How long did you stay in your first home for?

[phoria]

The first one you ever bought I mean. And how much equity did you have when you sold it? Just curious. :)

6 years, and left with £120k equity BUT I had quite a hefty deposit (50%) when I bought it as well as renovating it and increasing its value and benefiting from a raise in the market (although that is all relative as I had to buy somewhere else)

We bought in 1989 and stayed five years.

We were in negative equity and lost £20k when we sold it, but we gained massively on the next house. We were able to go from a two bed terrace to a four bed detached in a much nicer area.

2 years - 10k equity (Surrey 1997) 2 bed flat
4 years - 60k equity (Surrey 2001) 2 bed house
18 months - 40k equity (Suffolk 2003) 3 bed house
2 years - 5k equity (Sussex 2004) 2 bed house
2 years - 18k equity (Surrey 2006) 3 bed house
7 years - 23k equity (Norfolk 2014) 4 bed house
3 years - 48k equity (Norfolk 2017) 4 bed house

We're downsizing now, to make our financial situation more secure as my health is poor and I'm no longer able to work. Not mortgage free, for various reasons, but we have a plan and pension arrangements. (We're in our 40s).

That's a lot of house purchases, TheGoodWife16!

We had it almost 3 years, in a desirable and growing location with improving transport links and at a time when property was booming.

I think we got about €60k equity in it when we sold. (Not including what we'd ploughed into paying back the capital part of the mortage - probably not a lot). But we bought another house straight away costing more (our earning capacity had also improved so we could get a bigger mortgage also). Over 15 years ago.

Between the ups and downs of that, it is currently worth more than we paid for it and we have extended it during that time, but the bank still owns a chunk for another few years yet. No intentions to move.

Bought four years ago, just sold. Made 120K. South east

Still in mine bought for £28k in 1998. Next door just sold for £160k. We have 7 years ish left on mortgage

Bought it and sold it within 2 years for double what I paid meaning I had a large cash sum for a deposit for the next house, this was 16 years ago well before the bubble burst!

Owned it for two years, have been searching for the next one for a year. We did live in a flat owned by DH for 18 months and then rented out when we bought a house.

I've been here a year and a half. Bought for 148k and had it valued as we were moving until I found out I was pregnant. Valued at 210k. So if it sold at asking price which it does in my city if not more we would have had 70k equity

I know! An unsettled period in our lives when we just couldn't find our 'happy place'.

18 years and still here! It has £350k of equity in it. We are trying to move at the moment but it has fallen through just before exchange twice.

9 years. 135k equity.

First house 2 years, doubled in value

This house just over 3 months (have spruced it up) and gained £125,000 in value according to the agent (spent about £15k)

1 bed flat, bought 2001 for £49,000. Sold it 2003 for £55,500.
Have had 2 other houses in between, one making a £50,000 profit, the other we lost £25,000 as the credit crunch struck.
Current house originally a 3 bed semi bought 2011 for £200,000. We extended it to get a 4th bedroom and shower room (spent £40,000) Now worth around £280,000.
Don't intend moving again.

7 years, sold for £78k more than we bought it for

7 years
Bought for £26500
Sold for £99995

3.5 yrs and had £90k equity. We'd spent about 25k doing it up though.

2 months short of 10 years. Sold for £55k more than bought but obviously had more equity.

Yes 6 months. Period in rented because we moved so quickly. Spent a year saving to buy something working all hours then spent 6 months doing it up whilst living in it. Tiny studio flat. Made £6000 and moved into a house. Then dp got a different job based in another area and we moved again.

Ended up because of the type of job it was living for between 1 and 3 months in most of the country's towns and cities.

I ended up going with him otherwise I would never have seen him

3 years (2001-2004). House doubled in price - made £70k.

House 2 - owned for 4 years (2004-2008), made about £10k on it, sold it for £25k more than we paid but had spent about £15k.

House 3 - purchased in 2010, still here. Its increased in value by about £260k but have spent about £100k on it.

Bought for £138k, sold for £180k just short of 7 years later. We spent about £20k on it but fairly early on so got the "use" out of it.

Just over 3yrs. Bought for £206, spent £30k on it, trying to sell now for £290. So made about £60k. But most of that will be inflation and rising house prices

6 years. Bought 2000 for 91k, sold 2006 for 200k.
Thank God we bought before the local housing boom went completely mad.

Bought a beautiful flat in central London for an absolute steal, 18 months and 2 babies later we moved overseas. We still own that flat, I would love to live in it again one day.