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trappedsharedowner

Crazy Difference!

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My house is end of terrace, enormous garden (room for extension), garage, car port, greenhouse, veg plots. 2 independent RICS valuations at £146,000. An Estate Agent who came round said he would put it on for £155,000.

Neighbour has just put theirs on the market. Identical house, tiny garden, garage, mid-terrace. £167,000.

I know it's only an 'asking' price - but the difference shows that the market is all over the place, doesn't it??!

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My house is end of terrace, enormous garden (room for extension), garage, car port, greenhouse, veg plots. 2 independent RICS valuations at £146,000. An Estate Agent who came round said he would put it on for £155,000.

Neighbour has just put theirs on the market. Identical house, tiny garden, garage, mid-terrace. £167,000.

I know it's only an 'asking' price - but the difference shows that the market is all over the place, doesn't it??!

The market isn't all over the place it's just EAs are still pricing stupidly high. Normally the EA will call back in a week or two advising them to reduce.

The Mortgage companies valuation will be way below asking prices:

http://www.ybs.co.uk/mortgages/current_products/property_valuations.html

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  • 140 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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