Hello all,
This is the first time I have posted on this website. After reading some posts I can now understand why Kingsway has such a bad reputation. This website, although I am sure is beneficial and therapeutic in some cases is only serving to fuel the fire that Kingsway is a horrendous place to live.
I must admit I do not like living in Kingsway and have attempted to move 3 times since moving in, in 2008. Approximately 6 months after I had moved in I had my house valued and it was valued at approximately £3000 more than I paid for it, but I was unable to move at that time so had to delay plans. I had my house valued the other day and it was valued £10,000 less than I paid for it in 2008. This is in part due to the current housing market but the negative publicity and stereotypical hype this website creates which then gets published by newspapers and gossiped about by people (who both live and do not live here) has only helped houses fall into negative equity. After all it was through gossip about how bad Kingsway was by someone who doesn’t live here who told me about this website.
New houses are being sold above market value with amazing deals attached to them to lure buyers in (even lying about where social housing has been built to not put certain people off), however these houses are being sold way above what people on the open market are willing to pay for them once home owners come to sell their once brand new homes on. This is the reason mortgage lenders require a 20% deposit when someone is buying a new home, as 9 times out of 10 they are sold above market value and are often sold on for less than people originally paid for them.
Furthermore, it appears that part of the reason people are not willing to pay more than $140,000 for a three bed semi-detached house with a garage and a large garden is because Kingsway is seen as an awful place to live, with crime being committed every 5 seconds, bored teenagers vandalising property like it is going out of fashion and HA tenants causing ASB to all us private buying folk (may I add at this point I do not support or perpetuate any such opinion, as I do wish to engage in discriminatory babble).
Estate Agents that came to value my house were of the opinion that the majority of houses in Kingsway will never reach a second time around, what was paid for them in the first instance and this is just something I have to accept (meaning realistically I cannot move for 3-4 years whilst I overpay on my mortage and save a 20% deposit).
A culture of moaning and negative discourse are extremely easy to create and it appears this website, in the most part, has achieved such. But surely is it not better to use this website as a positive vehicle for Kingsway and not make a bad situation any worse? Encourage people to make changes rather than telling them they are wrong, stop discriminating and emphasising an unnecessary divide encouraging a them and us culture and just remain positive and inclusive with the view of bringing about an positive change and not further tarring the area with a wholly derogatory reputation.
Many Thanks,
Tolly