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House Price Crash Forum

How Much Should I Offer


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HOLA441
Thats still pretty amazing to see something on for rent at £1000 but similar up for sale around 500K!!

Agreed, but what event will encourage people to reduce prices, I can let this one go and the next eventually you run out of desirable place and end up paying the same price for less desirable house? catch 22?

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HOLA442
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HOLA443

http://www.propertysnake.co.uk/site/detail/23534393

£360,000 (DOWN 20% from £450,000)

Auction Guide Price £360,000 - £3 PR8 4SS (pr8)

6 bedroom house

Last updated 03 May 2009.

Event Historydate event

11 Jan 2009 First day listed (price £450,000)

25 Mar 2009 Price changed from £450,000 to £390,000

03 May 2009 Price changed from £390,000 to £360,000

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HOLA444
http://www.propertysnake.co.uk/site/detail/23534393

£360,000 (DOWN 20% from £450,000)

Auction Guide Price £360,000 - £3 PR8 4SS (pr8)

6 bedroom house

Last updated 03 May 2009.

Event Historydate event

11 Jan 2009 First day listed (price £450,000)

25 Mar 2009 Price changed from £450,000 to £390,000

03 May 2009 Price changed from £390,000 to £360,000

Driving directions to Southport PR8 2AX, UK

0.8 mi – about 3 mins

Southport PR8 4SS, UK

1. Head west on Crescent Rd toward Dover Rd 433 ft

2. Continue on Grosvenor Rd 0.1 mi

3. Turn right at Trafalgar Rd 0.2 mi

4. Continue on York Rd 0.2 mi

5. Turn left at Saxon Rd

Destination will be on the right 0.1 mi

Southport PR8 2AXUK

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HOLA445
The above link was a company sale, I looked at it last year. A relocation company bought the house for 597k in 2007 and put it back on the market at 525k. I offered 450K a year ago and they said no, then they changed agents and said it had been let for 2 years, it was occupied for a few months but has been empty since feb. Agent says they will wait for the market to pick up and put it back on again. Needs a lot of work min 100k maybe double that (roof, windows, kitchen, asbestos garrage roof, new heating system etc) in my view but similar house on the same street is on the market at close to 800k, although its not sold!

IMHO there are mabe one or two big houses in southport worth 1m+ but the rest are overpriced places that sould be in the 5 to 700k range which they were in 2006, appears that the bigger houses have gone up a lot since 2006/7 which does not mirror a lot of the comments/expectations on this site.

http://www.rightmove.co.uk/property-for-sa...25%26index%3D20

#£275,000 4 bedroom detached house for sale

Dover Road Birkdale

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HOLA446
http://www.rightmove.co.uk/property-for-sa...25%26index%3D20

#£275,000 4 bedroom detached house for sale

Dover Road Birkdale

Here is the estate agent explanation:

There are three distinct areas in birkdale, shoreside = prime expensive properties, the village = second most expensive the rest = least expensive. Given that they are only seperated by less than 500 yards you can see the same houses for upto 100% more expensive in shoreside than the rest of birkdale.....

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HOLA447
Driving directions to Southport PR8 2AX, UK

0.8 mi – about 3 mins

Southport PR8 4SS, UK

1. Head west on Crescent Rd toward Dover Rd 433 ft

2. Continue on Grosvenor Rd 0.1 mi

3. Turn right at Trafalgar Rd 0.2 mi

4. Continue on York Rd 0.2 mi

5. Turn left at Saxon Rd

Destination will be on the right 0.1 mi

Southport PR8 2AXUK

Thank you threetimesdead, I did see this, the auciton is on the 28th so will see what price it goes for. As for the price difference with saxon road see my estate agent explanation above, saxon road falls on the shoreside of birkdale and this house misses it by around 200m :-( i heard from another agent that a house very near will soon be coming on the market for even more, maybe closer to 500+ will see what happens...

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HOLA448
Thank you threetimesdead, I did see this, the auciton is on the 28th so will see what price it goes for. As for the price difference with saxon road see my estate agent explanation above, saxon road falls on the shoreside of birkdale and this house misses it by around 200m :-( i heard from another agent that a house very near will soon be coming on the market for even more, maybe closer to 500+ will see what happens...

Also to add that countrywide aucitons who are the auciton house have advertised a guide of 380, its now on rightmove twice once with countrywide at 380 and once with entwhistle and green at 360k go figure :blink:

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  • 4 weeks later...
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HOLA449
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HOLA4410

so the pros will not touch houses at these prices..why should you..... i really think that you give too much away to the estate agents....treat them with the contempt they deserve the lying scoundrels.

if you can wait you will financially free yourself from so much debt it will be amazing or you can buy now and watch prices go down and have the if only feeling....

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