Bang on, things are worth what people want to pay, not what an estate agent says.
put a property in a auction, what ever it gets bid/ sold for thats its WORTH, they are buying it!!!!
you can see by the replys this thread has it is a worry on every bodys mind!
i just bought a house outside leeds, for buy to let, 2 bed terrace £40,000 and i get £450 a month rent!!
compard to property in brighton, i own a 2 bed flat paid £315000 for it!!! big moregage!! so i for one am...