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Examples of big & multiple drops


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0
HOLA441
4 minutes ago, Roman Roady said:

2b terraced

https://www.rightmove.co.uk/properties/134117747#/?channel=RES_BUY

image.png.67b82efacc73677072775fef0bc12c09.png

Beech Rise, Bury St. Edmunds

 

Price Change History
06/09/2023 Price changed from £180,000 to £150,000
28/06/2023 Price changed from £200,000 to £180,000
26/04/2023 Initial entry found: £200,000
Overall change: -25% (-£50,000)

 

Oft, that looks painful. 
 

Listed wrong in the first place or seeing house prices crash before our eyes….🤷‍♂️

I mean who on the whole do you think is ‘worse’ deluded owners instructing agents or agents having to quote high to win the business. 
 

Yeah bit of both for sure, but speaking lately to some people I’m leaning towards homeowners…?

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1
HOLA442

3b semi

https://www.rightmove.co.uk/properties/132057683#/?channel=RES_BUY

image.png.f0652a76604627f00d952b3621b2162d.png

Lytham Road, Freckleton, PR4 1AB

image.png.8bf74eb69783eae409d157bb8a4202dd.png

 

Price Change History
09/10/2023 Price changed from £164,950 to £159,950
08/09/2023 Price changed from £169,950 to £164,950
31/07/2023 Price changed from £174,950 to £169,950
26/06/2023 Price changed from £179,950 to £174,950
17/05/2023 Price changed from £189,950 to £179,950
17/04/2023 Price changed from £199,950 to £189,950
13/03/2023 Price changed from £219,950 to £199,950
27/02/2023 Initial entry found: £219,950
Overall change: -27.3% (-£60,000)

 

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2
HOLA443

3b detached

https://www.rightmove.co.uk/properties/139295744#/?channel=RES_BUY

image.png.48a702ac24b2a325ff2ea25a6a109e6b.png

Stonehurst Road, Leicester

 

Price Change History
11/09/2023 Price changed from £260,000 to £190,000
11/09/2023 Price changed from £190,000 to £260,000
11/09/2023 Price changed from £260,000 to £190,000
07/09/2023 Initial entry found: £260,000
Overall change: -26.9% (-£70,000)
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3
HOLA444

3b semi...a dooer upper but a nice looking area. The house is either ex council or ex forces and probably built way back when we knew how to build.

https://www.rightmove.co.uk/properties/138069965#/?channel=RES_BUY

image.png.a59c2b15f4be36264a43e9411c33f8a4.png

Elm Place, Gooderstone, King's Lynn

 

Price Change History
31/08/2023 Price changed from £220,000 to £160,000
31/07/2023 Initial entry found: £220,000
Overall change: -27.3% (-£60,000)

 

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4
HOLA445
5
HOLA446
4 hours ago, 70PC said:

This one is new build. Still looks optimistic for a semi in the provinces.

https://www.rightmove.co.uk/properties/138497402#/?channel=RES_NEW

image.thumb.png.039b27d984bda748551afddeaf5b64ae.png

So 4 bedrooms according to the RM headers:

 

3 double bedrooms according to the write-up

image.png.e38cd533f3a1a378ac32432f64ed6dd5.png

But actually only two proper bedrooms plus a small office according to floorplan. image.png.62fd37e54d664efe5ee5f09b262f625c.png

Can't imagine why anyone would think Bellway was even halfway competent at building houses when they are clearly incompetent at marketing them.

image.png

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6
HOLA447

6b det

https://www.rightmove.co.uk/properties/132728417#/?channel=RES_BUY

image.png.3fe52bd66945d220fcc6ed133f64e0e1.png

Soulbury, Soulbury, Buckinghamshire, LU7

 

Price Change History
15/09/2023 Price changed from £1,250,000 to £1,000,000
18/05/2023 Price changed from £1,495,000 to £1,250,000
20/03/2023 Initial entry found: £1,495,000
Overall change: -33.1% (-£495,000)

 

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7
HOLA448

Chapel conversion project...look what happens to the price in less than a year without easily borrow money!

https://www.rightmove.co.uk/properties/129806465#/?channel=RES_BUY

image.png.664e56c11ab160c98a27d201788c7cf5.png

Meidrim, SA33

image.png.4315de7e3e4d96a56317ada7096f4860.png

 

Price Change History
05/10/2023 Price changed from £85,000 to £70,000
15/09/2023 Price changed from £100,000 to £85,000
14/06/2023 Price changed from £130,000 to £100,000
07/12/2022 Initial entry found: £130,000
Overall change: -46.2% (-£60,000)
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HOLA449
1 hour ago, Roman Roady said:

Chapel conversion project...look what happens to the price in less than a year without easily borrow money!

https://www.rightmove.co.uk/properties/129806465#/?channel=RES_BUY

image.png.664e56c11ab160c98a27d201788c7cf5.png

Meidrim, SA33

image.png.4315de7e3e4d96a56317ada7096f4860.png

 

Price Change History
05/10/2023 Price changed from £85,000 to £70,000
15/09/2023 Price changed from £100,000 to £85,000
14/06/2023 Price changed from £130,000 to £100,000
07/12/2022 Initial entry found: £130,000
Overall change: -46.2% (-£60,000)

Ooh - I'd pay the 70k just to be able to stand in the pulpit and pretend to be Richard Burton.

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HOLA4410
1 hour ago, Roman Roady said:

Chapel conversion project...look what happens to the price in less than a year without easily borrow money!

https://www.rightmove.co.uk/properties/129806465#/?channel=RES_BUY

image.png.664e56c11ab160c98a27d201788c7cf5.png

Meidrim, SA33

image.png.4315de7e3e4d96a56317ada7096f4860.png

 

Price Change History
05/10/2023 Price changed from £85,000 to £70,000
15/09/2023 Price changed from £100,000 to £85,000
14/06/2023 Price changed from £130,000 to £100,000
07/12/2022 Initial entry found: £130,000
Overall change: -46.2% (-£60,000)

That's  going to be a humongous moneypit

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HOLA4411
11
HOLA4412
3 hours ago, Roman Roady said:

Chapel conversion project...look what happens to the price in less than a year without easily borrow money!

https://www.rightmove.co.uk/properties/129806465#/?channel=RES_BUY

image.png.664e56c11ab160c98a27d201788c7cf5.png

Meidrim, SA33

image.png.4315de7e3e4d96a56317ada7096f4860.png

 

Price Change History
05/10/2023 Price changed from £85,000 to £70,000
15/09/2023 Price changed from £100,000 to £85,000
14/06/2023 Price changed from £130,000 to £100,000
07/12/2022 Initial entry found: £130,000
Overall change: -46.2% (-£60,000)

airbnb?. sleeps 40.

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12
HOLA4413

3b flat...heres one for all you bots!

https://www.rightmove.co.uk/properties/118289078#/?channel=RES_BUY

image.png.e587a7d8b3d62291aeac7aee556ab0da.png

Upper Maze Hill, St. Leonards-On-Sea

 

Price Change History
25/10/2023 Price changed from £330,000 to £315,000
18/09/2023 Price changed from £340,000 to £330,000
10/07/2023 Price changed from £350,000 to £340,000
29/04/2023 Price changed from £375,000 to £350,000
03/01/2023 Price changed from £385,000 to £375,000
02/11/2022 Price changed from £400,000 to £385,000
12/08/2022 Price changed from £450,000 to £400,000
26/02/2022 Price changed from £485,000 to £450,000
04/01/2022 Initial entry found: £485,000
Overall change: -35.1% (-£170,000)

 

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13
HOLA4414

6b det

https://www.rightmove.co.uk/properties/134877515#/?channel=RES_BUY

image.png.43858b3292bde7b931c9e99d489f2901.png

Chapel Lane, Beeston

image.png.d371daac13db79a13b2f14bfd9c9836d.png

Price Change History
08/09/2023 Price changed from £365,000 to £350,000
27/07/2023 Price changed from £400,000 to £365,000
14/06/2023 Price changed from £450,000 to £400,000
05/06/2023 Price changed from £475,000 to £450,000
30/05/2023 Price changed from £500,000 to £475,000
16/05/2023 Initial entry found: £500,000
Overall change: -30% (-£150,000)

 

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HOLA4415
22 hours ago, Roman Roady said:

Chapel conversion project...look what happens to the price in less than a year without easily borrow money!

https://www.rightmove.co.uk/properties/129806465#/?channel=RES_BUY

image.png.664e56c11ab160c98a27d201788c7cf5.png

Meidrim, SA33

image.png.4315de7e3e4d96a56317ada7096f4860.png

 

Price Change History
05/10/2023 Price changed from £85,000 to £70,000
15/09/2023 Price changed from £100,000 to £85,000
14/06/2023 Price changed from £130,000 to £100,000
07/12/2022 Initial entry found: £130,000
Overall change: -46.2% (-£60,000)

It all goes to prove the saying "location, location, location"

Having driven past recently I was curious about this

https://sibbettgregory.com/property-search/properties/154933-new-life-church-34-gore-road-new-milton

Wondering why they are selling, their website says they have outgrown it and are looking for something bigger.
A similar Evangelical church closer to here spent about £1 million on what was an office building.

Speaking of money pits how about this for a potential money pit on 'Wrongmove ?"

https://www.rightmove.co.uk/properties/124554134#/?channel=COM_BUY

It is only about fifteen miles from the Evangelicals looking for larger premises. There is probably more demand for Mosques or Temples in Southampton though.

 

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HOLA4416
22 hours ago, Roman Roady said:

3b flat...heres one for all you bots!

https://www.rightmove.co.uk/properties/118289078#/?channel=RES_BUY

image.png.e587a7d8b3d62291aeac7aee556ab0da.png

Upper Maze Hill, St. Leonards-On-Sea

 

Price Change History
25/10/2023 Price changed from £330,000 to £315,000
18/09/2023 Price changed from £340,000 to £330,000
10/07/2023 Price changed from £350,000 to £340,000
29/04/2023 Price changed from £375,000 to £350,000
03/01/2023 Price changed from £385,000 to £375,000
02/11/2022 Price changed from £400,000 to £385,000
12/08/2022 Price changed from £450,000 to £400,000
26/02/2022 Price changed from £485,000 to £450,000
04/01/2022 Initial entry found: £485,000
Overall change: -35.1% (-£170,000)

 

I'm getting the distinct impression "that price is becoming an issue" meets "I'm doing you a favour for selling at any price" mentality prevalent in the UK....the chancers out there put little actually no thought into how a buyer raises finance...guess they are all hoping for a loaded downsizing boomer who's already made their loot and JUST PAYS....That's not most buyers....

My mate got lucky and had that with a down sizing old biddy just paid 460k for a not great 3 bed semi.....with no garage and not great garden...

What times are these when single old biddies downsize to 3 bed family homes!

 

Edited by staintunerider
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HOLA4417

4b Detached in Ivybridge, Devon.

https://www.rightmove.co.uk/properties/140007269#/?channel=RES_BUY

Price Change History
07/11/2023 Price changed from £300,000 to £275,000
15/09/2023 Initial entry found: £300,000
Additional Price Change History
1). Previously listed (view here) with the following price changes:
15/09/2023 - Price changed from £350,000 to £300,000
11/07/2023 - Initial entry found: £350,000
2). Previously listed (view here) with the following price changes:
07/07/2023 - Price changed from £375,000 to £350,000
27/05/2023 - Price changed from £400,000 to £375,000
21/03/2023 - Price changed from £425,000 to £400,000
06/03/2023 - Initial entry found: £425,000

Overall change: -35.3% (-£150,000)

 

Year sold Sold price  
2006
£220,000
+120%
1999
£100,000
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17
HOLA4418

3b terraced

https://www.rightmove.co.uk/properties/137360069#/?channel=RES_BUY

image.png.bb08ae87a1654865482ac422d5f8148f.png

Windermere Avenue, Huncoat, Accrington, BB5

 

Price Change History
20/09/2023 Price changed from £70,000 to £65,000
02/09/2023 Price changed from £75,000 to £70,000
17/08/2023 Price changed from £85,000 to £75,000
28/07/2023 Price changed from £90,000 to £85,000
21/07/2023 Price changed from £95,000 to £90,000
14/07/2023 Initial entry found: £95,000
Overall change: -31.6% (-£30,000)

 

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18
HOLA4419
19
HOLA4420

3b det

https://www.rightmove.co.uk/properties/120528929#/?channel=RES_BUY

image.png.1dfecabbb95c0b4e30db8c0d173b4071.png

 

West Cross Lane, West Cross, Swansea SA3 5LS

Price Change History
16/10/2023 Price changed from £265,000 to £230,000
21/09/2023 Price changed from £300,000 to £265,000
15/09/2023 Price changed from £325,000 to £300,000
05/10/2022 Price changed from £350,000 to £325,000
29/08/2022 Price changed from £375,000 to £350,000
31/03/2022 Price changed from £400,000 to £375,000
01/03/2022 Initial entry found: £400,000
Overall change: -42.5% (-£170,000)

 

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HOLA4421
21
HOLA4422

3b semi

https://www.rightmove.co.uk/properties/130126178#/?channel=RES_BUY

image.png.b2c07b5d7bc455a9ccbd4611f054a5e8.png

Savory Road, Wisbech

 

Price Change History
30/10/2023 Price changed from £120,000 to £110,000
27/09/2023 Price changed from £125,000 to £120,000
06/09/2023 Price changed from £140,000 to £125,000
09/05/2023 Price changed from £150,000 to £140,000
12/04/2023 Price changed from £160,000 to £150,000
09/02/2023 Price changed from £170,000 to £160,000
20/12/2022 Initial entry found: £170,000
Overall change: -35.3% (-£60,000)

 

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22
HOLA4423

4b det

https://www.rightmove.co.uk/properties/134577128#/?channel=RES_BUY

image.png.f1e8174597ad91d482c7b44bac0f2c1b.png

Old Marston, Oxford, OX3

 

Price Change History
25/10/2023 Price changed from £600,000 to £525,000
06/09/2023 Price changed from £650,000 to £600,000
08/08/2023 Price changed from £700,000 to £650,000
26/06/2023 Price changed from £750,000 to £700,000
25/05/2023 Price changed from £800,000 to £750,000
09/05/2023 Initial entry found: £800,000
Overall change: -34.4% (-£275,000)

 

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23
HOLA4424

3b det

https://www.rightmove.co.uk/properties/130726409#/?channel=RES_BUY

image.png.ebadf5fa3470511eaa9c577d67ba5169.png

St Andrews Close, Caister-on-Sea

 

Price Change History
08/09/2023 Price changed from £270,000 to £250,000
26/08/2023 Price changed from £280,000 to £270,000
27/07/2023 Price changed from £290,000 to £280,000
13/06/2023 Price changed from £300,000 to £290,000
20/03/2023 Price changed from £315,000 to £300,000
22/02/2023 Price changed from £325,000 to £315,000
07/02/2023 Price changed from £345,000 to £325,000
14/01/2023 Initial entry found: £345,000
Overall change: -27.5% (-£95,000)

 

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24
HOLA4425
On 11/10/2023 at 1:53 PM, Roman Roady said:

4b det

https://www.rightmove.co.uk/properties/134577128#/?channel=RES_BUY

image.png.f1e8174597ad91d482c7b44bac0f2c1b.png

Old Marston, Oxford, OX3

 

Price Change History
25/10/2023 Price changed from £600,000 to £525,000
06/09/2023 Price changed from £650,000 to £600,000
08/08/2023 Price changed from £700,000 to £650,000
26/06/2023 Price changed from £750,000 to £700,000
25/05/2023 Price changed from £800,000 to £750,000
09/05/2023 Initial entry found: £800,000
Overall change: -34.4% (-£275,000)

image.png.31731e344909993fadb947fd0d05d193.png

Landlord exiting the market.  But trying to sell with tenants in situ and not finding any buyers.  

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