Topic ID 4250
[url]http://www.dailymail.co.uk/news/article-1161504/Britains-property-blackspots-revealed-Towns-house-prices-fallen-20-months.html[/url] ...wouldn't normally believe a word this rag says but on this occasion maybe there is something to it (Hertford property has been hideously overpriced).
Reply ID 61533
I really don't believe that prices here have fallen 26%. It would be interesting to know what data was used to reach this figure - e.g. was it an average of all prices? A particular sector of the market (small/large houses)? A very small number of properties? etc.
Reply ID 61535
I have been looking for a property for my son in Bengeo, in the region of £400,000.00, the only properties that are avaliable have been on for months and are overpriced so we will keep looking......
Reply ID 61537
BBC News 24 also just called Hertford a blackspot , say it enough and everyone will believe it .
Reply ID 61538
House prices coming down? I'd say that makes Hertford a 'brightspot', not a blackspot.
Reply ID 61544
In a more slowly inflating or static market, asking prices reflect any negotiable discount in advance in the hope of attracting fewer buyers, whereas in a bullish market an optimistic starting price is published, in the hope that it will be reached without argument, or that it will cover inflation if the sale takes a while to complete. Another example of this is the new car market. At the moment, the maximum discounts are offer, up front and in the TV ads. They were always available (around 17%), but require the buyer to ask and negotiate for when we were in a more bouyant market. Hence if asking prices are used as the yardstick, prices can show a large fall, without any such fall having happened.
Reply ID 61548
I seem to remember various headlines in the Mail... "Hitler defeated, house prices to fall" Death of Diana - your house is worth less" "Obama elected - look how much less your house will fetch" "Weymouth beaten 9 - 0 - House prices crash". The paper, (sorry Lord Rothermire I did mean to write bigoted, Nazi apologist, rag) in an attempt to pander to its assumed readership has an unhealthy fascination for the subject - Private Eye has been lampooning this for years. Far better to trust the Grauniad & its excellent Saturday property supplement……...
Reply ID 61551
Makes me have a giraffe - there is a detached house in Lilbourne Drive that has been on the market since last July and it hasn't reduced the asking price at all. I'm still struggling to find a 4 bed house with off-street marking within a budget of £450k in Hertford, no way have the properties fallen by 26%. Sigh...
Reply ID 61553
We dropped by roughly 20% in the end and sold 10 days afterwards, as did the people we're buying from though they were on the market for ages before accepting our offer. Last saturday's Times had a section on how to spot when the market was bottoming out and Hertford had them in drove (new properties sensibly priced snapped up/repriced the same; more sold signs visible than for sale etc).
Reply ID 61555
Lies, damned lies & statistics. What if a year ago there were a load of houses in The Avenue and Fordwich Rise and a few from Farm Close that sold? The average house price would be very high. Then, what if recently a load of houses on Sele Farm & one or two up in Bengeo sold? The average house price would be much lower.
Reply ID 61558
perfectly understandable. Hertford is becoming just another chav town so why pay extra to live here when you could live in Hoddesdon or Stevenage?
Reply ID 61559
The Mail?, The Guardian weekend supplement ? Could it be that these and probably many other rags can’t afford to let any facts get in the way of selling their papers? Print anything you like. Someone, somewhere who doesn’t know the facts will believe it!
Reply ID 61561
quote:Yet another 'chav' post from your unhappy self .Id love to know what has happened in your life for your vitriolic hatred of the town you live in (im assuming you do) , if i was as unhappy as you i would certainly try to move . Whatever the obstacles are that keep you here , they cant be as important as your own happiness.
Originally posted by aubend
perfectly understandable. Hertford is becoming just another chav town so why pay extra to live here when you could live in Hoddesdon or Stevenage?
Reply ID 61563
quote:Oops. Sorry forgot the Prozac. What I meant to say was 'This is Hertford. Prices couldn't possibly go down here. It's the best place in the world. They must be wrong. We are immune to outside pressures in our bubble of bliss. Is that a fairy over there?
Originally posted by Donostiaquote:Yet another 'chav' post from your unhappy self .Id love to know what has happened in your life for your vitriolic hatred of the town you live in (im assuming you do) , if i was as unhappy as you i would certainly try to move . Whatever the obstacles are that keep you here , they cant be as important as your own happiness.
Originally posted by aubend
perfectly understandable. Hertford is becoming just another chav town so why pay extra to live here when you could live in Hoddesdon or Stevenage?
Reply ID 61566
Yeah , but what about the chavs ?
Reply ID 61571
The Daily Mail is a highly partisan publication. I would want a second opinion before taking any notice of what they report.
Reply ID 61573
quote:Not immune, but unpredictable by normal means when it comes to property prices. Optimistic and pessimistic predictions by national press have historically been totally wrong.
Originally posted by aubendquote:Oops. Sorry forgot the Prozac. What I meant to say was 'This is Hertford. Prices couldn't possibly go down here. It's the best place in the world. They must be wrong. We are immune to outside pressures in our bubble of bliss. Is that a fairy over there?
Originally posted by Donostiaquote:Yet another 'chav' post from your unhappy self .Id love to know what has happened in your life for your vitriolic hatred of the town you live in (im assuming you do) , if i was as unhappy as you i would certainly try to move . Whatever the obstacles are that keep you here , they cant be as important as your own happiness.
Originally posted by aubend
perfectly understandable. Hertford is becoming just another chav town so why pay extra to live here when you could live in Hoddesdon or Stevenage?
Reply ID 61574
I would take a second and even third opinion before I came to a conclusion about anything I read in a newspaper.
Reply ID 61577
quote:Especially the Daily Mail eh? After all it's far too middle class, middle England for a diverse and outward looking place as Hertford with it's multi cultural population. Oh hang on...
Originally posted by Eyeone
I would take a second and even third opinion before I came to a conclusion about anything I read in a newspaper.
Reply ID 61584
I Have to say aubend, good luck to you. If you didn’t exist we would definitely have to invent you.... (in fact are you really Admin in disguise..? Steve's comic strip alter-ego methinks...)
Reply ID 61590
the sunday times also picked up on this.. As comic like as the daily mail is, these facts came from globrix - which seems to be some sort of property aggregation site? Of course, as it's based on asking price, that has little meaning until the actual sale prices are published.