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jensa

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About jensa

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  1. If thats your strategy doesn't it make sense to buy while prices go up ? Prices won't really drop until interest rates goes up and thats not anytime soon.... You have to remember property in London have become storage facilities for overseas buyers, so not sure if they ever will drop again unless heavy taxes are introduced....
  2. No anything on the wrong side of kingston hill (outside catchment to Alexandra) is 100-150 k cheaper. Once those parents realise they won't get into secondary they might drop. But thats just my thought i.e. Gibbon Road/Elm Road is on the correct side but it will be far from there to the new secondary so might miss out.... Example: this one would be 100 k more expensive if you moved the house 300 meter :-) http://www.rightmove.co.uk/property-for-sale/property-28959444.html
  3. Yes the new school will be based on distance. However interesting its only a 6 form intake. So some easy counting: Fern Hill 3, Latchmere 4, Alexandra 2, St Agatha 2. Say around 60 kids get into Tiffin that means it will be a few not getting in interesting then if say around gibbon road/elm road then become closer to Norbiton station prices.
  4. What do you think 1 this will sell for and secondly could sell for; say double story side extension and loft converted assuming no general house price increase? Start to think if you made it up and put it back on for 750 well if I had 750 I rather live somewhere else. http://www.rightmove.co.uk/property-for-sale/property-42701083.html?premiumA=true
  5. http://www.rightmove.co.uk/property-for-sale/property-29102577.html Came on market late Friday went viewed it on Saturday... 40 viewings put in an offer above asking. Not a chance went 100k above according to agent with 28 offers. Whats going on... North Kingston is completly mad at the moment must be the school stress....
  6. If you have kids or like sports go for Kingston/Wimbledon if not go more central...
  7. Anyone more than me who have noticed a stagnation of house prices in North Kingston. At the moment some of the houses on the tudor development seem to be staying on a bit longer. I also wonder how this area will be affected by the cut in child benefits since the housing area is driven by families who want good state schools.
  8. Also if you actually could afford a property like this how will a say 200 a month cut in child benefits impact. That will be very interesting..... Think child benefit cuts can have a huge impact
  9. I haven't thought about it in this way but you are right it's enough of these "rich people" to fill all of the nice areas. What's also important to remember is how important location is for some people. My mate just bouth a 2 bed flat in W8 for around 750k and he literally said this is the only area he's prepared to live in. If he could only afford a study he would still only buy in this area. So for him even if he could afford a palace in Shepards Bush he still would rather buy a study in W8. I think a lot the same apply to Kingston, some people will just refuse to live in Tolworth/Chessington and "have" to live in N Kingston/Central Surbiton pushing prices up.
  10. And that brings us down to the fundamental question, what's needed for houseprices to fall properly in the SE ? I would say the best favor the government can do is to start building on the greenbelts otherwise how are young normal working people going to ever afford to move out of home. I live in Kingston and me and my wife earns above 100k together and we still can't afford a house in N Kingston, I don't want to think how its then for a couple both having around 7pound/hour jobs,
  11. What you should do in a couple of weeks is to get a friend calling the estate agent and saying they want to view the flat. Then you'll find out if it is under offer or not. I'm a bit suprised by a flat in need of modernisation having 6 bids on it, can't believe it really. When we bought our flat in Kingston last year we got it for 243 when the original asking where 300. Lot of work was needed though to bring it up to "livable" standard.
  12. What you should do in a couple of weeks is to get a friend calling the estate agent and saying they want to view the flat. Then you'll find out if it is under offer or not. I'm a bit suprised by a flat in need of modernisation having 6 bids on it, can't believe it really. When we bought our flat in Kingston last year we got it for 243 when the original asking where 300. Lot of work was needed though to bring it up to "livable" standard.
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