Jump to content
House Price Crash Forum
Sign in to follow this  
brocken spectre

What's It Worth

Recommended Posts

This is on for £275,000.

Seeing this made me feel quite depressed,i feel this sort of property should be given away.

BS :(

Luckily places of worship are close by,you might need them.

Prime Central location that Edgeware, £275k looks good value to me... If theres a few going i might pick up 1 for myself and a couple for BTL.

Share this post


Link to post
Share on other sites

This is on for £275,000.

Seeing this made me feel quite depressed,i feel this sort of property should be given away.

BS :(

Luckily places of worship are close by,you might need them.

If that's where you want to live, you really do need to have a word with yourself, or a psychiatrist.

Share this post


Link to post
Share on other sites

This is on for £275,000.

Seeing this made me feel quite depressed,i feel this sort of property should be given away.

BS :(

Luckily places of worship are close by,you might need them.

Actually, that's not bad value for Edgware in today's market. Where it'll be in a year or so, who knows...

Edited by DownsizingDiva

Share this post


Link to post
Share on other sites

Can't comment on the local market, but........penthouse appartment........more like squatting in someone else's attic. Tiny windows and no soul. Not even a vase of twigs to justify the pricetag! ;)

Share this post


Link to post
Share on other sites

Actually, that's not bad value for Edgware in today's market. Where it'll be in a year or so, who knows...

It'll be less. At 10x the national average income for a 2 bed flat, it is surprising anyone wants to live there. But I suppose people who have fooled themselves into thinking they are wealthy because the £ number attached to their bricks and mortar is high, think it's alright.

Share this post


Link to post
Share on other sites

House price psychology is a strange thing. Family selling a house. 50k overpriced as far as I am concerned. The fact that despite 3 viewings, no offers have been forthcoming. One would think this should serve as a hint. Each time I suggest we reduce the price to an elder, it is met with a stony silence, and lots of reasons given why the house is worth more than the others. When I return from my holidays, if there has been no movement, I am going to insist it is reduced. I hope to have the the backing of some key family members by then who at the moment, agree with me, but don't want to be undermining. Being lower down the sibling hierarchy does not help! :rolleyes::( I mean, what do I know?

Share this post


Link to post
Share on other sites

but........penthouse apartment........more like squatting in someone else's attic.

Exactly. Heaven knows what the rest must be like.

Share this post


Link to post
Share on other sites

House price psychology is a strange thing. Family selling a house. 50k overpriced as far as I am concerned. The fact that despite 3 viewings, no offers have been forthcoming. One would think this should serve as a hint. Each time I suggest we reduce the price to an elder, it is met with a stony silence, and lots of reasons given why the house is worth more than the others. When I return from my holidays, if there has been no movement, I am going to insist it is reduced. I hope to have the the backing of some key family members by then who at the moment, agree with me, but don't want to be undermining. Being lower down the sibling hierarchy does not help! :rolleyes::( I mean, what do I know?

Good news. We have agreed to reduce the price by 30k (family member initially suggested 10k :ph34r::rolleyes::unsure: I mean.....what would the point be??). The EA was very happy when he received the call instructing a reduction. He stated that it is so unusual for a vendor to request a price reduction. He went onto say that broaching reductions with vendors was a difficult thing as usually they are extremely resistant :) EA now reckons it will sell soon. Funny that as it was his firm (colleague) who valued it at the original ridiculous price a few weeks ago. Still think the market value is about 20k or more less.

On a side note, I have been told "we are not giving it away!!!" :lol::huh::unsure:

Share this post


Link to post
Share on other sites

Good news. We have agreed to reduce the price by 30k (family member initially suggested 10k :ph34r::rolleyes::unsure: I mean.....what would the point be??). The EA was very happy when he received the call instructing a reduction. He stated that it is so unusual for a vendor to request a price reduction. He went onto say that broaching reductions with vendors was a difficult thing as usually they are extremely resistant :) EA now reckons it will sell soon. Funny that as it was his firm (colleague) who valued it at the original ridiculous price a few weeks ago. Still think the market value is about 20k or more less.

On a side note, I have been told "we are not giving it away!!!" :lol::huh::unsure:

Can you give an indication of what % off that is - 30k off 150k is very different to 30k off 750k...

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 153 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%



×
×
  • 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.