Jump to content
House Price Crash Forum

Examples of big & multiple drops


Sausage
 Share

Recommended Posts

  • Replies 2.9k
  • Created
  • Last Reply

Top Posters In This Topic

44% off of a serviced apartment in Nottingham

https://www.rightmove.co.uk/properties/62026524#/

image.png.7732aad4cfc711f9547a926b3504e7cb.png

Price Change History
14/05/2020 Price changed from £60,000 to £50,000
03/01/2020 Price changed from £70,000 to £60,000
19/09/2019 Price changed from £80,000 to £70,000
26/06/2019 Price changed from £90,000 to £80,000
03/05/2019 Initial entry found: £90,000
Link to comment
Share on other sites

27% off of a park home in Newark Notts

https://www.rightmove.co.uk/properties/69518869#/

image.png.ff7014865a040665b9ed44d8ff8e8922.png

Price Change History
12/05/2021 Price changed from £60,000 to £55,000
03/07/2020 Price changed from £65,000 to £60,000
05/06/2019 Price changed from £70,000 to £65,000
28/02/2019 Price changed from £80,000 to £70,000
19/01/2019 Price changed from £75,000 to £80,000
17/01/2019 Initial entry found: £75,000
Link to comment
Share on other sites

20% off of a park home in Skegness

https://www.rightmove.co.uk/properties/53986756#/

image.png.9ba1cca086a23c7f101c05bb6154ad6c.png

Price Change History
26/12/2019 Price changed from £62,500 to £60,000
28/12/2018 Price changed from £65,000 to £62,500
12/06/2018 Price changed from £70,000 to £65,000
15/05/2018 Price changed from £75,000 to £70,000
04/04/2018 Initial entry found: £75,000

 

Link to comment
Share on other sites

20% off a 2 bed semi in Lincolnshire

https://www.rightmove.co.uk/properties/91136524#/

image.png.218a9f62166368b6be4e1edc318002e4.png

Price Change History
18/05/2021 Price changed from £85,000 to £80,000
13/05/2021 Price changed from £90,000 to £85,000
06/05/2021 Price changed from £95,000 to £90,000
30/04/2021 Price changed from £100,000 to £95,000
28/04/2021 Initial entry found: £100,000
Link to comment
Share on other sites

On 28/05/2021 at 08:56, Roman Roady said:

25% off of a block of 3 apartments (chapel conversion) in Llanelli South Wales.

https://www.rightmove.co.uk/properties/75334641#/

Price Change History
24/05/2021 Price changed from £485,000 to £475,000
26/04/2021 Price changed from £499,000 to £485,000
17/04/2021 Price changed from £500,000 to £499,000
13/04/2021 Price changed from POA to £500,000
29/11/2020 Price changed from £635,000 to POA
17/11/2020 Initial entry found: £635,000

 

From page 93...Now 29% off!

image.png.51318de77f4b5ec8c25f1252279e964c.png

Price Change History
18/06/2021 Price changed from £475,000 to £450,000
24/05/2021 Price changed from £485,000 to £475,000
26/04/2021 Price changed from £499,000 to £485,000
17/04/2021 Price changed from £500,000 to £499,000
13/04/2021 Price changed from POA to £500,000
29/11/2020 Price changed from £635,000 to POA
17/11/2020 Initial entry found: £635,000
Link to comment
Share on other sites

On 12/05/2021 at 09:07, Roman Roady said:

45% off of a 2 bed flat in Newcastle upon Tyne

https://www.rightmove.co.uk/properties/98513615#/

 

Price Change History
11/03/2021 Price changed from £35,000 to £30,000
04/02/2021 Price changed from £39,950 to £35,000
01/12/2020 Price changed from £55,000 to £39,950
16/10/2020 Initial entry found: £55,000

 

   
   
   
   
   

 

 

From page 86...now 50% off. Obviously the auction didnt work out well...next one is in 8 days.

Price Change History
14/06/2021 Price changed from £30,000 to £27,500
11/03/2021 Price changed from £35,000 to £30,000
04/02/2021 Price changed from £39,950 to £35,000
01/12/2020 Price changed from £55,000 to £39,950
16/10/2020 Initial entry found: £55,000
Link to comment
Share on other sites

On 12/05/2021 at 15:50, Roman Roady said:

27% off of a 1 bed flat in South Shields

https://www.rightmove.co.uk/properties/90388112#/

 

Price Change History
01/03/2021 Price changed from £50,000 to £47,500
07/09/2020 Price changed from £54,000 to £50,000
19/08/2020 Price changed from £57,000 to £54,000
27/07/2020 Price changed from £60,000 to £57,000
30/06/2020 Price changed from £65,000 to £60,000
12/03/2020 Initial entry found: £65,000

 

23% off of a 2 bed terraced house in Tyne and Wear

https://www.rightmove.co.uk/properties/74691267#/

 

Price Change History
11/02/2021 Price changed from £54,950 to £49,950
22/12/2020 Price changed from £59,950 to £54,950
09/12/2020 Price changed from £64,950 to £59,950
28/10/2020 Initial entry found: £64,950
   
   
   
   

 

from Page 86...

Now 31% off of the1 bed flat in South Shields

https://www.rightmove.co.uk/properties/90388112#/

Price Change History
10/06/2021 Price changed from £47,500 to £45,000
01/03/2021 Price changed from £50,000 to £47,500
07/09/2020 Price changed from £54,000 to £50,000
19/08/2020 Price changed from £57,000 to £54,000
27/07/2020 Price changed from £60,000 to £57,000
30/06/2020 Price changed from £65,000 to £60,000
12/03/2020 Initial entry found: £65,000

Now 46% off of the 2 bed terraced house in Tyne and Wear

https://www.rightmove.co.uk/properties/74691267#/

Price Change History
14/06/2021 Price changed from £49,950 to £35,000
11/02/2021 Price changed from £54,950 to £49,950
22/12/2020 Price changed from £59,950 to £54,950
09/12/2020 Price changed from £64,950 to £59,950
28/10/2020 Initial entry found: £64,950
Link to comment
Share on other sites

On 13/05/2021 at 18:10, Roman Roady said:

20% off of a 2 bed flat on the outskirts of Canary Wharf

image.thumb.png.a0a50b10a7b571d7101cf49f3d0f71a4.png

https://www.rightmove.co.uk/properties/68180857#/

Price Change History
13/05/2021 Price changed from £390,000 to £380,000
08/04/2021 Price changed from £400,000 to £390,000
26/02/2021 Price changed from £405,000 to £400,000
10/11/2020 Price changed from £410,000 to £405,000
24/10/2020 Price changed from £410,000 to £410,000
24/10/2020 Price changed from £415,000 to £410,000
26/06/2020 Price changed from £425,000 to £415,000
12/09/2019 Price changed from £430,000 to £425,000
10/07/2019 Price changed from £450,000 to £430,000
10/05/2019 Price changed from £475,000 to £450,000
26/10/2018 Initial entry found: £475,000

From page 86...now 22% off.

Price Change History
09/06/2021 Price changed from £380,000 to £370,000
13/05/2021 Price changed from £390,000 to £380,000
08/04/2021 Price changed from £400,000 to £390,000
26/02/2021 Price changed from £405,000 to £400,000
10/11/2020 Price changed from £410,000 to £405,000
24/10/2020 Price changed from £410,000 to £410,000
24/10/2020 Price changed from £415,000 to £410,000
26/06/2020 Price changed from £425,000 to £415,000
12/09/2019 Price changed from £430,000 to £425,000
10/07/2019 Price changed from £450,000 to £430,000
10/05/2019 Price changed from £475,000 to £450,000
26/10/2018 Initial entry found: £475,000
Link to comment
Share on other sites

I do enjoy this thread - albeit it seems to be a mixture of leafy detacheds I could never afford or absolute dives in red wall areas plus that top floor flat in Canary Wharf1

I expect the properties people can afford in reasonable areas must be holding up in value!

Link to comment
Share on other sites

3 minutes ago, MARTINX9 said:

I do enjoy this thread - albeit it seems to be a mixture of leafy detacheds I could never afford or absolute dives in red wall areas plus that top floor flat in Canary Wharf1

I expect the properties people can afford in reasonable areas must be holding up in value!

in that respect there are some falls, just not 20%! (and also some bidding wars)

Link to comment
Share on other sites

On 20/06/2021 at 17:53, Roman Roady said:

From page 86...now 22% off.

Price Change History
09/06/2021 Price changed from £380,000 to £370,000
13/05/2021 Price changed from £390,000 to £380,000
08/04/2021 Price changed from £400,000 to £390,000
26/02/2021 Price changed from £405,000 to £400,000
10/11/2020 Price changed from £410,000 to £405,000
24/10/2020 Price changed from £410,000 to £410,000
24/10/2020 Price changed from £415,000 to £410,000
26/06/2020 Price changed from £425,000 to £415,000
12/09/2019 Price changed from £430,000 to £425,000
10/07/2019 Price changed from £450,000 to £430,000
10/05/2019 Price changed from £475,000 to £450,000
26/10/2018 Initial entry found: £475,000

Two years seems a very long time to be on the market.

Link to comment
Share on other sites

12 hours ago, MARTINX9 said:

I do enjoy this thread - albeit it seems to be a mixture of leafy detacheds I could never afford or absolute dives in red wall areas plus that top floor flat in Canary Wharf1

I expect the properties people can afford in reasonable areas must be holding up in value!

Good I am glad to be of service.

12 hours ago, Si1 said:

in that respect there are some falls, just not 20%! (and also some bidding wars)

Yes this is correct...lots and lots of lovely falls but most under 20% which is my self imposed limit...theres nothing to stop other posters posting the lesser falls.

This 20% limit can be frustrating because I am seeing more falls in the 10- 20% range during my searches.

Although there are still price hikes, these are outnumbered by approx 10:1 by the falls IMPO.

Link to comment
Share on other sites

10 minutes ago, Roman Roady said:

.

Although there are still price hikes, these are outnumbered by approx 10:1 by the falls IMPO.

I would think a lot of price hikes currently would come about from bidding wars and not be reflected in the asking price. Possibly.

Link to comment
Share on other sites

12 minutes ago, Si1 said:

I would think a lot of price hikes currently would come about from bidding wars and not be reflected in the asking price. Possibly.

If that is the case it will be in response to failed:- bids, "under offers" and SSTC's? I am seeing lots of properties either being taken off of the market or staying for ages with a SSTC notation, only to re-appear.

IMPO the price rises are from those who are just late to the party...probably been reading the Daily Wail or such like. They come back down in a month or so.

Link to comment
Share on other sites

More Land in Scotland...52% off although when I read the details I am not sure what is reduced. Since this reduction was in March I would expect another soon.

https://www.rightmove.co.uk/commercial-property-for-sale/property-74066197.html

image.png.bf423ad010c7325da1a0ab76f1060b0d.png

Price Change History
04/03/2021 Price changed from £65,000 to £60,000
01/03/2021 Price changed from £125,000 to £65,000
10/09/2019 Initial entry found: £125,000
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share





×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.