Freehold.

Mine's £995, in 1973.

Ahouse which sold for £280,000 in 2005.

I could buy a 1990s Jag for £995!

Stupidly, i sold that house Matt, for £52,000 and thought i'd done well!

Crikey bamford, £995. What on earth were people paying the 50s?

I've only bought one. £32,500 in 1995.

1973 when i was 16 years old!

I think I remember my uncle telling me they bought their current house for £3000 30 or 40 years ago, and they thought it was extremely expensive!

I bought my first home, a one bedroomed flat in (can't remember exact year) about 1989 for £43,000. Sold it 3 or 4 years ago for just under £100,000.

That was leasehold.

H paid £12k for his house in 1988, he still owns the house (well we both do!!!) and we currently rent it out. Now worth £150k. It is our retirement fund.

A-K

Bought our current house for £36000 in 1998 now on the market for £250000. We spent 10 years and loads of money restoring it, now we are ready to sell retire and buy a narrow boat everything has gone t---s up. Sods law or what

Bought our first house in 1989 for £30k, sold it 2 years later for £40k. Bought our current house for £63k in 1991, spent quite a lot on it, now on the market for £240k.

quote:

Originally posted by wendyc:
Bought our current house for £36000 in 1998 now on the market for £250000. We spent 10 years and loads of money restoring it, now we are ready to sell retire and buy a narrow boat everything has gone t---s up. Sods law or what

How come things have gone wrong? You've got loadsa money there to sell up and move to a narrow boat?

It is so hard to sell at the moment. Houses can take as long as a year to sell in this part of the country under normal conditions. God knows how long it will take now. We can't afford to reduce any further if we want to retire. We have had loads of viewings but some are just window shopping and haven't even got their property on the market. They really annoy me!!. Looks like we will have to wait at least another year until the market pick up.

We did have a buyer but they pulled out at the last minute. We have another lady wants to buy she has visited 4 times but need to sell her house.

Just that they are not going to be sitting there with £200k+ from the sale of the home that they spent so much money doing up (which they must have done because that was the approx value of my home in 1998 and mine is now worth £90-£95k).

I don't see why people are so down on others who happen to be able to downsize because their property has gained in value - it's not like they bought the house, did nothing then sold 5 years later for twice as much or more just because of market trends.

Wendy must have had a certain contingency of what they must sell the house for for them to be able to get a narrow boat and retire on it. Unfortunately the slight downturn at the moment just means they might have to wait things out a bit.