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Newcastle Metro Area For Newcastle, N Tyneside, Gateshead, S Tyneside, South Northumberland


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Old March 23rd, 2013, 07:19 PM   #681
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Quote:
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Prices still edging down to be fair. Could do with coming down a good bit more, but you feel that this would require state intervention which won't happen.
Nope, it's state intervention that has kept them where they are. Have a look at Ireland as a comparison.
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Old March 23rd, 2013, 08:25 PM   #682
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Pitt Street Flats

The Pitt Street flats are now demolished.

This shot taken last year:



These shots taken today - 23r5d March 2013:












Images hosted on http://ellwood.fototime.com/Arthurs%20Hill%20Area
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Old March 23rd, 2013, 08:30 PM   #683
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Had a look at the old HPC forum just the other week. Still various people convinced that they will be scooping up bargain houses if they just wait another year. Prices still edging down to be fair.
Are they "edging down" to the tune of a year's rent every year?
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Old March 23rd, 2013, 08:45 PM   #684
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Steve, what was wrong with these flats as they looked to be perfectly good to me?
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Old March 23rd, 2013, 08:53 PM   #685
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Steve, what was wrong with these flats as they looked to be perfectly good to me?
There were plans to develop student accommodation on the site but that has recently been withdrawn.
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Old March 23rd, 2013, 08:54 PM   #686
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Had a look at the old HPC forum just the other week. Still various people convinced that they will be scooping up bargain houses if they just wait another year.

Prices still edging down to be fair. Could do with coming down a good bit more, but you feel that this would require state intervention which won't happen.
It's state intervention that is keeping prices high. If the market was allowed to function as it should, interest rates would be higher and property prices lower.

People who took on too much debt would suffer (some would say, get their just desserts)
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Old March 23rd, 2013, 08:58 PM   #687
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Lower prices will only happen when a majority of owners are prepared to sell their property at a loss. And few have shown much willingness to do that.
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Old March 23rd, 2013, 09:05 PM   #688
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Lower prices will only happen when a majority of owners are prepared to sell their property at a loss. And few have shown much willingness to do that.
True, but the loss would generaly involve those who bought at or near the peak.
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Old March 23rd, 2013, 09:12 PM   #689
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Are they "edging down" to the tune of a year's rent every year?
Indeed, not! But doubtless all of those who have sold to rent will have their capital in whatever is returning 10+%pa at the moment. Used to be gold as I recall.
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Old March 23rd, 2013, 09:41 PM   #690
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Hill Court Demolition

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There were plans to develop student accommodation on the site but that has recently been withdrawn.
Hill Court was managed by YHN but now as we see above is demolished.
The facility was the emergency accommodation for the city council.
The newly built replacement facility is called Cherry Tree View (Wentworth Court) off Elswick Road.

http://publicaccess.newcastle.gov.uk...=M9TF6XBS09700

I understood the plan was to simply grass over the area although could be a development opportunity for NCC if they wanted to sell the land?

The student accommodation plan now withdrawn was on the other side of Pitt Street and was to overlook Sintons on Barrack Road who objected.
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Old March 23rd, 2013, 09:47 PM   #691
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There were plans to develop student accommodation on the site but that has recently been withdrawn.
Bit of a waste as these are solid looking flats. Anyone considered converting them, which would have been cheaper. ( Salford did this with three vandalised and unpopular but structurally OK tower blocks, which they sold to the university).
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Old March 23rd, 2013, 11:14 PM   #692
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Quote:
Originally Posted by Adrian_Swall View Post
Hill Court was managed by YHN but now as we see above is demolished.
The facility was the emergency accommodation for the city council.
The newly built replacement facility is called Cherry Tree View (Wentworth Court) off Elswick Road.

http://publicaccess.newcastle.gov.uk...=M9TF6XBS09700

I understood the plan was to simply grass over the area although could be a development opportunity for NCC if they wanted to sell the land?

The student accommodation plan now withdrawn was on the other side of Pitt Street and was to overlook Sintons on Barrack Road who objected.
Yes I see that now - the refusal was on the other side of the road , corner site, Wellington Street and Pitt Lane junction.

I remember when the residents affected by the recent floods in Newburn were offered accommodation in Hill Court they turned their noses up at it.
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Old March 23rd, 2013, 11:31 PM   #693
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Don't blame them!

The flats were built in 1974 so really were not fit for social housing nowadays.

Of course there is also a plan for a block St James' Point? on the 'Magpie Club' corner so this whole compact Pitt Street area could have become very built up if all potential schemes were realised.
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Old March 24th, 2013, 04:34 PM   #694
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I still think it's a waste of what looked like perfectly good low rise brick flats and no doubt handy for Toon fans. By all means if the flats were hard to let and in poor condition get rid of them, but Pitt St looked fine to me. If the uni was to acquire this land, surely the fifties flats could have been modified for student use such as a concierge.
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Old March 24th, 2013, 06:26 PM   #695
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This is prime land, I doubt it will take long for it to be developed (at least when the market does recover) no matter if it student accommodation or even if NUFC bought the land to develop.
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Old March 24th, 2013, 07:20 PM   #696
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Originally Posted by Adrian_Swall View Post

Don't blame them!

The flats were built in 1974 so really were not fit for social housing nowadays.

Of course there is also a plan for a block St James' Point? on the 'Magpie Club' corner so this whole compact Pitt Street area could have become very built up if all potential schemes were realised.
In what way were they not suitable, not built to a high enough standard or needing repairs?
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Old March 24th, 2013, 07:38 PM   #697
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The flats were built in 1974 so really were not fit for social housing nowadays.
They would have been built to Parker Morris standards of space provision so I'm sure that the powers that be would not consider them suitable for modern social housing.

Rabbit hutches are good enough for the proles!
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Old March 24th, 2013, 08:01 PM   #698
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Hill Court Demolition



Search 'Hill Court' on the NCC planning portal to see all the documents.
Says there weren't suitable by modern standards.
This was emergency accommodation so was used by some people fleeing domestic abuse etc with children in tow so not wholly suited to that purpose.
There were bars on the windows on the ground floor.
There is now a new facility which has been purpose built.

If someone had come forward with a plan to take over and renovate I'm sure the council may have listened?
Would guess though that you could get a much better scheme on that large plot.
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Old March 24th, 2013, 08:39 PM   #699
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Quote:
Originally Posted by Adrian_Swall View Post


Search 'Hill Court' on the NCC planning portal to see all the documents.
Says there weren't suitable by modern standards.
This was emergency accommodation so was used by some people fleeing domestic abuse etc with children in tow so not wholly suited to that purpose.
There were bars on the windows on the ground floor.
There is now a new facility which has been purpose built.

If someone had come forward with a plan to take over and renovate I'm sure the council may have listened?
Would guess though that you could get a much better scheme on that large plot.
I suspect that they were not suitable by modern standards in as much as a speculator could cram loads of student hutches onto this land.

There was a company(charity?), North British Housing I think it was called, in the mid 1980's which used to take over hard to let council flats and do them up to modern standards then sell them. They did some blocks by the Kenton shops, some near Newbiggin Hall and the Rochester dwellings in Walker which became Kingsmere gardens.

Ordinary homes for ordinary people, what a strange time that was!
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Old March 24th, 2013, 08:42 PM   #700
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So perfectly adequate low rise blocks of flats went because they weren't modern enough. But surely there are even older estates in Newcastle like Cowgate, with its massive social problems and crime, that didn't get a visit from the bulldozer.
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