mouserat Posted April 16, 2014 Share Posted April 16, 2014 This 2 bedroom flat in Holloway, bought in December for £350K, now on at £700K after having a new Ikea kitchen put in. http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=29989311&sale=50601611&country=england Quote Link to comment Share on other sites More sharing options...
The Spaniard Posted April 16, 2014 Share Posted April 16, 2014 There is liberal EA use of "fantastic" in the Rightmove listing, but in which sense? From the dictionary: fantastic imaginative or fanciful; remote from reality. synonyms: fanciful, extravagant, extraordinary, irrational, wild, mad, absurd, far-fetched, nonsensical, incredible, unbelievable, unthinkable, implausible, improbable, unlikely, doubtful, dubious; Quote Link to comment Share on other sites More sharing options...
Wurzel Of Highbridge Posted April 16, 2014 Share Posted April 16, 2014 I hope someone buys it and then loss a lot of money. Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted April 16, 2014 Share Posted April 16, 2014 Quote Link to comment Share on other sites More sharing options...
MattW Posted April 18, 2014 Share Posted April 18, 2014 There is liberal EA use of "fantastic" in the Rightmove listing, but in which sense? From the dictionary: fantastic imaginative or fanciful; remote from reality. A fantastic asking price then?! Really, for £700k I would want the whole of that building - and the freehold. Quote Link to comment Share on other sites More sharing options...
200p Posted April 21, 2014 Share Posted April 21, 2014 I hope someone buys it and then loss a lot of money. I hope someone buys it and it then sells for £2m in 4 months. I guess wishing people "unwell" hasn't worked in 10 years, so I guess I'll try the other way. Quote Link to comment Share on other sites More sharing options...
mouserat Posted April 22, 2014 Author Share Posted April 22, 2014 http://www.zoopla.co.uk/for-sale/details/32061138?search_identifier=ad646e18e4688848d234fc8a489346c0 Just got a flyer through the door for this one, a two bedroom flat in Manor House for over a million pounds. Quote Link to comment Share on other sites More sharing options...
Stop The Ride Posted April 22, 2014 Share Posted April 22, 2014 http://www.zoopla.co.uk/for-sale/details/32061138?search_identifier=ad646e18e4688848d234fc8a489346c0 Just got a flyer through the door for this one, a two bedroom flat in Manor House for over a million pounds. Thank you so much for sharing. Bob at has made me laugh so much. Quote Link to comment Share on other sites More sharing options...
mouserat Posted May 6, 2014 Author Share Posted May 6, 2014 The Holloway flat is down to a mere £650K! Quote Link to comment Share on other sites More sharing options...
jasonpistol Posted May 6, 2014 Share Posted May 6, 2014 jesus what fool is going to even consider this? Quote Link to comment Share on other sites More sharing options...
Stop The Ride Posted May 6, 2014 Share Posted May 6, 2014 jesus what fool is going to even consider this? Someone who can flip it for 1 million next year? Quote Link to comment Share on other sites More sharing options...
jasonpistol Posted May 7, 2014 Share Posted May 7, 2014 ah yes i forgot prices always go up and never come down Quote Link to comment Share on other sites More sharing options...
mewParadigm Posted May 7, 2014 Share Posted May 7, 2014 This is a good example for those who imply that "supply and demand" will justify any level of price. In general terms, there is lots of demand and not much supply for London property, but this is an irrelevance. What matters is effective demand - the number of buyers able and willing to pay 700k for this place was zero. Including all those legions of Chinese investors who apparently log on to UK property sites every morning and buy anything without thinking about the price. Quote Link to comment Share on other sites More sharing options...
jasonpistol Posted May 8, 2014 Share Posted May 8, 2014 effective demand i remember this term from a level economics people always go on about supply but the last crash was caused by the availability of credit rather than supply/demand of property Quote Link to comment Share on other sites More sharing options...
mewParadigm Posted May 24, 2014 Share Posted May 24, 2014 The Holloway flat is down to a mere £650K! 640k now - no-one tempted? Quote Link to comment Share on other sites More sharing options...
Venger Posted May 24, 2014 Share Posted May 24, 2014 effective demand i remember this term from a level economics people always go on about supply but the last crash was caused by the availability of credit rather than supply/demand of property You can't expect people to remember that far back ! If you mean the mini-crash in 2008-into-some of 2009, before £Trillion+ in stimulus. And credit availability, cost of credit also in 1989+ mini crash. Yes, I mean it was obvious to all that was the cause. Fewer buyers in a position to pay higher prices, and sellers sold for lower prices to buyers, which in turn brought down values of all housing. However it's back to too few properties now, growing population = for-ever-ah HPI. We need to stand ready with all the excuses for buyers who've been paying silly high prices, to excuse them in the next crash. "They just wanted a home / believed what they saw on the telly and EA / couldn't expect them to rent." Lobby for reflation again just like many on this forum did in 2008, helping London prices and other areas to totally balloon again to protect the victims. Quote Link to comment Share on other sites More sharing options...
notsure Posted June 10, 2014 Share Posted June 10, 2014 Appears to have been reduced in price to £350000 now. Quote Link to comment Share on other sites More sharing options...
mewParadigm Posted June 10, 2014 Share Posted June 10, 2014 I thought that too but I think it's a zombie listing from when it was last sold. I think this is really it http://www.rightmove.co.uk/property-for-sale/property-44436151.html Down to 610k (-13%) and still on sale. Quote Link to comment Share on other sites More sharing options...
wherebee Posted June 11, 2014 Share Posted June 11, 2014 Thank you so much for sharing. Bob at has made me laugh so much. I cracked up too - almost woek my young one up. Some of those photos look like the agent taking them was assaulted mid shoot - random angles, weird items (I'll just take a shot of THESE THREE STEPS IN PARTICULAR). Classic. Well worth a million pounds. Quote Link to comment Share on other sites More sharing options...
mouserat Posted July 8, 2014 Author Share Posted July 8, 2014 It's back up to £640K after not selling at £610K! Quote Link to comment Share on other sites More sharing options...
mouserat Posted July 8, 2014 Author Share Posted July 8, 2014 And the Manor House flat is under a million now but only just! Quote Link to comment Share on other sites More sharing options...
mewParadigm Posted July 10, 2014 Share Posted July 10, 2014 It's back up to £640K after not selling at £610K! Better than that - you can choose from £600k, £610k or £640k depending on which of three agents you go for - and at 600k it changes from a flat into a terraced house. Never seen anything quite like this. http://www.rightmove.co.uk/property-for-sale/find.html?searchType=SALE&locationIdentifier=POSTCODE^1537174&insId=4&radius=0.0 Quote Link to comment Share on other sites More sharing options...
mewParadigm Posted July 20, 2014 Share Posted July 20, 2014 And down we go again - across the 3 agents it's now at 610, 600 and 575. So a max drop of 18% from the orignal 700k. http://www.rightmove.co.uk/property-for-sale/find.html?searchType=SALE&locationIdentifier=POSTCODE^1537174&insId=4&radius=0.0 Quote Link to comment Share on other sites More sharing options...
Arpeggio Posted July 20, 2014 Share Posted July 20, 2014 I wonder what is behind the fences with all the barbed wire and a yellow sign, within which I can see some kind of red triangle that looks like some kind of warning sign? Quote Link to comment Share on other sites More sharing options...
mewParadigm Posted July 21, 2014 Share Posted July 21, 2014 I wonder what is behind the fences with all the barbed wire and a yellow sign, within which I can see some kind of red triangle that looks like some kind of warning sign? From streetview looks like a substation. Quote Link to comment Share on other sites More sharing options...
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