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Anecdote 17% Off Asking Price Since March

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My cousin has had her house on the market since March/April - originally up for £179k - 3 bed link detached in Bedford (house is ~3 years old).

Dropped the price to £165k in June - had plenty of people viewing, no-one offering.

Last week, she accepted an offer from a cash buyer for £148.5k on the basis of a quick exchange and completion.

Will keep y'all informed if it goes through.

If it does, that's a 17% drop off asking price.



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three year old you say.....do a search on http://www.houseprices.co.uk/ and tell us how much it originally sold for ....please  :rolleyes:

made a mistake - actually nearly 5 years old and bought for £96k

Looking at other sales last year though, it looks like they did quite well (average semi sale was £130k) EA must've WAY overvalued !!

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