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TheCountOfNowhere

Location Location Location - Northampton...

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I recall the Northampton Location x 3 from a few years back,

Phil and Kirsty helped a young (gay) couple find and buy a terraced house in the far cotton area of the town( or as the locals know it as the Northampton boating lake on account of the big flood there in 1998, which submersed most of it under 3 foot of water ).

Anyways, the young couple purchased a nice 2 or 3 bed terrace in that nice area for approx 125K (if memory serves me right ). The classic comment being how they had "set a new ceiling for the street".

So, today, I found this place is going for auction in the same area:

http://www.rightmove.co.uk/property-for-sale/property-31375031.html?premiumA=true

18 London Road, Far Cotton, Northampton, NN4 8AH

Guide Price £85,000 3 bedroom terraced house for sale

Maybe setting a new floor for the road :lol::lol::lol:

I'd much rather be setting a new floor than a new ceiling any day of the week.

And for all your facts and figure types out there, this place last sold for £130K in 2005!!!!

http://www.zoopla.co.uk/property/18-london-road/northampton/nn4-8ah/16420969

Property type: Terraced | Tenure: Freehold | Last sale: £130,000 | Sale date: 10th Jun 2005 - Previous sales

If someone has that episode of Location x 3 on dvd, watch it and have a laugh at such classic comments along the lines of...this will make a good investment...

Just as well they got in experts to help with their house hunt.

Edited by TheCountOfNowhere

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Anyways, the young couple purchased a nice 2 or 3 bed terrace in that nice area for approx 125K (if memory serves me right ). The classic comment being how they had "set a new ceiling for the street".

This could go part way to explaining the madness of HPI over the past decade, aside from the compliance of the banks lending obscene amounts of money to anyone with a pulse - sheer pomposity!!! "Ohhhh, we've raised the bar in the street so thats now priced out all the riff raff - oh aren't we the clever ones!" dry.gif

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This could go part way to explaining the madness of HPI over the past decade, aside from the compliance of the banks lending obscene amounts of money to anyone with a pulse - sheer pomposity!!! "Ohhhh, we've raised the bar in the street so thats now priced out all the riff raff - oh aren't we the clever ones!" dry.gif

It was said like that...ohh...look at how clever we are.....not so f**king clever now, eh ?

I think viewing the old location x 3 and looking at it in the context of today's housing market show just how wide of the mark their advice actually was and maybe how the current episodes should be viewed with a large pinch of salt.

Most of the country bought into it but i guess they wouldn't have been allowed on tv saying things like "125K for that, tell 'em to f**k off, it's only worth 45, lets try and get it for that.". So they only reflected everyone else's greed and stupidity. How well they reflected it though :lol:

If anyone with a tv production company wants to make a Location x 3 for the new housing paradigm, could call it "cash in your pocket" then i'm up for fronting it and doing the negotiations with the agents...i've already prepared such classic comments as:

- you're having a laugh, what do you know about the real price of houses your an estate agent.

- Dont be daft, there's twenty of these flats up for sale, we'll buy from whoever offers us the lowest sale price

- You want to live in a flat...don't be stupid

- 160K...lets try and get it for 50

- Wait till the IRs go up, these people will be ***** you can then buy it for a song at auction.

- You can't get a mortgage, good, the banks are thieving tw*ts, save up and buy for cash.

Edited by TheCountOfNowhere

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I'd say there is a strong case for suing these too morons, all the evidence is on tape. "You will not lose money on this house" Phil Spencer 2007

"If you can't find the house of your dreams just buy any house and make money on it until you can" Phil Spencer 2010

Edited by Pent Up

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I'd say there is a strong case for suing these too morons, all the evidence is on tape. "You will not lose money on this house" Phil Spencer 2007

"If you can't find the house of your dreams just buy any house and make money on it until you can" Phil Spencer 2010

They really should try and stop making these programs, though as we are now seeing, they have good comedy value.

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18 London Road, Far Cotton, Northampton, NN4 8AH

Guide Price £85,000 3 bedroom terraced house for sale

Maybe setting a new floor for the road :lol::lol::lol:

And for all your facts and figure types out there, this place last sold for £130K in 2005!!!!

http://www.zoopla.co.uk/property/18-london-road/northampton/nn4-8ah/16420969

Property type: Terraced | Tenure: Freehold | Last sale: £130,000 | Sale date: 10th Jun 2005 - Previous sales

der... its an auction guide price, start laughing when you actually know what it sells for.....

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It was said like that...ohh...look at how clever we are.....not so f**king clever now, eh ?

I think viewing the old location x 3 and looking at it in the context of today's housing market show just how wide of the mark their advice actually was and maybe how the current episodes should be viewed with a large pinch of salt.

Most of the country bought into it but i guess they wouldn't have been allowed on tv saying things like "125K for that, tell 'em to f**k off, it's only worth 45, lets try and get it for that.". So they only reflected everyone else's greed and stupidity. How well they reflected it though :lol:

If anyone with a tv production company wants to make a Location x 3 for the new housing paradigm, could call it "cash in your pocket" then i'm up for fronting it and doing the negotiations with the agents...i've already prepared such classic comments as:

- you're having a laugh, what do you know about the real price of houses your an estate agent.

- Dont be daft, there's twenty of these flats up for sale, we'll buy from whoever offers us the lowest sale price

- You want to live in a flat...don't be stupid

- 160K...lets try and get it for 50

- Wait till the IRs go up, these people will be ***** you can then buy it for a song at auction.

- You can't get a mortgage, good, the banks are thieving tw*ts, save up and buy for cash.

Sounds a winning programme to me :) - I'd watch it.

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Sounds a winning programme to me :) - I'd watch it.

Most on here would enjoy it.

This property is up for auction but they don't sell for much more than that on the open market.

This website is called www.housepricecrash.co.uk and not www.weloveoverpricedshithousing.com, so we can revel in such beautiful circumstances.

We'll keep an eye on this one and see how it goes.

I'm hoping to see that new floor.

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I've revised the new show's name to:

Austerity Austerity Austerity.

I have a fat posh bird lined up as my co-host :rolleyes:

P.s. Those people that can't sell over on MSE sre the very ones who have been saved from repossesions....their reprieve will be short lived.

Edited by TheCountOfNowhere

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I've revised the new show's name to:

Austerity Austerity Austerity.

I have a fat posh bird lined up as my co-host :rolleyes:

P.s. Those people that can't sell over on MSE sre the very ones who have been saved from repossesions....their reprieve will be short lived.

That`s cool.

As opposed to the original fat slapper

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When was the first LLL broadcast?

Because the episode guide says:

"Season 9, Episode 11

Kirstie Allsopp and Phil Spencer revisit first-time buyers Andrew Donald and Ian Salmon, who embarked on a property search in Northampton. They discover whether the pair are still glad they opted for a terraced house, having originally targeted a newly built property"

and Channel 4's website says that programme was broadcast on Wednesday, 10th March 2010.

If when the revisit episode was filmed they were still in the house in Far Cotton, was it they who paid £130,000 for it in 2005?

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Just back from my Fortress of Solitude in rural Spain.

On the subject of property porn, I happened to see a bit of Escape to the Country the other day in which some punters were being shown converted cowsheds at around £300,000.

What amused me was that the cowshed conversions were called "dairy barns" in EA speak.

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There was a mini-boom in Far Cotton a few years ago, all relating to the Victorian terraces there, and all, I guess, caused by the BTL market. It coincided with a big influx of Eastern Europeans into the neighbourhood, so I guess they were the ones renting.

It wasn't reflective of the general market in Northampton. Indeed, I bought a 1930s detached, with a big garden, garage, and loads of off-road parking for not much more than a 2 bed terrace with no garden and no off-road parking literally 200 yards away. It was madness. Especially when you could buy similar terraces in the much nicer Abington for about the same price.

In 2005 I did believe Far Cotton was up and coming. A fancy delicatessen even opened on St Leonard's road (and soon closed again). But ultimately, it couldn't escape the dark shadow cast by the rough council estate, and the lack of quality development along the canal and in the town centre. It had potential to be a great area, but I reckon its in a worse state now than it was when I moved there eight years ago.

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You may indeed. Proceed. ;)

Message to the location x3 team....130K for a terrace in far cotton was stupid. Setting a new ceiling on any street is a VERY BAD THING.

Anyone know what happened to the young couple? How's their investment looking !!!

Now, after 3 everyone..... :lol::lol::lol::lol:

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Its crazy. Still, which of the following houses would you prefer to own (both are in exactly the same area, a couple of streets apart, and more or less the same price):

3 bed Victorian terrace:

http://www.rightmove.co.uk/property-for-sale/property-25447015.html

or 2 bed, er, not sure what this is:

http://www.rightmove.co.uk/property-for-sale/property-23511856.html

:blink:

No prizes for guessing which one is under offer.

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First broadcast

http://www.channel4.com/programmes/location-location-location/4od

Series 8 Episode 15 Location, Location, Location (25 mins)

Phil and Kirstie dish out some tough love with househunters Ian Salmon and Andrew Donald, two first time buyers in dire financial straits who need a bit of a reality check on properties in…

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It was said like that...ohh...look at how clever we are.....not so f**king clever now, eh ?

I think viewing the old location x 3 and looking at it in the context of today's housing market show just how wide of the mark their advice actually was and maybe how the current episodes should be viewed with a large pinch of salt.

Most of the country bought into it but i guess they wouldn't have been allowed on tv saying things like "125K for that, tell 'em to f**k off, it's only worth 45, lets try and get it for that.". So they only reflected everyone else's greed and stupidity. How well they reflected it though :lol:

If anyone with a tv production company wants to make a Location x 3 for the new housing paradigm, could call it "cash in your pocket" then i'm up for fronting it and doing the negotiations with the agents...i've already prepared such classic comments as:

- you're having a laugh, what do you know about the real price of houses your an estate agent.

- Dont be daft, there's twenty of these flats up for sale, we'll buy from whoever offers us the lowest sale price

- You want to live in a flat...don't be stupid

- 160K...lets try and get it for 50

- Wait till the IRs go up, these people will be ***** you can then buy it for a song at auction.

- You can't get a mortgage, good, the banks are thieving tw*ts, save up and buy for cash.

How many programs will we have on showing how to pay off your negative equity debts in under a decade?

Kirstys Home Made Debt Reducers (Phil waffling in the background)

- where punters are forced to take second or third jobs working till 3am with stavros or produce indian-style piece work jeans and shirts till 4am every morning.

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