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rentforlife

Deluded?

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I put this in the West Sussex board, but thought it should really go in here!

Im going to have to go and look at this property - I cannot wait to quiz the agent and owner on the strategy here....whats your thoughts?

6th March 2009 (height of pricing bubble?) - property was purchased for £220k

http://www.zoopla.co...nt%2C%20Horsham

October 2010 - After some work to improve from 2 beds to 3, property put on the market for £395k. Then taken off market at some point:

http://www.zoopla.co...453bd7b64fc805a

Wanted others thoughts on this one!!!

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I put this in the West Sussex board, but thought it should really go in here!

Im going to have to go and look at this property - I cannot wait to quiz the agent and owner on the strategy here....whats your thoughts?

6th March 2009 (height of pricing bubble?) - property was purchased for £220k

http://www.zoopla.co...nt%2C%20Horsham

October 2010 - After some work to improve from 2 beds to 3, property put on the market for £395k. Then taken off market at some point:

http://www.zoopla.co...453bd7b64fc805a

Wanted others thoughts on this one!!!

Keep watching it fall in price. The number of mug buyers is drying up rapidly.

I wouldn't waste your time talking to an EA about it. They'll just tell you the asking price is what the owner wants/needs for it. Land Registry figures and countrywide price falls mean nothing to them. They simply aren't interested.

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I put this in the West Sussex board, but thought it should really go in here!

Im going to have to go and look at this property - I cannot wait to quiz the agent and owner on the strategy here....whats your thoughts?

6th March 2009 (height of pricing bubble?) - property was purchased for £220k

http://www.zoopla.co...nt%2C%20Horsham

October 2010 - After some work to improve from 2 beds to 3, property put on the market for £395k. Then taken off market at some point:

http://www.zoopla.co...453bd7b64fc805a

Wanted others thoughts on this one!!!

Can't comment about the actual value because the links don't work, but improving a 2 bed house into a 3 bed house is NOT "a lick of paint"

tim

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Keep watching it fall in price. The number of mug buyers is drying up rapidly.

I wouldn't waste your time talking to an EA about it. They'll just tell you the asking price is what the owner wants/needs for it. Land Registry figures and countrywide price falls mean nothing to them. They simply aren't interested.

+1

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1 bed... in Gloucestershire... £185k...??? :huh:

"cottage" my a**e too! these days EAs will describe almost anything in a vaguely rural place as a "cottage"..

It's not rural though (small town... but right in the middle and it's quite densely built up) and it's down some narrow back street.

frankly: ROFL

Edited by Chuffy Chuffnell

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Agreed. I can't understand how anything terraced like this can be described as a 'cottage'.

I also can't understand the prices in that area. (Painswick). virtually all the houses are down narrow back streets or on the main road and the area isn't all that nice compared to the rest of the 5 valleys.

Even as it is now, I wouldn't pay the 2007 price (132k) for it.

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that's just the mad murrays notional price based on delusion, smoke and mirrors and twattery and twiggery of the highest order - take notional price and divide by two for real price or deduct by 25% for what other EAs will have valued it at :D

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  • 276 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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