julieannboo Posted August 11, 2014 Share Posted August 11, 2014 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? Quote Link to comment Share on other sites More sharing options...
Wurzel Of Highbridge Posted August 11, 2014 Share Posted August 11, 2014 Well, I can telly you one thing. It won't be £225k next year! Who's going to be able to pay those prices? Quote Link to comment Share on other sites More sharing options...
julieannboo Posted August 11, 2014 Author Share Posted August 11, 2014 I agree. I def think london property market has peaked. Quote Link to comment Share on other sites More sharing options...
wotnocrash Posted August 13, 2014 Share Posted August 13, 2014 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 Quote Link to comment Share on other sites More sharing options...
julieannboo Posted May 21, 2015 Author Share Posted May 21, 2015 Well, I can telly you one thing. It won't be £225k next year! Who's going to be able to pay those prices? 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 Quote Link to comment Share on other sites More sharing options...
duffbear Posted May 21, 2015 Share Posted May 21, 2015 Dear Lord just .... *shakes head* Quote Link to comment Share on other sites More sharing options...
65243 Posted May 21, 2015 Share Posted May 21, 2015 Well, I can telly you one thing. It won't be £275k next year! Who's going to be able to pay those prices? Quote Link to comment Share on other sites More sharing options...
mewParadigm Posted May 21, 2015 Share Posted May 21, 2015 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 Quote Link to comment Share on other sites More sharing options...
julieannboo Posted May 22, 2015 Author Share Posted May 22, 2015 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. Quote Link to comment Share on other sites More sharing options...
non frog Posted May 22, 2015 Share Posted May 22, 2015 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. Quote Link to comment Share on other sites More sharing options...
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