zlb
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Post by zlb on Sept 29, 2020 15:12:16 GMT
Does anyone know of a good source of analysis on the effect of house prices on new properties being built in the area?
My search results are swamped by house price effect and the virus (even if I put -xyz). Is there a calculation on estimating future prices based on the number of new builds : quantity of existing stock?
Whilst other factors come into it like will everyone be able to work from home etc, but a starting point on calculating impact of new build quantity would be a place to start.
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Greenwood2
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Post by Greenwood2 on Sept 29, 2020 16:55:13 GMT
Does anyone know of a good source of analysis on the effect of house prices on new properties being built in the area? My search results are swamped by house price effect and the virus (even if I put -xyz). Is there a calculation on estimating future prices based on the number of new builds : quantity of existing stock? Whilst other factors come into it like will everyone be able to work from home etc, but a starting point on calculating impact of new build quantity would be a place to start. Seems like an open ended question, is the area going up and are the new builds adding to that (or the reverse)? Is there a shortage of housing in the area? What is the quality of the existing stock and how do the new builds compare? What do people like in the area, flats, houses, bungalows and how do the new builds fit in? Basic supply and demand, etc.
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Post by martin44 on Sept 29, 2020 17:04:31 GMT
You don't say why you need to know the effect.... but i can assure you that in 41 years of dealing/investing in property i have never lost a penny on any property investment, put simply, there is a mass shortage in the uk.
edit... domestic property. NOT COMMERCIAL.
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michaelc
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Post by michaelc on Sept 29, 2020 17:13:07 GMT
You don't say why you need to know the effect.... but i can assure you that in 41 years of dealing/investing in property i have never lost a penny on any property investment, put simply, there is a mass shortage in the uk. edit... domestic property. NOT COMMERCIAL. I agree with you to some extent as ultimately most wealth goes on our home(s). However, there have been big drops in the last 41 years and recovery can take years. I think as long as interest rates stay so low there will be no crash. But if that changes....
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Post by martin44 on Sept 29, 2020 17:15:01 GMT
You don't say why you need to know the effect.... but i can assure you that in 41 years of dealing/investing in property i have never lost a penny on any property investment, put simply, there is a mass shortage in the uk. edit... domestic property. NOT COMMERCIAL. I agree with you to some extent as ultimately most wealth goes on our home(s). However, there have been big drops in the last 41 years and recovery can take years.I think as long as interest rates stay so low there will be no crash. But if that changes.... Where?
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Greenwood2
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Post by Greenwood2 on Sept 29, 2020 17:18:33 GMT
You don't say why you need to know the effect.... but i can assure you that in 41 years of dealing/investing in property i have never lost a penny on any property investment, put simply, there is a mass shortage in the uk. edit... domestic property. NOT COMMERCIAL. I was thinking the OP was more worried about the effect on current stock, but I could be wrong!
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Post by martin44 on Sept 29, 2020 17:22:10 GMT
You don't say why you need to know the effect.... but i can assure you that in 41 years of dealing/investing in property i have never lost a penny on any property investment, put simply, there is a mass shortage in the uk. edit... domestic property. NOT COMMERCIAL. I was thinking the OP was more worried about the effect on current stock, but I could be wrong! Ahh yes... i reckon you are right..
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Post by martin44 on Sept 29, 2020 17:25:14 GMT
If thats the case, then they seem to be properly over-priced... round here its 400k for a three bed on new build.. middle england with nowt much to shout about.
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benaj
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Post by benaj on Sept 30, 2020 5:44:56 GMT
Does anyone know of a good source of analysis on the effect of house prices on new properties being built in the area? My search results are swamped by house price effect and the virus (even if I put -xyz). Is there a calculation on estimating future prices based on the number of new builds : quantity of existing stock? Whilst other factors come into it like will everyone be able to work from home etc, but a starting point on calculating impact of new build quantity would be a place to start. nethouseprices.com/news/show/1846/will-my-house-be-worth-more-if-near-a-new-housing-developmentGenerally speaking, a good development increases prices of the surrounding area in the long term.
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Post by dan1 on Sept 30, 2020 8:16:37 GMT
Does anyone know of a good source of analysis on the effect of house prices on new properties being built in the area? My search results are swamped by house price effect and the virus (even if I put -xyz). Is there a calculation on estimating future prices based on the number of new builds : quantity of existing stock? Whilst other factors come into it like will everyone be able to work from home etc, but a starting point on calculating impact of new build quantity would be a place to start. On the off chance you haven't stumbled on it.... builtplace.com
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zlb
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Post by zlb on Sept 30, 2020 8:31:06 GMT
Does anyone know of a good source of analysis on the effect of house prices on new properties being built in the area? My search results are swamped by house price effect and the virus (even if I put -xyz). Is there a calculation on estimating future prices based on the number of new builds : quantity of existing stock? Whilst other factors come into it like will everyone be able to work from home etc, but a starting point on calculating impact of new build quantity would be a place to start. Seems like an open ended question, is the area going up and are the new builds adding to that (or the reverse)? Is there a shortage of housing in the area? What is the quality of the existing stock and how do the new builds compare? What do people like in the area, flats, houses, bungalows and how do the new builds fit in? Basic supply and demand, etc. Thank you, thinking about it this was my un-formed concern actually, as the build seems to be an attempt at regeneration without the demand necessarily. I can't quite see why. But I also understand as a FTB endlessly outbid by BTL investors that it feels like there is endless demand. And now that BTL companies are reducing?? Then maybe that's a factor, or are the press (and comments elsewhere on this forum) over-egging the demise of BTL companies...
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zlb
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Post by zlb on Sept 30, 2020 8:31:54 GMT
Does anyone know of a good source of analysis on the effect of house prices on new properties being built in the area? My search results are swamped by house price effect and the virus (even if I put -xyz). Is there a calculation on estimating future prices based on the number of new builds : quantity of existing stock? Whilst other factors come into it like will everyone be able to work from home etc, but a starting point on calculating impact of new build quantity would be a place to start. nethouseprices.com/news/show/1846/will-my-house-be-worth-more-if-near-a-new-housing-developmentGenerally speaking, a good development increases prices of the surrounding area in the long term. thank you!
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zlb
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Post by zlb on Sept 30, 2020 8:34:39 GMT
You don't say why you need to know the effect.... but i can assure you that in 41 years of dealing/investing in property i have never lost a penny on any property investment, put simply, there is a mass shortage in the uk. edit... domestic property. NOT COMMERCIAL. I was thinking the OP was more worried about the effect on current stock, but I could be wrong! yes, the impact on current stock - heritage stock, not C20th stock.
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zlb
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Post by zlb on Sept 30, 2020 8:43:02 GMT
You don't say why you need to know the effect.... but i can assure you that in 41 years of dealing/investing in property i have never lost a penny on any property investment, put simply, there is a mass shortage in the uk. edit... domestic property. NOT COMMERCIAL. I agree with you to some extent as ultimately most wealth goes on our home(s). However, there have been big drops in the last 41 years and recovery can take years. I think as long as interest rates stay so low there will be no crash. But if that changes.... Yes I've heard of this kind of drop on radio 4 phone in a few years back. I just wonder how much HS2 and future heatwaves will take pressure away from the south east.
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zlb
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Post by zlb on Sept 30, 2020 8:52:47 GMT
Does anyone know of a good source of analysis on the effect of house prices on new properties being built in the area? My search results are swamped by house price effect and the virus (even if I put -xyz). Is there a calculation on estimating future prices based on the number of new builds : quantity of existing stock? Whilst other factors come into it like will everyone be able to work from home etc, but a starting point on calculating impact of new build quantity would be a place to start. On the off chance you haven't stumbled on it.... builtplace.comthere's too much to stumble across that isn't reliable, thank you.
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