UK Landlord Forum / Life

Apparently, according to Hamptons estate agents, properties costing around the 1m mark have been hit the hardest by the property slowdown. Since last September their value has fallen by up to 15%, according to Hamptons.

By comparison, the average home which typically sold for £200,000 has dropped by only around three per cent.

The firm said a home which sold for £960,000 in the autumn would now fetch as little as £820,000.

Full story here

Good news for all of us wanting that 1mil house !.

Quote from: Uncle Norman on May 08, 2008, 12:33:02 PM
Good news for all of us wanting that 1mil house !.

That's what I'm talking about!