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Altrincham/hale/halebarns

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Given up on even thinking about buying in Hale. We've been looking today at the Dunham end of Altrincham, Oldfeld Rd, and there is potential there.

Worse, been talking to EAs lately and every house I enquire about, no matter which one, the robot just says 'inundated' or 'already had full offer' etc etc.

Describing Oldfield Brow as 'The Dunham end of Altrincham' made me smile. Thats like calling Broadheath 'West Timperley'.

Also, if you keep looking at Altrincham/Hale despite thinking that the prices are too high, doesn't that suggest that there is a genuine reason where prices in the area are higher than,say, Sale. I love living here and I understand and am happy to pay the premium.

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Worse, been talking to EAs lately and every house I enquire about, no matter which one, the robot just says 'inundated' or 'already had full offer' etc etc.

I give up.I have 20% deposit, a mortgage in place and STILL vendors are wanting big increases round here, and worse, there seems to be people happy to pay.

What price range you looking in?

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Will pay no more than 220k.

Plenty of 3 bed semi's in Timperley for that kind of money - and much of it in far nicer locations than the bits of "Hale" you'd get for that price. And in Sale, too. All IMHO, of course.

TBH, at under £250k, I don't think Hale offers much in the way of value. Mind you, if you want to do a bit of updating, there is stuff like this: http://www.rightmove.co.uk/property-for-sale/property-29987932.html

Could be worth a shot?

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Plenty of 3 bed semi's in Timperley for that kind of money - and much of it in far nicer locations than the bits of "Hale" you'd get for that price. And in Sale, too. All IMHO, of course.

TBH, at under £250k, I don't think Hale offers much in the way of value. Mind you, if you want to do a bit of updating, there is stuff like this: http://www.rightmove.co.uk/property-for-sale/property-29987932.html

Could be worth a shot?

Thought about that one. Been on the market for ages, had a paltry £5K drop since Xmas. Don't see those houses being worth more than 200K and with the work it needs, I'd consider £165-170K. However my wife says it is too far (walking) from both centres. Ditto she has veto-ed a probate house I am watching. She is fast earning the nickname Goldilocks. I don't think we could do anywhere east of Sandileigh Avenue really.

Lots of stuff on Moss Lane/Stamford Park road on/coming on the market. All those buyers from the heady days of 2007, free love on the mortgage market, happy to have snagged a 2 bed terrace now having to move because its too small, just as the market is teetering on the edge of implosion. I feel a twinge of sympathy but then I tell myself to get a grip. You make your bed, then you have to lie in it.

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Just viewed one on Seaman Road, just off Oldfield Rd in Alti. It's an OK 3 bed. Bought 2009 for 194k on at 215k. Aparantly, vendor insisting on full price. I did ask the EA as to why they felt that they'd accrued 10% in a market whereby they should have, at best, stayed still. Ea said that they'd decorated inside.

It's all very well what figures say from Nationwide, but people are still have their head in the clouds - and where are the EAs giving them advice that even my toddler can work out!?

I don't like renting but it sure as hell beats buying when you're dealing with these people.

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Just viewed one on Seaman Road, just off Oldfield Rd in Alti. It's an OK 3 bed. Bought 2009 for 194k on at 215k. Aparantly, vendor insisting on full price. I did ask the EA as to why they felt that they'd accrued 10% in a market whereby they should have, at best, stayed still. Ea said that they'd decorated inside.

It's all very well what figures say from Nationwide, but people are still have their head in the clouds - and where are the EAs giving them advice that even my toddler can work out!?

This one?

http://www.rightmove.co.uk/property-for-sale/property-37284431.html

Pleasant house and looks to be in decent order but I think it's really a bit too far down Oldfield Rd. There's some rather 'odd' houses down there with those 'prefab' bungalows etc. Quite a hike into Alty too but good for walking into Dunham along the canal. Back towards John Leigh park would be better.

With your toddler you'd want to consider school catchment too and I'm not sure where that would be.

On the plus side it's well away from the Chester Road which is constant choking diesel fumes. Plus it's not Timperley or Sale so points for that too.

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Unless looking for a church school it would be Oldfield Brow. I don't know anything about it other than the 'outstanding' ofsted. That area would suit me as we like Dunham (used to spend a lot of time there when lived i Manc) but Alty and the bus/tram are close enough for me. Not seen any suitable houses though.

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This one?

http://www.rightmove.co.uk/property-for-sale/property-37284431.html

Pleasant house and looks to be in decent order but I think it's really a bit too far down Oldfield Rd. There's some rather 'odd' houses down there with those 'prefab' bungalows etc. Quite a hike into Alty too but good for walking into Dunham along the canal. Back towards John Leigh park would be better.

With your toddler you'd want to consider school catchment too and I'm not sure where that would be.

On the plus side it's well away from the Chester Road which is constant choking diesel fumes. Plus it's not Timperley or Sale so points for that too.

We're looking to move on from the B-Streets in the next 12 months or so (been putting it off as long as possible), but can find very few properties with a useful 3rd bedroom.

In the example above, it measures 2 x 2.5m... this is NOT a bedroom and would struggle to hold a decent sized bed, let alone wardrobe, drawers etc. In fact, head height aside, it is seriously only about twice as big as the storage space under my stairs.

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I'm also assuming that the lack of new supply was also a Xmas issue so will see how Jan pans out to identify a trend. My next barometer will be a probate house in due course. May '11 sale agreed on similar but modernised house at 265. This house needs the works but I'm worried that an asking price of 225-230 will be snapped up in a week.

:(

10% more. *******

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And then this just listed. A 2 bed mid terrace for 450k....

http://www.rightmove.co.uk/property-for-sale/property-37504640.html

ffs. It's these listings that make people think that anything cheaper is 'a bargain'...

I see your "2 bed terrace" and raise you a bungalow "which needs updating" for "offers over £500K"

Mum needs a bungalow

I've studied the pictures carefully and I can't see any sign of life after 1984. Probably some greedy inheritance sale...

Edited by monks

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I see your "2 bed terrace" and raise you a bungalow "which needs updating" for "offers over £500K"

Mum needs a bungalow

I've studied the pictures carefully and I can't see any sign of life after 1984. Probably some greedy inheritance sale...

They're unbelievable. There do seem to be some odd leaps in what you get in Hale. Generally nothing much until 700+ and then something like this for 1m (at that for a year so let's say 900k) http://www.rightmove.co.uk/property-for-sale/property-29781395.html

Beyond my money but seems a big jump compared with what you'd get for say 700.

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And then this just listed. A 2 bed mid terrace for 450k....

http://www.rightmove.co.uk/property-for-sale/property-37504640.html

ffs. It's these listings that make people think that anything cheaper is 'a bargain'...

Number 8. You know the score, you can see the cot. They bought in 2004 for 350, have a baby, want another and couldn't possibly manage in a 2 bed with 2 kids. Need 450 to make the jump to the house they deserve...

I'm not bitter, much.

105 in 1996

165 in 1999

http://www.zoopla.co.uk/property/8-albert-road-east/hale/altrincham/wa15-9al/25442594

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Number 8. You know the score, you can see the cot. They bought in 2004 for 350, have a baby, want another and couldn't possibly manage in a 2 bed with 2 kids. Need 450 to make the jump to the house they deserve...

I'm not bitter, much.

105 in 1996

165 in 1999

http://www.zoopla.co.uk/property/8-albert-road-east/hale/altrincham/wa15-9al/25442594

165k to 350k in 5 years, that's a profit of £37k per year on a starter home... Looking at the other 149 houses up to 450 they are competing with, I think the current owners will be very lucky to recoup their 350k, and suspect they won't get that.

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Someone will buy it. As I've said, the number of utter idiots that live and buy in Hale is staggering.

That's 225k per bedroom. Street parking for the privilege.

I'm with manchester50 on this one ("I think the current owners will be very lucky to recoup their 350k, and suspect they won't get that.")

50p bet with you then. Let's wait for SOLD price. :)

Mind you, the advert does say "SUPERBLY SIZED." I'm thinking there must be one hell of a Tardis effect when you walk through the front door, as it looks pretty tiny from the outside.

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I'm with manchester50 on this one ("I think the current owners will be very lucky to recoup their 350k, and suspect they won't get that.")

50p bet with you then. Let's wait for SOLD price. :)

Mind you, the advert does say "SUPERBLY SIZED." I'm thinking there must be one hell of a Tardis effect when you walk through the front door, as it looks pretty tiny from the outside.

I'm with tbf, i still think this bubble has legs at the lower end of the market. Exhibit A: http://www.zoopla.co.uk/for-sale/details/16573839?featured=1&utm_content=featured_listing

Off to view one tomoorow, wife got the 3rd degree today fom the agent. When told our budget, X, the agent said, you do know its on the market for X+? :rolleyes: Hasnt exactly flown off the shelf at X+

Edited by SeeYouNextTuesday

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I'm with tbf, i still think this bubble has legs at the lower end of the market. Exhibit A: http://www.zoopla.co.uk/for-sale/details/16573839?featured=1&utm_content=featured_listing

Off to view one tomoorow, wife got the 3rd degree today fom the agent. When told our budget, X, the agent said, you do know its on the market for X+? :rolleyes: Hasnt exactly flown off the shelf at X+

Well...

Of the 12 terraced houses that have sold in Hale in the last 3 months, the average price seems to be £350k, so I guess the house in question may recoup it's costs (obviously not after fees, unless it can sell for more.) But the £450k asking price seems a tad optimistic, which I think was the point being made. :)

I guess if the agent was so confident of a sale of the one you are going to view they simply wouldn't allow you to view it. You've made your budget clear, but still they want you to view it, so I guess the ball is in your court to a certain extent. As you say, it hasn't exactly flown off the shelf at the higher price.

But you are right, there is a contrast now between the bottom and non-bottom ends of the market in Hale. The one I posted a page or so back has had £30k knocked off now, and a glance at the sold data in recent months for stuff that has been sat on the market for £800-900k shows the actual achieved prices are much closer to £700k.

It'll be interesting to see how long this Spring Bounce at the bottom end lasts.

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The bit that astounds me is that a 2 bedroom house can still go for 350k. We've been looking at very nice 4 bed places in Cheadle area for 215k.

Probably most of those that have sold at those prices have been 3 bed, TBH.

Still, I couldn't agree more with your comment. If you are spending under £400k, Hale offers staggeringly poor value. Even in the £400-600k bracket, I still think what's on offer isn't that great. Beyond £700k, then much better value is starting to appear. Whether that value will "trickle down" as it seems to be doing in other parts of the North West remains to be seen. My own personal view is it will, even if that takes another year or two. When you look at the mess this country is in, and how totally priced-out people of newly two generations have become, I don't think any area in the UK is immune.

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The bit that astounds me is that a 2 bedroom house can still go for 350k. We've been looking at very nice 4 bed places in Cheadle area for 215k.

Does your child start school this Sept or next year?

We start this year and i'm sort of commiting to not moving schools once we start.

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He's a mid september child, so it's the year after. He'll be 4 this September 16th.

We've got time to get moved before he starts.

I was over in Cheadle today but don't fancy living there. The school issue for me is unfortunate but its not as if i'm trying to time the market with my truckload of money. We are where we are, metaphorically, just glad we moved somewhere when he was 2.

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I was over in Cheadle today but don't fancy living there. The school issue for me is unfortunate but its not as if i'm trying to time the market with my truckload of money. We are where we are, metaphorically, just glad we moved somewhere when he was 2.

Have some family (older folks) living over that way in Styal and some in Gatley. Don't know the areas too well, but where they live seems nice enough. They pop into Cheadle just for shopping. Just got to be careful you aren't directly under the runway approach for the airport, though.

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And then this just listed. A 2 bed mid terrace for 450k....

http://www.rightmove.co.uk/property-for-sale/property-37504640.html

ffs. It's these listings that make people think that anything cheaper is 'a bargain'...

How exciting!

http://www.rightmove.co.uk/property-for-sale/property-33164416.html

Although it always makes me worried when neighbours go up for sale simultaneously. You have to wonder if gary glitter has just moved into the street.

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