Lee Harvey Oswald Posted February 7, 2008 Report Share Posted February 7, 2008 I've got to go out!!!!!Can someone post the result for 135 for me. Thanks. Sold: £80,500 Quote Link to post Share on other sites
pokissimo Posted February 7, 2008 Report Share Posted February 7, 2008 I've got to go out!!!!!Can someone post the result for 135 for me. Thanks. Lot 135: Sold £85,500 Quote Link to post Share on other sites
ScaredEitherWay Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 135: Sold £85,500 Flat 1 sold in Sep 2005 for £118k Flat 5 sold in Jul 2005 for £105k Flat 9 sold in Jun 2005 for £108k Quote Link to post Share on other sites
pokissimo Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 135: Sold £85,500 Quote Link to post Share on other sites
M21er Posted February 7, 2008 Author Report Share Posted February 7, 2008 (edited) Must admit that I was a little disappointed when I forst logged on, and started to compare the sale prices to the reserves. The thing to do is to ignore the reserves, and to compare to the previous sold price.I feel like Christmas has come again; I have waited so long for this moment where there is no doubt that the market has turned. As the market is built on sentiment, and negative stories appear to be the flavour of the moment, is there anyway that we can get some journalist hack to write a piece on this, citing examples of the losses being suffered? Does anyone have any contacts? Hi I e mailed Paul Murphy at the FT. He's put a quick article up on their AlphaVille mini website with a link to this discussion and also to the barnard Marcus live link. Regards M21er FT AlphaVille Edited February 7, 2008 by M21er Quote Link to post Share on other sites
Basil Fawlty Posted February 7, 2008 Report Share Posted February 7, 2008 lots 82/3 same falt differnt price82 sold at 152k,83 at 145.5k.Vendor HBOS.Someone just gone negative to the vlaue of 6k.The views in Brum are all the same!! Lost even more now as lot 133 in the same block http://www.rightmove.co.uk/viewdetails-167...=1&tr_t=buy went for £134,500. Last purchase for this flat was 02 Dec 2003 72 Apartment 18 Centenary Plaza, Holliday Street, Birmingham, West Midlands B1 1TB Flat (New build) Leasehold £224,980 Quote Link to post Share on other sites
Matt Bear Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 138 looks odd/interesting. Being sold by HBOS mortgagee in possession. Looks quite nice newish stone/slate. Unsold at £185k. Previous price £40k July 2002. 138 39 Far Dene, Kirkburton, Huddersfield, West Yorkshire, HD8 19/07/2002 £40,001 Det. F No Map 39, Far Dene, Kirkburton, Huddersfield, West Yorkshire, HD8 0QU Quote Link to post Share on other sites
ScaredEitherWay Posted February 7, 2008 Report Share Posted February 7, 2008 (edited) Lot 140 was new/sold in Sep 2006 for £250k. Oh dear. Sold at £155k Apartment 3604, 10 Holloway Circus Queensway, Birmingham, West Midlands, B1 http://www.nethouseprices.com/index.php?co...rder=streetDESC Edited February 7, 2008 by ScaredEitherWay Quote Link to post Share on other sites
pokissimo Posted February 7, 2008 Report Share Posted February 7, 2008 Guess the Birmingham 2 bed "executive" flat is going to be the ground-zero for the crash: 140 Apartment 3604, 10 Holloway Circus Queensway, Birmingham, West Midlands, B1 Sold: 155,000 Last sale price: 22/09/2006 £250,000 Flat L No Map 10, 3604 Apartment, Holloway Circus Queensway, Birmingham, West Midlands, B1 1BY So - this flat has lost 95,000 in "value" in 16 months or about 6 grand a month! Quote Link to post Share on other sites
Daft Boy Posted February 7, 2008 Report Share Posted February 7, 2008 (edited) Lost even more now as lot 133 in the same block http://www.rightmove.co.uk/viewdetails-167...=1&tr_t=buy went for £134,500.Last purchase for this flat was 02 Dec 2003 72 Apartment 18 Centenary Plaza, Holliday Street, Birmingham, West Midlands B1 1TB Flat (New build) Leasehold £224,980 the real value of these prime location city centre flats in birmingham is about £50K. Bring it on baby Sorry,I forgot to include carpets and curtains in the price. Edited February 7, 2008 by Daft Boy Quote Link to post Share on other sites
Nicholas Cage Posted February 7, 2008 Report Share Posted February 7, 2008 HiI e mailed Paul Murphy at the FT. He's put a quick article up on their AlphaVille mini website with a link to this discussion and also to the barnard Marcus live link. Regards M21er FT AlphaVille It's a good point, watching it in real time, imagine trying to work out prices and live auction results 15 years ago. Quote Link to post Share on other sites
Soon my pretties Posted February 7, 2008 Report Share Posted February 7, 2008 Isn't it marvellous to see the markets finally responding properly to rate cuts. Banks cut rates is because they see bad times a coming. This is the first day I can remember in years where the FTSE and sentiment as shown by this auction is negative rather than positive after a rate cut. Normalcy could be returning....in which case house prices will fall 40% in real terms and the FTSE will be go to about 2500 (although I'm tempted to hold out until it dips below 2000). Quote Link to post Share on other sites
mitchbux Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 135: Sold £85,500 Thanks for that, children can be a bloomin nuisance at times. Bought July 05 for £105K. The owner of Flat 1 - bought for £118K in Sep 05 - has something to worry about! Quote Link to post Share on other sites
ScaredEitherWay Posted February 7, 2008 Report Share Posted February 7, 2008 Thanks for that, children can be a bloomin nuisance at times.Bought July 05 for £105K. The owner of Flat 1 - bought for £118K in Sep 05 - has something to worry about! Don't be ridiculous. Property only ever goes up - and all the owner of Flat 1 has to do is wait for the spring bounce. It'll all be back to normal and 20% HPI by Easter. Just in time to re-fix the mortgage for another 2 years and MEW for that Summer holiday Quote Link to post Share on other sites
ScaredEitherWay Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 156: 17 Allard, Tamworth, Staffordshire Sold Jun 2006 at £140k http://www.nethouseprices.com/index.php?co...mp;pcsaCode=B77 Today sold at £106k Quote Link to post Share on other sites
pokissimo Posted February 7, 2008 Report Share Posted February 7, 2008 I'm waiting to see what happens with lots 197 and 198: See if the Nottingham two-bedder is a worse investment than the Birmingham city-centre-shocker! Obviously bought by the same person in those heady days of June '06 19/06/2006 £139,000 Flat L Yes Brook Court, 23 Apartment, Player Street, Nottingham, City Of Nottingham, NG7 5PP 27/06/2006 £139,000 Flat L Yes Brook Court, 36 Apartment, Player Street, Nottingham, City Of Nottingham, NG7 5PP Guide price of 65K each --- Quote Link to post Share on other sites
mitchbux Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 156 17 Allard, Tamworth, Staffordshire, B77 2RA. Sold £106K Bought June 06 for £140K. Anybody getting full of bear food yet? Quote Link to post Share on other sites
alexdodo Posted February 7, 2008 Report Share Posted February 7, 2008 I'm waiting to see what happens with lots 197 and 198: See if the Nottingham two-bedder is a worse investment than the Birmingham city-centre-shocker!Obviously bought by the same person in those heady days of June '06 19/06/2006 £139,000 Flat L Yes Brook Court, 23 Apartment, Player Street, Nottingham, City Of Nottingham, NG7 5PP 27/06/2006 £139,000 Flat L Yes Brook Court, 36 Apartment, Player Street, Nottingham, City Of Nottingham, NG7 5PP Guide price of 65K each --- These 2 will be interesting. They're about 100 metres further into Basra/Beirut than the ones in Panorama. Quote Link to post Share on other sites
Nicholas Cage Posted February 7, 2008 Report Share Posted February 7, 2008 (edited) 02/09/2005 £176,950 Ter. F Yes Map 25, New Bridge Gardens, Bury, Greater Manchester, BL9 9PJ Lot 162 25 New Bridge Gdns, Bury, Lancashire, BL9 Sold 155K Loss £21,950 Edited February 7, 2008 by maxwell Quote Link to post Share on other sites
pokissimo Posted February 7, 2008 Report Share Posted February 7, 2008 These 2 will be interesting. They're about 100 metres further into Basra/Beirut than the ones in Panorama. Of course, as an outside "investor" who'll never see them in the flesh - they look like a wonderful bargain to me for 65K each! Surely I can rent them out for 550 a month each to young "professionals" and turn a nearly 10% yield Quote Link to post Share on other sites
mitchbux Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 15617 Allard, Tamworth, Staffordshire, B77 2RA. Sold £106K Bought June 06 for £140K. Anybody getting full of bear food yet? Beat me to it SEW, I've had my flow broken by two phone calls - both of them ruddy EA's!! Quote Link to post Share on other sites
Nicholas Cage Posted February 7, 2008 Report Share Posted February 7, 2008 19/01/2006 £250,000 Flat L No Map 80, Flat 14, Park Lane, Croydon, Greater London, CR0 1JE 03/02/2004 £118,000 Flat L Yes Map 80, Flat 14, Park Lane, Croydon, Greater London, CR0 1JE Lot 167 Flat 14, 80 Park La, Croydon, Surrey, CR0: Sold £110,000 There must be something wrong here, how does somone lose £140K, are the lots renumbered? Quote Link to post Share on other sites
Soon my pretties Posted February 7, 2008 Report Share Posted February 7, 2008 19/01/2006 £250,000 Flat L No Map 80, Flat 14, Park Lane, Croydon, Greater London, CR0 1JE03/02/2004 £118,000 Flat L Yes Map 80, Flat 14, Park Lane, Croydon, Greater London, CR0 1JE Lot 167 Flat 14, 80 Park La, Croydon, Surrey, CR0: Sold £110,000 There must be something wrong here, how does somone lose £140K, are the lots renumbered? Are you kidding? Its called a house price crash! Right...I've had enough of watching this online. I'm up the road from the auction so going to pop down there and see what the atmosphere/chat is like in the room. Anyone else fancy meeting down there? Nr. Piccadilly Circus. Quote Link to post Share on other sites
Daft Boy Posted February 7, 2008 Report Share Posted February 7, 2008 Lot 167 Flat 14, 80 Park La, Croydon, Surrey, CR0: Sold £110,000There must be something wrong here, how does somone lose £140K, are the lots renumbered? Its only a paper loss. Unless of course some mug paid cash a couple of years ago Quote Link to post Share on other sites
mitchbux Posted February 7, 2008 Report Share Posted February 7, 2008 Are you kidding? Its called a house price crash!Right...I've had enough of watching this online. I'm up the road from the auction so going to pop down there and see what the atmosphere/chat is like in the room. Anyone else fancy meeting down there? Nr. Piccadilly Circus. Wish I could but I'm in Derbyshire. I've got to go on the school run again soon, so I'll probably miss the Basra apartments. I used to be a student at NTU, it was bad there then, so I dread to think how rough it has got. I noticed the security fence round the building, no where near high enough in my opinion. Quote Link to post Share on other sites
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