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Lazybones

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Everything posted by Lazybones

  1. Looks like they have changed agents and dropped £45K, I would expect this to go for around £400K in a stable market £530K is silly. There is also a large telephone mast and microwave dish in the cricket club right next to this house which can only put people off given the possible health risks.
  2. http://www.rightmove.co.uk/property-for-sale/property-27165061.html http://www.rightmove.co.uk/property-for-sale/property-25447174.html Same house two agents, £45K price difference
  3. http://www.rightmove.co.uk/property-for-sale/property-27117850.html this has to be the joke of the year, a gated community in Ainsdale and they want £300K per plot, will be watching this one for future discounts given the current market.
  4. Kazuya, hi, its the same in Southport some roads/areas are much more expensive than others, this house in Churchtown or Birkdale would be up for between £400K and £500K, having said that the whole area is very overpriced given the lack of local jobs.
  5. Great Post! My comments on the ones that have sold: Dover Road, good houses but font onto railway track, even allowing for large front gardens and the road between the house and the track you get a two trains every 15 mins going past. No6 started off at well over £500K No 85 Waterloo great house/road was originally marketed at £675K 6 Welbeck was on the market over 3 years and reduced from £375K, tiny back garden and backs onto a builders yard, no's 1 & 5 Welbeck are up for sale at £350K and £285K, good road, good houses, small gardens, not sure 1 is worth 65K more just because its detatched. Regents close good value not sure if this was a repo or not, modern houses built off Regent Road surrounded by traditional houses. I don't expect so seen many properties going for anywhere near £1m in the next decade and all the £500K+ falling back to between £300K and £500K over time.
  6. http://www.rightmove.co.uk/property-for-sale/property-27054166.html has just come on with a new agent, it has been on for a while with either peter brown or ball and percival, i am sure it was originally listed at £300K, I know a few local builders have looked at this house and walked away, its opposite a pub and surrounded by flats.
  7. Sorry to hear about your situation. It does however appear that the EA is correct regarding the price. You have a couple of options, hold out for an offer close to your current asking price or chase the market down over the next few years and risk accepting an even lower offer in the future. The good news is that if the house you want to buy falls at the same % rate as yours you are no worse off overall. Regarding EA fees NEVER pay upfront for marketing or difficult to define services.
  8. This house http://www.rightmove.co.uk/property-for-sale/property-26976499.html has been relisted today, it was at £650K originally, then dropped to £600K now its at £500K, OK house, needs some money spending on it, the issues I can see are small garden for size of house, located on a busy through road very close to a pub that has similar large houses across the road that have been converted into flats multi occupancy dwellings etc, they have just demolised the house next door (to the left) and there is planning permisison to build some town houses. On the positive side it is close to park across the road so OK for kids if they manage to make it across, view of the beach is ok if you have good eyesight. Oh there is also a caravan park on those green fields just past the boat lake and model railway. This will be a difficult sale at this price in this market, my guess it will go down a lot more before selling. Another crazy price from Halsall Estates who are fast gaining a reputation for overvaluing everything to gain the instruction http://www.rightmove.co.uk/property-for-sale/property-26969701.html £875K for a nice house but the garden has been converted into a deck and pool area, does not make much sense. £40K drop here http://www.rightmove.co.uk/property-for-sale/property-24879964.html but again £636K for a 5 bed semi, however big its still a semi, I expect much larger falls in the coming months, not worth anything above £400K in my view. mistake of the day by the EA http://www.rightmove.co.uk/property-for-sale/property-28500068.html?premiumA=true dropped from £479K to £425K before being put up to £469K, or is $425K the real target? It looks like the crash is gaining some momentum at last.
  9. Negotiation from Lock Stock and Two Smoking Barrels All right. We'll take it. Half price. I don't think he'll like that. You said three five a key. That's a good price. That was yesterday. > Now it's today, if I'm not mistaken. We'll take it tomorrow. Half price. If he wants to get rid of it quick, he'll have to take it. Look, I've got a race coming up, so if you'd be kind enough...
  10. If it really is the better house for you then you should pull out of the original sale and buy the house you really want. It may however be worth going back to the owners of your original offer, you were prepared to buy it when it was the lower priced property so it must tick most of the boxes. It probably in your financial interest to apply the same % reduction to the property you made an offer on and see if you can get it reduced. Have the agent do the work, its their job to negotiate the sale, if they wont go low enough to make it worth your while then pull out and go for the corner property.
  11. Hi Cheeznbreed, I have noticed the number of reductions recently. I took a look at the rental market in Southport today after talking to a friend who has just rented. Prices have risen as people cash in on the golf (ladies open) next week http://www.rightmove.co.uk/property-to-rent/property-26737717.html £4K a week, no way and no wonder it is still available http://www.rightmove.co.uk/property-to-rent/property-15967962.html Increased from £2K PCM to £3K PCM http://www.rightmove.co.uk/property-to-rent/property-25800538.html £2.5K PCM,
  12. I had to check the calendar to make sure it was not April 1st. They must be thinking they will have to discount heavily so why not start at the very top plus 50%. Will watch this one, not worth anywhere near £500K in my book. To back up my £500K valuation, a larger, better finished and generally nicer/better house on the corner of Hesketh Road and Argye Road went for £475 in Feb this year after being up a close to £600K with Bailey Estates, I am sure I posted a link to it at the time 27 Argyle Road, Southport, Merseyside, PR9 9LG £475,000 Detached Freehold Not New Build 22-Jan-2010 Map (PR9 9LG) http://www.nethouseprices.com/index.php?con=sold_prices_street_detail&street=ARGYLE+ROAD&locality=SOUTHPORT&town=SOUTHPORT&cCode=EW&year=All&house_style=All&house_age=All&search_radius=&outcode=PR9&incode=9LD I am sure this would not be worth £950K if it was on Selworthy Road, regarded as the best/most expensive road in the area. Having said this a lot of houses are now going up for sale on Selworthy as people try to escape after a local business man become the target of some not so friendly business men, the latter have shot up the street several times, a hand granade was used in one incident. Not the best advert for £1m+ properties. http://www.southportvisiter.co.uk/southport-news/southport-southport-news/2009/06/08/shots-fired-at-house-in-selworthy-road-southport-92534-23815966/ http://www.southportvisiter.co.uk/videos-pics/southport-videos/2009/03/03/the-scene-on-selworthy-road-in-southport-and-at-eec-on-hall-street-101022-23053956/ http://www.southportvisiter.co.uk/southport-news/southport-southport-news/2009/03/06/shootings-at-house-of-birkdale-business-may-have-property-deal-link-101022-23075539/ http://www.southportvisiter.co.uk/southport-news/southport-southport-news/2009/07/30/two-men-in-court-over-grenade-attack-on-john-ball-101022-24279403/
  13. Amusing post here, http://www.rightmove.co.uk/property-for-sale/property-28530320.html on at £795K willing to accept offers over £700k, I will consider the crash to be at the bottom when this falls to £500K. Using property bee it looks like the willing to accept offers over £700K was added on the 12th and removed on the 13th, probably for EA's use only 13 July 2010 * Brief Description changed: WILLING TO ACCEPT OFFERS OVER £700,00A A beautifully presented detached family property is located within Birkdale s most desirable areas and close to Birkdale village, golf club and the coast. Accommodation briefly comprises of porch, hall, cloakroom, modern kitchen, three reception rooms, one ... bathrooms, five bedrooms one with en-s...
  14. How badly did he fail? Is he at a old style uni or ex poly, either way I thought it was pretty difficult to fail overall. The majority of uni's use a combination of coursework and exams and can/do give an appropriate weighting to each to ensure most people pass, hence the number of 1st and 2:1's that we now see. My advice depending on how badly he failed and chances of passing on his next attempt is to finish the course either full or part time, the additional cost of finishing will overall be lower than cost he has already sunk in his first attempt if he walks away now. He must of course learn the lessons and change his current lifestyle, working/revision habits or whatever else has caused him to fail. If I was cynical regarding degree courses today as a measurement of work ethic and intelligence and most other things being equal, I would say 1) turn up to lectures 90% of the time and you will pass with a 2:2, do 1 and work hard get at 2:1 and do 1 with lots of hard work you should get a first. Lots of open questions: why did he not realise he was going to fail before it happened, why did his tutor/friends not spot this, it really is difficult to fail during the final year, most people who fail would have done so by the end of the second year. Good Luck to your friend's brother, I hope it works out for him in the end.
  15. Based on the above comments from the EA's my advice to them would be to check the land registry figures for the houses they have up for sale and ask the sellers to adjust their asking prices accordingly. Example the most expensive roads in Southport are Selworthy, Westbourne, Waterloo etc, the most expensive house sold on Selworthy went for £1.1m but there are a number up at closer to £2m now, Westbourne most expensive house sold in 2008 £800K now several at close to or over £1m. This would make the rest of the area follow and people would stop asking £300K+ for 3bed semis on ok roads.
  16. http://www.southportvisiter.co.uk/southport-news/southport-southport-news/2010/07/02/land-registry-figure-show-rise-in-sefton-house-prices-101022-26768839/ Land Registry figure show rise in Sefton house prices Local EA's and newsagents are pushing this story hard, I can't help but feel that the 5% rises apply to some of the more lower priced areas of Sefton, some of the EA comments are brilliant: <Quote from article> Tina Morris, manager at Lynn Thompson Estate Agents, on Post Office Avenue, said: “Every month is different, we never know what is going to happen next. We will get a flurry of activity, then all of a sudden it stops. “Until the banks start lending again people are stuck in a catch 22 situation. There has been too many negative things happening, so the market it just at complete unease. “But if you have got a realistically priced house it will sell because there are buyers out there – just very few in comparison to a normal market.” Nigel Bailey, from Bailey Estates on Liverpool Road, Birkdale, agreed. He said: “Business is getting busier and we are selling more properties month-by-month but only ones that are realistically priced. “Some vendors are still holding out for 2006-2007 prices, which was when the market was peaking. “If no one is walking through your door and we have done all we can to market it, the reason it is not selling is just down to pricing. <End quote> The following story was in the Echo the other week: Average Liverpool house prices down £25,000 as city fails to benefit from national rise http://www.liverpoolecho.co.uk/liverpool-news/local-news//tm_headline=average-liverpool-house-prices-down-pound-25-000-as-city-fails-to-benefit-from-national-rise%26method=full%26objectid=26753895%26siteid=100252-name_page.html
  17. Falling in formby http://www.rightmove.co.uk/property-for-sale/property-23941249.html down from £485K in Jan to £400 now. Still £100K overpriced in my view. http://www.christinsley.co.uk/residential_sales/100040291/100040291.html this one has been on the market for a long time just changed agents but not the price, last sold for around £550K in 2007, no real work done since then other than new wallpaper.
  18. Currently employed, about to become unemployed and start up on my own. Time to join the low tax paying (its all business expenses you know) big lease car driving, kids in private school entrepreneur class.
  19. Good spot, will be interesting to watch what this one goes for. Just outside Southport I noticed this £85K drop in Lydiate http://www.rightmove.co.uk/property-for-sale/property-26436566.html
  20. More drops over the past few weeks, also lots of new houses coming on to the market 227 over the past 14 days although a lot fo these are EA's relisting old stock http://www.rightmove.co.uk/property-for-sale/property-26853722.html down £40K http://www.rightmove.co.uk/property-for-sale/property-27023006.html down £50K http://www.rightmove.co.uk/property-for-sale/property-15078501.html down £45K http://www.rightmove.co.uk/property-for-sale/property-15078501.html down £35K
  21. Crescent Road house needs a lot of work, £200K would be a fair price in my book as you could quite easily spend £100K doing it up, new roof, re-wire, pointing, re-plaster, kitchen, bathrooms, gardens (demolish outbuilding and do gardens) extending (loft/rear, converting the basement rooms). The EA mentioned flood damage to the basement, not heard of any other flooding in the area so I assume she ment water damage from a leaking pipe or something. Garden is OK size but not massive and small compared to neighbouring houses. The Waterloo Road house needs less work, mostly cosmetic, but does have a downstairs bathroom with only a single ensuite upstairs. Prices heading in the right direction in general but a few new jokers came on the market today: http://www.rightmove.co.uk/property-for-sale/property-25993051.html This has an open view over the golf course to the gas rig in the sea and is opposite the common land that every dog owner walks their dog, hence bad smell of dog mess when the wind blows in the wrong direction. http://www.rightmove.co.uk/property-for-sale/property-25993060.html how this is ever worth over £300K I will never know. A 6 bed Victorian detatched went for £307 on Welbeck, next street and closer to the village this is mid £250's at best. Maybe its a new strategy to overprice by the EA's knowing that they will have to post big bargain reductions in the coming weeks.
  22. Was a joke at the price it was up at, this house needs to come down another 200k to be even in the right ballpark. This is encouraging though http://www.rightmove.co.uk/property-for-sale/property-24876133.html http://www.rightmove.co.uk/property-for-sale/property-28509296.html Had a chat with an EA today he said lots of activity in the FTB segment and some big houses starting to sell, have not seen much evidence of this on rightmove.
  23. Nice road but it is a bus route, the first house is way over priced. When I spoke to the EA r.e. the second house he said that they were only advertising at that price becase of the price that Baileys had put the first house on at, in reality he expected somewhere around 360K-400K it does have a much smaller gardern than the first house but thats the only real difference. Zoopla only showing 438 sales in PR8 over the last 12 months, it was well over 1000 in the previous 12 months.
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