PeanutButter Posted May 20, 2019 Share Posted May 20, 2019 Obvs anecdotal but our old street has 4 places up for sale, 1 ex rental. 1’s been on for years - kite flying. The next oldest is prob on for 1.5 years. Reasonable starter homes in good area, good links, safe, free parking, green spaces etc. Then last week a neighbour in our new place put their house up for sale for what we thought was insane money. Boom, sold in a week full asking. Turns out having loads of outstanding schools in catchment is all it takes. Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted May 20, 2019 Share Posted May 20, 2019 So the kite flyers will keep flying, I guess? Quote Link to comment Share on other sites More sharing options...
Tom_Herts17 Posted May 20, 2019 Share Posted May 20, 2019 2 minutes ago, PeanutButter said: Then last week a neighbour in our new place put their house up for sale for what we thought was insane money. Boom, sold in a week full asking. Turns out having loads of outstanding schools in catchment is all it takes. It's probably an offer from some dimwit who's assuming they can sell their house for an insane price too. This sort of thing is happening all the time in the areas I'm watching. They're under offer, they're not, they're under offer, they're not, the house is reduced by 1%..... It's all a bit tedious, TBH. Quote Link to comment Share on other sites More sharing options...
Flopsy Posted May 20, 2019 Share Posted May 20, 2019 (edited) 55 minutes ago, PeanutButter said: Obvs anecdotal but our old street has 4 places up for sale, 1 ex rental. 1’s been on for years - kite flying. The next oldest is prob on for 1.5 years. Reasonable starter homes in good area, good links, safe, free parking, green spaces etc. Then last week a neighbour in our new place put their house up for sale for what we thought was insane money. Boom, sold in a week full asking. Turns out having loads of outstanding schools in catchment is all it takes. They aren't all going to be so lucky. There has been some movement in my (target) areas of people moving to good school catchment zones. One 4 BR house in my list went SSTC 6 weeks ago and come up again in my new properties list under a new agent last week. It's not over until we see it in LR and then we can see what price it actually went for. Edited May 20, 2019 by Flopsy Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted May 20, 2019 Author Share Posted May 20, 2019 1 hour ago, Tom_Herts17 said: It's probably an offer from some dimwit who's assuming they can sell their house for an insane price too. This sort of thing is happening all the time in the areas I'm watching. They're under offer, they're not, they're under offer, they're not, the house is reduced by 1%..... It's all a bit tedious, TBH. Nope. Guy with family in rental no chain. Walked in and offered full asking no dithering. Quote Link to comment Share on other sites More sharing options...
Freki Posted May 21, 2019 Share Posted May 21, 2019 well what I look at, nothing has moved. I checked houseprices.io they are all kite flyers, the best it was sold for was 80k below the current asking price Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted September 13, 2019 Author Share Posted September 13, 2019 On 20/05/2019 at 15:15, PeanutButter said: Nope. Guy with family in rental no chain. Walked in and offered full asking no dithering. Fell through. Next person on waiting list for the place offered full asking. Completed very fast (and haven't sold their old place). I'm estimating about 400k profit. Quote Link to comment Share on other sites More sharing options...
PeanutButter Posted March 21, 2021 Author Share Posted March 21, 2021 Anecdotal. Friends were just gazumped by a letter through the door. 75k over agreed sale price. Quote Link to comment Share on other sites More sharing options...
Si1 Posted March 22, 2021 Share Posted March 22, 2021 On 21/03/2021 at 13:09, PeanutButter said: Anecdotal. Friends were just gazumped by a letter through the door. 75k over agreed sale price. Where's the money coming from? Or the borrowing? Quote Link to comment Share on other sites More sharing options...
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