apom Posted February 7, 2006 Share Posted February 7, 2006 This is fabulous.. A house near my parents has been on the market for about a year now. It backs onto fields and countryside.. Not sold at £250,000. another has come onto the market opposite.. Backs onto other houses.. It is for sale at £290,000... smaller garden too.. Bargain I thought.. So.. Rightmove may claim that in this isolated area we have seen a massive rise in the value of housing.. I had best let the BBC know.. Right now.. Whats the E-mail address I need is it: "Critical accurate news reporting@bbc.co.uk"? Quote Link to comment Share on other sites More sharing options...
look to the past Posted February 7, 2006 Share Posted February 7, 2006 My friends flat fell though last week – back on the market again +£2000 as the estate agents reckon that they can get it. Last time he sold he only had 5 viewers even though it is the cheapest in the area. I think the estate agents are ramping the prices in some areas Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted February 7, 2006 Share Posted February 7, 2006 Overpriced and unsold It started out at £330K in January last year, now trying for £289K. It's worth about £250K. Though I'd say that balcony is priceless (marlene...) Quote Link to comment Share on other sites More sharing options...
backtoparents Posted February 7, 2006 Share Posted February 7, 2006 Overpriced and unsold It started out at £330K in January last year, now trying for £289K. It's worth about £250K. Any idea on the flod risk round there? btp Quote Link to comment Share on other sites More sharing options...
apom Posted February 7, 2006 Author Share Posted February 7, 2006 but the house that hasn't sold was £250,000 then the next one.. not as nice.. is £290,000 What are they thinking? Quote Link to comment Share on other sites More sharing options...
shar46y Posted February 7, 2006 Share Posted February 7, 2006 The sad thing is, most people genuinely believe the headlines from the VIs. They never question what the reports mean, whether they are asking prices or real prices. Anecdote from my hubby about a month ago - one of his colleagues was saying that she had just had an offer accepted on a house, and "the very next week, house prices went up £2000!" she breathlessly exclaimed. Obviously in reference to the Express headline, I would guess. I told hubby he should have replied "Thank goodness you got your offer in before that, or all the houses in Britain would have been exactly £2000 more expensive, and you would have had to offer exactly £2000 more!" Quote Link to comment Share on other sites More sharing options...
BuyingBear Posted February 7, 2006 Share Posted February 7, 2006 I told hubby he should have replied "Thank goodness you got your offer in before that, or all the houses in Britain would have been exactly £2000 more expensive, and you would have had to offer exactly £2000 more!" Lol, when will people realise that prices are simply a matter of conjecture and they move eitherway! It's as if they think some "central house price control setting board" convenes each month to set prices, oh yeah, and that each citizen shall also recieve 1.57 pairs of boots this year in accordance with the third 5 year plan. Quote Link to comment Share on other sites More sharing options...
jp1 Posted February 7, 2006 Share Posted February 7, 2006 but the house that hasn't sold was £250,000 then the next one.. not as nice.. is £290,000 What are they thinking? Aspirational pricing for the 'Spring Bounce' ZZzzzzzzzzzz...... Quote Link to comment Share on other sites More sharing options...
OnlyMe Posted February 7, 2006 Share Posted February 7, 2006 (edited) My friends flat fell though last week – back on the market again +£2000 as the estate agents reckon that they can get it. Last time he sold he only had 5 viewers even though it is the cheapest in the area. I think the estate agents are ramping the prices in some areas All the SIPPS malarky, all the buying last year to sell on to propective SIPP investors this Spring - who do you think are heavily invested from last year looking for people to take the property off them now that SIPPS is dead? A good number of EA's I suspect. EA's are big flippers in the market. Edited February 7, 2006 by OnlyMe Quote Link to comment Share on other sites More sharing options...
undersupply Posted February 7, 2006 Share Posted February 7, 2006 It's not an isolated case. There are plenty of new builds in Suffolk that have been on the market for over a year now. Here's a good one: Overpriced and unsold two public houses, fish and chip shops. There is also a good sized Co-op supermarket which is open seven days a week. Whats wrong with you people? Happiness is proximity to pubs chippers and cheap supermarkets! Quote Link to comment Share on other sites More sharing options...
Bedsprings Posted February 7, 2006 Share Posted February 7, 2006 Flipper House (a dolphin?) near us was on at £750K [though EA valued it at £650K] - not a single viewer in 3 months! They moved to a new EA and it popped back on the market at £775K! 2 weeks later it's been reduced to £725K... Quote Link to comment Share on other sites More sharing options...
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