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TheCountOfNowhere

The price per square foot thread....

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I used to say I'd buy a home if I could find one for around £175 per square foot.

That would have taken me, at the time, back to the 2004 prices I'd seen round Northants.

From 2009 onward, finding anything decent at that level just wasn't happening, everyone was holding out for 2007 prices ( and now get 2007+30%).

However, in the last few weeks, esp at the top end of the market i've seen a couple of places around that mark again.

And today found this ( very ugly ) house in Oxfordshire.

 

http://www.rightmove.co.uk/property-for-sale/property-65944592.html

 

Price per sq foot: £154.

 

A veritable bargain...if you have £800K to spank on such a god awful place.  Also, it's got a converted loft which is taking the p**s quite frankly.

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34 minutes ago, GrizzlyDave said:

Price per sq foot seems to be non linear to me...

In a sane world the PPSF would drop as the property since increases.

Up until a couple of months ago it was insane across the board.

Lower end prices round me now approx £300-£400 PSF, nothing selling tho.  In 2007 it was 200 to 250, and well all know what happened then

 

Give the above pwopatees location I'd say £150 per sq foot seems like a bargain.  What's the catch ?

Edited by TheCountOfNowhere

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18 minutes ago, TheCountOfNowhere said:

In a sane world the PPSF would drop as the property since increases.

Well this is totally the case. 1 bed flats are stupidly expensive, and that's why you've seen so many houses being split.

It really feels like being gutted when you look at the PSF on 1 beds. No shame at all in those insane asking prices.

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  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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