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18 May 2010 * Price changed: from 'Guide Price £590,000' to 'Guide Price £550,000' [Found by n/a]

21 April 2010 * Price changed: from 'Guide Price £625,000' to 'Guide Price £590,000' [Found by n/a]

01 April 2010 * Price changed: from 'Guide Price £645,000' to 'Guide Price £625,000'

25 February 2010 * Initial entry found.

It's a 2500sqft house and still out of my price range but interesting that a decent house is getting close to £200/sqft, (this is my target price for a house ready to move into after I sold at £250sq/ft back in 2003).

I've noticed a few of these recently and wondered about the psychology behind it. For most houses in this price range, it does normally take a few months to sell. So many price drops in a short period smells of trouble.

There are starting to be more of these in South Cambs now. I feel the tide turning.

VMR.

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18 May 2010 * Price changed: from 'Guide Price £590,000' to 'Guide Price £550,000' [Found by n/a]

21 April 2010 * Price changed: from 'Guide Price £625,000' to 'Guide Price £590,000' [Found by n/a]

01 April 2010 * Price changed: from 'Guide Price £645,000' to 'Guide Price £625,000'

25 February 2010 * Initial entry found.

But it's only a total reduction of 11.6%. Which ain't that much.....

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18 May 2010 * Price changed: from 'Guide Price £590,000' to 'Guide Price £550,000' [Found by n/a]

21 April 2010 * Price changed: from 'Guide Price £625,000' to 'Guide Price £590,000' [Found by n/a]

01 April 2010 * Price changed: from 'Guide Price £645,000' to 'Guide Price £625,000'

25 February 2010 * Initial entry found.

Dangerously close to the £500k threshold now as well. Was it just ludicrously priced to start with?

Not much of this round here (East of Oxford), still pretty bouyant, but where my parents are (Somerset) little is shifting and some prices are starting to ease downward.

regards

J

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18 May 2010 * Price changed: from 'Guide Price £590,000' to 'Guide Price £550,000' [Found by n/a]

21 April 2010 * Price changed: from 'Guide Price £625,000' to 'Guide Price £590,000' [Found by n/a]

01 April 2010 * Price changed: from 'Guide Price £645,000' to 'Guide Price £625,000'

25 February 2010 * Initial entry found.

It's a 2500sqft house and still out of my price range but interesting that a decent house is getting close to £200/sqft, (this is my target price for a house ready to move into after I sold at £250sq/ft back in 2003).

I've noticed a few of these recently and wondered about the psychology behind it. For most houses in this price range, it does normally take a few months to sell. So many price drops in a short period smells of trouble.

There are starting to be more of these in South Cambs now. I feel the tide turning.

I know of people who've gone from annual incomes of £250,000 to nil over the last year or so, who've been stretched themselves on property and haven't had much to fall back on.

Looks like one of those.

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Dangerously close to the £500k threshold now as well. Was it just ludicrously priced to start with?

Yes, £550K seems to mean "we want £500K". 2500sq ft is a big house in the UK, can't get much for sub £200/sqft round here, even if it needs a gut-and-strip. It sticks out that they are dropping £10+K every few weeks, should be cheap by the end of 2011 :)

Edited by VeryMeanReversion

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18 May 2010 * Price changed: from 'Guide Price £590,000' to 'Guide Price £550,000' [Found by n/a]

21 April 2010 * Price changed: from 'Guide Price £625,000' to 'Guide Price £590,000' [Found by n/a]

01 April 2010 * Price changed: from 'Guide Price £645,000' to 'Guide Price £625,000'

25 February 2010 * Initial entry found.

It's a 2500sqft house and still out of my price range but interesting that a decent house is getting close to £200/sqft, (this is my target price for a house ready to move into after I sold at £250sq/ft back in 2003).

I've noticed a few of these recently and wondered about the psychology behind it. For most houses in this price range, it does normally take a few months to sell. So many price drops in a short period smells of trouble.

There are starting to be more of these in South Cambs now. I feel the tide turning.

VMR.

Where is such a house??? im only interested to compare drops in my area

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http://www.rightmove.co.uk/property-for-sale/property-25078853.html

19 May 2010

* Price changed: from '£2,995,000' to '£2,500,000'

15 March 2010

* Agents Telephone changed: from '08452491272' to '08433133045'

* Brief Description changed: The exquisite setting of Nook Farm, down a long tree lined private drive, well off the beaten track, is just one of the surprises as you approach this impressive property set within 100 78 acres. The current owners believe parts of the house date back to Elizabethan times and the house and outbuildings

* Price changed: from '£4,000,000' to '£2,995,000'

14 May 2009

* Initial entry found.

:lol:

Edited by Concrete Jungle

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* Price changed: from '£2,995,000' to '£2,500,000'

* Price changed: from '£4,000,000' to '£2,995,000'

Oh yes, very nice.

I love the smell of wealth destruction in the morning.

5 miles from Preston - that hotbed of high salaries & telephone no. bonuses.

:lol:

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18 May 2010 * Price changed: from 'Guide Price £590,000' to 'Guide Price £550,000' [Found by n/a]

21 April 2010 * Price changed: from 'Guide Price £625,000' to 'Guide Price £590,000' [Found by n/a]

01 April 2010 * Price changed: from 'Guide Price £645,000' to 'Guide Price £625,000'

25 February 2010 * Initial entry found.

It's a 2500sqft house and still out of my price range but interesting that a decent house is getting close to £200/sqft, (this is my target price for a house ready to move into after I sold at £250sq/ft back in 2003).

I've noticed a few of these recently and wondered about the psychology behind it. For most houses in this price range, it does normally take a few months to sell. So many price drops in a short period smells of trouble.

There are starting to be more of these in South Cambs now. I feel the tide turning.

VMR.

Why did you sell?

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[not South Cambs - but not a million miles away - just a bit further down the M11).

The discount might be to do with being at the end of the Stansted runway.

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http://www.rightmove...y-25078853.html

19 May 2010

    * Price changed: from '£2,995,000' to '£2,500,000'

15 March 2010

    * Agents Telephone changed: from '08452491272' to '08433133045'

    * Brief Description changed: The exquisite setting of Nook Farm, down a long tree lined private drive, well off the beaten track, is just one of the surprises as you approach this impressive property set within 100 78 acres. The current owners believe parts of the house date back to Elizabethan times and the house and outbuildings

    * Price changed: from '£4,000,000' to '£2,995,000'

14 May 2009

    * Initial entry found.

:lol:

WTF is an orangery

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.... Just come on the market!! Don't delay, you might miss out! (EA just called me 'all excited')

http://www.rightmove...y-29868128.html

More chance of a w@nk off Princess Anne methinks (sorry to be crude but FFS!)

That's not a house. It' a square of a few bricks with a bit of plastic, wood and glass.

450K !!!! WTF is going on?

PS - Princess Anne is a bit of hot toddy compared to Camilla PB. Imagine wannking waking up to that?

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  • 277 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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