Cornwall Property prices doubling in two weeks?

[OwlHoot]

I was quite impressed by this place in deepest Cornwall

5 bedroom detached house for sale in Trenear, Helston, Cornwall TR13 - 30222937 - Zoopla

until I noticed it had last been sold on 26th Sep 2013 for £289,000 and was put up for sale barely two weeks later on 12th Oct 2013 for £499,950 !

Either that first date is a typo, for 2003 perhaps, or this is one of the cheekiest piss takes in property marketing history. I mean in two weeks they'd barely have had time to move in, let alone give the place a makeover.

Maybe I'll ring the estate agents first thing on monday, and offer £400K, pointing out the huge profit the vendor will still be making.

[MarillionFan]

£289k was cheap for all that anyway. You sure the house and the rest weren't sold separately and then added together.

[Gittins Gal]

That's great news! My old man's place is on the market to pay for his care. Perhaps we can crank the price up a bit!

[OwlHoot]

£289k was cheap for all that anyway. You sure the house and the rest weren't sold separately and then added together.

Ah yes, that's another possibility.

[d000hg]

Prices in Cornwall are very hard to judge as properties tend to be unique, especially outside of a town. It's entirely possible the person selling it underestimated the value or wanted a quick sale, and the buyer spotted an amazing opportunity.

[OwlHoot]

Prices in Cornwall are very hard to judge as properties tend to be unique, especially outside of a town. It's entirely possible the person selling it underestimated the value or wanted a quick sale, and the buyer spotted an amazing opportunity.

That's what I thought, but surely an estate agent wouldn't under-value something so much (assuming £500K isn't a gross over-valuation).

MF's suggestion sounds the most plausible though, as land is about £10K an acre in the south west.

[AtW]

Original buyer added a dog house and sold it for twice as much.

HTH