QUOTE (BearShaped @ Dec 19 2007, 11:47 AM)

I'm in Bishops Cleeve, north of the racecourse, mainly new build estates around a large village. Has been double digit growth since 1999 until early 2006, seems to have been pretty flat since. Usual scenario, same properties on the market for months before being remarketed through different agents. Any that have Sold signs outside usually come back on the market after a couple of months. I sold in 2005 and same property is now only 10% higher (Asking price).
Cotswold villages seem to be holding up well, my parents live in the sticks and they haven't got a clue whats really happening.
Just thought I'd see if anyone out there in Gloucs has noticed any price falls and ask whether you went ahead and offered on the house you went to see, BearShaped?
As I thought, Cotswolds is holding up (all those bloody weekenders) but a quick peek at Property Snake shows Stroud has quite a few reduced properties, including one 3 bed in Woodchester that is down by £60k from £289k to £229k. Mind you, no one in their right mind would have paid £289k for it.
I also know of someone in Stroud who has a very ordinary3 bed modern semi - started out at £220k and steadfastly refused to consider any lower offers, is now plaintively inviting 'offers in excess of £180k' and there are loads of other examples.
Still, you wouldnt want to move from Bishops Cleeve to Stroud! But I think Cheltenham will see some falls, lots on the market but I havent been monitoring it as not so close to home.