Jump to content
House Price Crash Forum
TheCountOfNowhere

Lichfield Price Drop

Recommended Posts

http://www.rightmove.co.uk/property-for-sale/property-30534356.html

4 bedroom detached house for sale

Offers in Excess of

£525,000

Little Hay Lane,Little Hay,Lichfield

From property bee:

22 November 2010

* Price changed: from 'Offers in Region of £575,000' to 'Offers in Excess of £525,000' [Found by n/a]

05 November 2010

* Price changed: from 'Offers in Region of £599,000' to 'Offers in Region of £575,000' [Found by n/a]

21 October 2010

* Status changed: from 'Sold STC' to 'Available' [Found by n/a]

17 October 2010

* Status changed: from 'Available' to 'Sold STC' [Found by n/a]

07 August 2010

* Price changed: from 'Offers in Region of £650,000' to 'Offers in Region of £599,000' [Found by n/a]

17 July 2010

* Initial entry found. [Found by n/a]

The buyers that pulled out must be looking at this thinking...what were we thinking !!!!

It just goes to show the stamp duty thresholds at £250K and £500K produce some anomollies, the E.A. would be saying something like...we'll we think it's worth about £550K...but no one will pay that because of the stamp duty threshold...so lets oput it on at £650K and you might get £600 or £550".....this produces a bit of a disparagy at these boundary prices meaning you will either pay a bit less or a lot more !!!!

Share this post


Link to post
Share on other sites

http://www.rightmove.co.uk/property-for-sale/property-30534356.html

4 bedroom detached house for sale

Offers in Excess of

£525,000

Little Hay Lane,Little Hay,Lichfield

From property bee:

22 November 2010

* Price changed: from 'Offers in Region of £575,000' to 'Offers in Excess of £525,000' [Found by n/a]

05 November 2010

* Price changed: from 'Offers in Region of £599,000' to 'Offers in Region of £575,000' [Found by n/a]

21 October 2010

* Status changed: from 'Sold STC' to 'Available' [Found by n/a]

17 October 2010

* Status changed: from 'Available' to 'Sold STC' [Found by n/a]

07 August 2010

* Price changed: from 'Offers in Region of £650,000' to 'Offers in Region of £599,000' [Found by n/a]

17 July 2010

* Initial entry found. [Found by n/a]

The buyers that pulled out must be looking at this thinking...what were we thinking !!!!

It just goes to show the stamp duty thresholds at £250K and £500K produce some anomollies, the E.A. would be saying something like...we'll we think it's worth about £550K...but no one will pay that because of the stamp duty threshold...so lets oput it on at £650K and you might get £600 or £550".....this produces a bit of a disparagy at these boundary prices meaning you will either pay a bit less or a lot more !!!!

Buyers who "pulled out" are probably thinking more along hte lines of "Nast nasty bank surveyor. Now some pikey is going to buy OUR house for a song!"

Share this post


Link to post
Share on other sites

there is a house in out road that has been on since march at £390k. It just came on with another agent at £399k presumable at an inflated price so that they can drop more off.

Wont work though, being listed £9k more than the other agents are then I know who is going to get the phone calls :lol:

Share this post


Link to post
Share on other sites

It just goes to show the stamp duty thresholds at £250K and £500K produce some anomollies, the E.A. would be saying something like...we'll we think it's worth about £550K...but no one will pay that because of the stamp duty threshold...so lets oput it on at £650K and you might get £600 or £550".....this produces a bit of a disparagy at these boundary prices meaning you will either pay a bit less or a lot more !!!!

True, if it works - if it doesn't sell it'll get dragged down below £500k, having skipped the £500k-£575k range. Stamp duty thresholds are both repelling and attracting magnets.

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...

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 259 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.