TheCountOfNowhere Posted January 19, 2017 Report Share Posted January 19, 2017 (edited) I always remmeber someone sayimg...you always post drops of crixa 20% on top end places.... Not today, sir. http://www.rightmove.co.uk/property-for-sale/property-40008096.html 18/01/2017, Price changed: Offers in Excess of £85,000 £80,000 01/11/2016, Status changed: from 'Premium Listing' to 'Available' 25/04/2016, Price changed: £92,000 Offers in Excess of £85,000 23/03/2016, Price changed: from '£97,500' to '£92,000' 04/03/2016, Initial entry found. Now only £60K over priced. price drops and sales falling through are very noticeable again, as per pre-christmas. Edited January 19, 2017 by TheCountOfNowhere Quote Link to post Share on other sites
Wolfie84 Posted January 19, 2017 Report Share Posted January 19, 2017 Premium Listing Quote Link to post Share on other sites
TheCountOfNowhere Posted January 19, 2017 Author Report Share Posted January 19, 2017 Just now, Wolfie84 said: Premium Listing The price is certainly at a premium. However, this is heading back to 2007 madness prices...another 2 months and we might see sub-2007 levels again. Take away support from the bottom of the pyramid and guess what happens... Quote Link to post Share on other sites
Drummer Posted January 19, 2017 Report Share Posted January 19, 2017 1 hour ago, TheCountOfNowhere said: http://www.rightmove.co.uk/property-for-sale/property-40008096.html 18/01/2017, Price changed: Offers in Excess of £85,000 £80,000 01/11/2016, Status changed: from 'Premium Listing' to 'Available' 25/04/2016, Price changed: £92,000 Offers in Excess of £85,000 23/03/2016, Price changed: from '£97,500' to '£92,000' 04/03/2016, Initial entry found. Where do you get this bit from? Rightmove? If so, which link is it under? Quote Link to post Share on other sites
TheCountOfNowhere Posted January 19, 2017 Author Report Share Posted January 19, 2017 48 minutes ago, Drummer said: Where do you get this bit from? Rightmove? If so, which link is it under? it's from property bee. http://www.property-bee.com/ It's a plug in for your browser that magically makes this info appear when you browse rightmove. Im amazed everyone in the country isnt using it Quote Link to post Share on other sites
Mapatasy Posted January 19, 2017 Report Share Posted January 19, 2017 3 hours ago, TheCountOfNowhere said: Take away support from the bottom of the pyramid and guess what happens... Just read that "British property website Rightmove suffered its worst day since the immediate aftermath of the Brexit vote after Citigroup issued a stark warning on the UK property sector". It is the “wrong time to be all in on UK property,” cautioned analyst Thomas Singlehurst... Something's happening! Quote Link to post Share on other sites
TheCountOfNowhere Posted January 19, 2017 Author Report Share Posted January 19, 2017 35 minutes ago, Mapatasy said: Just read that "British property website Rightmove suffered its worst day since the immediate aftermath of the Brexit vote after Citigroup issued a stark warning on the UK property sector". It is the “wrong time to be all in on UK property,” cautioned analyst Thomas Singlehurst... Something's happening! Its been happening for 9 years Quote Link to post Share on other sites
Lemming94 Posted January 20, 2017 Report Share Posted January 20, 2017 11 hours ago, TheCountOfNowhere said: Its been happening for 9 years Yeah in that 9 years paying a rent of let's say £300 per month on a property circa 100k that's £32,400 outlay. Now you can purchase it for a £7k saving! Sound economic sense. Quote Link to post Share on other sites
canbuywontbuy Posted January 20, 2017 Report Share Posted January 20, 2017 Very busy junction - I used to drive past their a lot. I wouldn't pay anything for that - way way too much traffic outside. No wonder nobody's buying at those prices. Quote Link to post Share on other sites
Sancho Panza Posted January 20, 2017 Report Share Posted January 20, 2017 5 hours ago, Lemming94 said: Yeah in that 9 years paying a rent of let's say £300 per month on a property circa 100k that's £32,400 outlay. Now you can purchase it for a £7k saving! Sound economic sense. Here we go............. Quote Link to post Share on other sites
Mr Banks Posted January 20, 2017 Report Share Posted January 20, 2017 17 hours ago, Mapatasy said: Just read that "British property website Rightmove suffered its worst day since the immediate aftermath of the Brexit vote after Citigroup issued a stark warning on the UK property sector". It is the “wrong time to be all in on UK property,” cautioned analyst Thomas Singlehurst... Something's happening! It's been the wrong time to be in the propety sector for 10 plus years only now the numbskulls are only just waking up to it. Unsustainable prices are unsustainable even if they do seem to rise a bit more in the short term. S24, basel III, political issues about high house prices I see this going only one way and when this goes the wrong way those leveraged to the balls wanting to get off will cause even further falls. Popcorn time! Quote Link to post Share on other sites
Agentimmo Posted January 20, 2017 Report Share Posted January 20, 2017 The Duke of Westminster sold large part of his property portfolio in London in mid 2014. It's not luck that his family have preserved their property wealth for c. 300 years. ? BTL Kings come and go...but old money never loses. (Unless there's a French style revolution like in 1789....) Quote Link to post Share on other sites
londislagerhound Posted January 20, 2017 Report Share Posted January 20, 2017 "The property comprises of in brief - open plan lounge and kitchen area, double bedroom and bathroom". "In brief" - Right, because there's so much more to say and space on web pages is always so limited. Quote Link to post Share on other sites
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