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TheCountOfNowhere

The one that got away...

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I'm seeing no end of sales falling through now, followed by a price drop....they had a buyer and they let them get away...

 

http://www.rightmove.co.uk/property-for-sale/property-64837541.html

 

12/07/2017,
  • Price changed: from '£335,000' to '£325,000
22/06/2017,
  • Brief Description changed: A delightful second floor apartment in Central Balham and Balham, just moments from the station. This light and airy period conversion flat is offered to the market in good condition and with no onward chain. The accommodation comprises; a bright open-plan kitchen/reception room to the front, wi... with ...
  • Price changed: from '£350,000' to '£335,000'
  • Status changed: from 'Sold STC' to 'Available'
03/04/2017,
  • Status changed: from 'Available' to 'Sold STC
22/02/2017,
  • Initial entry found. 
Edited by TheCountOfNowhere

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http://www.rightmove.co.uk/property-for-sale/property-54712816.html

 

10/07/2017,
  • Price changed: from '£1,750,000' to '£1,690,000
05/05/2017,
  • Status changed: from 'Sold STC' to 'Available
03/04/2017,
  • Status changed: from 'Available' to 'Sold STC
10/10/2016,
  • Price changed: from '£1,900,000' to '£1,750,000
13/08/2016,
  • Title changed: Balham Park Road, London, Balham, SW12  
21/06/2016,
  • Initial entry found. 

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http://www.rightmove.co.uk/property-for-sale/property-67002938.html

 

07/07/2017,
  • Price changed: Offers in Excess of £385,000 £375,000  
  • Status changed: from 'Sold STC' to 'Available
03/07/2017,
  • Status changed: from 'Available' to 'Sold STC
12/06/2017,
  • Initial entry found.

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http://www.rightmove.co.uk/property-for-sale/property-64363544.html

 

13/07/2017,
  • Price changed: from '£339,995' to '£329,995'
19/05/2017,
  • Price changed: from '£350,000' to '£339,995
02/05/2017,
  • Status changed: from 'Sold STC' to 'Available
27/03/2017,
  • Status changed: from 'Available' to 'Sold STC

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http://www.rightmove.co.uk/property-for-sale/property-65373167.html

 

07/07/2017,
  • Price changed: from '£239,000' to '£229,995
22/06/2017,
  • Status changed: from 'Under offer' to 'Available
29/03/2017,
  • Status changed: from 'Available' to 'Under offer
22/03/2017,
  • Initial entry found. 

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http://www.rightmove.co.uk/property-for-sale/property-57707110.html

 

10/07/2017,
  • Brief Description changed: Offered to the market to cash only buyers with no upward chain is this larger than average three double bedroom Victorian terrace, that's situated within walking distance to Wellingborough Road and is within easy reach of Northampton town centre. The property is well suited to a buy-to-let inv... entrance hall gives access to all the ground floor accommodatio...  
  • Price changed: £230,000 Offers Over £225,000  
23/03/2017,
  • Status changed: from 'Available' to 'Sold STC
  • Brief Description changed: Offered to the market to cash only buyers with no upward chain is this larger than average three double bedroom Victorian terrace, that's situated within walking distance to Wellingborough Road and is within easy reach of Northampton town centre. The property is well suited to a buy-to-let investor as the propert... inv...  
  • Status changed: from 'Sold STC' to 'Available
15/02/2017,
  • Price changed: £230,000  
18/01/2017,
  • Initial entry found. 

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http://www.rightmove.co.uk/property-for-sale/property-58906867.html

 

06/07/2017,
  • Price changed: Offers in Region of £220,000 £200,000  
29/06/2017,
  • Price changed: Offers in Excess Region of £200,000 £220,000  
  • Status changed: from 'Sold STC' to 'Available
05/06/2017,
  • Price changed: Offers in Excess of £200,000  
23/05/2017,
  • Price changed: £200,000  
11/04/2017,
  • Initial entry found. 

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I could go on.

Odd behavior from people who'd just had a buyer and who know their product was sell-able at that price....unless...

I only saw 1 fallen through sale that didnt drop their price.

18 months ago when a sale fell through they all raise their prices.

The market is clearly falling.

How far and how fast is open to conjecture.

 

200K for a 70K how in far cotton though says to me...its going down a long way.

 

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Could be the SSTC was at the lower price so when the original [NOT-A-] "buyer" bails they put it back to available without changing price first to see if someone will bite and drop later.

Otherwise maybe sellers understand that a SSTC that doesn't go to exchange DOES NOT MEAN that it's either sellable or worth that price.

Almost makes you wonder if a bunch of VIs would see an advantage in putting offers in for everything at -10% and doing nothing but letting it fall through after a month. Lets call it lubricating market falls.

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Promising, although all those price drops are pretty limp if they're really trying to get the stuff shifted.. hopefully though it'll just mean rising inventory and massive cuts further down the line as the market continues to tank!

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1 hour ago, TheCountOfNowhere said:

http://www.rightmove.co.uk/property-for-sale/property-54712816.html

 

10/07/2017,
  • Price changed: from '£1,750,000' to '£1,690,000
05/05/2017,
  • Status changed: from 'Sold STC' to 'Available
03/04/2017,
  • Status changed: from 'Available' to 'Sold STC
10/10/2016,
  • Price changed: from '£1,900,000' to '£1,750,000
13/08/2016,
  • Title changed: Balham Park Road, London, Balham, SW12  
21/06/2016,
  • Initial entry found. 

HILARIOUS , come on seller you could at least tidy the place up if you expecting some utter fool to pay 1.7 mil for a terrace FFS

Thanks for posting, Cheered me up no end seeing that shite

Edited by GreenDevil

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1 hour ago, GreenDevil said:

HILARIOUS , come on seller you could at least tidy the place up if you expecting some utter fool to pay 1.7 mil for a terrace FFS

Thanks for posting, Cheered me up no end seeing that shite

Love the potted family history of the property.

You would think they were selling some aristocratic pile like Chatsworth House not some poxy Victorian terrace in Balham.

Clearly no one there knows how to use a lawnmower. Makes my garden look like it was designed by Capability Brown.

Absolutely barking.

Edited by stormymonday_2011

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58 minutes ago, GreenDevil said:

HILARIOUS , come on seller you could at least tidy the place up if you expecting some utter fool to pay 1.7 mil for a terrace FFS

Thanks for posting, Cheered me up no end seeing that shite

Quite agree , absolutely no effort from the vendor or EA at all. No one willing to put  a shift in these days . I sound like my Dad but only half the things he said were rubbish . For the rubbish pile Paul Weller can't sing and David Beckham will never make it as a footballer !

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57 minutes ago, stormymonday_2011 said:

Love the potted family history of the property.

You would think they were selling some aristocratic pile like Chatsworth House not some poxy Victorian terrace in Balham.

Clearly no one there knows how to use a lawnmower. Makes my garden look like it was designed by Capability Brown.

Absolutely barking.

Don't know about anyone else, but regardless of price I wouldn't call a 253 sq m house 'poxy'.  

 

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13 minutes ago, Mrs Bear said:

Don't know about anyone else, but regardless of price I wouldn't call a 253 sq m house 'poxy'.  

 

..... backing onto a rail line ....

They have stolen 1/2 of next doors's garden though. Just renters next door, don't need as much?

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1 hour ago, Mrs Bear said:

Don't know about anyone else, but regardless of price I wouldn't call a 253 sq m house 'poxy'.  

 

When all is said and done it is just the sort of terraced house that the Pooters of this world lived in over a century ago not the residence of the bloody Duchess of Devonshire. Indeed, the main character of the Diary of A Nobody actually lived in a 6 bedroom house in Holloway on a clerk's wages. Much of the space in these properties is made up of ex servants quarters and basement sculleries

https://www.spectator.co.uk/2008/10/finding-pooters-house/

The fact you think it is so big just shows you how indoctrinated people in the UK have become to tiny houses in recent decades. In reality it is not much bigger than the average American home

The price expectations here are well within the realms of Mr Pooters own delusions of grandeur.

Anyway both the house and the garden are clearly far too much for the sellers otherwise they might have tidied them up a bit

Edited by stormymonday_2011

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15 hours ago, stormymonday_2011 said:

When all is said and done it is just the sort of terraced house that the Pooters of this world lived in over a century ago not the residence of the bloody Duchess of Devonshire. Indeed, the main character of the Diary of A Nobody actually lived in a 6 bedroom house in Holloway on a clerk's wages. Much of the space in these properties is made up of ex servants quarters and basement sculleries

https://www.spectator.co.uk/2008/10/finding-pooters-house/

The fact you think it is so big just shows you how indoctrinated people in the UK have become to tiny houses in recent decades. In reality it is not much bigger than the average American home

The price expectations here are well within the realms of Mr Pooters own delusions of grandeur.

Anyway both the house and the garden are clearly far too much for the sellers otherwise they might have tidied them up a bit

No need for a rant - I'm well aware of UK house sizes.  What I meant was that it's not 'poxy' by general suburban-London terrace standards. There are masses that are a lot smaller. 

And yes, I do know that American houses are generally bigger than ours,  thank you. But we were not talking about America. 

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19 hours ago, stormymonday_2011 said:

When all is said and done it is just the sort of terraced house that the Pooters of this world lived in over a century ago not the residence of the bloody Duchess of Devonshire. Indeed, the main character of the Diary of A Nobody actually lived in a 6 bedroom house in Holloway on a clerk's wages. Much of the space in these properties is made up of ex servants quarters and basement sculleries

https://www.spectator.co.uk/2008/10/finding-pooters-house/

The fact you think it is so big just shows you how indoctrinated people in the UK have become to tiny houses in recent decades. In reality it is not much bigger than the average American home

The price expectations here are well within the realms of Mr Pooters own delusions of grandeur.

Anyway both the house and the garden are clearly far too much for the sellers otherwise they might have tidied them up a bit

https://www.google.co.uk/maps/@51.5622038,-0.1355533,3a,36.5y,50.14h,92.5t/data=!3m6!1e1!3m4!1sVVkNm_sWEXKD8g2Rs-gokg!2e0!7i13312!8i6656

You sparked my interest so l looked up the house on street view and downloaded the book from Gutenberg.

Thanks.

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