staintunerider Posted October 26, 2023 Share Posted October 26, 2023 1 hour ago, Roman Roady said: 4b det https://www.rightmove.co.uk/properties/137451338#/?channel=RES_BUY The Street, Newnham, Sittingbourne, Kent Price Change History 02/10/2023 Price changed from £450,000 to £430,000 11/09/2023 Price changed from £525,000 to £450,000 26/08/2023 Price changed from £600,000 to £525,000 18/07/2023 Initial entry found: £600,000 Overall change: -28.3% (-£170,000) I detect a distressed seller from the speed of the reductions and a chancer....how can you get the pricing so out of whack that it is reduced 30% in 4 months ? I smell an impending shift down in prices leading to the first stages of a correction.....these folk are struggling to find buyers to come to their lofty prices....credit contraction and raised credit costs are all beginning to bite! Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 26, 2023 Share Posted October 26, 2023 2b semi https://www.rightmove.co.uk/properties/132870416#/?channel=RES_BUY Culmere Road, Manchester, M22 Price Change History 11/09/2023 Price changed from £170,000 to £150,000 12/06/2023 Price changed from £200,000 to £170,000 23/03/2023 Initial entry found: £200,000 Overall change: -25% (-£50,000) Quote Link to comment Share on other sites More sharing options...
dpg50000 Posted October 27, 2023 Share Posted October 27, 2023 11 hours ago, Roman Roady said: 2b semi https://www.rightmove.co.uk/properties/132870416#/?channel=RES_BUY Culmere Road, Manchester, M22 Price Change History 11/09/2023 Price changed from £170,000 to £150,000 12/06/2023 Price changed from £200,000 to £170,000 23/03/2023 Initial entry found: £200,000 Overall change: -25% (-£50,000) Looks like another one that's run out of renovation money, judging by the numerous pictures of half-finished work. Quote Link to comment Share on other sites More sharing options...
17 Year Veteran Posted October 27, 2023 Share Posted October 27, 2023 23 hours ago, Frankie Teardrop said: Would be a nice house to gradually do up for a young couple. But in Newcastle that should be priced sub 100k so they can also have a life and afford to have kids. Long way to go yet. When 3 bed ex student hovels on Dilston Road have a 180k asking price, that one looks like a dream come true. https://www.rightmove.co.uk/properties/140213522#/?channel=RES_BUY Quote Link to comment Share on other sites More sharing options...
Englaender Posted October 27, 2023 Share Posted October 27, 2023 (edited) On 25/10/2023 at 16:46, staintunerider said: It's interesting cash buyers only, obviously because it's totally unmortgageable....goes to show the limitations around asking price when no lender will provide access to the credit tap...and most buyers need credit! 70% need credit, 30% don't apparently according to recent figures: https://www.bbc.co.uk/news/business-67214201 Just shows how much foreign money, COVID Liar Loans and downsizing cash-rich boomers are all keeping the market's head just above water. And if results from yesterday's Bond Wolfe auction are anything to go by, sentiment is still strong amongst those people. Edited October 27, 2023 by Englaender Swy-po: sisterly instead of accordingly Quote Link to comment Share on other sites More sharing options...
Frankie Teardrop Posted October 27, 2023 Share Posted October 27, 2023 4 hours ago, dpg50000 said: Looks like another one that's run out of renovation money, judging by the numerous pictures of half-finished work. Looks like a bit of a amateur diy bodge job too. Eg. missing dry verge caps on the porch and rear extension etc. I wouldnae trust that (completely out of place) juliet balcony has been done properly nor the velux window in the roof (missing tiles around it). Quote Link to comment Share on other sites More sharing options...
Frankie Teardrop Posted October 27, 2023 Share Posted October 27, 2023 2 hours ago, 17 Year Veteran said: When 3 bed ex student hovels on Dilston Road have a 180k asking price, that one looks like a dream come true. https://www.rightmove.co.uk/properties/140213522#/?channel=RES_BUY What a bargain (not!) Quote 5.87% YIELD !! SOLD WITH TENANT IN SITU !! £10,560 ANNUAL INCOME WITH POTENTIAL TO INCREASE !! **To be sold via online auction on Thursday 9th November at 1pm. The auction will run for 30 minutes. Register to bid today. ** Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 27, 2023 Share Posted October 27, 2023 3b EoT https://www.rightmove.co.uk/properties/128629781#/?channel=RES_BUY Station Road, Bagworth Price Change History 11/09/2023 Price changed from £140,000 to £135,000 08/08/2023 Price changed from £150,000 to £140,000 27/02/2023 Price changed from £155,000 to £150,000 02/02/2023 Price changed from £180,000 to £155,000 01/11/2022 Initial entry found: £180,000 Overall change: -25% (-£45,000) Quote Link to comment Share on other sites More sharing options...
17 Year Veteran Posted October 28, 2023 Share Posted October 28, 2023 15 hours ago, Frankie Teardrop said: What a bargain (not!) Dreadful yield saturated with risk. Look how much those places have increased in price. Its definitely a sub100k property which then puts it in the rough area of presenting a reasonable risk weighted yield. Then again, let's see what the market says. Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 28, 2023 Share Posted October 28, 2023 2b detached bungalow https://www.rightmove.co.uk/properties/129525587#/?channel=RES_BUY Lodge Close, Holt, NR25 Price Change History 07/08/2023 Price changed from £290,000 to £250,000 31/07/2023 Price changed from £295,000 to £290,000 26/07/2023 Price changed from £300,000 to £295,000 08/06/2023 Price changed from £325,000 to £300,000 02/06/2023 Price changed from £300,000 to £325,000 02/06/2023 Price changed from £325,000 to £300,000 04/04/2023 Price changed from £350,000 to £325,000 28/11/2022 Initial entry found: £350,000 Overall change: -28.6% (-£100,000) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 29, 2023 Share Posted October 29, 2023 2b EoT https://www.rightmove.co.uk/properties/134145512#/?channel=RES_BUY Watersedge Road, Portsmouth Price Change History 20/09/2023 Price changed from £170,000 to £165,000 05/09/2023 Price changed from £180,000 to £170,000 07/08/2023 Price changed from £227,500 to £180,000 14/07/2023 Price changed from £238,500 to £227,500 18/05/2023 Price changed from £245,000 to £238,500 26/04/2023 Initial entry found: £245,000 Overall change: -32.7% (-£80,000) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 29, 2023 Share Posted October 29, 2023 3b terrace https://www.rightmove.co.uk/properties/136765460#/?channel=RES_BUY Frampton Road, Liverpool, Merseyside, L4 Price Change History 26/10/2023 Price changed from £80,000 to £75,000 04/09/2023 Price changed from £90,000 to £80,000 21/07/2023 Price changed from £110,000 to £90,000 30/06/2023 Initial entry found: £110,000 Overall change: -31.8% (-£35,000) Quote Link to comment Share on other sites More sharing options...
Dyson Fury Posted October 29, 2023 Share Posted October 29, 2023 On 24/10/2023 at 22:49, Roman Roady said: 2b https://www.rightmove.co.uk/properties/119937485#/?channel=RES_BUY North Foreland Estate, Broadstairs, Kent Price Change History 13/09/2023 Price changed from £500,000 to £450,000 01/09/2022 Price changed from £550,000 to £500,000 27/07/2022 Price changed from £575,000 to £550,000 30/03/2022 Price changed from £599,995 to £575,000 14/02/2022 Initial entry found: £599,995 Overall change: -25% (-£149,995) Quote Situated on the private gated North Foreland Estate Private access to the beach via the 39 steps I could be wrong, but I think that apartment is part of the villa lived in by John Buchan when he wrote "The 39 Steps" in 1915. If so, a considerable price premium for the historical interest. http://bygonekent.org.uk/article/buchan-broadstairs-and-thirty-nine-steps/ Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 30, 2023 Share Posted October 30, 2023 2b terraced Refurbished With New Carpets, Boiler & Front Door https://www.rightmove.co.uk/properties/123418136#/?channel=RES_BUY Gannow Lane, Burnley Price Change History 29/09/2023 Price changed from £60,000 to £55,000 01/09/2023 Price changed from £75,000 to £60,000 17/03/2023 Price changed from £80,000 to £75,000 13/10/2022 Price changed from £88,500 to £80,000 16/05/2022 Initial entry found: £88,500 Overall change: -37.9% (-£33,500) This isnt telling the whole story, look at google street view and this house had a "for sale" sign outside in Apr 2023. https://www.google.com/maps/@53.7902092,-2.2710237,3a,75y,325.57h,85.18t,357.57r/data=!3m7!1e1!3m5!1sh5fNZZwPFsCliMHb77bv-A!2e0!5s20230401T000000!7i16384!8i8192?entry=ttu Go back in time and one can see that this and the neighbours have a history of being boarded up. Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 30, 2023 Share Posted October 30, 2023 2b terraced https://www.rightmove.co.uk/properties/127321037#/?channel=RES_BUY Bradford Road, Idle Price Change History 01/09/2023 Price changed from £100,000 to £75,000 10/02/2023 Price changed from £109,995 to £100,000 22/09/2022 Initial entry found: £109,995 Overall change: -31.8% (-£34,995) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 30, 2023 Share Posted October 30, 2023 2b terraced https://www.rightmove.co.uk/properties/127036805#/?channel=RES_BUY Clarendon Street, Dover, Kent Price Change History 11/09/2023 Price changed from £160,000 to £135,000 11/09/2023 Price changed from £135,000 to £160,000 06/09/2023 Price changed from £160,000 to £135,000 27/06/2023 Price changed from £180,000 to £160,000 30/03/2023 Price changed from £190,000 to £180,000 28/12/2022 Price changed from £200,000 to £190,000 13/09/2022 Initial entry found: £200,000 Overall change: -32.5% (-£65,000) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 31, 2023 Share Posted October 31, 2023 2b semi https://www.rightmove.co.uk/properties/136316111#/?channel=RES_BUY Cossington Road, Birmingham Price Change History 13/09/2023 Price changed from £120,000 to £115,000 30/08/2023 Price changed from £130,000 to £120,000 10/08/2023 Price changed from £170,000 to £130,000 01/08/2023 Price changed from £180,000 to £170,000 20/06/2023 Initial entry found: £180,000 Overall change: -36.1% (-£65,000) Quote Link to comment Share on other sites More sharing options...
Dyson Fury Posted October 31, 2023 Share Posted October 31, 2023 (edited) On 29/10/2023 at 19:22, Dyson Fury said: I could be wrong, but I think that apartment is part of the villa lived in by John Buchan when he wrote "The 39 Steps" in 1915. If so, a considerable price premium for the historical interest. http://bygonekent.org.uk/article/buchan-broadstairs-and-thirty-nine-steps/ Yes it is the top floor flat (Flat 3) in a property known at St Cuby on the clifftops at Broadstairs. The one that John Buchan lived in. https://theisleofthanetnews.com/2019/06/12/martin-charlton-buchan-broadstairs-and-the-39-steps/ Annoyingly, the photo in that article is taken from the opposite side of the building, but using Bing Maps birds-eye view you can confirm the identity (see also the distinctive semi-circular window which is in the estate agents' pictures). The property was divided into several flats some years ago (I was not able to find out when or by whom) and during the early 2010's one of the flats on the floor below was rented out as a holiday let, but sold on when the owners retired. Edited October 31, 2023 by Dyson Fury Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted October 31, 2023 Share Posted October 31, 2023 2b semi https://www.rightmove.co.uk/properties/132502853#/?channel=RES_BUY Stones Close, York Price Change History 12/09/2023 Price changed from £175,000 to £160,000 02/08/2023 Price changed from £220,000 to £175,000 12/05/2023 Price changed from £230,000 to £220,000 13/03/2023 Initial entry found: £230,000 Overall change: -30.4% (-£70,000) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted November 1, 2023 Share Posted November 1, 2023 2b terraced https://www.rightmove.co.uk/properties/137915705#/?channel=RES_BUY Liquorpond Street, Boston Price Change History 12/09/2023 Price changed from £60,000 to £55,000 01/09/2023 Price changed from £70,000 to £60,000 18/08/2023 Price changed from £80,000 to £70,000 26/07/2023 Initial entry found: £80,000 Overall change: -31.3% (-£25,000) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted November 1, 2023 Share Posted November 1, 2023 3b terraced https://www.rightmove.co.uk/properties/136052693#/?channel=RES_BUY Gordon Road, Rochester, Kent, ME2 Price Change History 12/09/2023 Price changed from £255,000 to £235,000 03/08/2023 Price changed from £279,000 to £255,000 21/07/2023 Price changed from £300,000 to £279,000 05/07/2023 Price changed from £320,000 to £300,000 14/06/2023 Initial entry found: £320,000 Overall change: -26.6% (-£85,000) Quote Link to comment Share on other sites More sharing options...
Data Dave Posted November 1, 2023 Share Posted November 1, 2023 4 hours ago, Roman Roady said: 3b terraced https://www.rightmove.co.uk/properties/136052693#/?channel=RES_BUY Gordon Road, Rochester, Kent, ME2 Price Change History 12/09/2023 Price changed from £255,000 to £235,000 03/08/2023 Price changed from £279,000 to £255,000 21/07/2023 Price changed from £300,000 to £279,000 05/07/2023 Price changed from £320,000 to £300,000 14/06/2023 Initial entry found: £320,000 Overall change: -26.6% (-£85,000) Woa. Chunky Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted November 1, 2023 Share Posted November 1, 2023 3b semi https://www.rightmove.co.uk/properties/132301250#/?channel=RES_BUY Oak Lane, Manchester, M45 Price Change History 13/09/2023 Price changed from £270,000 to £240,000 18/07/2023 Price changed from £260,000 to £270,000 18/07/2023 Price changed from £275,000 to £260,000 14/06/2023 Price changed from £285,000 to £275,000 04/05/2023 Price changed from £300,000 to £285,000 25/04/2023 Price changed from £305,000 to £300,000 04/04/2023 Price changed from £325,000 to £305,000 06/03/2023 Initial entry found: £325,000 Overall change: -26.2% (-£85,000) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted November 2, 2023 Share Posted November 2, 2023 3b https://www.rightmove.co.uk/properties/128430983#/?channel=RES_BUY Bellevue Road, Ryde Price Change History 15/09/2023 Price changed from £200,000 to £185,000 16/08/2023 Price changed from £250,000 to £200,000 13/01/2023 Price changed from £265,000 to £250,000 31/10/2022 Initial entry found: £265,000 Overall change: -30.2% (-£80,000) Quote Link to comment Share on other sites More sharing options...
Roman Roady Posted November 2, 2023 Share Posted November 2, 2023 2b terraced https://www.rightmove.co.uk/properties/134117747#/?channel=RES_BUY 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) Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.