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SEW247

Neighbour's Place On The Market

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http://www.kfh.co.uk/residential/flats-for-sale/london-tufnell-park-n19-fairmead-road/2086186/

Went on sale on 01 August and apparently she's about to exchange contracts and got £318k

She bought it in June 2006 for 225k and hasn't spent a penny on it.

Can't say I'm surprised really, although considering how mental things are around here I'm surprised she didn't hold out for the full £325k :P

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I think £225k in 2006 for that was a pretty good deal, and £318k doesn't look completely insane for the area.

This is said through the eyes of someone who is now used to London prices - £318k for a one-bed flat should be seen as bonkers, but sadly in London, especially in bits than can be called Islington, it's actually pretty normal.

I know someone who sold a 4-bed house in Mercer's Road, just round the corner, for £1.3 million last year.

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I think £225k in 2006 for that was a pretty good deal, and £318k doesn't look completely insane for the area.

This is said through the eyes of someone who is now used to London prices - £318k for a one-bed flat should be seen as bonkers, but sadly in London, especially in bits than can be called Islington, it's actually pretty normal.

I know someone who sold a 4-bed house in Mercer's Road, just round the corner, for £1.3 million last year.

Gulp! Its a very nice road, some lovely big houses. I think Suggs lives on Mercers and also Jeremy Corbyn our local MP. The thing about this area is that there's very few flash cars, it just seems that ordinary (hate to use the phrase) Middle Class people bought here long enough ago to be sitting in £1m properties which they probably paid less than £300k for. Its close to central London, near to 3 tube stops and only 30 mins by bus to the City.

I think it's a great place to live, relatively free from the Champagne Socialist Islington darling types you tend to find further down in Angel / H&I. The other good thing is the Yerbury Primary school which is apparently one of the best (well for inner London anyway).

Oh and there's not been a murder here for at least 1 year and even the Carphone Warehouse / JD Sports in the Nags Head got off scot free in the recent "troubles" :lol:

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http://www.kfh.co.uk/residential/flats-for-sale/london-tufnell-park-n19-fairmead-road/2086186/

Went on sale on 01 August and apparently she's about to exchange contracts and got £318k

She bought it in June 2006 for 225k and hasn't spent a penny on it.

Can't say I'm surprised really, although considering how mental things are around here I'm surprised she didn't hold out for the full £325k :P

How much would a place like that rent for, roughly?

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How much would a place like that rent for, roughly?

£1100 to £1250 p/m

A 2 bed is more likely to get around £1500 in this area

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SEW247

Why are you ramping up the area ?

Tufnell Park is okay but for the money there are far better places to live in Islington, further away from the Horrorway (Holloway) Road.

As for your comment of the Carphone Warehouse in Nags Head getting away scot free in the recent "troubles" the facts suggest otherwise. A teenager out on police bail for murder was arrested for looting said shop.

Its another thread I know but how can one person be on bail for murder and yet other people involved in the recent riots are banged up awaiting sentencing for taking bottled water from Lidl, ice cream from a newsagent et al.

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SEW247

Why are you ramping up the area ?

Tufnell Park is okay but for the money there are far better places to live in Islington, further away from the Horrorway (Holloway) Road.

As for your comment of the Carphone Warehouse in Nags Head getting away scot free in the recent "troubles" the facts suggest otherwise. A teenager out on police bail for murder was arrested for looting said shop.

Its another thread I know but how can one person be on bail for murder and yet other people involved in the recent riots are banged up awaiting sentencing for taking bottled water from Lidl, ice cream from a newsagent et al.

Well I obviously missed that one; I'm actually surprised how little damage happened in Nags Head considering what it's like. As for murder / looting, well I agree it's a perverse situation that someone can get bail for murder, but personally I'm glad all those thieving little toerags are behind bars.

I'm not "ramping" the area as you call it. I am merely pointing out that its actually quite a decent inner London area to live in but how bloody ridiculous it is that a one bed flat can be sold for that much in such a short space of time. You get significantly more for your money than places like N5, N7 or N1. I've lived all over Islington and in my opinion Holloway Road (I prefer Squalorway Road myself!) is a darn sight better than Seven Sisters Road, Caledonian Road or other major routes within Islington.

As far as the price rises go, it's priced me out of the market just as much as anyone else. There's an old Greek couple on my road who I know who recently sold their place for £800k + (apparently they paid £5k for it). I just don't see a crash happening here - I guess my next move will have to be out of London or (gulp) SE London

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Squalorway and Horrorway, genius like it. I was there visiting a mate last week and need to get over the fear of leaving West London. I've been very dispodant about a crash ever happening in London but over the last few weeks my confidence in it has been accelerating. It might take a few years, but I'm starting to think it's possible.

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  • 336 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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