The Knimbies who say No Posted August 20, 2013 Author Share Posted August 20, 2013 Also been renting it out, or trying to at least, at £1800 pcm: http://www.rightmove.co.uk/property-to-rent/property-27763201.html That's one soulless place. The modern contemporary look also seems to have been done on the cheap, in my opinion. Are those floor tiles throughout. The naff staircase. The black sofa and sofa chairs. The flooring in one of the bedrooms and the bedside table. Maybe it's been furnished with cheaper 'the look' stuff to handle the wear of rentals? Perplexing, still up for sale (now £475k), still up for rent at £1,800pcm. Able to sit on their hands due to ZIRP etc, waiting for better times next year with HTB2 perhaps? http://www.rightmove.co.uk/property-for-sale/property-25874043.html Obviously been refurbished/extended in the not too distant past, three ensuites. But, £500k? 16 Earlsway, CH4 8AX: £290,000 | Sale date: 7th Nov 2007 - Less details £99,000 | Sale date: 28th Apr 1995 Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted August 20, 2013 Author Share Posted August 20, 2013 I have to agree with everything you've said there. I drive down Ermine Road & Lightfoot Street quite frequently, and have done for two years now. I've seen at least 4 properties on Ermine Road go to Auction and sell in the low £100's, then two weeks later there's a skip outside it and the builders are in! Two months later its back on the market to either rent or sell. Parking is a real issue on Ermine road as it's double Yellow for most of it, especially as you get nearer to the hoole road end. I've noticed in the last six months that houses in the East Chester area are falling at a higher pace than I've seen since the initial bust. This drop is backed up by this article http://www.thetimes.co.uk/tto/money/mortgages/article3627529.ece claiming that Chester is the Repo capital of the UK! We're looking to probably live a bit further out of Chester (currently in Hoole) and areas such as Mickle Trafford, Guilden Sutton, Great Barrow, Helsby etc are all seeing similar drops in values. Helsby isn't really where we want to live but this one for example: http://www.rightmove.co.uk/property-for-sale/property-24125139.html Originally went on sale with Swetenhams in April 2012 at £270k. Sale fell through at £220k and it's now back on the market. Not a great house in a great location but it's not bad so a £50k discount shows that sellers are now getting twitchy... This one in Tarvin had to drop £35k to get a sale: http://www.rightmove.co.uk/property-for-sale/property-37456198.html?premiumA=true Was on at £250k. This one in Vicars Cross has chased the market down from £240k initial price. Went on in 2010: http://www.rightmove.co.uk/property-for-sale/property-26208952.html Now £210k. So there is value starting to appear out there but there are also delusional vendors... This one in Little Barrow is nice but it's £15k more than the ceiling price on that road for that type of house. It doesn't even have a garage or room for one (the neighbouring houses do): http://www.rightmove.co.uk/property-for-sale/property-35418010.html Anyway. I think we're both in agreement Now down to £190k. Also, the Helsby house listed first in your post is also ramping the marketing, talking about buying £270k or property for £220k. It's like Tesco's strawberries. Quote Link to comment Share on other sites More sharing options...
Venger Posted August 20, 2013 Share Posted August 20, 2013 At 100% of current asking price that's a £23k capital loss plus £9,550 stamp duty for a tasty down-the-drain minimum of £465/month for the 70 months of ownership. You can't go wrong with bricks and mortar. That's a post to cheer me up. Also, still at an asking price which trips a fuse in my mind, for that house. Guess it must be in one of the more desirable pockets of Chester. I thought it would be a house owned by an older couple but apparently not looking at the internal pics. This 4 bed practically opposite (I think) sold for £275K late last year. Maybe a touch less of a house and not got a detached garage, Clearly needing just a little modernising (£25K say), including for me, a new kitchen of my own choosing. Got to focus minds of some owners when such a sale occurs, and maybe that seller got more of a price than would today, in a changing market. http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=35168230&sale=48182909&country=england Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted August 21, 2013 Author Share Posted August 21, 2013 That's a post to cheer me up. Also, still at an asking price which trips a fuse in my mind, for that house. Guess it must be in one of the more desirable pockets of Chester. I thought it would be a house owned by an older couple but apparently not looking at the internal pics. This 4 bed practically opposite (I think) sold for £275K late last year. Maybe a touch less of a house and not got a detached garage, Clearly needing just a little modernising (£25K say), including for me, a new kitchen of my own choosing. Got to focus minds of some owners when such a sale occurs, and maybe that seller got more of a price than would today, in a changing market. http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=35168230&sale=48182909&country=england Seems to be regarded as a desirable area but is of little interest to me. The general area on the map is bounded by 3 busy roads, two of which are walking routes into town. East side of town for me, the central/western parts are much more problematic for traffic. Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted August 21, 2013 Author Share Posted August 21, 2013 (edited) snip.. Also look at this one a few weeks ago: http://www.rightmove.co.uk/property-for-sale/property-36818197.html Needs a lot of work doing to it, layout on first floor is cr@p and the fourth bed, study and bathroom at the back need completely knocking through and repartitioning to create an optimised living space. We didn't think it was worth more than £170k (no parking again but less congested area) but it's got 'potential' as krusty and phil would say... It's been under offer a few times but no STC yet. It was actually a vendor viewing and I got the distinct impression that one of them didn't actually want to sell... Won't go into specifics on a public forum but it was quite clear in hindsight Sold for £180k: 46 Panton Road, Hoole, Chester CH2 3HX Last sale: £180,000 | Sale date: 24th May 2013 - Less details Previous sale: £68,000 | Sale date: 20th Aug 1999 http://www.zoopla.co.uk/property/46-panton-road/hoole/chester/ch2-3hx/4473838 Edited August 21, 2013 by cheeznbreed Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted August 29, 2013 Author Share Posted August 29, 2013 I saw a party of people outside this one yesterday evening, it clearly looked like a group viewing with an agent and young couple and parents perhaps. Today it has gone under offer. Will the sellers get their bubble money back? 133 Kingsway. Last sale: £148,000 | Sale date: 19th Sep 2007 Yes they will: http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=37966552&sale=49553405&country=england 133 Kingsway, Newton, Chester, Cheshire West And Chester CH2 2LN 03 Jul 2013 £150,000 Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted September 5, 2013 Author Share Posted September 5, 2013 (edited) Another case study on the Help to Buy Twitter feed, this time featuring a young man from Chester, who has shelled out on a pad and also put crayon to paper to give us the benefits of his thoughts on pwoperdee: http://www.homeshub.co.uk/news/benefits-of-buying.aspx The Benefits of Buying Nick Hunt, 24 is a young professional just starting out. Having graduated three years ago from Chester University he is now working as a quality control technician for a pharmaceutical company. He has just bought a stunning apartment at Morris Homes, Tower Wharf development in Chester through Help to Buy "Since graduating and getting a full time job I have being trying to save a deposit to buy my first home. Renting was always just stop gap for me, I knew I wanted to buy my own home." explains Nick. "However, it wasn't easy to save a deposit when paying rent as well. I had saved some money but was still a way off what I needed to buy a house." "One of my friends from Uni told me about some of the government shared equity schemes. He had just bought a house though FirstBuy (now replaced with Help to Buy). I decided to look into it. It seemed like a great option for me as you only need a 5% deposit," Just a couple of months later Nick is now settled into his stylish Chester city centre pad with an amazing view of Chester - at the envy of all his friends! Nick explains how easy the Help to Buy process was. "Its all been so easy. I would recommend Help to Buy to anyone that is struggling to get onto the property ladder. It's been great for me there's no way I would have been able to afford the monthly costs a place like this through private rent and it would have taken me at least another 5 yrs to save without help to Buy." So Help to Buy helped Nick move from renting into home ownership. We asked him to share his thoughts about the benefits of buying a new build home. 1. Rent is dead money "At the end of day when you are renting you are paying someone else's mortgage off and a little bit more so they can make a profit. You might as well be paying off your own mortgage and making an investment yourself." 2. Low repayment costs "Everyone thinks that buying is a lot more expensive than renting but that is not always the case." Currently with low interest rates the repayment of a mortgage is really low so it's a great time to buy. With Help to Buy all the lenders on board are offering great deals. 3. Low deposits "With Help to Buy you only need a 5% cash deposit which is really achievable." 4. Make the most of government schemes "Help to Buy is a great opportunity for young graduates like me and my friends particularly if you are buying on your own. " There's no catches to Help to Buy. Just make sure you get sound financial advice before taking out a mortgage and read the buyer's guide for full details on the scheme. 5. Put your own Stamp on the Property. "Buying you own property mean you can decorate as you like in rented properties some landlords do not allow this." 6. Take advantage of New Build "I love living in a new build property with the NHBC guarantee its reassurance that you don't need money put aside for problems with the building" Typically new build properties can save you money because the gas and electricity bills are typically lower than in an older property as they are so energy efficient. Properties are built to a high standard and most developers other and 1 or 2 year build guarantee. 7. Potential resale future investment "I feel that this property has potential to make me an investment in the future due to its amazing views" Buying your own home can be is an investment for the future however this should be considered carefully. If house prices go up you can make money on the property. Even if they don't go up its something you can pass on to your family or children. Very poor judgement imo. Here's the development mentioned in the article- Tower Wharf, Raymond Street, Chester, CH1 4EZ: http://www.morrishomes.co.uk/find-your-perfect-home/cheshire/chester/tower-wharf/ The photos tells me he's likely in one of the apartments in the part called 'The Locks', no prices are listed but these are all 1&2 bed flats and might be expected to be the cheaper end of the development, so he's in for £120k minimum, and Rightmove suggests it could be more like £140k for a 1-bed apartment depending on the layout. The apartments at Tower Wharf are as impressive as the location, all are either one or two bedroom properties with innovative, flexible living spaces that meet the demands of 21st century life. I'd be keen to know about service charges etc, these are often a large cost and no mention is made. Will be interesting to see how Nick gets on if/when he comes to sell. Edited September 5, 2013 by cheeznbreed Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted September 25, 2013 Author Share Posted September 25, 2013 Planning minister Nick Boles will be in Chester in the near future. Interestingly it his Conservative MP colleague who has invited him along. Their views are poles apart on planning. I've registered to attend. Public Meeting “Greenbelt, Local Plan and Planning” with planning minister Nick Boles MPThe planning minister Nick Boles MP will be in Chester on Monday October 7th at the invitation of Chester MP Stephen Mosley. Mr Boles will address a public meeting and take questions from the members of the public. The meeting will start at 2pm on Monday 7th October in the University’s Riverside Centre (formerly County Hall). People wishing to attend are asked to pre-register via bolesvisit@chesterconservatives.com or by ringing 01244 322732 (office hours). Due to his quasi-judicial role in government in determining planning appeals Mr Boles will not be able to take specific questions on live planning applications. Stephen Mosley said, “With so much public concern about planning matters and the green belt now is a good time for the minister to visit so he can listen to concerns and answer any questions people may have.” http://www.chestermp.com/2013/09/24/public-meeting-greenbelt-local-plan-and-planning-with-planning-minister-nick-boles-mp/ Quote Link to comment Share on other sites More sharing options...
Saving For a Space Ship Posted September 25, 2013 Share Posted September 25, 2013 Another case study on the Help to Buy Twitter feed, this time featuring a young man from Chester, who has shelled out on a pad and also put crayon to paper to give us the benefits of his thoughts on pwoperdee: http://www.homeshub.co.uk/news/benefits-of-buying.aspx Very poor judgement imo. Here's the development mentioned in the article- Tower Wharf, Raymond Street, Chester, CH1 4EZ: http://www.morrishomes.co.uk/find-your-perfect-home/cheshire/chester/tower-wharf/ The photos tells me he's likely in one of the apartments in the part called 'The Locks', no prices are listed but these are all 1&2 bed flats and might be expected to be the cheaper end of the development, so he's in for £120k minimum, and Rightmove suggests it could be more like £140k for a 1-bed apartment depending on the layout. I'd be keen to know about service charges etc, these are often a large cost and no mention is made. Will be interesting to see how Nick gets on if/when he comes to sell. I'm pretty sure that the site where developers were given / lent several £million by the council as previous plans for retail / flats were killed by recession . (cannot find chronicle paper link ) Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted October 1, 2013 Author Share Posted October 1, 2013 I'm pretty sure that the site where developers were given / lent several £million by the council as previous plans for retail / flats were killed by recession . (cannot find chronicle paper link ) Cheers for the info, I didn't know that. Sounds about right. Here's Chester insanity in a nutshell. 4 bed detached, £400k, down from £625k in the last 16 months: http://www.rightmove.co.uk/property-for-sale/property-22799604.html Probably go in an instant with HTB2. Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted October 4, 2013 Author Share Posted October 4, 2013 (edited) A good week for the Chester greenbelt campaigners: Firsty, Sir Steve Redgrave was in town last night, speaking in support of a long-running planning application for a student village with sports institute(which was his interest in the project). The council was sitting as a planning arbiter (quite unusual situation as I understand) and I think this will go to Government for a final decision: http://www.chesterchronicle.co.uk/news/chester-cheshire-news/student-village-scheme-overwhelmingly-rejected-6134481 The live updates shows that the meeting was pretty fractous. Also, a camp/caravan site also rejected at the high court: http://www.planningresource.co.uk/news/1214318/high-court-rejects-cheshire-green-belt-appeal/ Edited October 4, 2013 by The B.L.T. Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted October 7, 2013 Author Share Posted October 7, 2013 Planning minister Nick Boles will be in Chester in the near future. Interestingly it his Conservative MP colleague who has invited him along. Their views are poles apart on planning. I've registered to attend. http://www.chestermp.com/2013/09/24/public-meeting-greenbelt-local-plan-and-planning-with-planning-minister-nick-boles-mp/ Giving this a bump as the meeting is today: Public Meeting “Greenbelt, Local Plan and Planning” with planning minister Nick Boles MPSeptember 24, 2013 by admin 1 Comment The planning minister Nick Boles MP will be in Chester on Monday October 7th at the invitation of Chester MP Stephen Mosley. Mr Boles will address a public meeting and take questions from the members of the public. The meeting will start at 2pm on Monday 7th October in the University’s Riverside Centre (formerly County Hall). People wishing to attend are asked to pre-register via bolesvisit@chesterconservatives.com or by ringing 01244 322732 (office hours). Due to his quasi-judicial role in government in determining planning appeals Mr Boles will not be able to take specific questions on live planning applications. Stephen Mosley said, “With so much public concern about planning matters and the green belt now is a good time for the minister to visit so he can listen to concerns and answer any questions people may have.” See you there! Quote Link to comment Share on other sites More sharing options...
Sandi Toksvig Posted November 1, 2013 Share Posted November 1, 2013 Chester UNDISPUTED REPO CAPITAL of the WHOLE UK Not quite sure why that is. Partly overextension by the aspirational and also unwise investment in those awful new city centre apartments that you can't shift for half their original selling price (HELLO ANTHEA TURNER) I guess Quote Link to comment Share on other sites More sharing options...
bonse Posted November 3, 2013 Share Posted November 3, 2013 Chester UNDISPUTED REPO CAPITAL of the WHOLE UK Not quite sure why that is. Partly overextension by the aspirational and also unwise investment in those awful new city centre apartments that you can't shift for half their original selling price (HELLO ANTHEA TURNER) I guess the actual quote is chester wigan blackpool oldham are among the areas with the highest proportion of homeowners at RISK of loosing the roof over their head according to research done by chartered surveyors esurv. the rest of the article is fairly woolly, Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted November 11, 2013 Author Share Posted November 11, 2013 (edited) Not exactly related but given the pricing madness in Chester I simply can't be arsed posting much more on that for the timebeing. Here's a single person taking up two houses in Cheshire: http://www.telegraph.co.uk/finance/personalfinance/consumertips/jessicainvestigates/10436212/Can-I-get-second-TV-licence-for-free.html I am being threatened with criminal prosecution by the BBC Licensing Authority for not buying a TV Licence. The fine is £1,000. I am more than 75 years old and am sole resident of two properties. One where I have the free licence concession and the other where I don’t. I spend a few days a week at each property and they are vacant when I am not living there. I have written to and phoned the licensing people and, although I have explained that I cannot watch tv at both places at the same time, they insist that I must buy a licence. Apparently if the second property was a mobile home I would not need one. If the television was not mains operated, I would not need one. Before being 75 years old I have had a licence for each property for more than 35 years. BA, Cheshire TVL have him bang to rights. I'm sure he could pay up and end the prosecution. Edited November 12, 2013 by The B.L.T. Quote Link to comment Share on other sites More sharing options...
Quinch Posted December 17, 2013 Share Posted December 17, 2013 Just searched for Hush House and found this thread from 5 years ago http://www.housepricecrash.co.uk/forum/index.php?showtopic=70134&st=0&p=1002259&hl=+hush%20+house&fromsearch=1entry1002259 and here is the nethouseprices listing for hush house http://www.nethouseprices.com/index.php?con=sold_prices_street_detail&locality=CHESTER&town=CHESTER&street=WEAVER+STREET&year=last_ten_years&house_style=F&house_age=All&house_type=All&search_radius=&northingToSearch=&eastingToSearch=&cCode=EW&outcode=CH1&incode=2BQ&order=&price_min=&price_max=&start_limit=0&curPage=1 Penthouse just come for sale, No 23 I believe, 2003 sold for £349,000 2013 asking £295. Thoughts? Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted January 6, 2014 Author Share Posted January 6, 2014 Planning permission has recently been granted for 1,570 homes on the outskirts of Ellesmere Port. Redrow is the developer, and an initial application for 2,000 homes was rejected but the reduced plan was passed recently. The local free rag (Chronicle) has a full pager from the perspective of the glum local opposition in the form of the Ledsham&Manor Action Group. Here's the blog post about the application: A BAD DAY FOR DEMOCRACYWHAT A STITCH UP! As many of you will have heard, the Council’s Strategic Planning Committee on 05 December 2013 voted to APPROVE by 5 votes to 2 with 2 abstentions, Redrow’s resubmitted Outline Planning Application to build in the region of 1570 houses on land south of Ledsham Road, Little Sutton, following a recommendation for approval from the Officers. This despite the fact that this follow up Planning Application being little different from the one for 2000 houses that was unanimously rejected by the SPC in June! How could the decision be different when so little has changed? This is a bad day for the residents of Little Sutton and the Green Lane area of Great Sutton, democracy in general and our local authority’s planning processes. It is a bad day for democracy as the views of local residents have been totally ignored. The local authority have shown scant regard for their views on their neighbourhood development, their values, and the impact on their quality of life, and ignored totally L&MAG’s measured and well argued points that are material considerations. Clearly Localism has no meaning in Cheshire West and Chester. It is a bad day for the local authority’s planning process as it has shown that they are willing to ignore all the major environmental impact problems that this development will create, not least the increased traffic problems for existing and new residents and through commuters; and have placed no value whatsoever on the preservation of high quality farmland and essential green space. They are clearly willing to risk the very real problems of flooding and drainage and subject the local community to over 20 years of disruption. All of this whilst many brownfield sites exist to adequately meet the local housing need. Just one more step in the concreting over of all green spaces in the Ellesmere Port area. Urban sprawl at its worst. This decision is supposedly forced upon the Council as they have been dilatory in creating a realistic and deliverable Local Plan; have insisted on an unrealistic and unattainable growth aspiration and housing need for the Borough in the current economic climate; resulting therefore in their inability to meet the Government 5 year forward supply requirements; and thereby being forced to approve any planning application that comes forward however undesirable, problematic or unnecessary in that locality. They have been playing a numbers game with scant consideration of what housing and what type of housing is really needed and where. This coupled with a very evident developer bias from some members, and pressure from some quarters. The contempt shown to local residents was evident when the date for the determination of this follow up Application and its venue was changed to Chester as opposed to Ellesmere Port; making it difficult for working residents to attend and then with limited capacity for attendees and with attendant parking problems; this says it all. By doing this, this also forced an almost completely new committee because of unavailability, with the clear intention that changing the committee would increase the chances of approval this time round. The only member remaining from the previous committee apart from the chairman was the Conservative party whip and it was he who proposed the motion to approve the Application supported then by the other 4 Conservative Councillors without any valid reasons given for the approval! We in Ledsham & Manor Action Group know that we could not have done any more to present our position; we detailed our arguments clearly, extensively and in relevant planning terms. Many people have tirelessly given of their time to help us put together these strong arguments against the development, or assisted in other ways eg delivering newsletters. To them we give our thanks. Those in the Council responsible for this decision should be ashamed of themselves, especially 2 of the 4 Labour Councillors who chose to abstain rather than have the courage to stand up for what they knew to be right. Posted by LAM Action Group Communications at 1:56 PM http://www.lamactiongroup.co.uk/ The basic issue is imo that the Council are in a poor position to turn the application down as they have not yet provided sufficient capacity to meet the 5 year supply for the Local Plan. The action group have submitted an paper laying out their concerns in response to the decision: https://skydrive.live.com/view.aspx?resid=9CB12D44579B4C6F!213&cid=9cb12d44579b4c6f&app=WordPdf&wdo=2&authkey=!AH1rmmODiYcrYWc The original submission documents detailing the objection make a pretty basic error imo: 4.2 The UK economy is stagnating. Unemployment levels remain high. Few new jobs are being created. This uncertainty about job security and opportunity coupled with the Eurozone crisis means that people generally are reluctant to invest in property or move. The reason why those people who want to buy are not able to buy is not that there is a housing shortage, but is because they are too expensive and funds are difficult to raise. In June 2012, there were approximately 438 houses for sale in Little Sutton/Great Sutton CH66 area, many for more than a year. There is no evidence whatsoever that the building of houses will change things and kick start the economy. You need business expansion first. Where are the jobs for the occupants of 2000 new houses? https://skydrive.live.com/view.aspx?resid=9CB12D44579B4C6F!121&cid=9cb12d44579b4c6f&app=WordPdf&wdo=2 Yup, if you make the price of housing high enough you can then deploy this as a means of arguing against building more because no one can afford them. Quote Link to comment Share on other sites More sharing options...
The Knimbies who say No Posted January 24, 2014 Author Share Posted January 24, 2014 FFS. That is all. http://www.rightmove.co.uk/property-for-sale/property-29094696.html Quote Link to comment Share on other sites More sharing options...
Venger Posted February 1, 2014 Share Posted February 1, 2014 (edited) FFS. That is all. http://www.rightmove...y-29094696.html And the property-VIs, or left-wing '"we all have to share the blame" sympathisers, want to take non-owning savers' money towards cushioning market correction, when we've suffered years of watching house prices only getting worse and worse, and housing VIs grinning like idiots about their gains. Told all the time older owners want lower house prices lol. If they did they wouldn't seek highest asking prices possible. Savers to blame for this? FFS. Then there's need to have money to maintain a house, cost of living, have something of a life, raise a family and try and put something aside toward a pension. What is going on? http://www.rightmove...country=england 07 Jun 2004 @ £250,000 13 Feb 2002 @ £143,000 Edited February 1, 2014 by Venger Quote Link to comment Share on other sites More sharing options...
Quinch Posted February 6, 2014 Share Posted February 6, 2014 FFS http://www.rightmove.co.uk/property-for-sale/property-44783564.html £180k west st!!!! Quote Link to comment Share on other sites More sharing options...
Gerinako Posted September 1, 2014 Share Posted September 1, 2014 And I'm now officially subscribed to this thread Keeping an eye out on prices here over the next year or two as I look to buy Quote Link to comment Share on other sites More sharing options...
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