paying their mortgages.

The :) at the end ia a clue that i wasn't being serious, sorry not that clear.

Just in reply to all your posting of 'voids' and landlords struggling paying their mortgages.

:hihi::hihi::hihi::hihi::hihi::hihi::hihi:

:hihi::hihi::hihi::hihi::hihi::hihi::hihi:

Do we have another?

Closer to Sheffield?

Ahem, ahem.

on all the house price data websites,sheffield is down 1% in the last quarter but up 4%since last year.
buying a house is a win win investment,unless you want to make a quick buck,but as a home you cannot go wrong.
the doom mongerers are pitiful,look on the brightside and start living!

on all the house price data websites,sheffield is down 1% in the last quarter but up 4%since last year.
buying a house is a win win investment,unless you want to make a quick buck,but as a home you cannot go wrong.
the doom mongerers are pitiful,look on the brightside and start living!

You will be shot down for saying that. I agree with you though. Had our house valued yesterday and was really suprised at the outcome. The surveyor (not an estate agent but a valuer from a mortgage lender) was really very positive and came to a conclusion far more optimistic than i first thought. It has still gone up in value this year. As it happens we decided not to borrow more against the house and have taken out an unsecured loan instead but it goes to show dont believe everything you read in the newspapers.