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Auction - Strettons - 85 Lots 55% down from peak

#1 User is offline   tommyboy 

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Posted 09 February 2009 - 10:14 AM

Live Auction

| Strettons LiveLink | Strettons Order of Sale | Lot 1 Details with Next to Lot 2 etc |

Today's auction from Strettons has 85 lots going under the hammer.

If you have local knowledge about any of the lots please post onto the thread - It's the local information that gives us the stories behind the figures.

Today's Live Auctionfrom: Strettons Auction 09/02/2009 All LiveLink information and live data feeds are provided by EI Group




Total sold properties: 44
Total unsold properties: 27
Total no bids: 1
Total sold prior properties: 0
Total withdrawn properties: 0
Total sold properties with price paid info: 3
Total sold / unsold properties with pricepaid info: 11

Total sales (sold properties): £7,906,500
Total sales (all properties based on highest bid): £13,498,500
Total profit loss (only sold properties with price paid info) : -£170,000 (-33%)
Total profit loss (all properties based on highest bid with price paid info) : -£407,445 (-21.6%)

Total peak value: £3,324,930
Total loss from peak: -£1,847,430
Total loss from peak %: -55.56%

#2 User is offline   Zanu Bob 

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Posted 09 February 2009 - 10:33 AM

nice to see you back doing auctions tommyboy,
Blaming greed for a banking crisis is like blaming gravity for an airplane crash. Injin 10/12/2009 (a rare moment of clarity)

View PostRed Kharma, on 31 May 2010 - 11:51 AM, said:

Most gold buyers will get creamed, eventually and for the very reasons they think they won't.

#3 User is offline   tommyboy 

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Posted 09 February 2009 - 11:15 AM

Lot 1 ( Guide Price: 145-155 )

Vendor: Strettons

Address: 24 Sandford Road, East Ham, London, E6

The description from the Strettons website is: Freehold Terrace House Two Floor 5 Room(s) Garden Vacant © Strettons

Map: Click Here

Last Sold Price: £145,000 on 22/07/2002

Auction Result: Sold ( Highest Bid was: £155,000 )

Today's auction price results in a Profit of £10,000 ( 6.9% ) since purchase on 22/07/2002.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#4 User is offline   Zanu Bob 

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Posted 09 February 2009 - 11:17 AM

nice start 6.9% on a 2 up 2 down in london since 2002

This post has been edited by the reaper: 09 February 2009 - 11:18 AM

Blaming greed for a banking crisis is like blaming gravity for an airplane crash. Injin 10/12/2009 (a rare moment of clarity)

View PostRed Kharma, on 31 May 2010 - 11:51 AM, said:

Most gold buyers will get creamed, eventually and for the very reasons they think they won't.

#5 User is offline   tommyboy 

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Posted 09 February 2009 - 11:21 AM

Lot 2 ( Guide Price: 140-150 )

Vendor: Strettons

Address: 18 Saxon Road, East Ham, London, E6

The description from the Strettons website is: Freehold End of Terrace House Two Floor 4 Room(s) Garden Vacant © Strettons

Map: Click Here

Last Sold Price: £149,995 on 21/06/2002

Auction Result: Unsold ( Highest Bid was: £138,500 )

Today's auction price results in a Loss of £11,495 ( 7.7% ) since purchase on 21/06/2002.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#6 User is offline   tommyboy 

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Posted 09 February 2009 - 11:23 AM

Lot 3 ( Guide Price: 150-175 )

Vendor: Strettons

Address: 17 Melbourne Road, Walthamstow, London, E17

The description from the Strettons website is: Freehold Terrace House Two Floor 5 Room(s) Garden Unmodernised Vacant © Strettons

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £180,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#7 User is offline   tommyboy 

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Posted 09 February 2009 - 11:25 AM

Lot 4 ( Guide Price: 160-170 )

Vendor: Strettons

Address: 3 Pollard Close, Canning Town, London, E16

The description from the Strettons website is: Freehold Terrace House Two Floor 4 Room(s) Garden Vacant © Strettons

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Unsold ( Highest Bid was: £120,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#8 User is offline   tommyboy 

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Posted 09 February 2009 - 11:28 AM

Lot 5 ( Guide Price: 120-130 )

Vendor: Strettons

Address: Flat 30, Park Court, Grosvenor Park Road, Walthamstow, London, E17

The description from the Strettons website is: Leasehold 1st / 2nd Floor Maisonette Three Room(s) Vacant © Strettons

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Unsold ( Highest Bid was: £126,500 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#9 User is offline   tommyboy 

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Posted 09 February 2009 - 11:31 AM

Lot 7 ( Guide Price: 40-50 )

Vendor: Strettons

Address: R/O 77 Glyn Road, Clapton, London, E5

The description from the Strettons website is: Freehold Workshop Two Floor 795 Square Feet Vacant © Strettons

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £79,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#10 User is offline   Converted Lurker 

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Posted 09 February 2009 - 11:32 AM

line in the sand drawn today? 2002 prices? :o
Propaganda is to a democracy what violence is to a dictatorship

#11 User is offline   NotMyHouse 

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Posted 09 February 2009 - 11:32 AM

View Postthe reaper, on Feb 9 2009, 11:17 AM, said:

nice start 6.9% on a 2 up 2 down in london since 2002


Which is a loss after inflation...

Still, nice that properdee always goes up, eh? :rolleyes:

#12 User is offline   tommyboy 

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Posted 09 February 2009 - 11:34 AM

Lot 8 ( Guide Price: Refer )

Vendor: Strettons

Address: Flat 1C, 29-35 School Road, Tilehurst, Reading, Berkshire, RG31

The description from the Strettons website is: Long Leasehold 1st Floor Purpose Built Flat Three Room(s) Registered Rent © Strettons

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £65,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#13 User is offline   moonriver 

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Posted 09 February 2009 - 11:36 AM

Nice to see you back, and following an auction again, for us Tommyboy.

#14 User is offline   tommyboy 

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Posted 09 February 2009 - 11:36 AM

Lot 9 ( Guide Price: 150-160 )

Vendor: Strettons

Address: 17 Cassiobury Road, Walthamstow, London, E17

The description from the Strettons website is: Freehold Terrace House Two Floor 5 Room(s) Garden Unmodernised Vacant © Strettons

Map: Click Here

Last Sold Price: No data found for this property - Click here to search

Auction Result: Sold ( Highest Bid was: £160,000 )

It is not possible to calculate the profit / loss upon sale as Last Sale Price is unknown.


Any inaccuracies, errors or suggestions for improvements to the reports, please PM me

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#15 User is offline   time 2 raise interest rates 

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Posted 09 February 2009 - 11:38 AM

Not to worry the Halifax cutting it's Buy-to-Let mortgaes to 65% loan to value will pick things up
in the spring.
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