dyfarnwr Posted January 25, 2017 Report Share Posted January 25, 2017 First post! A lot of the threads on the site naturally look at the more expensive parts of the UK - top of the market collapses first and all that - but I thought I'd start a thread looking at how some of the cheaper properties are getting on. Hopefully it'll get a bit of discussion around the south Wales market going. First up - interior design suggests probate sale and a drastic price cut (albeit now going to auction with the hope of beating the guide) indicating a keenness to sell. http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=REGION^968&radius=10.0&sortType=1&index=24&includeSSTC=false 12/09/2016 £59,000 20/12/2016 £36,000 (-38.98%) Set to go to auction 22 Feb 2017. Will it sell? Will add some more of these over time. Quote Link to comment Share on other sites More sharing options...
dyfarnwr Posted January 25, 2017 Author Report Share Posted January 25, 2017 Another - though this one really not so bad at all - in Maesteg, to the north of Bridgend. Initial entry on 04/09/2016 with price of £62,500. Price changed on 18/01/2017 from £62,500 to a guide price of £40,000 (-36.00%) Quote Link to comment Share on other sites More sharing options...
dyfarnwr Posted January 25, 2017 Author Report Share Posted January 25, 2017 http://www.rightmove.co.uk/property-for-sale/property-42955275.html Link for that one. Quote Link to comment Share on other sites More sharing options...
GreenDevil Posted January 25, 2017 Report Share Posted January 25, 2017 Loads and loads of supply, thats why its cheap, i saw a plot of land on that search asking 30k, why bother, why you can buy a house and land for less.. Quote Link to comment Share on other sites More sharing options...
bricor mortis Posted January 27, 2017 Report Share Posted January 27, 2017 (edited) Seems tatty and undesirable places are hard to shift, better places more likely to shift, overall around Blaenau Gwent area the stats for sold prices seem to indicate a rise of a couple of % over each of the last couple of years as far as I can tell and if I recall correctly. Massive kite flying as always. Edit: auction guide prices mean little or nothing. Edited January 27, 2017 by bricor mortis as above. Quote Link to comment Share on other sites More sharing options...
long time lurking Posted February 12, 2017 Report Share Posted February 12, 2017 On 1/27/2017 at 1:41 PM, bricor mortis said: Seems tatty and undesirable places are hard to shift, better places more likely to shift, overall around Blaenau Gwent area the stats for sold prices seem to indicate a rise of a couple of % over each of the last couple of years as far as I can tell and if I recall correctly. Massive kite flying as always. Edit: auction guide prices mean little or nothing. But sold prices are the market price 02/2017 12/2016 10/2016 Quote Link to comment Share on other sites More sharing options...
Warwick-Watcher Posted December 13, 2017 Report Share Posted December 13, 2017 On 25/01/2017 at 1:42 PM, dyfarnwr said: http://www.rightmove.co.uk/property-for-sale/property-42955275.html Link for that one. Must be money to be made housing immigrants from London. Quote Link to comment Share on other sites More sharing options...
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