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Examples of big & multiple drops


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0
HOLA441
On 27/09/2022 at 14:06, Roman Roady said:

3 bed non auction...

===============

21% in Colwyn Bay

https://www.rightmove.co.uk/properties/107198657#/?channel=RES_BUY

image.png.69cc96dd3cb44b78038ec8522c301024.png

Price Change History
21/09/2022 Price changed from £200,000 to £190,000
16/01/2022 Price changed from £210,000 to £200,000
18/10/2021 Price changed from £220,000 to £210,000
05/07/2021 Price changed from £240,000 to £220,000
18/05/2021 Initial entry found: £240,000

===============

p249

Sold in Jan 2023 for £190k

https://www.rightmove.co.uk/house-prices/details/england-107198657-17417497?s=03c72700356a5c8b62be6ade1940134bd6558668a163573ed202d1d667976fce#/

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1
HOLA442
On 27/09/2022 at 15:54, Roman Roady said:

2 beds up for auction...

===============

27% in Blackburn

https://www.rightmove.co.uk/properties/85828611#/?channel=RES_BUY

image.png.ddea844aac885331dc5592102745f711.png

image.png.aed8669750833143c9f250933a42ae2d.png

Price Change History
20/09/2022 Price changed from £100,000 to £80,000
01/09/2022 Price changed from £109,950 to £100,000
16/08/2022 Initial entry found: £109,950

===============

p250

Sold in 2022 for £78.5k...28%

 

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HOLA443
On 27/09/2022 at 15:54, Roman Roady said:

2 beds up for auction...

===============

24%

image.png.a0840084748d2dcf218e62709e3783c6.png

https://www.rightmove.co.uk/properties/114938519#/?channel=RES_BUY

image.png.c8056a32707c897b14ca392732180226.png

image.png.79e3c96a33625b760de239201a37a480.png

Price Change History
22/09/2022 Price changed from £130,000 to £125,000
03/08/2022 Price changed from £150,000 to £130,000
27/07/2022 Price changed from £160,000 to £150,000
27/12/2021 Price changed from £165,000 to £160,000
16/10/2021 Initial entry found: £165,000

===============

p250

Sold in 2023 for £115k...30%

https://www.rightmove.co.uk/house-prices/details/england-140050499-18090136?s=7d69f5f95637880a22ef2379842f49fce8cc275d9fd8c0f1e393984457f1d997#/

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HOLA444
On 27/09/2022 at 17:16, Roman Roady said:

4 beds non auction in the 25 - 30% bracket...

============

Oldham

https://www.rightmove.co.uk/properties/125141783#/?channel=RES_BUY

image.png.619002177d0fb4cc93a49044f0f72a0f.png

Price Change History
21/09/2022 Price changed from £649,950 to £499,950
07/09/2022 Price changed from £695,000 to £649,950
19/07/2022 Initial entry found: £695,000

============

p250

sold in March 2023 for £460k...34%

https://www.rightmove.co.uk/house-prices/details/england-125141783-18351589?s=a46cada74d0ff3aa9129c86fb1c82e4a1b02725c3c0d3f2fa5d4c8d5641abdbe#/

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HOLA445
On 27/09/2022 at 21:33, Roman Roady said:

2 bed non auction, in the 20 - 25% bracket...

==============

Looe

https://www.rightmove.co.uk/properties/122632394#/?channel=RES_BUY

image.png.4efca3f1ba374dc46c0ab35076f0aa40.png

Price Change History
22/09/2022 Price changed from £220,000 to £200,000
11/08/2022 Price changed from £235,000 to £220,000
01/07/2022 Price changed from £250,000 to £235,000
21/04/2022 Initial entry found: £250,000

==============

p250

Price Change History
18/05/2023 Price changed from £180,000 to £170,000
26/01/2023 Price changed from £190,000 to £180,000
26/10/2022 Price changed from £200,000 to £190,000
22/09/2022 Price changed from £220,000 to £200,000
11/08/2022 Price changed from £235,000 to £220,000
01/07/2022 Price changed from £250,000 to £235,000
21/04/2022 Initial asking price: £250,000
Overall change: -32% (-£80,000)

sold in 2023 for £170k

https://www.rightmove.co.uk/house-prices/details/england-122632394-19066726?s=0ef02c9489ca7ecec0fd126317abef1975d69a1616b1abc57d7300d4d65bcd9a#/

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HOLA446
On 27/09/2022 at 21:33, Roman Roady said:

2 bed non auction, in the 20 - 25% bracket...

==============

Worksop

https://www.rightmove.co.uk/properties/125047985#/?channel=RES_BUY

image.png.5c87ba6059bb6c1aa036a087808f8075.png

Price Change History
23/09/2022 Price changed from £250,000 to £230,000
22/08/2022 Price changed from £260,000 to £250,000
05/08/2022 Price changed from £280,000 to £260,000
31/07/2022 Price changed from £300,000 to £280,000
17/07/2022 Initial entry found: £300,000

==============

p250

sold in March 2023 for £210k...30%

https://www.rightmove.co.uk/house-prices/details/england-125047985-18626686?s=b93e194ee600f4faab89fef0e9a403a6604353eb2ea08f1db59ff753e6620a1f#/

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HOLA447
On 28/09/2022 at 11:31, Roman Roady said:

1 bed non auction properties...

====================

20% in Stourbridge, West Midlands,

https://www.rightmove.co.uk/properties/123471734#/?channel=RES_BUY

image.png.b474259e4ca5dd2fa4f70d7a37b984de.png

image.png.77dcea07e94871d704eac712c21b9737.png

Price Change History
20/09/2022 Price changed from £239,950 to £199,950
26/07/2022 Price changed from £245,000 to £239,950
17/06/2022 Price changed from £250,000 to £245,000
19/05/2022 Initial entry found: £250,000

====================

p250

sold in 2022 for £195k....22%

 

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7
HOLA448
On 28/09/2022 at 11:31, Roman Roady said:

1 bed non auction properties...

====================

20% in Manchester

https://www.rightmove.co.uk/properties/125490248#/?channel=RES_BUY

image.png.6fa973a5cfa0d7d98a98addac4d68305.png

image.png.d1e1e60e76be29e96282361f729127cb.png

Price Change History
21/09/2022 Price changed from £115,000 to £100,000
20/08/2022 Price changed from £120,000 to £115,000
16/08/2022 Price changed from £125,000 to £120,000
29/07/2022 Initial entry found: £125,000

====================

   
   

 

p250

sold in Feb 2023 for £88k...30%

https://www.rightmove.co.uk/house-prices/details/england-18321082?s=a63aa7899884ade22970d70f3116a9cc63976c65edf3d52ca42ae2c96ce1c233#/

 

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8
HOLA449
On 28/09/2022 at 16:27, Roman Roady said:

4 bed properties up for auction...

================

32% in Liverpool

https://www.rightmove.co.uk/properties/126578393#/?channel=RES_BUY

image.png.2cad7961f4b1d35cac4d87e9ad8901e9.png

image.png.ff76bd5cb549be1e9ccdd609b36afc9e.png

Price Change History
22/09/2022 Price changed from £165,000 to £125,000
13/09/2022 Price changed from £185,000 to £165,000
31/08/2022 Initial entry found: £185,000

================

p250

sold in 2022 for £130k...30%

£12k less than the 2007 sold price

 

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HOLA4410
On 28/09/2022 at 21:46, Roman Roady said:

2 bed auction properties with big drops...

================

31% in Rotherham

https://www.rightmove.co.uk/properties/124841738#/?channel=RES_BUY

image.png.d884c4348cba1a941200add912498c64.png

Price Change History
07/09/2022 Price changed from £65,000 to £55,000
29/07/2022 Price changed from £70,000 to £65,000
22/07/2022 Price changed from £80,000 to £70,000
22/07/2022 Price changed from £70,000 to £80,000
18/07/2022 Price changed from £80,000 to £70,000
09/07/2022 Initial entry found: £80,000

================

p250

Price Change History
21/10/2022 Price changed from £50,000 to £45,000
29/09/2022 Price changed from £55,000 to £50,000
07/09/2022 Price changed from £65,000 to £55,000
29/07/2022 Price changed from £70,000 to £65,000
22/07/2022 Price changed from £80,000 to £70,000
22/07/2022 Price changed from £70,000 to £80,000
18/07/2022 Price changed from £80,000 to £70,000
09/07/2022 Initial asking price: £80,000
Overall change: -43.8% (-£35,000)

sold in Feb 2023 for £48k....40%

https://www.rightmove.co.uk/house-prices/details/england-48403044-17833606?s=d5a851baabb7230627d12a7623bb899f6eb71bbdfdae80e4b3d36a029015367f#/

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HOLA4411
On 28/09/2022 at 21:46, Roman Roady said:

2 bed auction properties with big drops...

================

42% near Peterborough

https://www.rightmove.co.uk/properties/118666409#/?channel=RES_BUY

image.png.253ce7c767acf37ec40d90d6510e94ad.png

Price Change History
23/09/2022 Price changed from £100,000 to £70,000
14/02/2022 Price changed from £120,000 to £100,000
13/01/2022 Initial entry found: £120,000

================

p250

Sold in Apr 2023 for £72.5k...40%

https://www.rightmove.co.uk/house-prices/details/england-86340951-93884739?s=a5277db83daed7778347d7719bac9de4cf373456c55ea323c1f784b1ddac5cce#/

 

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11
HOLA4412
On 30/09/2022 at 10:20, Roman Roady said:

Non auction properties in the 20 - 25% bracket...

Most of these reduction pre-date the shenanigans of the past week (is it only a week since Kami Kwasi stood up in Parliament??).

 

Regular readers of this thread will have noticed that I try to keep it on page 1 most of the time. That has been somewhat difficult this week to say the least!

I have never seen this web site so busy and I have never been so pre occupied with all of the different threads being published in such a rapid manner. Thanks to all for the insight, it really has been compelling!

All we need now is a cameo from @Realistbear and @cgnao.

Lets hope the good news continues...I think it will.

 

As of yet I have not seen the plethora of reductions (as mentioned by @TheCountOfNowhere elsewhere on this website) breech the 20% plus barrier...the pace is as it was a week or two ago...which was pretty high anyhow.

I anticipate a deluge of properties soon; I shall post at the same rate but be more and more selective.

 

It is my hope that by Christmas, this thread will be redundant.

=========================

3 bed semi

image.png.1a9bd8b65815e02218cfcc0dbc267a40.png

https://www.rightmove.co.uk/properties/125538614#/?channel=RES_BUY

image.png.7391a9f2ba7eb4178180aff32335c992.png

Price Change History
23/09/2022 Price changed from £375,000 to £325,000
24/08/2022 Price changed from £425,000 to £375,000
10/08/2022 Price changed from £450,000 to £425,000
30/07/2022 Initial entry found: £450,000

=========================

p250

Sold in Jan 2023 for £330....27%

https://www.rightmove.co.uk/house-prices/details/england-125538614-18036244?s=9dff7805e53062198dd29f598bf2073475db7d2ecc717ec85b4c7db04d419eb8#/

 

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12
HOLA4413
On 30/09/2022 at 10:20, Roman Roady said:

Non auction properties in the 20 - 25% bracket...

=========================

3 bed semi in Accrington

https://www.rightmove.co.uk/properties/125610740#/?channel=RES_BUY

image.png.23b10947a8e00719707afc2c3b41a918.png

image.png.34836f1c820760d4d1842cb586051c73.png

Price Change History
07/09/2022 Price changed from £125,000 to £110,000
06/09/2022 Price changed from £110,000 to £125,000
06/09/2022 Price changed from £125,000 to £110,000
31/08/2022 Price changed from £130,000 to £125,000
20/08/2022 Price changed from £140,000 to £130,000
02/08/2022 Initial entry found: £140,000

=========================

p250

Sold in 202 for 103k....26%

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HOLA4414
On 30/09/2022 at 10:20, Roman Roady said:

Non auction properties in the 20 - 25% bracket...

=======================================

3 bed terraced house in Liverpool

Recently undergoing a full renovation the owner has finished the property to a high standard, 

https://www.rightmove.co.uk/properties/126873866#/?channel=RES_BUY

image.png.65aa0678e9147a50fc9c31fac0fa2edd.png

image.png.91029986d00c793cf28619f85ef976b5.png

Price Change History
18/09/2022 Price changed from £150,000 to £125,000
15/09/2022 Price changed from £160,000 to £150,000
09/09/2022 Initial entry found: £160,000

=========================

p250

Sold in Apr 2023 for £95k....41%

Price Change History
20/12/2022 Price changed from £115,000 to £100,000
16/12/2022 Price changed from £117,500 to £115,000
28/11/2022 Price changed from £120,000 to £117,500
03/10/2022 Price changed from £125,000 to £120,000
18/09/2022 Price changed from £150,000 to £125,000
15/09/2022 Price changed from £160,000 to £150,000
09/09/2022 Initial asking price: £160,000
Overall change: -37.5% (-£60,000)

https://www.rightmove.co.uk/house-prices/details/england-131531903-93600849?s=d1d4bfed0769c544edfb2699c7ea540cb7f24b3c2b37b398cbab756c20f2effd#/

 

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HOLA4415
On 30/09/2022 at 17:17, Roman Roady said:

non auction, 20% reductions...

====================

5 bed detached in Scarborough

https://www.rightmove.co.uk/properties/126020924#/?channel=RES_BUY

image.png.3b5a687b07a3287436c602cc24f06252.png

Price Change History
24/09/2022 Price changed from £1,250,000 to £1,000,000
12/08/2022 Initial entry found: £1,250,000

====================

p250

Sold June 2023 for £920k...26%

https://www.rightmove.co.uk/house-prices/details/england-126020924-18690556?s=a44d0794b708f5508f1676215d7cca5bbbf7ed76e8b203105df2c060346d1c9f#/

 

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15
HOLA4416
On 30/09/2022 at 17:17, Roman Roady said:

non auction, 20% reductions...

====================

2 bed detached near Gt Yarmouth

https://www.rightmove.co.uk/properties/125870750#/?channel=RES_BUY

image.png.8dfd61558ff03fab341c584b136b7573.png

Price Change History
28/09/2022 Price changed from £300,000 to £275,000
01/09/2022 Price changed from £325,000 to £300,000
18/08/2022 Price changed from £350,000 to £325,000
09/08/2022 Initial entry found: £350,000

====================

p250

Price Change History
13/10/2022 Price changed from £275,000 to £225,000
28/09/2022 Price changed from £300,000 to £275,000
01/09/2022 Price changed from £325,000 to £300,000
18/08/2022 Price changed from £350,000 to £325,000
09/08/2022 Initial asking price: £350,000
Overall change: -35.7% (-£125,000)

sold in 2022 for £225k

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HOLA4417
On 30/09/2022 at 17:17, Roman Roady said:

non auction, 20% reductions...

====================

5 bed semi detached in Mill Hill, London, NW7

https://www.rightmove.co.uk/properties/126479741#/?channel=RES_BUY

image.png.d7f52432e8e7364e1a8806cb3f17d922.png

Price Change History
28/09/2022 Price changed from £1,250,000 to £1,000,000
27/08/2022 Initial entry found: £1,250,000

====================

p250

sold in Aug 2023 for £900k...28%

https://www.rightmove.co.uk/house-prices/details/england-126479741-19058461?s=c7dd3d1067efd4406ccb15a3cc2e9fbf83208e2340aa307e11d9d1f6dca16f58#/

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17
HOLA4418

It's not selling so we'll raise the price. A mere 23% drop from the highest listing price of £1.3M to £1M for this 5b detached in Exeter:

https://www.rightmove.co.uk/properties/141555662#/?channel=RES_BUY

Price Change History
18/04/2024 Price changed from £1,200,000 to £1,000,000
28/03/2024 Price changed from £1,250,000 to £1,200,000
09/02/2024 Price changed from £1,300,000 to £1,250,000
18/01/2024 Price changed from £1,250,000 to £1,300,000
01/11/2023 Initial asking price: £1,250,000

But already a £100k loss from their purchase price:

16, Barton Close, Exton, Exeter, Devon EX3 0PE

5 bed, detached
£1,100,000 9 Sep 2022 Freehold
£925,000 30 Mar 2021 Freehold
£850,000 8 Nov 2017 Freehold

Then add on the costs of the extensive improvements, shown in the difference in the pictures from the previous and current listing, here:

https://www.rightmove.co.uk/house-prices/details/england-88140460-17698873?s=bc31e22a7f6a659c7b09e6ac8c5d6abf76003658cb7f4c8381bee740b8ac6ec4#/

 That's got to be Squeaky Bum time..... 😮

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18
HOLA4419
On 30/09/2022 at 19:05, Roman Roady said:

2 beds, non auction...

==============

23% in South Shields

https://www.rightmove.co.uk/properties/122798501#/?channel=RES_BUY

image.png.9ccc54aa92a1650a865e6b68e1f3f34d.png

image.png.3439b74228ab626a276518b011e50a9b.png

Price Change History
20/09/2022 Price changed from £79,950 to £70,000
15/09/2022 Price changed from £85,000 to £79,950
05/09/2022 Price changed from £90,000 to £85,000
25/04/2022 Initial entry found: £90,000

==============

p251

Price Change History
30/11/2022 Price changed from £58,000 to £55,000
19/10/2022 Price changed from £70,000 to £58,000
20/09/2022 Price changed from £79,950 to £70,000
15/09/2022 Price changed from £85,000 to £79,950
05/09/2022 Price changed from £90,000 to £85,000
25/04/2022 Initial asking price: £90,000
Overall change: -38.9% (-£35,000)

Sold in July 2023 for £58.5k...35%

https://www.rightmove.co.uk/house-prices/details/england-122798501-19043200?s=69fd9c804100283669261826542e1e8926e0f36beb35a4343429b4b5faaca914#/

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19
HOLA4420
On 30/09/2022 at 19:05, Roman Roady said:

2 beds, non auction...

==============

24% in Lyndhurst in the New Forest

https://www.rightmove.co.uk/properties/121752893#/?channel=RES_BUY

image.png.beb2e3e379e24d04bb869e1bae9bd5f3.png

Price Change History
27/09/2022 Price changed from £649,950 to £550,000
05/07/2022 Price changed from £685,000 to £649,950
12/05/2022 Price changed from £725,000 to £685,000
11/05/2022 Price changed from £685,000 to £725,000
06/05/2022 Price changed from £725,000 to £685,000
30/03/2022 Initial entry found: £725,000

==============

p251,

Sold in Dec 2022 for £500k...31%

https://www.rightmove.co.uk/house-prices/details/england-62358443-17545150?s=cb49077a12ee72ec964b28e17827e61c1cc8c09b57d4ebd07475b2554c1ca87b#/

 

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HOLA4421
On 30/09/2022 at 19:05, Roman Roady said:

2 beds, non auction...

==============

20% north of Wolverhampton

https://www.rightmove.co.uk/properties/125981294#/?channel=RES_BUY

image.png.2f6443cb6b27b50421ce3b2150c04c6d.png

Price Change History
14/09/2022 Price changed from £325,000 to £250,000
12/08/2022 Initial entry found: £325,000

==============

p251

sold in Jan 2023 for £220k...32%

https://www.rightmove.co.uk/house-prices/details/england-125981294-17909596?s=ea66df3fbf9234dcc177b0dd6183614ca5164e31b77fe74751f8629feaa749cb#/

 

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21
HOLA4422
On 01/10/2022 at 21:11, Roman Roady said:

2 bed auction properties

======================

21% in Salisbury

https://www.rightmove.co.uk/properties/123105011#/?channel=RES_BUY

image.png.cbe3c5ef436f43e16f797828c8a6999b.png

image.png.7a11ad671c5625ab6badc3079d5e93b8.png

Price Change History
23/09/2022 Price changed from £270,000 to £260,000
05/08/2022 Price changed from £290,000 to £270,000
08/07/2022 Price changed from £300,000 to £290,000
08/06/2022 Price changed from £320,000 to £300,000
19/05/2022 Price changed from £330,000 to £320,000
06/05/2022 Initial entry found: £330,000

 

p251,

Sold in Jan 2023 for £240k....27%

https://www.rightmove.co.uk/house-prices/details/england-123105011-18646930?s=5597be5d53e503ab8a999029db3b5930dad623a425352c6a0ebdd0fcb7bfc03a#/

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22
HOLA4423
23
HOLA4424

according to my records, this is supposed to be p251, but I cant find it there. Never mind!

 

3 bed terraced

https://www.rightmove.co.uk/properties/119585102#/?channel=RES_BUY

Chapel Street, Dalton In Furness

Price Change History
30/09/2022 Price changed from £139,950 to £99,950
05/02/2022 Initial asking price: £139,950
Overall change: -28.6% (-£40,000)

 

Eventually sold in 2023 for £60k...57%

https://www.rightmove.co.uk/house-prices/details/england-119585102-18543793?s=d10b98dce0f25fcb5e466ad33996bbe7ae85dd756161da0ac3cd317f4ef10823#/

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24
HOLA4425

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