Jump to content
House Price Crash Forum


New Members
  • Content Count

  • Joined

  • Last visited

About naptrel

  • Rank
    HPC Newbie
  1. Did I read that right? Is that a typo from ESPC or is it a very lame attempt at spin? Surely it should read: ?
  2. A (nice) Edinburgh-based surveyor once told me that victorian/edwardian terraces are frequently prone to subsidence at their ends. Apparently, when excavating foundations, the trench would typically be deeper at the terrace's centre than at the ends. Presumably this isn't limited to Edinburgh. I remember visiting a huge Morninside end-of-terrace in 2011 (way over budget, but nosiness trumps that) that had a very similar crack to the one you describe. In that case, the Home Report did make mention of it (though it refrained from using such pejorative terms as 'subsidence'), and most viewers we
  3. “People that live in houses worth millions behave the same to people whose houses cost £500,000. It’s quite a mixed area really." Yes, as diverse as crimson, ruby and maroon!
  4. A property is worth what someone will pay for it--it's the market economy way, you know? (Ergo an unsold property is worthless!) Home report valuations and land registry sold-price searches are no more authoritative and meaningful than the "completed listings" button on eBay. The surveyor's valuation is certainly influenced by the seller and the estate agent: surveyors can be trusted to (superficially) assess the fabric of a property, and estate agents can be trusted to produce mediocre schedules. But beyond that, it's entirely up to the buyer to beware. But that's how it should be, surely?
  5. The grange is nice, and Cumin place is pretty darn desirable, but is it really this desirable? You get a nice wee garden, and a foldy-out wall onto it from your lounge, but the deck is included as part of the house in the floor plan and there are no room dimensions given.
  6. Some schedules continue to kick around for a while after a property sells. I just wish someone archived them, along with the sold price. Wouldn't it be great to go onto ourproperty.co.uk (etc) and click on the schedule relating to the sale...you could get a visual history of a property. But I guess there are copyright (and privacy?) issues.
  7. Oh dear, just had a look on Google Streetview to see if I could figure where ex-sir fred's house is/was and there's a suspicious gap in Streetview's coverage. For the public good, I suppose. As for the area...the grange is lovely. Flanked on four sides by: the meadows, Mayfield, Blackford Hill and Morningside, it's the ultimate suburbia--big, leafy, central with bourgeois buffers on all sides. It's no surprise it's so desirable. But price and desirability have never had a linear relationship, hence £700k+ for a flat. But take heart--at least it's an affy big flat: nearly 3500 square feet. (An
  8. I think the upper end is sagging a bit. Or at least that's what a quick peruse of EH9 recently sold house prices suggests. For example, 69 Findhorn Place: asking £445k, sold for £420k 1 Glenisla Gardens: asking £725k, sold for £650k 109 Mayfield Road: asking £550k, sold for £530k 12b Oswald Road: asking £795k, sold for £768k 1a1 St. Margarets Road: asking £690k, sold for £645k All decent places (but you'd hope so for those prices). I don't know if you can tell much by comparing what the seller wants with what they get, but it may suggest something. I think the asking price for some of th
  9. Gayfield House, East London Street This upper-end place makes me a bit sad. It is a spectacular house. For 500k (the price is dropping), it is in a very different league to the run-of-the-half-million Morningside terraced house. Gosh, it's grander than your typical Aston-Martined fancy-schmancy new town pad, too. But. While the area is nice, and very central, the house is sandwiched by yuck (offices, schools, warehousey-looking cack) and I'd guess that there are some serious maintenance costs looming. Plus you don't get the basement. But wouldn't you love to live in a place like this? And
  10. I suspect the estate agent is right--you won't get your money back. But you will have a better chance of selling. I wouldn't suggest full double glazing or a new bathroom, both of which might be quite pricey (though you could buy and install a new bathroom set pretty cheaply if it doesn't require relaying flooring or rerouting plumbing etc?), but I wouldn't sell a property in this market without substantial redecoration. A fresh coat of magnolia walls and white woodwork (it sells!) will be cheap and may be the difference between selling and not. Dingey won't sell. I think it's worth investing
  11. Obviously, it depends on your personal priorities (e.g. do you have kids?) But boring things like that aside. Let's play with silly, overly-generalising (and a bit arbitrary) lists. Top Tier Grange Merchiston Morningside (to the east of Morningside/Comiston road) Inverleith (around botanic gardens) Barnton (an exclusive subset of roads) New Town (highlights: Moray Place, Heriot Row, Regent Terrace etc) These are the areas that have a high concentration of > £1.5million houses, so these are the flickering flames around which the rest buzz. Desirability seems to radiate out fro
  12. As a seller, I don't think you can set a closing date unless you have received more than one note of interest. So it sounds like you've got competition, and the sellers have received at least one verbal/formal offer (perhaps yours, perhaps the other interested party's) that's close enough to what they're willing to accept that they've decided it's better to close now than hold out for any more interest and risk losing the interest they've already got. It's rare at the moment for things to go to a closing date, but it's probably a nice property priced right--the best'uns are still shifting. S
  13. I think it's excellent. The overhaul leapfrogs rightmove is user experience, and it's night and day vs the old espc site: it's soooo much better at drilling down to specific kinds of properties in specific areas with enough overlap/fuzziness to reassure you that you're catching listings on the fringe of your search criteria. Well done.
  14. Perhaps, if there's any truth to this malicious rumour, there's a particular sequence of steps that lead to this lock-out. At risk of digging myself deeper into a hole of mistruths, I'll speculate that it might involve something along the lines of: One party place note of interest. Seller (concerned that no more interest is forthcoming) invites interested party to submit formal offer. Other parties become interested. To deter gazumping, having invited an offer (rather than setting a closing date?), seller is not allowed to communicate with other interested parties. In fact, notes of intere
  15. I can't remember where I heard it--it's probably some cack rumour that I'm propagating without ever asking myself if it had any basis in law.
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.