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Comments
- D. Hargreaves || I live in Bacup and know the area. Even with the reductions, these houses look vastly overpriced. I would not even consider looking at any of them unless they dropped 70%. When you see these astronomical prices, in an area with which you are familiar, it really brings it home just how badly this inflation has got out of hand. I think that house prices, in the UK in general, have got out of control and that there will be a big correction soon. -- left at Mon May 28 11:42:53 +0000 2007
- D Hargreaves || There are a lot of properties that have been on the market for three months or more and far more properties that have been reduced than I would have expected. At this time of year, I would expect the market to be in full flow. Perhaps the market is starting to turn? If, in a couple of months time, there are a number of propertie that have been on the market for 4-5 months, I would strongly suspect a market turn. I do think that the properties are generally overpriced in this area. However, that is just my opinion. -- left at Sun Jul 01 09:43:19 +0000 2007
- Dan Costello || There was a recent discussion on Rossendale Online and where the property prices were going for the valley. 10% reductions seemed to be average figure mentioned. -- left at Fri Oct 26 11:11:27 +0000 2007
- D Hargreaves || There are now a number of properties that have been on the market for 4-5 months. Also a large number that have have been on the market for 2-3 months. Overall, except for a few on the first page, the prices do not seem to be dropping that much. This looks suspiciously like the start of a significant downturn in the Bacup Housing market (low volume of trade at a market high). This is starting to fall in line with the national picture. Interest rate rises last year, and early this year, are now starting to bite. There is also a general tightening of credit by the banks. -- left at Sun Dec 02 10:21:42 +0000 2007
- D Hargreaves || It looks like there are a large number of properties that have been on the market for 6 months now. prices do not look to be falling very much yet though. People tend to be reluctant to drop prices when they have had a high valuation in the not to distant past. I don't blame them. -- left at Sun Jan 06 10:45:48 +0000 2008
- D Hargreaves || Land Registry data shows that house prices in Rossendale fell by 7.3% (Jan- March). Houses sold fell to 258 for the quarter. It is becoming increasingly more difficult to sell houses in Rossendale and many other parts of the country. There is less money going into the housing market due to the credit crunch. Also, loans are becoming more expensive at the same time as prices of everyday essentials such as fuel and food are rising. -- left at Fri May 30 10:42:56 +0000 2008
- Bacup babe of old!!!!! || My father & mother live in Bacup & I was born there, I know live in west sussex & over 10 years have invested in the south & the reward has been great. My advice is prices will go down & sellers have got to be fair & knock 10% off the price. But don,t be fooled when you see the likes of Asda, Tescos & homebase being built in Rawtenstall, you will find in the next 10 years trains etc for the commuters to Manchester. My thoughts are hold on to your house if you have one, anyone wanting to buy now try to knock 10 or 20% off the asking price. The houses will catch up with the south at some point & you should be qwids in, (just don,t run up hugh debts on credit cards or remorgageing & you will be ok). It,s all about playing the houseing game & the big guns like retailers do not move into a area that is in decline. If they do move out start worrying!!! Why do you think the retailers get the go ahead to build in these areas, the councils have a plan for the next 10 or 20 years!!!! -- left at Tue Jun 17 15:39:21 +0000 2008
- Bacup Chap of Old || I'm not convinced about Bacup people being 'quids in' with house prices. It could be a very long time before anything like that happens. Probably generations. House prices are overvalued nationally in my opinion and Bacup House prices are currently very over valued. It is also very difficult to get mortgages for many people. The age of 'cheap debt' is more or less at an end. Tesco's has come to Rawtenstall; Asda have also built a big new store. However, nothing like this is hapenning in Bacup. The Bacup town shopping area is but a pale comparison of what it was twenty years ago. Sure, you can easily get a new 'hair do' or a 'fast food takeaway'. But for many comsumer items, people have to travel out of town (5 miles usually). Some of the major banks have also left Bacup. Lloyds TSB and Bradford and Bingley have long gone. The commuter links to Manchester are fairly good in Rawtenstall. I'm not sure about rail links though. The East Lancs Railway does provide a way if the authorities do eventually decide to extend the Metrolink. It looks unlikely at the moment though. There is likely to be a squeeze on public finances in the years ahead. Also, the rail network cannot be extended to Bacup because building has been undertaken all along the route of the former rail lines. Bacup is not as good for commuting. First you need to get to Rawtenstall to get on the motorway (5 mile journey). This is probably OK if you set off early enough. However, it can take half an hour if your journey coincides with the 'school run'. There are often roadworks along this route that cause bottlenecks as well. Bacup has also had it's share of antisocial behaviour with gangs of youths drinking in the town centre and other places (not a pretty site). I know that many residents would not dare to walk accross the town centre during the evening. These youth's seem to be immune to the police. I heard one of them say that they are not worried about the police because the police are only interested in really serious crime. There seems to be an 'air of resignation' in the town that nothing can be done about these things. Anyone thinking of moving to Bacup (perhaps attracted by the surounding countryside), would most likely need to find employment outside of the town. The industry isn't what it used to be. There is the odd big manufacturing factory and people employed by the local Public Services. However, the footware manufacturing industry has gone and Rossendale is a major importer of goods from China. The footware industry used to be central to everything. There were numerous large factories manufacturing footware. They employed a good proportion of the Bacup residents. They did business with many small engineering works which gave further 'skilled employment opportunities'. At the moment, there does not seem to be anything supporting House Price Growth in Bacup. It will most likely see a severe correction over a number of years. One silver lining to this though is that house prices will become more affordable and people who are prepared to commute should be able to buy affordable housing in Bacup in two or three years time. -- left at Sat Sep 06 09:34:46 +0000 2008
- freedom to prosper || Most have been for sale for over a year and many of them I wouldn't have given. Miles from the Motorway and a road network that is always being dug up. No secondary school and miles from a hospital. -- left at Tue Sep 23 13:35:46 +0000 2008
- Bacup Chap of Old || What gets me about all this is that there are many houses that have been on sale for a year (give or take a couple of months) and the sellers have hardly reduced the price at all. The vast majority of house purchases are made through a mortgage. Credit is tight. It is extremely unlikely that the banks are going to hand out mortgages for the purchase of houses at the previous astronomical prices. If people want to sell their house they will need to be realistic about the price. -- left at Fri Sep 26 21:32:47 +0000 2008
- Angry Bacup tax payer || There is no chance of Rossendale capitalising on its attractions until there is a radical shake-up at the Council. The Council is run by people who are afraid of newcomers and try to deter them by refusing planning permission and dealing with them appallingly. The housing market in the Bacup area will go into freefall as the same Council will not invest in Bacup. I moved here a few years ago and now I am trapped - worst decision I ever made. Get some business savvy people on the Council - the problem can be solved if the will is there. -- left at Fri Dec 12 13:30:22 +0000 2008
- || Bacup babe of old //My god Angry Bacup tax payer - why the hell did you move to Bacup, now I come from Bacup & there are fantastic charachters in the area but people are trying to leave bacup & have been doing for years!!!!! You either moved for job reasons or got an the property bubble (DIY make me a millionaire now!!!) But I have to say what was once Fairview & it is now known as Pennine Road, if they are trying to sell there houses at £120000 plus now then there is something wrong with the houseing market in Bacup. Bacup chap of old I think you were right & I was wrong, they are over valued considerable. The council & Police need to get to grips with Bacup once they sort out crime, drugs & then benefit fraud in this area it will be a better place for all. Oh & the council should stop concrete slabs down over bacup town centre ( look back at history & see how the gardens & benches were much more attractive.) -- left at Fri Jan 02 19:24:18 +0000 2009
- Bacup Chap of Old || I agree about the town centre. It has huge potential but is a mess in my opinion. It is one of the few town centres that has not been ruined by making it into a a concrete shopping centre. It has some lovely old buildings and, at one time, had some good shops and pubs. In the not to distant past, it had some gardens with forms where the old folks used to be able to sit in the summer time. The authorities put a stop to that. Most of the good shops have now gone. Woolworths packed up over twenty years ago. Freeman Hardy Willis; Edwin P Lees; Electric Showrooms; several quality butchers shops; several newsagents; the King George Hotel; the Cinema; Burton's the Tailors; two quality Ladies outfitters; the furniture shop at the bottom of South Street; and probably several others that I have forgotton about. The market also seems a lot smaller than it used to be. The most enduring memory that I have of the centre is when the Co-op closed their hardware and soft furnishings store about fifteen years or so ago. On the day that it closed down, someone said to me that there was a sign in the window that read "Thanks to all the thieves who have closed us down". I now find the town centre to be an intimidating place. Groups of youths hang about the street and are happy to drink alchohol and argue with the police. If the police do manage to move them on, they make a nuisance of themselves in the areas just out of the centre. Bacup people often complain that Bacup is the last place on the council's priorities. I agree with 'Angry Tax payer'. The council don't seem to have a business ethos. It appears to me to be a town with a lot of people who depend on the state for a living. However, there are then some very nice housing estates on the outskirts. I think a lot of the residents of these areas work out of town and tend to do a large part of their shopping out of town also. 'Angry Tax payer' - I am not sure what problems you have had with the council or whether the 'petty crime problem' has had an affect on your business. One course of action would be to write to your MP and local councilors. I wrote to Janet Anderson on several occassions when I lived in Bacup. She usually responds. If enough people write to the authorities, perhaps they will eventually get the message. Bacup babe of old - What you say about 'people trying to get out of Bacup' is spot on. I left Bacup, in the not too distant past, and my quality of life has improved leaps and bounds. I can now buy the things that I need without having to make a ten mile round trip every time. The streets are much cleaner. I very rarely see gangs of youths walking about intimidating people. I can get decent nights sleep. I can pick up all the TV channels on freeview without having to buy a special ariel. I can get a decent internet connection. I can go jogging round the park without the fear of being mugged or stepping into something foul and smelly. I can go for a pint without having to look over my shoulder every minute. Even the weather is better and I have only moved twenty miles away. I am renting at the moment. However, when I eventually buy a house, it is unlikely to be in Bacup. -- left at Fri Jan 09 21:55:05 +0000 2009
- bacup babe of old || Hi all Just to let you know whats going on in the south they are knocking 50,75 thousand off the asking prices. There are a lot of worried people who have over streched thereselfs. Lots of 4 wheel drives going & family sensible cars being replaced. Everybodys taking pack lunches to work instead of paying over the odd prices in London. If you ask me it will bring people back down to earth. Angry tax payer how you doing, Hello bacup old chap We now Have Sir Steven a bacup boy to sort out bacup lets see what the new commisioner will do. -- left at Sat Feb 14 19:44:03 +0000 2009
- Angry Bacup tax payer || It would be great if the new Commissioner had some beef to sort out Bacup, as the local police (bless em) don't seem to have a plan. Let me offer a simple start - put up speed cameras all over the town especially on the main 4 entry roads, to teach people that Bacup won't tolerate anti-social people (at the moment they can do 70 in 30 zones) and to collect the revenue to spend on traffic calming improvements and gentrifying. Stop the "commies" on the Council from making their left-wing point by refusing planning permission for investment in homes (many want to keep Bacup poor for some misguided reason). Sack the thicko planners who wield immense power but don't understand regeneration, and bring their bosses to book for mismanaging the whole District. Or just let me outta here and back into the civilised world! -- left at Mon Apr 27 14:27:08 +0000 2009
- Bacup Chap of Old || Hello 'Angry Tax Payer' and 'Bacup Babe of Old'. I hope that you are both well. I listened to a talk on Commodity Watch Radio today about Detroit. Much of it's industry has gone and now and it's economy has collapsed. It is now possible to buy an house in Detroit for $100 (I kid you not). It made think, is this a possible scenario of Bacup's future. I hope not, . Here are a few more suggestions for the regeneration of Bacup. 1. Employ more people to clean up litter in the streets and have a zero tolerance litter policy with fines and such. Clean streets would be a start. 2. Zero tolernce on street drinking both in the the town centre and surrounding areas. If youths are breaking the law by drinking, intimiditaing or harassing, don't argue with them. Arrest and prosecute them. 3. Help businesses to get through these difficult times. I am sure that the council could help by reducing business rates or rents where applicable. 4.Council to adopt a business ethos. Audit all of it's policies to check the effects that they have on local businesses. 5. Poice and Environmental health - Adopt common sense approaches to tackling neighbourhood disturbances. If an elderley resident complains about youth disturbance, take it seriously. Don't try to brush it under the carpet. -- left at Sat May 16 22:45:55 +0000 2009
- Bacup Babe of old!! || Hi Angry Bacup Tax Payer // Still there then, I agree speed cameras, unfortunately the drug addicts of bacup might form a queue thinking it is were they get there next fix from (speed) ha!. On a more serious note why don,t you write to sir Steven to see what his plans or for Bacup & it,s crime level etc. Unfortunately the reason why bacup looks like it is because I think it has something to do with property developers, Councils let the house,s go to pot then developers pay for the land build newer houses sell them at twice the price (behind the fire station in bacup is an exsample). If I were you I would put your house on the market at a reasonable price & get the hell out it is only going to get worse. The best person to see Nigel Entwistle Green in Rawtenstall. Good luck keep smiling. -- left at Mon May 18 22:06:44 +0000 2009
- Bacup Babe of old || Hi Angry Tax payer// Bacup chap of old, hope you both well & happy now summer is approaching. I think you two should stand for Councillors next election you would both do a lot better than the lot we have in now. Just give you an up date of the houseing market down here (south) a house not for from me on the market for £895,000 (the owners just excepted £725,000) now that is a drop in the asking price. Angry tax payer have you put your house on the market yet?? hope to here off you both soon. -- left at Sat Jun 06 20:18:10 +0000 2009
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