The house prices have dropped quite a bit down our way Alan. My mother-in-laws place has been on the market for about a year with various buyers pulling out, in that time the price has dropped by £35k. Her place is a terraced 3 large bedrooms with rear vehicular access, requires some work mind and is going for £105k! When at their height a good example were fetching circa £165k.
I'm tempted to get mine valued, but worried incase it has gone the other away. At one point it was circa £250k, now more like £200k if I'm lucky. Still on a fixed rate until August............so I'll be seeing a large drop
