IP Newcomer Posted March 22, 2008 Share Posted March 22, 2008 I want to see if this can become a bloodbath thread as we watch some prices get slashed in Ipswich. So to start: Elm Street 2 Bed Reduced from £131,500 to £119,995 http://www.rightmove.co.uk/viewdetails-164...30&tr_t=buy 1 Bed Reduced from £121,000 to £112,500 http://www.rightmove.co.uk/viewdetails-164...22&tr_t=buy Spencers Court 2 Bed Reduced from £124,995 to £119,995 http://www.rightmove.co.uk/viewdetails-192...30&tr_t=buy Mariner's Court 1 Bed No reductions but £500 towards legal fees and £5000 towards furniture http://www.rightmove.co.uk/viewdetails-999...25&tr_t=buy Churchmans House 1 Bed Reduced from £138,646 to £114,950 (not a typo) http://www.rightmove.co.uk/viewdetails-841...24&tr_t=buy Quote Link to comment Share on other sites More sharing options...
waitingandsaving Posted March 22, 2008 Share Posted March 22, 2008 Just the title "bloodbath thread" wins it for me! I'm pretty sure the price slashing is well under way now... Are you running property bee to get the reductions? If so, how well/quickly are things moving? Quote Link to comment Share on other sites More sharing options...
MattW Posted March 23, 2008 Share Posted March 23, 2008 Very good! Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted March 24, 2008 Author Share Posted March 24, 2008 Just the title "bloodbath thread" wins it for me!I'm pretty sure the price slashing is well under way now... Are you running property bee to get the reductions? If so, how well/quickly are things moving? Been running Property Bee for a month now. Rather gutted that I didn't put it in sooner. It's not just good at telling you which prices are dropping but how long some properties have been on the market. Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted March 24, 2008 Author Share Posted March 24, 2008 Modus, Duke Street 2 Bedroom Shared Ownership 120,000 to 108,000 AND 5% deposit paid http://www.rightmove.co.uk/viewdetails-848...14&tr_t=buy 1 Bedroom Shared Ownership 103,000 to 95,000 AND 5% deposit paid http://www.rightmove.co.uk/viewdetails-905...16&tr_t=buy 2 Bedroom Shared Ownership (50%) 60,000 to 55,000 AND 5% deposit paid http://www.rightmove.co.uk/viewdetails-848...16&tr_t=buy (That's just a sample of this particular open wound) Elm Street (again) 1 Bedroom £110,500' to £99,995 (BUT Losing 5% deposit paid) http://www.rightmove.co.uk/viewdetails-999...15&tr_t=buy For the sake of completeness I've also found a couple of increases: Regatta Quay 1 Bed Flat 139,000 to 159,000 http://www.rightmove.co.uk/viewdetails-199...=5&tr_t=buy Pownall Road 1 Bed Retirement Flat £122,000 to £124,995 http://www.rightmove.co.uk/viewdetails-164...11&tr_t=buy Quote Link to comment Share on other sites More sharing options...
waitingandsaving Posted April 15, 2008 Share Posted April 15, 2008 (edited) From the Norfolk and Norwich Auctions thread - a couple in Ipswich in the auction tomorrow - the stats already look good on them - don't know how new build they are though... Flat 24, Revetts Building, 59 Norwich Road, Ipswich IP1 2EP – Sold 26th August 2005 £275,000 Sold 21st November 2005 £250,000 Guide Price April 2008 - £125,000 Flat 23 is also on with a GP £125k I'd say a £25,000 loss in 3 months in 2005 is good going, £125,000 loss (if it sells for GP) in 29 months is still over £4,000 per month loss Edited April 15, 2008 by waitingandsaving Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted May 7, 2008 Author Share Posted May 7, 2008 I've got a new one for you: http://www.rightmove.co.uk/viewdetails-841...=3&tr_t=buy 1 bedroom apartment Portman Road (right next to the Stadium) 23rd Feb 2008 - Initially found at £138,646 22nd Mar 2008 - Price changed: from '£138,646' to '£114,950' 7th May 2008 - Price changed: from '£114,950' to '£105,950' 23.5%! Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted May 7, 2008 Author Share Posted May 7, 2008 (edited) And add this: Ipswich Waterfront http://www.rightmove.co.uk/viewdetails-186...=5&tr_t=buy Price changed: from '£175,995' to '£149,995' I've been avoiding shared ownership but this is too good: Modus, Duke Street, Ipswich, IP3 http://www.rightmove.co.uk/viewdetails-848...10&tr_t=buy Price changed: from 'Shared ownership £108,000' to 'Shared ownership £55,000' Edited May 7, 2008 by IP Newcomer Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted June 28, 2008 Author Share Posted June 28, 2008 Three from Barretts, all at Foxgrove Gardens, Celestion Drive, Ipswich, IP3: Four bedroom house http://www.rightmove.co.uk/viewdetails-189...=1&tr_t=buy Price changed: from 'From £215,000' to 'From £199,995' Two bed apartment http://www.rightmove.co.uk/viewdetails-189...=1&tr_t=buy Price changed: from 'From £135,000' to 'From £119,995' Two bed apartment http://www.rightmove.co.uk/viewdetails-189...=1&tr_t=buy Price changed: from 'From £135,000' to 'From £114,995' Quote Link to comment Share on other sites More sharing options...
IP Newcomer Posted June 28, 2008 Author Share Posted June 28, 2008 The Vista development is also having some trouble. They claim that the prices are "Easybuy" prices, whatever that means: 1 bed flat http://www.rightmove.co.uk/viewdetails-101...=3&tr_t=buy Price changed: from 'From £107,500' to '£80,625' However... Property Bee tells me that on 5th June the property came down from £112,500 - 28% cut Another 1 bed flat: http://www.rightmove.co.uk/viewdetails-100...=4&tr_t=buy Price changed: from 'From £110,000' to '£82,500' ..previously at £115,000 - also a 28% cut For the sake of completeness I also give you: 1 bed flat, regatta quay http://www.rightmove.co.uk/viewdetails-199...=5&tr_t=buy Price changed: from 'From £119,000' to 'From £108,995' I'm deliberately limiting this to apartments, although quite a few new build houses are also suffering. 2 bed house, Blakenham Park http://www.rightmove.co.uk/viewdetails-531...14&tr_t=buy Price changed: from '£156,000' to '£149,500' Quote Link to comment Share on other sites More sharing options...
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