We're looking to buy in Carshalton, ideally. EAs seem to be pricing stuff at 2007 prices still. Decent semis seem to be moving at the sub 250k mark but not much else.
We've looked at a few of late and they are in awful condition and/or vastly overpriced like these:
http://www.rightmove.....ncludeSSTC=on This house is falling to bits, dark and frankly awful. Apparently the seller's told his EA not to bother him with offers under £290k...........joker
http://www.rightmove.....ncludeSSTC=on Needs finishing and way over the road's ceiling IMO
http://www.rightmove...a...on&index=10 This is actually described incorrectly, or a downwright lie, as it 2 bed terrace right opposite a busy station (no parking) and been on for ages. Horrible
http://www.rightmove...a...on&index=20 Just sold and it must surely have been for under 250k. Needs £10000s spending on it - all new windows, electrics, roof, fully ripping out as the owner is a chain smoker and not touched the house since buying it for £80k in 95.
http://www.rightmove...a...on&index=20 Nice house but on at around the peak price the current owner's paid in 2007.
Not much is moving so it looks like renting is for me.
One good sign is this:
Ignore the stupid EA speak of 'offers in excess of' and it's been dropped by £30k. Like someone's going to offer £51 more so they get stung with 3% stamp duty.
And I thought the LB of Sutton had experienced one of the biggest drops since the crash? Not if you believe the EAs who seem to think they'll shift everything for around asking price. Not that I believe a word they say
Edited by pie-eater, 13 May 2009 - 03:42 PM.