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rantnrave

More Of This Please!

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It looks like number 4 from StreetView. Last sold for £72,000 on 07/04/2006. The owner could have spent money doing it up.

so you think maybe bought for 72, spent 27k doing it up then worth 99k by some measure and now discounted by 30k? Maybe more like bought for 72, and owner wants to pay 3k for a roof over their head for 5 years. If peak price was 72 i can only think it's bottom price will be sub 10k, it must be one of those sort of areas? Even 2 bed terraces in Goole were fetching 120k in 2006.

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If this did go for the 70K they're asking, how likely is that to set a new benchmark for the street? Or are EAs just going to treat it it as a one off price from someone who was up the creek?

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so you think maybe bought for 72, spent 27k doing it up then worth 99k by some measure and now discounted by 30k?

No I don't think that, but more towards your thinking actually. I just didn't want to ridicule rantnrave grasping for a sense of good value when so many savers have heightened worries about their savings. The 5 years will hopefully have not all been on a low SVR or tracker, so should have cost them a little more than £3K if they got a buyer for their 'offers in excess' asking price. Partly for benefit of owner, unless it was a BTL at some point, but also looks like it's been done up to sell on with profit in mind. Twigs in a vase.

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I've been watching this area for a while.

This house has been up for sale for a five months. The price is currently "offers over £153,000"

http://www.rightmove.co.uk/property-for-sale/property-31429376.html

This month the price has dropped 1% from £155,000

http://www.propertysnake.co.uk/site/detail/35504790

Now this house has just come onto the market, Same road and is currently £140,000, (condition can't be much worst)

http://www.rightmove.co.uk/property-for-sale/property-34627547.html

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Partly for benefit of owner, unless it was a BTL at some point, but also looks like it's been done up to sell on with profit in mind. Twigs in a vase.

Son of a...

£475 pcm rental link from google cache. Original vebra link: Sorry, this property has been removed from the database.

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so you think maybe bought for 72, spent 27k doing it up then worth 99k by some measure and now discounted by 30k? Maybe more like bought for 72, and owner wants to pay 3k for a roof over their head for 5 years. If peak price was 72 i can only think it's bottom price will be sub 10k, it must be one of those sort of areas? Even 2 bed terraces in Goole were fetching 120k in 2006.

Back in 2001 I remember nearly going dutch with a friend to buy a 3-bed terrace in Hull for £8000!!! It wasn't a slum either just looked like a typical student digs.

Funny how things change :lol:

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Son of a...

£475 pcm rental link from google cache. Original vebra link: Sorry, this property has been removed from the database.

good find. loving the wide angle lens on that "enviable rear garden"

10001883.jpg

61544_2282001_IMG_09_0000_max_620x414.jpg

Edited by athom

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Just popped up on Rightmove via the Express Estate Agency:

http://www.rightmove.co.uk/property-for-sale/property-31242634.html

I'm almost tempted and could buy that with cash...

Looks tempting when you probably compare with the prices of property on the same street a few years ago, i,ve seen the same and got excited about them. what i see are people who know that HPI has gone and are becoming realistic about which way prices are going and what to move on before getting stuck.

MORE LIKE THIS TO COME.

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  • 343 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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