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Price Discovery In Kew Riverside


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Exhibit A:

These people have just dropped their price by £20k from £540k hoping for a sale.

http://www.rightmove.co.uk/property-for-sale/property-16046094.html

Exhibit B:

But in the next building there's one with the same floorplan for £375k, a fall from £415k two months ago.

http://www.rightmove.co.uk/property-for-sale/property-30660965.html

The biggest joke is that they're both on with the same agent!

Down and down and down she goes. Where she stops, nobody knows!

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Exhibit A:

These people have just dropped their price by £20k from £540k hoping for a sale.

http://www.rightmove.co.uk/property-for-sale/property-16046094.html

Exhibit B:

But in the next building there's one with the same floorplan for £375k, a fall from £415k two months ago.

http://www.rightmove.co.uk/property-for-sale/property-30660965.html

The biggest joke is that they're both on with the same agent!

Down and down and down she goes. Where she stops, nobody knows!

Could someone call the agent and ask what the difference is?

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What a nonsense thread. The answer is staring you in the face.

One person is 300K in debt and the other, 500K.

Sure accepted but I'd be interested to hear the EA justification.

Call and ask to view the expensive one (incentive to sell this due to higher commision) and then mention you've seen the other and ask what the difference is.

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Sure accepted but I'd be interested to hear the EA justification.

Call and ask to view the expensive one (incentive to sell this due to higher commision) and then mention you've seen the other and ask what the difference is.

I would love to but I'm on a small pacific island atm.

Edit: and celebrating accordingly....

Edited by Alan B'Stard MP
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I would love to but I'm on a small pacific island atm.

Edit: and celebrating accordingly....

Lucky git.

I'd expect a silver branch in a barrel for that kind of money

I believe at least 10% of the additional asking price is to employ someone to come and bake cookies / bread immediately before viewings.

Likewise for potential buyers who call in with a slightly forced plummy accent like a standard middle class kid who has fallen into banking and found they have too much mony to be careful with they will ensure some aspirational items are left around. BMW outside, high end holiday brochures on coffee table, music stand and instrument if for a family.

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I suspect their answer would be that one of them is facing towards the river and the other isn't.

I suspect the cheaper one is facing the municipal dump that's right next to it. Of course, when it went on sale, the develop/EAs "promised" buyers that the council was going to close the dump.  :rolleyes: Outrage from buyers once they realised it wasn't going to happen.

The other side of the dump there's a crematorium, but I suspect buyers are already being burned.  :blink:

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I suspect the cheaper one is facing the municipal dump that's right next to it. Of course, when it went on sale, the develop/EAs "promised" buyers that the council was going to close the dump.  :rolleyes: Outrage from buyers once they realised it wasn't going to happen.

Actually both of them are up the other end so that's not the problem.

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Don't know London but it looks a good location. Nice apartment also, so is the £325k one a bargain.

Naturally.

One owner wants to sell. His mate has an identical flat, doesn't want to sell, but is happy to do a friend a favour. So puts flat on market at eyewatering price to help convince the world the first one's a bargain.

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  • 415 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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