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29% Increase In Less Than A Year


RupertT
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The question is how did it make £450k in the first place? It's cramped, a tiny plot, and the village is nothing special, in the middle of nowhere.

1,541 f2=£375per square foot!-implies about £425k for the plot/land-yikes!

Just lookes at a house in Berkshire in a 1/2 acre plot which is less psf than that.

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Plenty of comparables ...

  • Clisson House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £645,000 Detached, Freehold (New Build) 16 Dec 2013
  • Redfern House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £645,000 Detached, Freehold (New Build) 28 Oct 2013
  • Glanville House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £640,000 Detached, Freehold (New Build) 30 Oct 2013
  • Norand House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £630,000 Detached, Freehold (New Build) 22 Nov 2013
  • Stradling House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £625,000 Detached, Freehold (New Build) 15 Nov 2013
  • Cadogan House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £623,995 Detached, Freehold (New Build) 22 Nov 2013
  • Leoline House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £611,000 Detached, Freehold (New Build) 19 Mar 2014
  • Alden House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £610,000 Detached, Freehold (New Build) 07 Mar 2014
  • Treharne House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £545,000 Detached, Freehold (New Build) 07 Mar 2014
  • Blethian House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £517,000 Detached, Freehold (New Build) 15 Nov 2013
  • Idwal House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £517,000 Detached, Freehold (New Build) 15 Nov 2013
  • Townmill House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £500,000 Detached, Freehold (New Build) 16 Oct 2013
  • Bovium House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £500,000 Detached, Freehold 08 Oct 2013
  • Durell House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE
    £475,000 Detached, Freehold (New Build) 08 Oct 2013
  • Hoggan House, Town Mill Road, Cowbridge, The Vale Of Glamorgan CF71 7BE £450,000 Detached, Freehold (New Build) 22 Nov 2013 4 bedrooms
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  • 4 weeks later...

For 645K you could buy TWO studios/flats in Kensington.

Quite honestly If I had the choice....I'd go for Kensington.

I've lived there, at least it's exciting and not at the end of the world.

http://www.rightmove.co.uk/property-for-sale/property-45239542.html,

overpriced in any case, but....great location!

"Only 330K"!

Jule

250K tops IMPO.

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  • 2 months later...
  • 4 weeks later...
  • 1 month later...

New builds tend to ask a premium. That said, I guess we are looking at chalk and cheese.

Need to get real and ask why anyone would pay £1 million for a flat in Mayfair when they could buy a property in Calcutta for the price of a few tins of beer and a copy of yesterdays Mail on Sunday.

Some parts of Wales are hotspots imo, afraid I do not include Swansea in that but that is just my view.

Ask yourselves what the attraction is if buying to live.

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