ScaredEitherWay Posted July 29, 2010 Share Posted July 29, 2010 I'm sure if you go looking there'll be others that have gone before ... and more to come. But this one just popped up today as another reduction: http://www.rightmove.co.uk/property-for-sale/property-22231102.html May 2009: £80,000 Aug 2009: £69,950 Apr 2010: £59,000 May 2010: £49,950 July 2010: £39,950 Quote Link to comment Share on other sites More sharing options...
lulu Posted July 29, 2010 Share Posted July 29, 2010 I'm sure if you go looking there'll be others that have gone before ... and more to come. But this one just popped up today as another reduction: http://www.rightmove.co.uk/property-for-sale/property-22231102.html May 2009: £80,000 Aug 2009: £69,950 Apr 2010: £59,000 May 2010: £49,950 July 2010: £39,950 Yet still over priced.... Quote Link to comment Share on other sites More sharing options...
Lagarde's Drift Posted July 29, 2010 Share Posted July 29, 2010 I'm sure if you go looking there'll be others that have gone before ... and more to come. But this one just popped up today as another reduction: It is an immobile caravan that costs you large parking fees. Should be burnt. Quote Link to comment Share on other sites More sharing options...
Fishbone Glover Posted July 29, 2010 Share Posted July 29, 2010 50% off, yet still about 50% overpriced! Quote Link to comment Share on other sites More sharing options...
Frank Hovis Posted July 29, 2010 Share Posted July 29, 2010 Wildly optimistic first pricing IMO. £80k for a shabby caravan indeed. Quote Link to comment Share on other sites More sharing options...
swissy_fit Posted July 30, 2010 Share Posted July 30, 2010 It is an immobile caravan that costs you large parking fees. Should be burnt. Seriously? You have to pay fees to keep that thing? I think I'm correct in saying that Mr Parrys 2000sq ft place in Thailand cost him about 20k to build, and the remaining 20k would keep him in food and booze a very long time. OK it's not exactly comparing like for like but puts a bit of perspective on 40k for a shabby park home in a part of the world where work is low paid and hard to find. Quote Link to comment Share on other sites More sharing options...
Milton Posted July 30, 2010 Share Posted July 30, 2010 (edited) *** 50%*** reduction {so far} from peak 2007 price: http://www.chesterto...5B4270E3%7D.pdf. http://www.houseweb.com/190721/ http://www.propertys.../detail/8860340 Still massively overpriced. Ive seen the same houses go to auction 4 times over a year, and after recieving a number of bids, only attract a highest bid of around 66% off the peak 2007 sold price. [Nice houses too] But the Bank doesnt have to sell, being propped up by the taxpayer....... No chance I am buying until they return to their pre 2000 prices. Edited July 30, 2010 by Dan1 Quote Link to comment Share on other sites More sharing options...
Padraig Posted July 30, 2010 Share Posted July 30, 2010 *** 50%*** reduction {so far} from peak 2007 price: http://www.chesterto...5B4270E3%7D.pdf. http://www.houseweb.com/190721/ http://www.propertys.../detail/8860340 Still massively overpriced. Ive seen the same houses go to auction 4 times over a year, and after recieving a number of bids, only attract a highest bid of around 66% off the peak 2007 sold price. [Nice houses too] But the Bank doesnt have to sell, being propped up by the taxpayer....... No chance I am buying until they return to their pre 2000 prices. That house was last bought for £250K in June 2003. £700K was the peak asking price not the sold price. Quote Link to comment Share on other sites More sharing options...
Padraig Posted July 30, 2010 Share Posted July 30, 2010 Now gone SSTC with asking price of £325K. Quote Link to comment Share on other sites More sharing options...
Milton Posted July 30, 2010 Share Posted July 30, 2010 (edited) That house was last bought for £250K in June 2003. £700K was the peak asking price not the sold price. My post never says it was the peak sold price does it? Its still 50% off peak price. As it states on Propertysnake. Edited July 30, 2010 by Dan1 Quote Link to comment Share on other sites More sharing options...
xux42 Posted August 18, 2010 Share Posted August 18, 2010 Now gone SSTC with asking price of £325K. For sale again. . . £320k "That house was last bought for £250K in June 2003" Getting very close to 2003 + inflation now. Quote Link to comment Share on other sites More sharing options...
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