Jump to content
House Price Crash Forum
Sign in to follow this  
dave

What A Difference A Day Makes........

Recommended Posts

Well 3 days anyway. The results are shockingly different. check out results and then compare results of london auction results by Savills on the 19/09/2005 and the Nottingham auction results by Savills on the 22/09/2005.

Property auction results

I have done some research on the Nottingham results. I went through every single house that sold in the auction, this is not a sample, this is the entire lot. I have compared like with like, eg. semi's with semi's where ever possible. I have highlighted where I could not do this.

20 wallis street sold for 68K (AUCTION RESULT)

52 wallis street sold for 100k in 2005

2 Hugett Gardens Available for 45k

no. 6 sold for 40k in 2002

4 Loughrigg Close sold for 74k

2 sold for 94k

111 Wilford Crescent East available for 75k

105 sold for 95k in 15/7/2005, 75k brings back to late 2002, early 2003 prices. 111 actually sold for 33k in 2000.

32 Digby Avenue sold for 146k

77 sold for 350k, 60 which is semi sold for 160k, 75 sold for 325k, 81 for for 240k

33 Foxhall Road sold for 66k

16 sold for 109k, 19 sold for 102k, 43 for 116k, 26 sold for 98.5k, prices back to mid 2002 prices.

5 bingley close sold for 81k

1 sold for 95k, 15 sold for 86k, prices back to mid 2003 prices.

3 Springfield Gardens ilkeston Derby available 50k

53 for for 78k, 29 sold for 72k, prices back to mid 2003 prices

12 Mettham Street, Lenton, Nottingham available at 125k terraced

18 sold for 160k, 3 sold for 152k

228 Cinderhill Road, Bulwell, Nottingham available at 300k, 18 bedroom mill house

Must be wrong as post code suggest it is west bridgeford and not bullwell. Prices no way near in bulwell. West Bridgeford has flats in this post code for 240k-280k.

93C Forest Road West, The Arboretum, Nottingham sold for 99k, price guide was 125/150k

75 sold for 454k but was detached, 89a was flat and sold for 82.5k,

40 Main Street, Bunny Nottingham available at 200k is listed buiding

50 sold for 185k, 26 sold for 232k, 12 sold for 272.5k back in 07/10/2003.

6 Bromley Close, Bulwell, Nottingham available at 50k

No sale for street, but bring back bulwell prices back to late 2002 prices, last terraced sold in bulwell for 82k

I have not done any real research on the London houses, but this auction faired a hell of alot better than Nottingham's nearly everything surpassed the guide prices.

Share this post


Link to post
Share on other sites

The fact that it is so easy to see what past prices sold were on the various sites, means that any correction will likely be much faster this time than in the past.

The internet will make this crash a fast and scary thing me thinks.

Share this post


Link to post
Share on other sites
The fact that it is so easy to see what past prices sold were on the various sites, means that any correction will likely be much faster this time than in the past.

The internet will make this crash a fast and scary thing me thinks.

For no particlular reason except denial by potential sellers I don't think the internet factor will make a difference........it'll take 4 or 5 years like last time, I'm sure......

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...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 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.