*****Calling estate agents or those in the know***** maybe even surveyors?

[isheisnthe]

does anyone know the average price difference in the south east between a semi detached house and a terraced house?

I have had a valuation carried out and the guy must have had his eyes closed as he has said my house is terraced - its not - does this make a difference?

it does - when we bought ours it made a 15k difference (2005). I would bring it to their attention.

And it depends on the type of house - in my street of victorian terraces the one next door is also detached but only by a couple of inches - still made a difference just not as much as the five feet difference with mine. So comparing like with like can be hard - what type of house do you have? Can you compare with others in your road/area?

its new build (moved in jan 2008) and 3 good size bedrooms, massive kitchen diner and a good size lounge - just looked on right move and the average price of a semi sold last year in this areas was around the 240 mark where as a terraced house of a similar size went for an average price of just over 200 -

I paid 247 for it last jan and they have valued it at 204, I was expecting a significant drop but huh? also, he seemed to walk round with his eyes closed and only wanted to know what I paid for it - which I didnt feel happy with as what relevance does that have on what its worth now?

It was almost like he just looked at what was paid, how much they have gone down and thats how he got a price rather than valuing it properly if you see what I mean?

Use this to calculate it and see if that valuation improves - it does sound low. Was it an estate agent who is going to be selling it - maybe he just wants the sale?

www.hbosplc.com/economy/housepricesbypostcode.asp

www.hbosplc.com/economy/housepricecalculator.asp

sorry, this one

it was valued by an independant surveyor, its shared ownership so thats how you have to do it.

another question, it says that it does not have the £new build premium" - hats that - they are still on site selling them at teh same price I paid also!"

lots of people like to buy only new houses and they command a premium, yours is now 'second-hand'.

Have you pointed that they are still on sale for that price?

Also, if it's shared ownership will the housing association be sharing part of the downturn? If so you will be able to buy another at a reduced price because the market has downturned.

Could you sell it back to the builders as they're still selling them for what you paid?

they don't do buy back - I am happy that I will have lost somemoney - its a bonus they are selling the same house for the same price if I market under then someone is bound to go after this one instead - but 40K - 20 I expected, 40 - no way