i already started a similiar thread.....anyway just want to make people aware that house prices in the UK are far too overvalued and that people should start building themselves instead of buying old, run-down and dilapidated houses for ridiculous sums of money.....dont waste your money....avoid agents and expensive building companies too.

Just as an example:




= 43.595 GBP

Let's add 30% for the land = 56647 GBP

Okay, what do you get for that?

Let's check rightmove....



a one bedroom "chalet"

how much would be something similiar - a house with 7 rooms ?

really hard to find any houses with more then 5 or 6 rooms on rightmove...


well here is one for 250,000 pounds.



but honestly, which one would you choose?

maybe i am just stupid, but why would anyone want to buy a house in the UK with less then 6/7 rooms for more then 150,000 pounds if you could always knock it down and build a new one for another additional 65,000 -80,000 pounds?

in my theory every who buys a house would be better off to knock it down..even if it is a newly built house.....because most of them look ugly and have usually only 4-5 rooms...

the other posting was:

http://www.flirtbox.net/anything_else/housing-conspiracy-.html

That it!!!! I AM MOVING!!!!
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xxTxx

xx Moderator xx




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Toby!!

Stop depressing me!

The house down the road from me was just sold for £250,000

It's a freakin' dump.

All to common that Laura..... over priced dumps......
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xxTxx

xx Moderator xx




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Mhm.

House prices in Scotland arent too bad i bought my 3 bedroomed house 10 years ago for 45,000 its now worth 110,000

I like it here though toby .. but it makes you sick the prices of propertys abroad

There is no real reason for the house prices in the UK though...it is a "bubble" - property in the UK does not reflect their real value.

if you are bored, have a look here:

http://www.housingoutlook.co.uk/Pages/who.html

It's not just the price of the house you're paying for though. You're paying for the area.

There are houses in my town that are massive, selling for £500,000. In London, they'll go for 3.4 million.

Personally, I think our house prices are already too high - but only by about 25%. I'm about to make the leap onto the property ladder and i'm not doing it alone.

I love it when they keep going up...makes me a richer man....untill it all crashes then Im in the poop.