SHERWICK Posted February 24, 2012 Share Posted February 24, 2012 Thought I'd start a thread focusing on East Dulwich where I live (I know there's already one on West Dulwich, but, though it's close, it's a distinctly different area). East Dulwich was mentioned a couple of times in yesterday's 'House Prices Bubble Swells in London' article: "At a two-bed flat in East Dulwich which I visited – a snip at close to half a million pounds – there were queues of buyers on the "open day". The agent, comically clad in Sir Les Patterson drag (shiny suit and breakfast-splattered tie), told me he was only accepting offers at the asking price and from "clean" buyers (mostly with lots of cash from their parents)." "Although my property search has taken in Battersea, Bow, Clapham, Chiswick, East Dulwich, Herne Hill, Highbury, Mortlake, Putney and Walthamstow – virtually all of zone 2 London – I accept my search results are anecdotal. Maybe I've just alighted on a few sought-after properties in a few hot spots." http://www.guardian.co.uk/money/blog/2012/feb/23/house-prices-bubble-swells-london?CMP=twt_gu Now, great area though it is, I personally haven't seen any 2 bed flats going for close to £500k in East Dulwich... has anyone else? Quote Link to comment Share on other sites More sharing options...
koala_bear Posted February 24, 2012 Share Posted February 24, 2012 (edited) Now, great area though it is, I personally haven't seen any 2 bed flats going for close to £500k in East Dulwich... has anyone else? Given the rest of the article I suspect a bit of liberal rounding up to make the point, 2 bed flats seem to max out at £400k asking (and that is silly pricing). I would suspect the "average" 2 bed flat sold price to be around £280k at the moment. Interestingly the market in West D seem to be dead at the moment, at least there is stuff in East for sale even if the prices are silly. Edited February 24, 2012 by koala_bear Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted February 24, 2012 Author Share Posted February 24, 2012 (edited) Given the rest of the article I suspect a bit of liberal rounding up to make the point, 2 bed flats seem to max out at £400k asking (and that is silly pricing). I would suspect the "average" 2 bed flat sold price to be around £280k at the moment. Interestingly the market in West D seem to be dead at the moment, at least there is stuff in East for sale even if the prices are silly. True. West Dulwich is a bit of a boring place to be honest (compared to East Dulwich anyway) There are some really good fast links into central London now/coming soon from East Dulwich, with the Overground from Forest Hill (already available) and soon from Denmark Hill and Peckham Rye (coming next year I think) too... Edited February 24, 2012 by SHERWICK Quote Link to comment Share on other sites More sharing options...
koala_bear Posted February 24, 2012 Share Posted February 24, 2012 and soon from Denmark Hill and Peckham Rye (coming next year I think) too... 4 / hour from December 2012 timetable change BUT losing 2 services / hour London Bridge instead. Forest Hill (SE23), Peckham Rye (SE15) and Denmark Hill (SE5) stations ain't East Dulwich... They are at least 2/3 of a mile from SE22, think some EAs obviously have expanded the definition of East Dulwich lately (the ones with the "bar" in the EA?) to ramp prices! Quote Link to comment Share on other sites More sharing options...
koala_bear Posted February 24, 2012 Share Posted February 24, 2012 West Dulwich is a bit of a boring place to be honest (compared to East Dulwich anyway) Some of the locals complain about the Cafe Rouge in the village degrading the neighbourhood, I would love to see their faces if a McD was threatened! Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted February 27, 2012 Author Share Posted February 27, 2012 4 / hour from December 2012 timetable change BUT losing 2 services / hour London Bridge instead. Forest Hill (SE23), Peckham Rye (SE15) and Denmark Hill (SE5) stations ain't East Dulwich... They are at least 2/3 of a mile from SE22, think some EAs obviously have expanded the definition of East Dulwich lately (the ones with the "bar" in the EA?) to ramp prices! I'm in the southern end of East Dulwich (SE22 on Underhill Road near the South Circ), and Forest Hill station is much closer than East Dulwich station for me to be honest. Quote Link to comment Share on other sites More sharing options...
Kingmaker Posted February 29, 2012 Share Posted February 29, 2012 "Although my property search has taken in Battersea, Bow, Clapham, Chiswick, East Dulwich, Herne Hill, Highbury, Mortlake, Putney and Walthamstow – virtually all of zone 2 London – I accept my search results are anecdotal. Maybe I've just alighted on a few sought-after properties in a few hot spots." Now, great area though it is, I personally haven't seen any 2 bed flats going for close to £500k in East Dulwich... has anyone else? I can't believe you'd leave out West Dulwich I haven't seen any 500k'ers in ED, as that's encroaching onto the poorer condition/smaller houses' price range - depending on where in ED. ED prices hotted up post 2007, but has calmed down over the last 18 months or so - in my own personal research. Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted February 29, 2012 Share Posted February 29, 2012 True. West Dulwich is a bit of a boring place to be honest (compared to East Dulwich anyway) There are some really good fast links into central London now/coming soon from East Dulwich, with the Overground from Forest Hill (already available) and soon from Denmark Hill and Peckham Rye (coming next year I think) too... DH is 8 minutes to Victoria already! How much faster do you want?? Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted February 29, 2012 Share Posted February 29, 2012 That article seems like balls to me. Unless the writer insists on living 4 nanoseconds from the station. Half a mill will get you a very nice two bed flat near the station in Herne Hill. This just seems like a made-up article to me, albeit making the point that certain very specific kinds of property are being held up by boomer money trickling down (and, indirectly, foreign money). Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted March 1, 2012 Author Share Posted March 1, 2012 DH is 8 minutes to Victoria already! How much faster do you want?? I'd like to go places other than Victoria please! Quote Link to comment Share on other sites More sharing options...
Elroy Posted March 27, 2012 Share Posted March 27, 2012 I'm looking for a 250-280 2 bed flat in South London (Streatham/Brixton through to Brockley/Forest Hill etc). Anything worthwhile is selling very quickly. Often within a week. All going to sealed bids. Prices are around 2007 mark or higher. Not sure how much higher as always out bid. Properties often being readvertised at higher prices after seller realises the extent of demand e.g. clealry getting asking price offers a week after advertising. Very high demand out there. Often see the same people at viewings at opposite ends of this extended catchment area. Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted March 27, 2012 Author Share Posted March 27, 2012 I'm looking for a 250-280 2 bed flat in South London (Streatham/Brixton through to Brockley/Forest Hill etc). Anything worthwhile is selling very quickly. Often within a week. All going to sealed bids. Prices are around 2007 mark or higher. Not sure how much higher as always out bid. Properties often being readvertised at higher prices after seller realises the extent of demand e.g. clealry getting asking price offers a week after advertising. Very high demand out there. Often see the same people at viewings at opposite ends of this extended catchment area. Welcome to the forum Elroy. Out of all those places I'd say that Forest Hill is probably the best, and looking on Rightmove it seems that there are quite a few 2 beds between 200k and 300k in Forest Hill... Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted March 27, 2012 Author Share Posted March 27, 2012 Welcome to the forum Elroy. Out of all those places I'd say that Forest Hill is probably the best, and looking on Rightmove it seems that there are quite a few 2 beds between 200k and 300k in Forest Hill... Here's a good example: http://www.rightmove.co.uk/property-for-sale/property-18874836.html Under £250k and in a great location too! Quote Link to comment Share on other sites More sharing options...
Monkey Posted March 27, 2012 Share Posted March 27, 2012 in the lest 2 weeks, i have noted ALOT of the media turning or at least starting to turn bear. its a slow drip drip, but its certianly happening Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted June 14, 2012 Share Posted June 14, 2012 OK, not East Dulwich but: http://www.rightmove.co.uk/property-for-sale/property-33967948.html what's going on here? Quote Link to comment Share on other sites More sharing options...
ourkid Posted June 17, 2012 Share Posted June 17, 2012 OK, not East Dulwich but: http://www.rightmove.co.uk/property-for-sale/property-33967948.html what's going on here? It's a repo and the bank want a quick sale. Also the highest amount a house has gone for on that road is 500K. Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted July 25, 2012 Share Posted July 25, 2012 Reduced. http://www.rightmove.co.uk/property-for-sale/property-33967948.html I love the "we are in receipt of an offer of..." history on propertybee. Are these always outright lies? Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted September 27, 2012 Share Posted September 27, 2012 http://www.kfh.co.uk/residential/flats-for-sale/london-dulwich-village-se21-court-lane/2100528/ This has come down from 625K to 500K. Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted September 30, 2012 Author Share Posted September 30, 2012 http://www.kfh.co.uk...t-lane/2100528/ This has come down from 625K to 500K. That's a bit more like it. Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted November 13, 2012 Share Posted November 13, 2012 That's a bit more like it. http://www.rightmove.co.uk/property-for-sale/property-34437829.html Still hasn't gone by the seems of it. This one also seems to be a surprising non-shifter: http://www.rightmove.co.uk/property-for-sale/property-23586801.html Quote Link to comment Share on other sites More sharing options...
Frizzers Posted January 18, 2013 Share Posted January 18, 2013 Is it me or is East Dulwich / Peckham Rye now pretty much as expensive as Clapham and Balham psf, excepting the uber-posh bits of Clapham Old Town? Quote Link to comment Share on other sites More sharing options...
padington Posted January 21, 2013 Share Posted January 21, 2013 Is it me or is East Dulwich / Peckham Rye now pretty much as expensive as Clapham and Balham psf, excepting the uber-posh bits of Clapham Old Town? ... When I'm online on property forums all ever read about is about East Dulwich, I suspect some property developers have been spending years promoting it online ... Def over exposed if you ask me. Quote Link to comment Share on other sites More sharing options...
padington Posted January 21, 2013 Share Posted January 21, 2013 Is it me or is East Dulwich / Peckham Rye now pretty much as expensive as Clapham and Balham psf, excepting the uber-posh bits of Clapham Old Town? ... When I'm online on property forums all ever read about is about East Dulwich, I suspect some property developers have been spending years promoting it online ... Def over exposed if you ask me. Quote Link to comment Share on other sites More sharing options...
ourkid Posted January 21, 2013 Share Posted January 21, 2013 Is it me or is East Dulwich / Peckham Rye now pretty much as expensive as Clapham and Balham psf, excepting the uber-posh bits of Clapham Old Town? Not quite but it's certainly getting there. 650-700K will get you a small 3 bed with a tiny garden nowadays and you're better off looking elsewhere. Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted January 21, 2013 Share Posted January 21, 2013 http://www.rightmove.co.uk/property-for-sale/property-34437829.html Still hasn't gone by the seems of it. This one also seems to be a surprising non-shifter: http://www.rightmove.co.uk/property-for-sale/property-23586801.html First one didn't seem to sell - same car outside and it's for rent now. Quote Link to comment Share on other sites More sharing options...
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