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julieannboo

Tottenham Property Prices

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I wanted to buy a little studio last august which was alot for 135k.

I was outbid.

Now just 12 months later another is going for 180k in the same block.

Surely we have peaked in london now?

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I think whereas last year properties in Tottenham were selling for more than asking price (I sold my own for 8% over asking), now they are only likely to get offers under the ambitious asking prices

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eat ya words!

one studio just came on the market for offers in region of £220k

WOW!

http://www.zoopla.co.uk/for-sale/details/36955750?search_identifier=c0a30a8f03f9bd8f0633e766a8371271#YipdaThUMqDx0A0M.97

Hardly makes it less shocking, but that's a one-bed, not a studio.

According to this: http://www.rightmove.co.uk/house-prices-in-my-area/marketTrendsTotalPropertiesSoldAndAveragePrice.html?searchLocation=n17&sellersPriceGuide=Start+Search

...prices of flats in N17 fell 19.5% from Aug-14 to Jan-15

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Hardly makes it less shocking, but that's a one-bed, not a studio.

According to this: http://www.rightmove.co.uk/house-prices-in-my-area/marketTrendsTotalPropertiesSoldAndAveragePrice.html?searchLocation=n17&sellersPriceGuide=Start+Search

...prices of flats in N17 fell 19.5% from Aug-14 to Jan-15

No you are wrong. they are called 'studios' - the one bed flats have bigger bedrooms.

I am an expert about that estate.

so in just under 2 years - the flat that was on for 135k has jumped to offers of 220k for a studio.

Amazing.

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eat ya words!

one studio just came on the market for offers in region of £220k

WOW!

http://www.zoopla.co.uk/for-sale/details/36955750?search_identifier=c0a30a8f03f9bd8f0633e766a8371271#YipdaThUMqDx0A0M.97

I bought one of these off plan for £32,000. (Sold to BTLer in '97 for £40) They dropped to £27,000 after a while. There are subsidence issues.

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