£120 is a bargain£

I should have stated ebygomm – houses smaller than mine in the same street are being sold 25-35K more than what I paid and yes their sfor sale price was much higher and being knocked down so I am still chuffed but if I wanted to sell I should have done so in 2007 but I am to be tight fisted.

For me best to rent, take out a mortagage on the property and pay a 30K deposit near the local Uni with 3-4 bed rooms and fix it up fit for King or student prince anyway.

Doesn’t matter what house prices are so long as you are buying and selling in the same market.

But I reckon they still have a long way to go down.

Spot on, which is why I’m not too worried about waiting until next year at least before getting back on the ladder. Houghton-le-Spring may well dip a bit more but as long as you want to buy around there you shouldn’t lose out, especially as that price is 1st time buyer territory.