What does £400,000 buy in your area?
What does £400,000 buy in your area?
Author
Discussion

zcacogp

Original Poster:

11,239 posts

275 months

Wednesday 16th July 2008
quotequote all
Chaps,

There is much tell of doom and gloom on here, particularly with regard to property prices.

Now, I'll confess, I don't get out of London half as much as I'd like, therefore I don't have much of a view of what property costs elsewhere in the UK.

So ... imagine you are looking for a pad in your area. You have a reasonable chunk of cash to spend - let's say £400,000. (I know this is considerably above the average property value in the UK, but I am looking from a London perspective and the average price in London is somewhat higher than the average price across the UK.) What does that £400,000 buy you in your area? Post a link to an advertised property at this sort of price, with a short explanation of why it's a decent place to live in.

No criteria - big garden/no garden, lots of stairs/bungalow, new build/old build makes no odds. Just choose.

Mine, here. It's small, but in a quiet mews off a good street. It will be quiet, and seems pretty well laid out. 5 minutes to Roman Road shopping, less than 10 minutes to Mile End tube (big station on 3 lines.) Downside is on-street parking and no garden, but that applies to 99% of houses 'round here.


Oli.

ETA:Please state in your post which area you are in ... that would be most helpful, thanks! (I'm in East London.)

Edited by zcacogp on Wednesday 16th July 10:40

andyquantum

13,204 posts

235 months

Wednesday 16th July 2008
quotequote all
Most of the village I think

Fezant Pluckah

1,711 posts

242 months

Wednesday 16th July 2008
quotequote all

Jasandjules

72,680 posts

260 months

Wednesday 16th July 2008
quotequote all
There is a new development about 2 roads from me, £400,000 buys you a 4 bed detached bungalow with a single garage and about 30ft worth of garden.

But, a 4 bed detached with double garage in the same area was up for £375,000.

Edited by Jasandjules on Wednesday 16th July 10:39

Simpo Two

93,053 posts

296 months

Wednesday 16th July 2008
quotequote all
First one I found round here is http://www.anderson4homes.co.uk/property_detail.as...

It depends a lot on estate/non-estate and character. For example my house is a modernish 3-bed estate jobbie worth about £200K, but the same accommodation if ancient and in the 'much sought-after' town centre just 1/4 mile away might be double that.

Vixpy1

42,699 posts

295 months

Wednesday 16th July 2008
quotequote all
4 Bed Detached... in a stty part of town.. just.

Chainguy

4,381 posts

231 months

Wednesday 16th July 2008
quotequote all
http://www.s1homes.com/buying/search/2008062010435...

It's Jockland, so with the offers over system, they are probably looking for about £420,000, but in this market, if you dont ask, you dont get.

5 double bedrooms, 2 en suites etc etc.

10 Pence Short

32,880 posts

248 months

Wednesday 16th July 2008
quotequote all
http://www.findaproperty.com/displayprop.aspx?edid...

Situated in a quite corner of the Eden Valley between the upper Pennines and the Lake District.

paoloh

8,617 posts

235 months

Wednesday 16th July 2008
quotequote all
Not a lot!

bigTee

5,546 posts

252 months

Wednesday 16th July 2008
quotequote all
8 bedroom semi

http://www.rightmove.co.uk/viewdetails-16557875.rs...

or a 7 bedroom detached


http://www.rightmove.co.uk/viewdetails-15850484.rs...




In stoke hehe



Edited by bigTee on Wednesday 16th July 10:41

maxrider

2,481 posts

267 months

Wednesday 16th July 2008
quotequote all
In Swindon it buys the council a shed load of speed cameras. irked

anonymous-user

85 months

Wednesday 16th July 2008
quotequote all
2 bed flat - Lilliput, Dorset!

Chainguy

4,381 posts

231 months

Wednesday 16th July 2008
quotequote all

phib

4,520 posts

290 months

Wednesday 16th July 2008
quotequote all
In Chobham in surrey Not a great deal in the country !!!!

2 bed flat
http://www.rightmove.co.uk/viewdetails-10406922.rs...

3 beds are £425,000

or

0 Bedrooms
0 Bathrooms
0 Reception rooms

http://www.rightmove.co.uk/viewdetails-18491893.rs...

Edited by phib on Wednesday 16th July 10:44

andyquantum

13,204 posts

235 months

Wednesday 16th July 2008
quotequote all
andyquantum said:
Most of the village I think
OK, I couldnt find one for £400k, but here's a 6 bed detached about 10 miles away for £385k which pretty much backs into Sherwood Forest



Or a 5 bed down the road for £384k




chris_w666

22,655 posts

230 months

Wednesday 16th July 2008
quotequote all

rich1231

17,340 posts

291 months

Wednesday 16th July 2008
quotequote all
Not much

Thundersley... SS7

Edited by rich1231 on Wednesday 16th July 10:49

sleep envy

62,260 posts

280 months

Wednesday 16th July 2008
quotequote all
a shoe box with no garden - NW London

Grey Ghost

4,611 posts

251 months

Wednesday 16th July 2008
quotequote all
I'm on Chafford Hundred and £400K round here will get you 4 or 5 beds (usually 2 en-suites), 2 or 3 reception rooms, double garage plus off street parking for 2 more cars, nice garden, good neighbours and an easy 10 minutes or so walk to the station with 35 minute service to Fenchurch Street. I'm also 5 minutes from M25/A13 junction and can be at Ebbsfleet station in under 30 minutes when using Eurostar, which is nice thumbup

Not many good 4 beds for sale currently though biggrin Although several under £400K in areas frequented by kids and our Nigerian scammer friends if you don't know where to buy tongue out

Knick Pee

29,977 posts

282 months

Wednesday 16th July 2008
quotequote all
400k round my way gets a lovely great place.

Mind you, it is Lincoln.