iamnumerate Posted December 12, 2014 Share Posted December 12, 2014 http://www.rightmove.co.uk/s6p/31129587 This one is a joke! I viewed this last yeàr at £250k. No modernisation had occurred between then and now!!! It sold. A crazy price for something that was £65 K in the mid 90's if only the average wage had increased 5 times in 20 years! Quote Link to comment Share on other sites More sharing options...
pras Posted December 12, 2014 Share Posted December 12, 2014 (edited) What a bloody joke! This makes me so angry. Edited December 12, 2014 by pras Quote Link to comment Share on other sites More sharing options...
westlondon Posted December 15, 2014 Share Posted December 15, 2014 The trouble with or indeed the attraction of London is that the average wage in the City is probably about £60,000 a year. A couple on those salaries can raise a mortgage of £480,000 without much difficulty. Add in a deposit in the form of a few years' bonuses and they can get to £600k total buying fund without a problem. This represents little long term risk because salaries will rise nicely The dump in E-whatever it was probably went to a singleton with a bigger deposit than that. Quote Link to comment Share on other sites More sharing options...
the flying pig Posted December 22, 2014 Share Posted December 22, 2014 550k uplift and some tosser buys it , these idiots are the problem do they have no intelligence at all !!!!! i can't understand the price for a house of that size in that location. even by current london standards it must surely be way out of kilter? Quote Link to comment Share on other sites More sharing options...
jasonpistol Posted January 21, 2015 Author Share Posted January 21, 2015 http://www.rightmove.co.uk/property-for-sale/property-48024484.html "the owners have priced the house competitively to achieve a quick sale" Quote Link to comment Share on other sites More sharing options...
MattW Posted January 21, 2015 Share Posted January 21, 2015 http://www.rightmove.co.uk/property-for-sale/property-48024484.html "the owners have priced the house competitively to achieve a quick sale" I'm getting a bit OCD about that gas meter box missing a door! Quote Link to comment Share on other sites More sharing options...
Up the spout Posted February 28, 2015 Share Posted February 28, 2015 http://www.rightmove.co.uk/property-for-sale/property-48024484.html "the owners have priced the house competitively to achieve a quick sale" The owners could've made it look half decent before the photographer came. Quote Link to comment Share on other sites More sharing options...
royalvictor Posted March 4, 2015 Share Posted March 4, 2015 let me add this beauty in the contest. Not expecting it to make top of the pile, but nevertheless: http://www.rightmove.co.uk/property-for-sale/property-32196966.html Bought for 200k back in Feb' 2013, now on for 350k? Hmm, let's see how Richmond in comparison has performed: 14.7% CAGR according to Land Registry. The vendor seems to think more like 34% pa. Yeah right! At least 75k above benchmark. Quite ridiculous! Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted March 4, 2015 Share Posted March 4, 2015 let me add this beauty in the contest. Not expecting it to make top of the pile, but nevertheless: http://www.rightmove.co.uk/property-for-sale/property-32196966.html Bought for 200k back in Feb' 2013, now on for 350k? Hmm, let's see how Richmond in comparison has performed: 14.7% CAGR according to Land Registry. The vendor seems to think more like 34% pa. Yeah right! At least 75k above benchmark. Quite ridiculous! ex factory/warehouse/office block? Quote Link to comment Share on other sites More sharing options...
royalvictor Posted March 8, 2015 Share Posted March 8, 2015 turns out: is a mixed-use building. Two businesses downstairs (accounting and whatnot) and 2 flats above. The nerve to charge £1,500pcm for service and £250pa for ground rent!?! My valuation of < £300k seems right. A flat above a row of shops on the other side of A316 is going for £325k and that one is most certainly not even a £300k property. I'll leave it to the EA to find the vendor some other ninny.... the poor soul seems to be very keen to sell, go for him Quote Link to comment Share on other sites More sharing options...
tpsman Posted March 10, 2015 Share Posted March 10, 2015 http://www.rightmove.co.uk/property-for-sale/property-51054470.html?utm_content=v2-ealertspropertyimage&utm_medium=email&utm_source=emailupdates&utm_campaign=emailupdates1day&utm_term=buying&sc_id=16283794&onetime_FromEmail=true Someone must be having a laugh! Quote Link to comment Share on other sites More sharing options...
Bubble & Squeak Posted March 12, 2015 Share Posted March 12, 2015 http://www.rightmove.co.uk/property-for-sale/property-51054470.html?utm_content=v2-ealertspropertyimage&utm_medium=email&utm_source=emailupdates&utm_campaign=emailupdates1day&utm_term=buying&sc_id=16283794&onetime_FromEmail=true Someone must be having a laugh! this one is better value http://www.rightmove.co.uk/property-for-sale/property-51085538.html/svr/2124;jsessionid=7FD21B915327CE61AEEB6500F8834EC0 Quote Link to comment Share on other sites More sharing options...
tpsman Posted August 2, 2015 Share Posted August 2, 2015 How about this one: http://www.rightmove.co.uk/property-for-sale/property-51032989.html Quote Link to comment Share on other sites More sharing options...
wlf Posted August 5, 2015 Share Posted August 5, 2015 ex factory/warehouse/office block? let me add this beauty in the contest. Not expecting it to make top of the pile, but nevertheless: http://www.rightmove.co.uk/property-for-sale/property-32196966.html Bought for 200k back in Feb' 2013, now on for 350k? Hmm, let's see how Richmond in comparison has performed: 14.7% CAGR according to Land Registry. The vendor seems to think more like 34% pa. Yeah right! At least 75k above benchmark. Quite ridiculous! Note it sold for £305000 Mar 2015. A fair whack down on asking but still up signficantly on the 2 year previous price. Assume it had a reno in that time though. Immediately to the rear of it are a number of railways, and the back side of building is grafittied. While in Richmond, the immediate area is pretty dire. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted August 17, 2015 Share Posted August 17, 2015 How about this one: http://www.rightmove.co.uk/property-for-sale/property-51032989.html It doesn't look a bad house. However for a family with a single earner (and until recently many homes were bought by single earner) they would have to earn £100K to £120 K to buy this. In 95 prices were £56 K in this road, someone earning £16 K p.a. could have bought, now which jobs paying £16K p.a. in 95 pay £100K p.a. now (if there are any please pm me with details). Quote Link to comment Share on other sites More sharing options...
wlf Posted August 19, 2015 Share Posted August 19, 2015 Another contender from the Richmond area: http://www.rightmove.co.uk/property-for-sale/property-54144896.html "Great opportunity to secure this unusual one bedroom apartment" "Sold with tenants in situ on a long standing Assured Short Hold Tenancy this is a fantastic chance to secure a property at a very reasonable price" ie; no chance to live in, probably underrented and I think no prospect of increasing it? Sounds like an amazing investment Quote Link to comment Share on other sites More sharing options...
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