How far will Newcastle house prices fall?

[paul29uk]

Im thinking of waiting until the end of next year to buy a house due to current prices. I've heard reports that pices in 2013 will be the same as 2003 prices..what do you guys think? At the moment im looking for a house around the £270-£300k mark. These were going for around £330k last year.

[Withnail_And_I]

Who knows?

I bought my upper flat last year for £187k. Maybe it was a bad move and I should have waited, but who cares I love it and didn't want to wait. Maybe in 3 or 4 yers things might get back to normal. As long as I have money to pay the bills and buy food and alcohol I don't care.:)

[michelles]

Possibly another 30-40% by the end of next year.

[paul29uk]

if jesmond house prices go down that much i will be laughing ;)

[heaton1979]

I think at the moment are just steadying off, any estate agents out there like to contribute?

[CHeezer]

I think were close to our dip i now more folks lost their job at panasonic today but there can't be much more to go in the northeast, the car industry will pick up soon as the car fleet folk will have to replace the ones they didn't last year as they don't want the hasle or cost of doing repairs etc etc

[daveylad]

One of members is going to be posting official stats for you guys next week for the tyneside area, depending on house type ect--so we can see the figures in black and white.

[Stavros]

I will come back to this in a year, I bet they will fall another 15% from nov 2008 figs of newcastle house prices and gateshead house prices that bobby brown posted here.
http://www.tynesideforum.co.uk/forums/showthread.php?t=183
:)