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pajd

Fixed Price House

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House has been on the market since March 2008

Here are the reductions on it so far

Date New Price Old Price Change % Change

29 Oct 10 £149,950 £159,950 £-10,000 -6.0%

28 Oct 09 £159,950 £175,000 £-15,050 -8.0%

29 Sep 09 £175,000 £220,000 £-45,000 -20.0%

It now says fixed prices £149,950

Its in a good neighbouthood and is modern. 3 bedrooms, 2 receptions rooms and semi detached

Does fixed price mean they wont budge?

Edited by pajd

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House has been on the market since 2009

Here are the reductions on it so far

Date New Price Old Price Change % Change

29 Oct 10 £149,950 £159,950 £-10,000 -6.0%

28 Oct 09 £159,950 £175,000 £-15,050 -8.0%

29 Sep 09 £175,000 £220,000 £-45,000 -20.0%

It now says fixed prices £149,950

Its in a good neighbouthood and is modern. 3 bedrooms, 2 receptions rooms and semi detached

Does fixed price mean they wont budge?

An offer of 120K here is cheeky but not ridiculous. That would be down a nice 100K from what they first wanted 18 months ago :D

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I rang the EA 5 minutes ago out of interest to get a few questions answered.

The house next door is also up for sale (same EA) Same price but offers around. A bid of 130k was offered but the vendors said no.

She did say the people who own the house i rang about would be willing to come down a bit. However they aren't in a chain which leads me to think they haven't even started looking themselves? That or they intend to rent for a while?

She aslo said the 220,000 they orginally asked for was too high

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Remember every extra 10K you offer is 20K you pay off at the end of 25 years.

Doccyboy its been a long day at work and my brain has given in. Can you explain what you mean?

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Or I could do what I have done. I looked at this house in 2008 but the EA told me that the vendor wouldn't drop.

It was on at 245K so I rented for 2 years and now I could have it for 155K.

Renting is not dead money in a falling market.

http://www.irishhousehunter.com/search/history.php?ID=http://www.propertynews.com/brochure.php?p=PNC215110&address=%2024c%20Ballyscullion%20Rd%20%20Toomebridge%20%20Co%20%20Antrim%20%20BT41%203TR

I couldn't agree more, one of the houses that I have been watching has dropped 40k since I started renting last year.

(Depreciation in house value) - (Rental outgoings) = 40,000 - 3,750 = £36,250

Renting atm is most certainly not dead money!

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  • 312 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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