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House Pricing

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    #21
    Originally posted by Menelaus View Post
    Yep, the property is fairly unique in its area - lots of 3-bed semis around, this is a 4-bed detached with the garden, garage, the whole nine yards.
    Maybe, but because it is different that doesn't necessarily increase it's value by as much as you might expect.

    Anyway, you said greater london. So using halifax numbers here:-

    http://www.hbosplc.com/common/includ...ulator_lbg.asp

    Suggests £311k.

    Honestly, anybody thinking they have a hoising asset which has increased in value in London over the last 2.5 year is probably in a world of thier own. Caveat is if they have made substantial improvements.

    Comment


      #22
      Originally posted by ASB View Post
      Maybe, but because it is different that doesn't necessarily increase it's value by as much as you might expect.

      Anyway, you said greater london. So using halifax numbers here:-

      http://www.hbosplc.com/common/includ...ulator_lbg.asp

      Suggests £311k.

      Honestly, anybody thinking they have a hoising asset which has increased in value in London over the last 2.5 year is probably in a world of thier own. Caveat is if they have made substantial improvements.
      The house I'm looking at is in the country but **** me sideways with a banana - it's suggesting £320K.

      ****it, I'm too nice. Grr.

      Comment


        #23
        Originally posted by Menelaus View Post
        The house I'm looking at is in the country but **** me sideways with a banana - it's suggesting £320K.

        ****it, I'm too nice. Grr.
        It's pretty savage out there. I recently (jan) offered 155 against a 195 ask on a property that sold for 230 early 07. Got turned down flat. I had the agents on the phone the other day asking if I was still interested.

        Comment


          #24
          Originally posted by ASB View Post
          It's pretty savage out there. I recently (jan) offered 155 against a 195 ask on a property that sold for 230 early 07. Got turned down flat. I had the agents on the phone the other day asking if I was still interested.
          To which the suitable response is "Sure, £140k and I'll take it".

          Comment


            #25
            Read Here ...

            http://www.housepricecrash.co.uk/for...p?showforum=22

            You are aiming too high IMHO

            Comment


              #26
              Originally posted by TykeMerc View Post
              To which the suitable response is "Sure, £140k and I'll take it".
              Actually would have offerred 147 second time, but I was already on the point of exchange somewhere else.

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