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Auction - Savills Residential - 111 Lots Rate Topic: -----

#1 User is offline   tommyboy 

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Posted 16 February 2009 - 09:34 AM

Live Auction

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

Today's auction from Savills Residential has 111 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: Savills Residential Auction 16/02/2009 All LiveLink information and live data feeds are provided by EI Group

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#2 User is offline   bagsos 

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Posted 16 February 2009 - 10:02 AM

Seems to be some prime London stuff in this one - will be interesting to see what it goes for.

#3 User is offline   Joey Buttafueco Jr 

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Posted 16 February 2009 - 10:03 AM

http://www.housepric...howtopic=104852

#4 User is offline   tommyboy 

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Posted 16 February 2009 - 10:44 AM

Lot 11 ( Guide Price: 145 Plus )

Vendor: Savills Residential

Address: 3 Henderson Road, Edmonton, London, N9

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

Map: Click Here

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

Auction Result: Sold ( Highest Bid was: £161,000 )

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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#5 User is offline   tommyboy 

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Posted 16 February 2009 - 10:47 AM

Autoposting is not working

see all results here


Savills Residential


TB

This post has been edited by tommyboy: 16 February 2009 - 11:17 AM


#6 User is offline   getdoon_weebobby 

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Posted 16 February 2009 - 11:08 AM

lot 10
maida vale flat
guide 165k
sold £267,000

wtf?!
“The problem with socialism is that you eventually run out of other people’s money.”

Margaret Thatcher

'The idea that you can solve a problem of too much debt and too much consumption with more debt and more consumption, can you believe that grown-ups would say something like that? It's mind-boggling to me that people who are supposedly educated really believe this, and they seem to'

Jim Rogers

#7 User is offline   the end is a bit nigher 

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Posted 16 February 2009 - 11:23 AM

Seem to be selling at around 2005 prices.
Ok, we were right all along. It doesn't make the resulting outcome any less uncomfortable though.

Gold is a metal, not a currency. Gold is denominated in dollars. It's price in other currencies is related to the dollar exchange rate with those currencies.

Nothing I have stated above should be taken as financial advice as I am not qualified or authorised to provide financial advice other than to myself

#8 User is offline   tommyboy 

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Posted 16 February 2009 - 11:47 AM

Lot 28 ( Guide Price: 275 Plus )

Vendor: Savills Residential

Address: Flat 18, Godolphin House, 76-84 Fellows Road, London, NW3

The description from the Savills Residential website is: Leasehold 1st Floor Purpose Built Flat Three Room(s) Garage/s Unmodernised Vacant © Savills Residential

Map: Click Here

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

Auction Result: Sold ( Highest Bid was: £352,000 )

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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#9 User is offline   tommyboy 

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Posted 16 February 2009 - 01:31 PM

Lot 60 ( Guide Price: 60 Plus )

Vendor: Savills Residential

Address: 5 Court Farm Gardens, Manor Green Road, Epsom, Surrey, KT19

The description from the Savills Residential website is: Leasehold Ground Floor Purpose Built Flat Three Room(s) Unmodernised Vacant © Savills Residential

Map: Click Here

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

Auction Result: Sold ( Highest Bid was: £100,000 )

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   darwin 

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Posted 16 February 2009 - 01:50 PM

Once again, tons of Housing Associations properties going under the hammer, I see.

Paddington Churches must be pretty much cleaned out by now!

#11 User is offline   tommyboy 

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Posted 16 February 2009 - 01:52 PM

Lot 67 ( Guide Price: 135 Plus )

Vendor: Savills Residential

Address: 260 Markhouse Road, Walthamstow, London, E17

The description from the Savills Residential website is: Leasehold Ground Floor Purpose Built Flat 4 Room(s) Unmodernised Vacant © Savills Residential

Map: Click Here

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

Auction Result: Sold ( Highest Bid was: £139,000 )

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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#12 User is offline   Spark 

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Posted 16 February 2009 - 02:05 PM

The majority of houses are selling for well over guide prices.

Lot 26: a cottage with 0.4 acres of garden in Marlow.

Guide: £270K+, Result: SOLD £406K :o

Another house in Maidenhead (lot 27) sold at auction for MORE than the price paid in 2006. :blink:

Investors must feel a bit more positive regarding house prices over the longer term.
Care must be taken not to focus too much on the PRICE of a house. The VALUE of a house is much more important.

#13 User is offline   bomberbrown 

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Posted 16 February 2009 - 02:17 PM

View Postdarwin, on Feb 16 2009, 01:50 PM, said:

Once again, tons of Housing Associations properties going under the hammer, I see.

Paddington Churches must be pretty much cleaned out by now!

These are undoubtedly shared ownership jobbies I should imagine.
In the 1950s Local Authorities built over 200,000 homes per year. In 2004 they built just 133.
Housing - Trends in tenure and cross tenure topics (general)

Ludwig von Mises describes the endgame brought on by reckless expansion of credit: "There is no means of avoiding the final collapse of a boom brought about by credit (debt) expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit (debt) expansion, or later as a final and total catastrophe of the currency system involved."

#14 User is offline   TeddyBear 

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Posted 16 February 2009 - 02:25 PM

sold prices look very high but, they are still well down from peak. Take the terrace in Kinnoul Rd, W6, sold for £452k and needing complete refurb but, if 50k is spent on it, it's still some 30% down - and this is about the amount that prices went up in Hammersmith and Fulham in the crazy times of late 2005 to late 2007

1 05/09/2008 £792,000 Ter. F No Map 55, Kinnoul Road, Hammersmith And Fulham, London, Greater
2 08/08/2008 £712,000 Ter. F No Map 27, Kinnoul Road, Hammersmith And Fulham, London, Greater London, W6 8NG Properties for sale near W6 8NG

5 17/08/2007 £750,000 Ter. F No Map 6, Kinnoul Road, Hammersmith And Fulham, London, Greater
6 27/07/2007 £604,250 Ter. F No Map 36, Kinnoul Road, Hammersmith And Fulham, London, Greater

9 22/06/2007 £700,000 Ter. F No Map 45, Kinnoul Road, Hammersmith And Fulham, London, Greater London, W6 8NG

Edited to add: of course, half a mil for a little terrace in Hammersmith is still crazy in my opinion

This post has been edited by TeddyBear: 16 February 2009 - 02:27 PM

Liar [local] Housing Allowance. Computer says yes to Landlords and brown envelope receivers everywhere.
Rentals in your area? How much does the computer say yes to? Check here, get angry and get objecting
https://lha-direct.t...x?SearchType=LA

#15 User is offline   darwin 

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Posted 16 February 2009 - 02:31 PM

View PostTeddyBear, on Feb 16 2009, 02:25 PM, said:

Edited to add: of course, half a mil for a little terrace in Hammersmith is still crazy in my opinion

It's crazy but it doesn't surprise me.

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