TheCountOfNowhere Posted September 1, 2014 Share Posted September 1, 2014 I note the 'estate agent' on the 'Moving from London to St James' thread didn't reappear. It probably didn't workout as he had planned. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 2, 2014 Share Posted September 2, 2014 Another day...another load of sales falling through and price drops for NN1+15 miles. Maybe someone else can confirm what I am seeing so any causal browsers of this forum can get a 2nd opinion. It definitely looks like the market has turned big time. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 2, 2014 Share Posted September 2, 2014 WTF: http://www.rightmove.co.uk/property-for-sale/property-47934281.html " 4 bedroom detached house for sale Tudely Close, Wootton, Northampton £380,000" Peak of the housing bubble that collapsed the banks, circa £320K. Northants land registry still 6% below peak. Who do the agents think will be willing or able to buy ? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 2, 2014 Share Posted September 2, 2014 East hunsburt....£344K...no ta. http://www.rightmove.co.uk/property-for-sale/property-47923346.html There is no way the local market wont collapse now will asking prices like these. Quote Link to comment Share on other sites More sharing options...
HouseDog Posted September 2, 2014 Author Share Posted September 2, 2014 http://www.northamptonchron.co.uk/news/business/northamptonshire-the-focus-for-house-search-on-channel-4-s-location-location-location-1-6274191 Northamptonshire the focus for house search on Channel 4’s Location Location Location "The four bedroom detached house Rinku and Sunder viewed in Crick is still on the market with Long Buckby-based agent Laurence Tremayne for £259,950. Kirstie said the property was one of the ‘worst laid out houses’ she’d ever seen. However she said the family home had a huge amount of space and potential, describing it as a ‘developers dream’." Quote Link to comment Share on other sites More sharing options...
Billy Ray Valentine Posted September 2, 2014 Share Posted September 2, 2014 Another day...another load of sales falling through and price drops for NN1+15 miles. Maybe someone else can confirm what I am seeing so any causal browsers of this forum can get a 2nd opinion. It definitely looks like the market has turned big time. Hi Count, not had internet connection for a while following my move into rental so haven't checked much the last couple of weeks, however looking today on rightmove IMO there are definitely indications that the market has turned. Price reductions, places coming on at slightly lower than equivalent houses wold have come on in the spring, houses still on the market despite being on since the new year etc. One house that had gone SSTC on my old street a few months ago now back on the market with a small reduction. Even at this stage I'm satisfied that my decision to STR has already paid off somewhat, and look forward to watching it unravel from here on in. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 8, 2014 Share Posted September 8, 2014 (edited) Hi Count, not had internet connection for a while following my move into rental so haven't checked much the last couple of weeks, however looking today on rightmove IMO there are definitely indications that the market has turned. Price reductions, places coming on at slightly lower than equivalent houses wold have come on in the spring, houses still on the market despite being on since the new year etc. One house that had gone SSTC on my old street a few months ago now back on the market with a small reduction. Even at this stage I'm satisfied that my decision to STR has already paid off somewhat, and look forward to watching it unravel from here on in. Thanks for the update BRV, glad to see someone else is seeing what I am seeing. The madness continues though: http://www.rightmove.co.uk/property-for-sale/property-48056627.html "5 bedroom detached house for sale Swift Close, Grange Park, Northampton £379,95 " That will be a 3 bed house with 2 rooms in the roof space in an estate next to the motorway then. Jesus is still weeping. Edited September 8, 2014 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 8, 2014 Share Posted September 8, 2014 They were stuggling to sell over priced stuff like this 18 months ago for 220K. http://www.rightmove.co.uk/property-for-sale/property-32208531.html "4 bedroom detached house for sale Hocknell Close, Wootton, Northampton £270,000" Now, a bargain for £270K. Struth, this thing is going to collapse hard. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 10, 2014 Share Posted September 10, 2014 For anyone who doubts the crash is starting to happen: http://www.housepricecrash.co.uk/forum/index.php?/topic/200719-rightmove-bingo-is-back/ "http://www.rightmove...s=10.0&index=20 23 or 28 listings are drops : 82% !!!! Thats NN1+10 last 24 prices up to 130K." Quote Link to comment Share on other sites More sharing options...
Billy Ray Valentine Posted September 10, 2014 Share Posted September 10, 2014 For anyone who doubts the crash is starting to happen: http://www.housepricecrash.co.uk/forum/index.php?/topic/200719-rightmove-bingo-is-back/ "http://www.rightmove...s=10.0&index=20 23 or 28 listings are drops : 82% !!!! Thats NN1+10 last 24 prices up to 130K." Most excellent. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 10, 2014 Share Posted September 10, 2014 Most excellent. That is the most significant movement I have seen in 12 months or more. I could hardly believe my eyes the number of failed sales and price drops today. Looks like the bottom end is falling apart quickly. I think the 2nd steppers will have disappeared now and with London apparently collapsing the top end will be dead to. 2007 was a bad time to buy a house...IMHO 2014 is MUCH worse!!! Quote Link to comment Share on other sites More sharing options...
Billy Ray Valentine Posted September 10, 2014 Share Posted September 10, 2014 That is the most significant movement I have seen in 12 months or more. I could hardly believe my eyes the number of failed sales and price drops today. Looks like the bottom end is falling apart quickly. I think the 2nd steppers will have disappeared now and with London apparently collapsing the top end will be dead to. 2007 was a bad time to buy a house...IMHO 2014 is MUCH worse!!! Yes, agree. Supply slowly ticking up as well in my search for 2+ bed houses up to £200K within 5 miles of NN1, just under 850 on now when it was around the 750 mark for a long time until around a month ago. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 10, 2014 Share Posted September 10, 2014 (edited) Yes, agree. Supply slowly ticking up as well in my search for 2+ bed houses up to £200K within 5 miles of NN1, just under 850 on now when it was around the 750 mark for a long time until around a month ago. Excellent. One other interesting fact...NN1+40 miles auction properties listed shot up to over 200, that's not happened for a good while either. Things like this going to auction, fill me with hope: http://www.rightmove.co.uk/new-homes-for-sale/property-40659193.html?premiumA=true "10/09/2014 Agent changed: Reduced on 09/07/2014 by Taylors Estate Agents 08/09/2014 Price changed: from '£775,000' to '£650,000' 22/06/2014 Price changed: Offers Over £800,000 £775,000 11/06/2014 Status changed: NEW HOME – Premium Listing, With Land, New home, null, null 15/11/2013 Price changed: Guide Price £850,000 Offers Over £800,000 13/11/2013 Subtite changed: Land 6 bedroom detached house 08/10/2013 Price changed: Guide Price £875,000 £850,000 Status changed: NEW HOME – Premium Listing, New home, null, null 20/09/2013 Title changed: High Street, Yelling, St. Neots, Cambridgeshire Cambridgeshire, PE19 10/09/2013 Initial entry found. " I bet someone is glad they didn't buy it on the open market. Or more locally: http://www.rightmove.co.uk/property-for-sale/property-42759851.html 10/09/2014 Agent changed: Reduced on 28/08/2014 by William H. Brown Agent changed: William H. Brown 31/08/2014 Price changed: £275,000 29/08/2014 Price changed: £450,000 Guide Price £275,000 25/08/2014 Price changed: £450,000 14/05/2014 Price changed: Offers in Excess of £475,000 Fixed Price £450,000 06/08/2013 Initial entry found. Finally selling price will be WAY below the initial 475K open marklet asking price. Caveat Emptor. Edited September 10, 2014 by TheCountOfNowhere Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 11, 2014 Share Posted September 11, 2014 It's crazy asking price day today, if you ask me: 5 bedroom house for sale Weston Road, Olney, Buckinghamshire, MK46 £850,000 http://www.rightmove.co.uk/property-for-sale/property-48124631.html 5 bedroom character property for sale Barn Owl Close, East Hunsbury, Northampton, Northamptonshire, NN4 Guide Price £700,00 http://www.rightmove.co.uk/property-for-sale/property-32251965.html 4 bedroom detached house for sale Hodges Lane, Kislingbury, Northampton £495,000 http://www.rightmove.co.uk/property-for-sale/property-32257347.html 4 bedroom detached house for sale Grafton Way, Duston, Northampton, NN5 £435,000 http://www.rightmove.co.uk/property-for-sale/property-48105812.html?premiumA=true 5 bedroom property for sale Badger Lane, Grange Park, Northampton, NN4 £399,950 http://www.rightmove.co.uk/property-for-sale/property-32243586.html 5 bedroom detached house for sale The Ridings,Grange Park, Northampton Offers in Excess of £350,000 http://www.rightmove.co.uk/property-for-sale/property-31946040.html The list just goes on. Looking at the listings, MHO, Harrison Murray ( Aka ( if my memory/facts serves me right) The Nottingham Building Society ) have been trying for 18 months to hammer up prices, so I guess they can lend more to the people they sell their houses too. Has anyone bought a house from HM and got a great deal from the Nortingham Building Society ? The connection between money lenders and people pushing houses on to buyers seem somehow wrong to me and it should be made obvious from the start who the agents ultimately work for. Quote Link to comment Share on other sites More sharing options...
Morning Glory Posted September 11, 2014 Share Posted September 11, 2014 Or more locally: http://www.rightmove.co.uk/property-for-sale/property-42759851.html 10/09/2014 Agent changed: Reduced on 28/08/2014 by William H. Brown Agent changed: William H. Brown 31/08/2014 Price changed: £275,000 29/08/2014 Price changed: £450,000 Guide Price £275,000 25/08/2014 Price changed: £450,000 14/05/2014 Price changed: Offers in Excess of £475,000 Fixed Price £450,000 06/08/2013 Initial entry found. Finally selling price will be WAY below the initial 475K open marklet asking price. Caveat Emptor. I'm also hoping but I'm familiar with that particular house and you're not seeing the full story there. It's been for sale, on and off, since at least 2006 that I'm aware of. Someone in my family looked at it back then and it has several issues. Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted September 12, 2014 Share Posted September 12, 2014 http://www.rightmove.co.uk/property-for-sale/property-31687518.html The description promises a 'landscaped garden'. The picture tells another story. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 15, 2014 Share Posted September 15, 2014 http://www.rightmove.co.uk/property-for-sale/property-31687518.html The description promises a 'landscaped garden'. The picture tells another story. Even Beirut had a "landscape". Seen some crazy asking prices in the middle of the road prices ( aka the crazy 500K prices ). 4 bedroom detached house for sale Tanglewood, Church Lane, Kislingbury, Northampton £570,000 http://www.rightmove.co.uk/property-for-sale/property-43668865.html 5 bedroom detached house for sale Honeysuckle Way, Northampton, NN3 £550,000 http://www.rightmove.co.uk/property-for-sale/property-48175868.html ( Why no picture of the front ? Would it be a view of the pylonds behind the house ? 550K for that, no thanks, 12 months ago bigger better places were over-valued at 400K ) 5 bedroom detached house for sale Park Avenue South, Abington Park, Northampton £549,995 http://www.rightmove.co.uk/property-for-sale/property-32277720.html?premiumA=true ( been up for sale for a long time now, 550K to live on a main road...no thanks ). 5 bedroom detached house for sale West Street, Upton, Northampton, Northamptonshire, NN5 £525,000 http://www.rightmove.co.uk/property-for-sale/property-45218620.html?premiumA=true ( Comedy gold, look at the size of the garden, asking £525K for that is an embarrassment ). 4 bedroom detached house for sale Hodges Lane, Kislingbury, Northampton £495,000 http://www.rightmove.co.uk/property-for-sale/property-32257347.html ( I wouldn't pay 200K for that !!! ). 4 bedroom detached house for sale Grafton Way, Duston, Northampton, NN5 £435,000 http://www.rightmove.co.uk/property-for-sale/property-48105812.html?premiumA=true ( WTF !!!! ). I could go on..... Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted September 15, 2014 Share Posted September 15, 2014 5 bedroom detached house for saleWest Street, Upton, Northampton, Northamptonshire, NN5 £525,000 http://www.rightmove.co.uk/property-for-sale/property-45218620.html?premiumA=true ( Comedy gold, look at the size of the garden, asking £525K for that is an embarrassment ). But the neighbours have a great view into your bedroom! Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted September 15, 2014 Share Posted September 15, 2014 5 bedroom detached house for sale West Street, Upton, Northampton, Northamptonshire, NN5 £525,000 http://www.rightmove.co.uk/property-for-sale/property-45218620.html?premiumA=true ( Comedy gold, look at the size of the garden, asking £525K for that is an embarrassment ). Developers give their houses silly names. I propose they call that one the 'stevie wonder special' Seriously, it looks like they made it from the leftovers of other houses. Looks like the bloody plot is the leftovers from another plot n'all. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 16, 2014 Share Posted September 16, 2014 More comedy today: http://www.rightmove.co.uk/new-homes-for-sale/property-32328357.html but you can get these round the corner for a lot less: http://www.rightmove.co.uk/property-for-sale/property-32325702.html http://www.rightmove.co.uk/property-for-sale/property-43967576.html http://www.rightmove.co.uk/property-for-sale/property-30659751.html And all of those are 50% over priced IMHO !!! Quote Link to comment Share on other sites More sharing options...
pablopatito Posted September 16, 2014 Share Posted September 16, 2014 http://www.rightmove.co.uk/property-for-sale/property-31687518.html The description promises a 'landscaped garden'. The picture tells another story. I don't think that house is too bad, actually. I've always quite fancied this house on the Newport Pagnell Rd, but over 400 grand for a small 3 bed semi? Two of the bedrooms are downstairs as well. http://www.rightmove.co.uk/property-for-sale/property-32323566.html Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 16, 2014 Share Posted September 16, 2014 I don't think that house is too bad, actually. I've always quite fancied this house on the Newport Pagnell Rd, but over 400 grand for a small 3 bed semi? Two of the bedrooms are downstairs as well. http://www.rightmove.co.uk/property-for-sale/property-32323566.html Yeah, when you see those 2007++ prices you just know the world has gone mad. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 17, 2014 Share Posted September 17, 2014 Let's go round again. http://www.rightmove.co.uk/property-for-sale/property-48226556.html Quote Link to comment Share on other sites More sharing options...
pablopatito Posted September 18, 2014 Share Posted September 18, 2014 It's getting ridiculous now. A 2 bed semi with a loft conversion for £230k? F off! You could buy a 4 bed detached for that money four years ago. http://www.rightmove.co.uk/property-for-sale/property-48240794.html I don't even find it funny anymore! Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted September 19, 2014 Share Posted September 19, 2014 It's getting ridiculous now. A 2 bed semi with a loft conversion for £230k? F off! You could buy a 4 bed detached for that money four years ago. http://www.rightmove.co.uk/property-for-sale/property-48240794.html I don't even find it funny anymore! Seeing things calm down a bit elsewhere and lots of drops now: e.g.: http://www.rightmove.co.uk/property-for-sale/property-30467004.html 19/09/2014 Price changed: from 'Sold STC £310,000' to '£310,000' Status changed: from 'Sold STC' to 'null' 24/07/2014 Status changed: from 'null' to 'Sold STC' Price changed: from '£310,000' to 'Sold STC £310,000' 19/05/2014 Initial entry found. £310K to live there...THINK NOT. http://www.rightmove.co.uk/property-for-sale/property-48261131.html £284K....back to 2005 asking prices round there. Something is affoat, thats for sure. Quote Link to comment Share on other sites More sharing options...
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