TheCountOfNowhere Posted December 2, 2014 Share Posted December 2, 2014 (edited) Biggest london property bubble in history and: http://www.rightmove.co.uk/property-for-sale/property-46251905.html 02/12/2014 Status changed: from 'Under offer' to 'null' 19/11/2014 Status changed: from 'null' to 'Under offer' 23/10/2014 Status changed: from 'Under offer' to 'null' 18/10/2014 Status changed: from 'null' to 'Under offer' 06/10/2014 Price changed: from '£529,950' to '£499,950' 08/08/2014 Price changed: from '£549,950' to '£529,950' 11/07/2014 Price changed: from '£575,000' to '£549,950' 15/06/2014 Price changed: from '£599,950' to '£575,000' 09/05/2014 Initial entry found. What next, raise the price perhaps, that might help secure a savvy foreign buyer ? What still astounds me is that someone is offering on these places. Here's another.....raise your price to get a sale why dont you. http://www.rightmove.co.uk/property-for-sale/property-46043449.html 02/12/2014 Price changed: from '£499,950' to '£475,000' 13/11/2014 Price changed: from '£490,000' to '£499,950' Status changed: from 'Under offer' to 'null' 24/09/2014 Price changed: from '£500,000' to '£490,000' Status changed: from 'null' to 'Under offer' 18/09/2014 Title changed: Atherfold Road, Clapham, London, SW9 04/09/2014 Initial entry found. Price changed: from '£475,000' to '£500,000' Edited December 2, 2014 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Ol Pentu Posted December 2, 2014 Share Posted December 2, 2014 This astounds me. Why someone would pay 1/2 a mill for a flat between Stockwell, Brixton and Clam N is madness. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 2, 2014 Author Share Posted December 2, 2014 If some sales were going throw at these crazy prices, the land registry will plummet in 3 months time if low sales prices filter through. If no one is buying at these reduced prices then rightmove index will plummet. In no one buys, everything will plummet. What I am trying to say is, i might be this again: Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 2, 2014 Author Share Posted December 2, 2014 This astounds me. Why someone would pay 1/2 a mill for a flat between Stockwell, Brixton and Clam N is madness. What astounds me is that someone wanted to, estate agents are allowed to push up prices and before April the banks were lending to people buying. Quote Link to comment Share on other sites More sharing options...
200p Posted December 2, 2014 Share Posted December 2, 2014 (edited) Biggest london property bubble in history and: http://www.rightmove.co.uk/property-for-sale/property-46251905.html Why is there a SOLD sign in the lounge? Edited December 2, 2014 by 200p Quote Link to comment Share on other sites More sharing options...
200p Posted December 2, 2014 Share Posted December 2, 2014 (edited) I think I know why - it's this NLP thing. If you imagine hard enough about Rolls Royces, you'll get one! So if you have a SOLD sign - you'll sell the flat and be quids in! Come on, everyone concentrate Uri Gella style! No hang on.... think HPC, think HPC, it will happen, 90% off London prices, 90% off, 90% off Polaroid TVs C'mon! You can't buy SOLD signs on ebay, so maybe it's a EA selling it? The market is propped up by EAs selling to each other...... who'd thunk it. Edited December 2, 2014 by 200p Quote Link to comment Share on other sites More sharing options...
Timak Posted December 2, 2014 Share Posted December 2, 2014 However I've just looked up the flat my sister sold for £371k in 2009 (after buying it in 2005 for £325k) and it sold in June this year for £740k! Admittedly the previous owners decorated it nicely but it is a first floor flat overlooking a busy main road with small bedrooms and no outside space on Wandsworth high street.. Who would pay that much money for a flat like that?! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted December 2, 2014 Author Share Posted December 2, 2014 However I've just looked up the flat my sister sold for £371k in 2009 (after buying it in 2005 for £325k) and it sold in June this year for £740k! Admittedly the previous owners decorated it nicely but it is a first floor flat overlooking a busy main road with small bedrooms and no outside space on Wandsworth high street.. Who would pay that much money for a flat like that?! NO one sane would. If you are a foreign buyer though and your currency hasn't been devalued 30% relative to the £ since 2007, then I guess your qare still buying at peak 2007 bubble prices. Great if you have managed to sell. But in reality, it's bad for the rest of the country. Quote Link to comment Share on other sites More sharing options...
davidg Posted December 2, 2014 Share Posted December 2, 2014 This astounds me. Why someone would pay 1/2 a mill for a flat between Stockwell, Brixton and Clam N is madness. Why would anyone pay 2 million gold ducets for a Semper Augustus? I guess they figure that it's different this time and prices can only go up. Quote Link to comment Share on other sites More sharing options...
Wurzel Of Highbridge Posted December 2, 2014 Share Posted December 2, 2014 (edited) I think I know why - it's this NLP thing. If you imagine hard enough about Rolls Royces, you'll get one! So if you have a SOLD sign - you'll sell the flat and be quids in! Come on, everyone concentrate Uri Gella style! No hang on.... think HPC, think HPC, it will happen, 90% off London prices, 90% off, 90% off Polaroid TVs C'mon! You can't buy SOLD signs on ebay, so maybe it's a EA selling it? The market is propped up by EAs selling to each other...... who'd thunk it. It's working.... Edited December 2, 2014 by Wurzel Of Highbridge Quote Link to comment Share on other sites More sharing options...
200p Posted December 2, 2014 Share Posted December 2, 2014 Haha Quote Link to comment Share on other sites More sharing options...
Blod Posted December 2, 2014 Share Posted December 2, 2014 However I've just looked up the flat my sister sold for £371k in 2009 (after buying it in 2005 for £325k) and it sold in June this year for £740k! Admittedly the previous owners decorated it nicely but it is a first floor flat overlooking a busy main road with small bedrooms and no outside space on Wandsworth high street.. Who would pay that much money for a flat like that?! That is totally mad. Quote Link to comment Share on other sites More sharing options...
winkie Posted December 2, 2014 Share Posted December 2, 2014 However I've just looked up the flat my sister sold for £371k in 2009 (after buying it in 2005 for £325k) and it sold in June this year for £740k! Admittedly the previous owners decorated it nicely but it is a first floor flat overlooking a busy main road with small bedrooms and no outside space on Wandsworth high street.. Who would pay that much money for a flat like that?! Someone desperate to live in Wandsworth......they would have to pay me that to live in Wandsworth. Quote Link to comment Share on other sites More sharing options...
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