TheCountOfNowhere Posted March 18, 2015 Share Posted March 18, 2015 http://www.rightmove.co.uk/property-for-sale/property-44882767.html 18/03/2015 Agent changed: from 'by Acres' to 'Acres' Agents Location changed: from 'Four Oaks.' to 'Four Oaks' Price changed: Offers in Region of £1,650,000 £1,350,000 11/03/2015 Status changed: from 'null' to 'Available' 15/12/2014 Price changed: £1,650,000 Price changed: Offers in Region of £1,650,000 27/11/2014 Price changed: Offers in Region of £1,650,000 17/06/2014 Initial entry found. There you go, you are now £300K better off. Quote Link to comment Share on other sites More sharing options...
richc Posted March 18, 2015 Share Posted March 18, 2015 Why? No, seriously, why would anyone pay £1.35 million to live in that house? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 18, 2015 Author Share Posted March 18, 2015 Why? No, seriously, why would anyone pay £1.35 million to live in that house? Why would anyone pay £1.35 million to live in this house: http://www.rightmove.co.uk/property-for-sale/property-50912693.html Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted March 18, 2015 Share Posted March 18, 2015 In the W Midlands??? £1.3M??? 1.65 was a total joke. 1.35 is a massive joke. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 18, 2015 Author Share Posted March 18, 2015 In the W Midlands??? £1.3M??? 1.65 was a total joke. 1.35 is a massive joke. Yeah, the west midlands. Basically from Milton Keynes north any 5 bed house is on the market for "total joke" money, having previously been on the market for years at "massive joke" money. If you are selling your 1.35M terrace in clapham and moving to the wet Midlands, that house looks like a bargain. If you are a struggling business owner in Birmingham, that house looks like a sick joke. One can see how the London mega bubble can easy distort the housing market of the whole country and cause real problems for non-londers. Still the London based MPs probably dont see this. The joke aint funny any more. Quote Link to comment Share on other sites More sharing options...
The Spaniard Posted March 18, 2015 Share Posted March 18, 2015 In the W Midlands??? £1.3M??? 1.65 was a total joke. 1.35 is a massive joke. Maybe Stanley and Pammy have lived there: Quote Link to comment Share on other sites More sharing options...
norseraider Posted March 18, 2015 Share Posted March 18, 2015 Both nice houses! £1.3m quid is a lot of money though. Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted March 18, 2015 Share Posted March 18, 2015 http://www.rightmove.co.uk/property-for-sale/property-44882767.html There you go, you are now £300K better off. Yesterday you said you looked at the previous Land Registry sold price then worked out a real price from there. This one sold for £1,160,500 in Aug 2004. What's your real price for it now? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 18, 2015 Author Share Posted March 18, 2015 Both nice houses! £1.3m quid is a lot of money though. Not if you are a rich londoner lucky idiot from London Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 18, 2015 Author Share Posted March 18, 2015 (edited) Yesterday you said you looked at the previous Land Registry sold price then worked out a real price from there. This one sold for £1,160,500 in Aug 2004. What's your real price for it now? Well, the west midlands land registry is still about 2004 levels so i'd say: £1,160,500. if someone offers £100K under the asking price there then it's not far off that level. if someone overs 10% off the asking price, it's pretty much spot on that price. If listed for £300K more than it is now, that means it was probably on at 2007 + 20% maybe ? If it doesn't sell in the next 6 months then who knows what it's worth..... These sort of top down drops must be making stuff like this, nearby: http://www.rightmove.co.uk/property-for-sale/property-47597321.html http://www.rightmove.co.uk/property-for-sale/property-51091034.html http://www.rightmove.co.uk/property-for-sale/property-48038125.html harder to shift at those price. When they drop it then puts more pressure on the £800-£1M places etc. The 500K+ market didnt really drop in 2008, it just disappeared....now maybe we're seeing reality strike. Edited March 18, 2015 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2015 Share Posted March 18, 2015 http://www.rightmove.co.uk/property-for-sale/property-44882767.html 18/03/2015 Agent changed: from 'by Acres' to 'Acres' Agents Location changed: from 'Four Oaks.' to 'Four Oaks' Price changed: Offers in Region of £1,650,000 £1,350,000 11/03/2015 Status changed: from 'null' to 'Available' 15/12/2014 Price changed: £1,650,000 Price changed: Offers in Region of £1,650,000 27/11/2014 Price changed: Offers in Region of £1,650,000 17/06/2014 Initial entry found. There you go, you are now £300K better off. Ok that house is uninhabited in the photos... presuming that is still the case, where the f**k are the occupants? Either a rental void, or they've downsized already, or a foreign cash buyer now trying to escape? Or repo? Quote Link to comment Share on other sites More sharing options...
long time lurking Posted March 18, 2015 Share Posted March 18, 2015 In the W Midlands??? £1.3M??? 1.65 was a total joke. 1.35 is a massive joke. It`s that time of year again......the time when the market picks up next year Quote Link to comment Share on other sites More sharing options...
Democorruptcy Posted March 18, 2015 Share Posted March 18, 2015 Well, the west midlands land registry is still about 2004 levels so i'd say: £1,160,500. if someone offers £100K under the asking price there then it's not far off that level. if someone overs 10% off the asking price, it's pretty much spot on that price. If listed for £300K more than it is now, that means it was probably on at 2007 + 20% maybe ? If it doesn't sell in the next 6 months then who knows what it's worth..... When you click the Market Info the last sold price doesn't show (again....) it just lists one for sale 1/2m away at £2m!! If it makes you feel any better someone has just bought a £1,295,000 2 bed flat in Cheshire. http://www.rightmove.co.uk/property-for-sale/property-50226122.html Aye.... houses are cheaper up North. Quote Link to comment Share on other sites More sharing options...
Bear Necessities Posted March 18, 2015 Share Posted March 18, 2015 That one in Chester is built right next to a busy roundabout (in a building partially occupied by the local council, who only moved in there because the developers couldn't get any other businesses to move in) Quote Link to comment Share on other sites More sharing options...
Killer Bunny Posted March 18, 2015 Share Posted March 18, 2015 If it makes you feel any better someone has just bought a £1,295,000 2 bed flat in Cheshire. http://www.rightmove.co.uk/property-for-sale/property-50226122.html Aye.... houses are cheaper up North. Cheshire I can imagine. #LoadsaMoney!!! But Midlands??? Quote Link to comment Share on other sites More sharing options...
Mrs Bear Posted March 18, 2015 Share Posted March 18, 2015 Cheshire I can imagine. #LoadsaMoney!!! But Midlands??? Depends where in the Midlands. There are areas of loadsamoney there too, have been for a long time. When I was 9 - which is a very very VERY long time ago - my folks moved from Purley in Surrey to Solihull, then Warwickshire, now W Midlands. And even then one of the EAs said to my mother, 'You're nobody here unless you've got three cars and a horse.' I kid you not. Quote Link to comment Share on other sites More sharing options...
norseraider Posted March 18, 2015 Share Posted March 18, 2015 Not if you are a rich londoner lucky idiot from London Nah, I'm just a normal idiot from London What I really mean is that the houses themselves are not dives -- I'd be pleased to live in either. The Clapham terrace would not be considered "cheap" even by London standards. It's true that people here do tend to suffer appalling number-blindness when presented with house prices, but £1.3m is still a lot money to almost every resident of the city. People have managed to double-think themselves into not seeing it as real money anymore. Quote Link to comment Share on other sites More sharing options...
Travisher Posted March 18, 2015 Share Posted March 18, 2015 Looking at the pictures I'd say this could be a repo... Would anybody with enough dosh to own and run such a place put up with a dangerously wonky toilet seat? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 18, 2015 Author Share Posted March 18, 2015 Nah, I'm just a normal idiot from London What I really mean is that the houses themselves are not dives -- I'd be pleased to live in either. The Clapham terrace would not be considered "cheap" even by London standards. It's true that people here do tend to suffer appalling number-blindness when presented with house prices, but £1.3m is still a lot money to almost every resident of the city. People have managed to double-think themselves into not seeing it as real money anymore. Most people dont even see money anymore, just bits of plastic and numbers on a screen. It's so easy to loose sight of it's value when you dont have it in front of you. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted March 18, 2015 Author Share Posted March 18, 2015 Looking at the pictures I'd say this could be a repo... Would anybody with enough dosh to own and run such a place put up with a dangerously wonky toilet seat? Ahhh, I remember the days when repos went at real market value not pretend HTB/FLS/ISA propped 30% over value. Quote Link to comment Share on other sites More sharing options...
Venger Posted June 7, 2015 Share Posted June 7, 2015 Depends where in the Midlands. There are areas of loadsamoney there too, have been for a long time. When I was 9 - which is a very very VERY long time ago - my folks moved from Purley in Surrey to Solihull, then Warwickshire, now W Midlands. And even then one of the EAs said to my mother, 'You're nobody here unless you've got three cars and a horse.' I kid you not. A load of smug ****wipes been on this long-wave HPI trip for decades. The EAs and owners/buyers who lap it up. These house prices and still HPCers weeping over buyers paying such prices, that 'No one reports the risks.' FFS Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted June 7, 2015 Author Share Posted June 7, 2015 A load of smug ****wipes been on this long-wave HPI trip for decades. The EAs and owners/buyers who lap it up. These house prices and still HPCers weeping over buyers paying such prices, that 'No one reports the risks.' FFS Looks like this house and the one from the other BIG drop are off the market now. I wonder if they sold ? Quote Link to comment Share on other sites More sharing options...
Venger Posted June 7, 2015 Share Posted June 7, 2015 Count; they're probably waiting for the market to recover in that area. Last sold for £1,160,500 in 2004 http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=45347372&sale=8511641&country=england Problem with these listings, where there are some hints of weakness, is they're far removed from my price range... I don't even want a rambling large house. http://www.rightmove.co.uk/property-for-sale/property-44882767.html 18/03/2015 Agent changed: from 'by Acres' to 'Acres' Agents Location changed: from 'Four Oaks.' to 'Four Oaks' Price changed: Offers in Region of £1,650,000 £1,350,000 11/03/2015 Status changed: from 'null' to 'Available' 15/12/2014 Price changed: £1,650,000 Price changed: Offers in Region of £1,650,000 27/11/2014 Price changed: Offers in Region of £1,650,000 17/06/2014 Initial entry found. There you go, you are now £300K better off. Quote Link to comment Share on other sites More sharing options...
Venger Posted June 7, 2015 Share Posted June 7, 2015 Just like this one, pulled from the market, the other side of Hill Hook. http://www.housepricecrash.co.uk/forum/index.php?/topic/179560-recently-reduced/ Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted June 7, 2015 Author Share Posted June 7, 2015 Count; they're probably waiting for the market to recover in that area. Last sold for £1,160,500 in 2004 http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=45347372&sale=8511641&country=england Problem with these listings, where there are some hints of weakness, is they're far removed from my price range... I don't even want a rambling large house. They'll be waiting a long time now. That London mega bubble trickle down has surely come and gone. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.