disenfranchised Posted January 24, 2012 Share Posted January 24, 2012 Thanks for the reply - yes, I have looked at sold prices as well (Zoopla). The issue I had with reading too much into that is how heavily developed some of them are - especially over the last decade when "capital release" has become so much more common. Rebuilding the garage with an extension to the 1st floor is common, extending the main roof over the top of it and developing upwards is also in evidence & full width rear extensions are pretty common - you don't know if you are pricing a basic 30's-50's 3 bedroom house, or a 5 bed 2 bath open plan kitchen one? I hope the prices are going to continue to head south either way! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 26, 2012 Share Posted January 26, 2012 http://www.northamptonchron.co.uk/news/local/consultation_under_way_with_parents_on_entry_rules_at_in_demand_northampton_secondary_school_1_3458346 "Consultation under way with parents on entry rules at in-demand Northampton secondary school" "The new policy would see the majority of places given to children who either live in the Wootton Fields and Grange Park areas, attend feeder primary schools or have a sibling who is already at the school." House prices in wootton to double !!! Buy now. Quote Link to comment Share on other sites More sharing options...
exiges Posted January 31, 2012 Share Posted January 31, 2012 Well, we completed on Thursday.. not without a small bit of stress. The vendors solicitors required all the funds by 3:30pm on Thursday, our removal van had been booked for the following day, yet by 2:30pm we still hadn't all the money in place (I'd been let down by a few people who had promised me earnestly that they'd pay me some money owed).. Thankfully my partner's Dad helped out in the final hour (literally), and within 30 minutes the money had hopped from his account to mine, from mine to my solicitors and my solicitors to theirs.. Phew! It was a shame the vendor didn't tell me the automated gates were broken, they had always been open when we viewed.. of course Caveat Emptor, but there are only so many things you can check when making sure everything works. Next stressful thing was to fight the boiler system.. simple it ain't. And for some reason it was just running at full blast and I couldn't get it to adjust to a preferred temperature.. it was only off or thermonuclear.. and two nights in a row I had to get up at 3am to turn it off as it was 23degC inside; made worse by the fact the boiler house is outside. Only last night did I get the better of it and have it programmed properly (pics below) So we're happy to be settled now, mortgage free, in the centre of a village yet with a few acres of mature, landscaped gardens for our son to run around in. I'm not stupid enough to turn bullish, so for the next few years I'm going to turn off the radio/TV/internet whenever I hear articles about house prices nose diving.. which they will, but as mentioned before, life is too short to play the waiting game forever, and we gave it 4yrs. In terms of HPC, we didn't get a huge discount, 8% off the current asking and 27% off the peak asking price. Time to start living, not waiting. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted January 31, 2012 Share Posted January 31, 2012 Well, we completed on Thursday.. not without a small bit of stress. The vendors solicitors required all the funds by 3:30pm on Thursday, our removal van had been booked for the following day, yet by 2:30pm we still hadn't all the money in place (I'd been let down by a few people who had promised me earnestly that they'd pay me some money owed).. Thankfully my partner's Dad helped out in the final hour (literally), and within 30 minutes the money had hopped from his account to mine, from mine to my solicitors and my solicitors to theirs.. Phew! It was a shame the vendor didn't tell me the automated gates were broken, they had always been open when we viewed.. of course Caveat Emptor, but there are only so many things you can check when making sure everything works. Next stressful thing was to fight the boiler system.. simple it ain't. And for some reason it was just running at full blast and I couldn't get it to adjust to a preferred temperature.. it was only off or thermonuclear.. and two nights in a row I had to get up at 3am to turn it off as it was 23degC inside; made worse by the fact the boiler house is outside. Only last night did I get the better of it and have it programmed properly (pics below) So we're happy to be settled now, mortgage free, in the centre of a village yet with a few acres of mature, landscaped gardens for our son to run around in. I'm not stupid enough to turn bullish, so for the next few years I'm going to turn off the radio/TV/internet whenever I hear articles about house prices nose diving.. which they will, but as mentioned before, life is too short to play the waiting game forever, and we gave it 4yrs. In terms of HPC, we didn't get a huge discount, 8% off the current asking and 27% off the peak asking price. Time to start living, not waiting. Well done Exiges, I think 27% off peak prices is great going. If we could all find somewhere like that then we'll be doing well. All the best. Love the pictures BTW, that's a proper system !!! Quote Link to comment Share on other sites More sharing options...
HouseDog Posted January 31, 2012 Author Share Posted January 31, 2012 Just turning down the temperature dear! It should come on at 11.50 Contgratulations again on your exchange. 27% off peak doesn't sound too bad to me! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 2, 2012 Share Posted February 2, 2012 (edited) http://www.rightmove.co.uk/property-for-sale/property-21741105.html 4 bedroom detached house for sale £179,995 Duston Wildes, Duston, Northampton NN5 6ND That's hard to beat. This is the price a 4 bed detached house should be topping out at !!! Edited February 2, 2012 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
pablopatito Posted February 3, 2012 Share Posted February 3, 2012 Man, that's an ugly house Count. I think the first thing I'd have to do is get planning permission to put some more windows in. It looks like a prison. Quote Link to comment Share on other sites More sharing options...
pablopatito Posted February 3, 2012 Share Posted February 3, 2012 "The new policy would see the majority of places given to children who either live in the Wootton Fields and Grange Park areas, attend feeder primary schools or have a sibling who is already at the school." It's actually a bit of a non-story I think. The only thing that will change is the tie-breaker that will now be based on distance from school rather than distance from nearest alternative school. A subtle difference that will mean a different group of kids miss out. It doesn't tackle the problem of over-subscription, and it's debatable that it's any fairer. Giving priority to feeder schools prevents people from renting a house for six months, which is obviously a good thing. But I'm not sure this was ever as widespread as people made out. New build houses in Wootton are now back to 2007 peak prices though. :angry: Quote Link to comment Share on other sites More sharing options...
exiges Posted February 3, 2012 Share Posted February 3, 2012 Man, that's an ugly house Count. I think the first thing I'd have to do is get planning permission to put some more windows in. It looks like a prison. Indeed, if you simply must have a 4-bed detached and that's all you could afford, then fair enough, but otherwise that is one ugly mofo house. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 3, 2012 Share Posted February 3, 2012 New build houses in Wootton are now back to 2007 peak prices though. :angry: Have you got any land registry links with actual sale prices ? I don't doubt you but I doubt EAs. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 3, 2012 Share Posted February 3, 2012 (edited) I remember viewing one of the show homes for this sort of place in 2006: http://www.rightmove.co.uk/property-for-sale/property-36819428.html 5 bedroom terraced house for sale£249,950 I recall the asking prices were about £350K !!!! I was amazed at the time, more shocked actually. Modern Town House Lounge & Study Kitchen/Breakfast Room Five Bedrooms Three En Suites Bathroom Off Road Parking Open Views Quite a lot for your money if you dont mind living there. I remember the sales lady saying they were flying off the shelves !!! Some examples of a sale price from 2007, not necessarily this one: 10th Aug 2007 12 High Street, Upton, Northampton NN5 4EH Terraced, Freehold, -- Beds, -- Baths, -- Receps - Edit £335,950 Property details | Add to favourites See current value 28th Jun 2007 8 High Street, Upton, Northampton NN5 4EH Town house, Freehold, 5 Beds, 5 Baths, 4 Receps - Edit £357,000 Property details | Add to favourites See current value 30th Apr 2007 2 High Street, Upton, Northampton NN5 4EH Detached, Freehold, -- Beds, -- Baths, -- Receps - Edit £365,950 Property details | Add to favourites See current value 26th Mar 2007 19 High Street, Upton, Northampton NN5 4EN Terraced, Freehold, 4 Beds, 3 Baths, 3 Receps - Edit £326,500 Property details | Add to favourites See current value 23rd Feb 2007 3 High Street, Upton, Northampton NN5 4EN Flat, Leasehold, 2 Beds, 1 Baths, 1 Receps - Edit £250,000 Property details | Add to favourites See current value 9th Feb 2007 7 High Street, Upton, Northampton NN5 4EN Flat, Leasehold, 3 Beds, 1 Baths, 1 Receps - Edit £310,000 Did anyone fancy buying one of these in 2007 ?# Those are massive potential losses !!! Edited February 3, 2012 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
exiges Posted February 6, 2012 Share Posted February 6, 2012 Quite a lot for your money if you dont mind living there. Another case of lots of little rooms to look good on paper, rather than useful living spaces. Just look at the living room, you couldn't put the sofa sideways, it'd block the room. No garden photos either.. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 6, 2012 Share Posted February 6, 2012 ... No garden photos either.. Probably no garden to speak of The one I viewed had a postage stamp for a garden. The developers, to me, decided to maximise profit by building town houses out of town, dressed them up like something fancy and tried to sell them for a fortune. This is what the 2007 peak housing market looked like and there was many that bought into it. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 7, 2012 Share Posted February 7, 2012 (edited) http://www.rightmove.co.uk/property-for-sale/property-21793998.html 6 bedroom terraced house for sale £480,000 Town Centre, Northampton Is it 2007 again ? did the E.A.s not actual see the crash ? http://www.rightmove.co.uk/property-for-sale/property-36850982.html?premiumA=true 4 bedroom detached house for sale£524,995 Billing Road, Northampton, Northamptonshire, NN1 5RX Edited February 7, 2012 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
exiges Posted February 7, 2012 Share Posted February 7, 2012 (edited) http://www.rightmove.co.uk/property-for-sale/property-21793998.html 6 bedroom terraced house for sale £480,000 Town Centre, Northampton Holy hell, that's stupid money for what is essentially a crappy mid terrace with a driveway for other people running under it. Garden grabbed too ! You know how to spoil me ! Edited February 7, 2012 by exiges Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 7, 2012 Share Posted February 7, 2012 (edited) Garden grabbed too ! I thought that too, difficult to see though. Edited February 7, 2012 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
Hugh Jerekshun Posted February 8, 2012 Share Posted February 8, 2012 http://www.rightmove.co.uk/property-for-sale/property-21793998.html 6 bedroom terraced house for sale £480,000 Town Centre, Northampton Is it 2007 again ? did the E.A.s not actual see the crash ? http://www.rightmove.co.uk/property-for-sale/property-36850982.html?premiumA=true 4 bedroom detached house for sale£524,995 Billing Road, Northampton, Northamptonshire, NN1 5RX I must admit I do find the Billing Road house very impressive. Agreed it's a bit overpriced for the area, but it'll be bought by someone very soon I reckon. Maybe someone moving up here from the south-east, where a house like that would be a lot more expensive.40 photos a bit excessive? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 8, 2012 Share Posted February 8, 2012 (edited) I must admit I do find the Billing Road house very impressive. Agreed it's a bit overpriced for the area, but it'll be bought by someone very soon I reckon. Maybe someone moving up here from the south-east, where a house like that would be a lot more expensive.40 photos a bit excessive? I dunno, that's crazy money for a busy main road. As for "Maybe someone moving up here from the south-east"....I think a lot of desperate vendors are waiting/hoping for this. I know of one property that sold at full whack and the agent was amazed, said it was worth 100K less, but someone bought it. ( just think what one could do with 100K ) You must be a right idiot to not pay the local prices though, to buy a house in Northampton at London prices is skewing the whole market for the locals ( as per Cornwall, lake district etc ) and giving false hope to vendors. If someone fro the S.E. is moving hear they should do their research, pay rock bottom local prices and bank the money. If you do your sums using zopla, then this place round the corner, on the park 1 abington Park crescent: http://www.rightmove.co.uk/property-for-sale/property-29042182.html should be worth about the same price as the asking price for this one on the billing road !!!!! 15th Apr 2002 1 Abington Park Crescent, Abington, Northampton NN3 3AD Detached, Freehold, 1 Beds, 1 Baths, 1 Receps - Edit £365,000 Land registry now at early 2004 prices, so in line with the land registry valuation it should be worth about - Zoopla Estimate £545,693 That would push the price of the billing road one right done in my opinion. People buying really need to be on the guard at the moment and start pushing agents for prices at 2004 ( or better still 2002 values ). Edited February 8, 2012 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
exiges Posted February 8, 2012 Share Posted February 8, 2012 http://www.rightmove.co.uk/property-for-sale/property-29042182.html You know you're destined to buy that place don't you ? Quote Link to comment Share on other sites More sharing options...
Hugh Jerekshun Posted February 8, 2012 Share Posted February 8, 2012 Yes, I agree Count, I certainly get the impression that a number of NN houses are aimed at those fleeing London and the SE. The county has been marketing itself to such people (eg The ludicrous 'Londonshire' campaign) and due to its location and much lower house prices it certainly is an option for those looking to relocate. Northants doesn't suit everyone of course, but I know of two ex colleagues, who are looking to sell up (one west of London, one North Kent). They take the view that life's pretty much the same whatever urban area you live in, and a move to NN would be affordable and allows them to remain within striking distance of where they left. One is going to look closely at South Northants (Towcester, attractive they say due to its proximity to MK whilst retaining a rural character-they are a retired couple), the other likes Duston with is mix of old and new properties.Okay the town centre is not pleasant, but most town centres are rubbish nowdays. I get the feeling that the new Upton development was almost entirely aimed at out-of towners. The prices were out of the range of locals, though ironically there's now a number of them there due to unsold dwellings being taken over by social housing. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 8, 2012 Share Posted February 8, 2012 You know you're destined to buy that place don't you ? Already made the decision that we don't want to live there unless it sold around 450. The road is too noisy for us and not sure about the local schools. It's a nice house but Abington park has some very dodgy areas very near by. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 8, 2012 Share Posted February 8, 2012 (edited) Yes, I agree Count, I certainly get the impression that a number of NN houses are aimed at those fleeing London and the SE. The county has been marketing itself to such people (eg The ludicrous 'Londonshire' campaign) and due to its location and much lower house prices it certainly is an option for those looking to relocate. Northants doesn't suit everyone of course, but I know of two ex colleagues, who are looking to sell up (one west of London, one North Kent). They take the view that life's pretty much the same whatever urban area you live in, and a move to NN would be affordable and allows them to remain within striking distance of where they left. One is going to look closely at South Northants (Towcester, attractive they say due to its proximity to MK whilst retaining a rural character-they are a retired couple), the other likes Duston with is mix of old and new properties.Okay the town centre is not pleasant, but most town centres are rubbish nowdays. I get the feeling that the new Upton development was almost entirely aimed at out-of towners. The prices were out of the range of locals, though ironically there's now a number of them there due to unsold dwellings being taken over by social housing. I can't disagree with any of that. Just ask your friends to pay Northants prices and not london prices when they buy I reckon the london effect, if there is such a thing, is keeping the top end houses 20% over valued at present. When london pops though a lot of people will be sitting on a big loss. Sanity will prevail. Edited February 8, 2012 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
exiges Posted February 8, 2012 Share Posted February 8, 2012 I reckon the london effect, if there is such a thing, is keeping the top end houses 20% over valued at present. When london pops though a lot of people will be sitting on a big loss. Sanity will prevail. But will be around to see it ? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 9, 2012 Share Posted February 9, 2012 But will be around to see it ? I hope so. in 2008 it collapsed. Asking prices went down about 25% when my wife had her flat so it can go down very quickly !!! Quote Link to comment Share on other sites More sharing options...
HouseDog Posted February 9, 2012 Author Share Posted February 9, 2012 (edited) The lower end of the market has clearly changed with more auction properties being listed. I'm also seeing a lot of properties on Rightmove advertising that they are 'acting on behalf of the mortgagee' or have a 'Notice Of Offer'. However, the prices people are paying still look high!! For example: http://www.rightmove.co.uk/property-for-sale/property-32303026.html http://www.rightmove.co.uk/property-for-sale/property-21502911.html http://www.rightmove.co.uk/property-for-sale/property-20682318.html http://www.rightmove.co.uk/property-for-sale/property-21645408.html http://www.rightmove.co.uk/property-for-sale/property-31423099.html Allsop Auctions: 16th February 2012 3 Collins Street, Northamptonshire, NN1 4TG Guide Price £70,000+ http://www.auction.co.uk/residential/lotDetailsEmail.asp?A=761&RQ=SR&MP=25&ID=761000077&S=L&O=A&P=1 94 Talbot Road, Northamptonshire, NN1 4JB Guide Price £70,000+ http://www.auction.co.uk/residential/lotDetailsEmail.asp?A=761&RQ=SR&MP=25&ID=761000078&S=L&O=A&P=1 37 Ivy Road, Northamptonshire, NN1 4QS Guide Price £75,000+ http://www.auction.co.uk/residential/lotDetailsEmail.asp?A=761&RQ=SR&MP=25&ID=761000100&S=L&O=A&P=1 73 Abbey Street, St James, Northamptonshire, NN5 5LN Guide Price £55,000+ http://www.auction.co.uk/residential/lotDetailsEmail.asp?A=761&RQ=SR&MP=25&ID=761000160&S=L&O=A&P=1 33 Hood Street, Northamptonshire, NN1 3QT Guide Price £70,000+ http://www.auction.co.uk/residential/lotDetailsEmail.asp?A=761&RQ=SR&MP=25&ID=761000161&S=L&O=A&P=1 96-98 St James Road, Northamptonshire, NN5 5LF Guide Price £75,000 - £100,000 http://www.auction.co.uk/residential/lotDetailsEmail.asp?A=761&RQ=SR&MP=25&ID=761000229&S=L&O=A&P=1 ----- AuctionHouse (Richard Greener) 28th February 2012 43 Raymond Road, St James, Northampton, Northamptonshire, NN5 7DX Guide Price £55,000 - £70,00 http://www.auctionhouse.uk.net/richardgreener/search-results.aspx?lotid=5218 23 Montfort Close, Duston, Northampton, Northamptonshire, NN5 5AN Guide Price £100,000 - £120,000 http://www.auctionhouse.uk.net/richardgreener/search-results.aspx?lotid=5219 Brooklands, The Avenue, Dallington, Northampton, Northamptonshire, NN5 7AJ Guide Price £200,000 - £220,000 http://www.auctionhouse.uk.net/richardgreener/search-results.aspx?lotid=5220 1 Bluebell Court, Abington Vale, Northampton, Northamptonshire, NN3 3XH Guide Price £140,000 - £155,000 http://www.auctionhouse.uk.net/richardgreener/search-results.aspx?lotid=5464 69 High Street, Collingtree, Northampton, Northamptonshire, NN4 0NE Guide Price £150,000 - £180,000 http://www.auctionhouse.uk.net/richardgreener/search-results.aspx?lotid=5546 Building Plot, Glassthorpe Lane, Harpole, Northampton, Northamptonshire, NN7 4DU Guide Price £60,000 - £80,000 http://www.auctionhouse.uk.net/richardgreener/search-results.aspx?lotid=5551 Flat 4 Victoria House, Billing Road, Northampton, Northamptonshire, NN1 5BL Guide Price £110,000 - £120,000 http://www.auctionhouse.uk.net/richardgreener/search-results.aspx?lotid=5538 ----- Edited February 9, 2012 by HouseDog Quote Link to comment Share on other sites More sharing options...
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