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Flightman

Sellers Still Deluded. Updated!

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Nearby neighbour has just gone up for sale.

Bought in Oct 2009 for £195,000. On Rightmove now for £215,000. :lol:

He's removed the gravel garden and replaced it with flagstones. He's put two rows of flagstones outside the front of the property. And wants £20k more than he paid for it.

Bloody expensive flag stones!

Update at 18:10.

Apparently it's now a two bedroom as the 'nursery' room has had the wall knocked out to fit some wardrobes. So it's up as 2 bedroom but at a 3 bedroom price. :lol:

Edited by Flightman

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Nearby neighbour has just gone up for sale.

Bought in Oct 2009 for £195,000. On Rightmove now for £215,000. :lol:

He's removed the gravel garden and replaced it with flagstones. He's put two rows of flagstones outside the front of the property. And wants £20k more than he paid for it.

Bloody expensive flag stones!

You think that's good, I know one bought in April 2010 for £177k now on for £200k!! I'm going to view it and give some constructive criticism.

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Nearby neighbour has just gone up for sale.

Bought in Oct 2009 for £195,000. On Rightmove now for £215,000. :lol:

He's removed the gravel garden and replaced it with flagstones. He's put two rows of flagstones outside the front of the property. And wants £20k more than he paid for it.

Bloody expensive flag stones!

Average drop from Asking to Sold in my bit of BH15 is 11% per property over last two years.

I'd bet money your neighbour will make a loss on his purchase price, once fees are taken.

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Average drop from Asking to Sold in my bit of BH15 is 11% per property over last two years.

I'd bet money your neighbour will make a loss on his purchase price, once fees are taken.

Hi juvenal

Where do you get this information? you're sitting on a goldmine there - assume this is through your own research?

cheers

Wig

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One by me was bought last year for 400K, on again now after having a new stove put in for 450K.. One came on today, bought for 425K in 2006, yours today for 530K. Offered on one last week, been on at 625K for nine months, offered 12% under asking. We're in rented, money in the bank and mortgage ready and waiting. Only other interested party is someone unable to sell their 400K house but willing to pay asking price when theirs does sell.

Offer firmly rejected, asking price or nothing. I assume they were so offended by our offer that they're now taking the 400K house in part ex. They all get asking price so happy days for them.

I'm slowly losing the will to live. 9 houses we've offered on, not one single vendor willing to come down by more than a couple of percent. It's obviously not that grim up north.

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I have one for you.

Road in Hale, house went on for £450k in Jan 11, reduced to £435k in Feb 11. It needed a lot of work and sold for £405k in May.

The house next door has come on - the same design and condition but lacks the en-suite upstairs and the downstairs toilet that the other one had. Asking price.......£475k!

Went to see it and told the agent about next door’s (publicly available) sale price of £405k. This local "expert" then said - "well I didn’t value it my colleague did, but anyway this is what the vendor wants it listed at". Repeated the sale price of next door and was then asked "well what did they originally list that one at"

At that point my head exploded, taking the f*ckwit EA and half the street with it.....

(The last bit is a lie, but you sense my despair)

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Nearby neighbour has just gone up for sale.

Bought in Oct 2009 for £195,000. On Rightmove now for £215,000. :lol:

He's removed the gravel garden and replaced it with flagstones. He's put two rows of flagstones outside the front of the property. And wants £20k more than he paid for it.

Bloody expensive flag stones!

What he asks and what he gets are two different things.

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I have one for you.

Road in Hale, house went on for £450k in Jan 11, reduced to £435k in Feb 11. It needed a lot of work and sold for £405k in May.

The house next door has come on - the same design and condition but lacks the en-suite upstairs and the downstairs toilet that the other one had. Asking price.......£475k!

Went to see it and told the agent about next door’s (publicly available) sale price of £405k. This local "expert" then said - "well I didn’t value it my colleague did, but anyway this is what the vendor wants it listed at". Repeated the sale price of next door and was then asked "well what did they originally list that one at"

At that point my head exploded, taking the f*ckwit EA and half the street with it.....

(The last bit is a lie, but you sense my despair)

Now you viewed it you have given them hope that the price is right and they are probably using you as a "very interested party expected to put an offer soon"

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Now you viewed it you have given them hope that the price is right and they are probably using you as a "very interested party expected to put an offer soon"

Not if the feedback was "I wouldn't even pay what they paid for it in 2004" :D

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Hi juvenal

Where do you get this information? you're sitting on a goldmine there - assume this is through your own research?

cheers

Wig

My own research, I'm afraid. I note anything coming on the market (via EA board or Rightmove) in my area of scrutiny, and track the Asking down. Then the mouseprice site free monthly email tells me the LR Sold price of anything that's gone.

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Not if the feedback was "I wouldn't even pay what they paid for it in 2004" :D

Wouldn't a better idea to deflate some delusion be to phone up and say "if they are interested in £x I would view it"?

Then don't bother if they say they aren't interested.

Now his vendor can tell people they had a viewing, much better if they said "people won't even view our house if we don't drop the price by £x"

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Wouldn't a better idea to deflate some delusion be to phone up and say "if they are interested in £x I would view it"?

Then don't bother if they say they aren't interested.

Now his vendor can tell people they had a viewing, much better if they said "people won't even view our house if we don't drop the price by £x"

Great shout.

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I have one for you.

Road in Hale, house went on for £450k in Jan 11, reduced to £435k in Feb 11. It needed a lot of work and sold for £405k in May.

The house next door has come on - the same design and condition but lacks the en-suite upstairs and the downstairs toilet that the other one had. Asking price.......£475k!

Went to see it and told the agent about next door’s (publicly available) sale price of £405k. This local "expert" then said - "well I didn’t value it my colleague did, but anyway this is what the vendor wants it listed at". Repeated the sale price of next door and was then asked "well what did they originally list that one at"

At that point my head exploded, taking the f*ckwit EA and half the street with it.....

(The last bit is a lie, but you sense my despair)

Whereabouts?

I'm watching tree road terraces put on the Market for 20% over their last peak selling price :facepalm:

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Whereabouts?

I'm watching tree road terraces put on the Market for 20% over their last peak selling price :facepalm:

High Elm.

I live on the Tree Roads and share your despair. Having rented here for 3 years the owners and agents have listed everything at record prices.

No suprise that all those on Hawthorn are unsold and Waterson's are still trying ramp the prices on Elm Road. Everything is lised at prices that have never been neared, let alone achieved.

I hate trying to buy a house in Hale.

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And wants £20k more than he paid for it.

The house hasn't changed, it's just that the pounds are worth less. So he actually wants exactly what he paid for it.

As to whether that's realistic is another matter.

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You think that's good, I know one bought in April 2010 for £177k now on for £200k!! I'm going to view it and give some constructive criticism.

Further to this one, a seller who is not deluded. About 2 miles from the first. One more bedroom, bigger garden, off road parking and dining room, whereas the first has none of these. They paid £217,000 in Jan 07. Went on the Market late last year at £217,000. When you consider that in this area we are 10% off peak and you'd expect a buyer to knock 10% off asking it's not that unrealistic. Anyway dropped to £212k after about 6 weeks. Then again to £205k went SSTC for a couple of months. Now back at £199k. Still more than I would be prepared to pay but it's good to seem some more sensible pricing.

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Here's a flipper in my neck of the woods:

http://www.rightmove.co.uk/property-for-sale/property-28869877.html

Went up for sale in January at £179,950, dropped to £169,950 in May. However, was only bought in August last year for £128k (houseprices.co.uk incorrectly describes it as a terraced house but I've been past the place and confirmed the address.) Quick spruce up and back on the market.

16/08/2010 £128,000 94, Southbrook Street, Swindon, SN2 1HH

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Not all sellers are deluded. Bought my place for the same price as an identical house on the same street sold for in 2003 :)

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High Elm.

I live on the Tree Roads and share your despair. Having rented here for 3 years the owners and agents have listed everything at record prices.

No suprise that all those on Hawthorn are unsold and Waterson's are still trying ramp the prices on Elm Road. Everything is lised at prices that have never been neared, let alone achieved.

I hate trying to buy a house in Hale.

I'm a sophomore tree road tenant. Watched 3 houses sell on Cedar Road in the past year and still waiting for sold prices to come up. Grrr.

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Meanwhile, in the real World...

1

31B Penfold Road, Clacton-on-Sea, Essex, CO15 1JN

Sold for £37,000.

2

38 Ronald Road, Birmingham, West Midlands, B9 4UL

Sold for £60,500.

4

50 Gainsborough Avenue, Burnley, Lancashire, BB11 2NN

Unsold, the last bid was £43,000 and is available at £46,000.

5

143-143A Manchester Road, Burnley, Lancashire, BB11 4HT

Sold for £130,000.

6

122 Bellegrove Road, Welling, Kent, DA16 3QR

Sold for £200,000.

8

37 Fairfield Avenue, Rossendale, Lancashire, BB4 9TG

Sold for £42,000.

9

549 Chorley Old Road, Bolton, Lancashire, BL1 6AE

Sold for £83,000.

10

30 The Links, Ballykinler, Downpatrick, County Down, BT30 8FE

Unsold, the last bid was £49,000 and is available at £50,000.

11

Flat 1, Johnson Mill, Denton Mill Lane, Carlisle, Cumbria, CA2 5NQ

Unsold, the last bid was £45,000 and is available at £47,000.

13

33 Fortuna Street, Belfast, County Antrim, BT12 5PL

Sold for £35,000.

14

25 Gladstone Street, Beamish, Stanley, County Durham, DH9 0QL

Unsold, the last bid was £27,000 and is available at £29,000.

17

5 Millisle Gardens, Bangor, County Down, BT19 1QX

Sold for £35,000.

18

Land at 6-8 Elm Road, Bebington, Wirral, Merseyside, CH63 8PF

Sold for £90,000.

22

21 Castlehill View, Ballymoney, County Antrim, BT53 6RZ

Unsold, the last bid was £69,000 and is available at £70,000.

23

49 Claremont Road, Salford, Lancashire, M6 7RJ

Unsold, the last bid was £78,000 and is available at £80,000.

24

52 Carmen Street, Maesteg, Mid Glamorgan, CF34 0RL

Sold for £37,000.

25

14 Gatley Walk, Liverpool, Merseyside, L24 2UY

Sold for £49,000.

26

43 Torrington Street, Grimsby, South Humberside, DN32 9QJ

Sold for £38,500.

27

11 Welch House, 1 Beaconsfield Road, Enfield, Middlesex, EN3 6UX

Sold Prior to auction, for an undisclosed amount.

28

Flat 1, 4 Major Terrace, Seaton, Devon, EX12 2RF

Unsold, the last bid was £38,000 and is available at £40,000.

29

3 Wilton Parade, Blackpool, Lancashire, FY1 2HE

Sold for £150,500.

30

306 Talbot Road, Blackpool, Lancashire, FY1 3QS

Unsold, the last bid was £72,000. Please refer to Auctioneer for Reserve.

31

13 Old School House, Shotley Gate, Ipswich, Suffolk, IP9 1QP

Sold for £35,000.

32

12 Northcote, Addlestone, Surrey, KT15 2LS

Sold for £105,000.

33

303 Southwood Road, Dunstable, Bedfordshire, LU5 4EW

Sold Prior to auction, for an undisclosed amount.

34

60 Huntingdale Lodge, Portadown, Craigavon, County Armagh, BT62 3RU

Sold for £90,000.

35

65 Carlton Street, Manchester, Lancashire, M16 7GZ

Unsold, the last bid was £137,000 and is available at £140,000.

36

127 Craig Road, Manchester, Lancashire, M18 7QW

Sold for £36,000.

37

18 Brown Street, Radcliffe, Manchester, Lancashire, M26 4HW

Sold for £50,000.

38

The Moston Public House, 67 Hillier Street North, Manchester, Lancashire, M9 4JB

Sold for £35,000.

39

83 Roslyn Street, Belfast, County Antrim, BT6 8JL

Sold for £42,000.

40

18 Kitchener Street, Pontnewynydd, Pontypool, Gwent, NP4 6QA

Sold for £34,000.

41

715 & 717 Market Street, Whitworth, Rochdale, Lancashire, OL12 8LD

Sold after auction for an undisclosed amount.

42

20 Sackville Street, Todmorden, Lancashire, OL14 5BS

Sold Prior to auction, for an undisclosed amount.

43

9 Launceston Road, Callington, Cornwall, PL17 7BS

Sold Prior to auction, for an undisclosed amount.

45

31 Weymouth Drive, Chafford Hundred, Grays, Essex, RM16 6BX

Unsold, the last bid was £119,000 and is available at £120,000.

46

137 Blair Athol Road, Sheffield, South Yorkshire, S11 7GD

Unsold, the last bid was £189,000. Please refer to Auctioneer for Reserve.

47

27 Glenalmond Road, Sheffield, South Yorkshire, S11 7GW

Unsold, the last bid was £175,000. Please refer to Auctioneer for Reserve.

48

1 Brendon Avenue, Chesterfield, Derbyshire, S40 4NJ

Sold for £89,000.

51

17 Portland Street, Stoke-on-Trent, Staffordshire, ST1 5DR

Sold for £30,250.

54

1-2 Highwood Close, Courtenay Road, Newton Abbot, Devon, TQ12 1HZ

Unsold, the last bid was £149,000 and is available at £150,000.

55

5 Rutherford Tower, Lovell Road, Southall, Middlesex, UB1 3LE

Unsold, the last bid was £115,000 and is available at £125,000.

56

61 Fernagh Road, Omagh, County Tyrone, BT79 0PL

Sold for £39,000.

57

13 Carr Street, Birstall, Batley, West Yorkshire, WF17 9DY

Unsold, the last bid was £69,000 and is available at £70,000.

58

192 Queen Street, Ballymena, County Antrim, BT42 2BQ

Unsold, the last bid was £47,000 and is available at £50,000.

59

24 Hillview, Walsall, West Midlands, WS9 8XJ

Unsold, the last bid was £155,000 and is available at £165,000.

63

9 Cleveland Road, Sunderland, Tyne and Wear, SR4 7JS

Sold for £61,000.

64

The Gables, Thrush Drive, Bury, Lancashire, BL9 6JD

Unsold, the last bid was £155,000 and is available at £160,000.

http://www.eigroup.co.uk/auctioneer-templates/results.aspx?a=557&c=gpl

Northern Ireland is holding up well! :lol:

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One by me was bought last year for 400K, on again now after having a new stove put in for 450K.. One came on today, bought for 425K in 2006, yours today for 530K. Offered on one last week, been on at 625K for nine months, offered 12% under asking. We're in rented, money in the bank and mortgage ready and waiting. Only other interested party is someone unable to sell their 400K house but willing to pay asking price when theirs does sell.

Offer firmly rejected, asking price or nothing. I assume they were so offended by our offer that they're now taking the 400K house in part ex. They all get asking price so happy days for them.

I'm slowly losing the will to live. 9 houses we've offered on, not one single vendor willing to come down by more than a couple of percent. It's obviously not that grim up north.

Extend your rental agreement for another year or two and relax. House prices are going nowhere but down.

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Extend your rental agreement for another year or two and relax. House prices are going nowhere but down.

I hope you are right, but we now realize that we made a huge mistake by not buying in Sept 2008, when we sold our house (we moved area to get kids into particular school, also old house too small). Basically people seem prepared to pay 30-40% more now that then, prices here are MORE than the so called 2007 peak. And no shortage of buyers.

Very depressing as we could have bought then (we were influenced by this site :( and now we are priced out.

On the up side we have a good landlord...

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  • 285 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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