quine Posted June 29, 2017 Share Posted June 29, 2017 16 minutes ago, longgone said: 30% plus ? No, that's just happening in Aberdeen at the moment. Not here (yet) Quote Link to comment Share on other sites More sharing options...
longgone Posted June 29, 2017 Share Posted June 29, 2017 3 minutes ago, quine said: No, that's just happening in Aberdeen at the moment. Not here (yet) Happy to pay Pre HTB prices 1 beds 180-200k 2 beds 210-250k with a nice offer on top when you speak to your EA mate tell him to start hammering it into Thick owners and ex landlords minds how to price up. Quote Link to comment Share on other sites More sharing options...
ktgal Posted June 29, 2017 Share Posted June 29, 2017 Thank you @worried1 and @longgone :-) Quote Link to comment Share on other sites More sharing options...
longgone Posted June 30, 2017 Share Posted June 30, 2017 13 hours ago, ktgal said: Thank you @worried1 and @longgone :-) why not offer 220k for the one behind the station . they are probably looking for 250k anyway. Quote Link to comment Share on other sites More sharing options...
longgone Posted July 29, 2017 Share Posted July 29, 2017 On 5/22/2017 at 11:38 AM, longgone said: could be a new record for a 1 bed place no bigger than a decent size 2 bed. http://www.rightmove.co.uk/property-for-sale/property-59641720.html 300k would have been over the top but i probably would pay that for it , even in today`s crazy market. sold Quote Link to comment Share on other sites More sharing options...
longgone Posted July 31, 2017 Share Posted July 31, 2017 3 hours ago, satch said: 25k deposit, 300k mortgage with 200k from me and some other taxpayers via HtB .... so the sums will work out to be cheaper than renting .... what could possibly go wrong??? And the builder gets his 500k so trebles all round and only 700sqft fooking nuts ! looks 300k on a very expensive day to me Quote Link to comment Share on other sites More sharing options...
longgone Posted August 2, 2017 Share Posted August 2, 2017 On 7/31/2017 at 2:10 PM, satch said: 25k deposit, 300k mortgage with 200k from me and some other taxpayers via HtB .... so the sums will work out to be cheaper than renting .... what could possibly go wrong??? And the builder gets his 500k so trebles all round it`s back for sale the old under offer not under offer trick. i fancy offering 195k and see what the reply is Quote Link to comment Share on other sites More sharing options...
longgone Posted August 4, 2017 Share Posted August 4, 2017 i have found the perfect house i think https://www.onthemarket.com/details/3543471/ Quote Link to comment Share on other sites More sharing options...
worried1 Posted August 22, 2017 Share Posted August 22, 2017 Asking prices seem to have been coming down very nicely during 2017, so I thought I could give up with my obsession of finding someone in the area asking £1,000 per sqft for their house. There were a couple of tiny studio flats that hit that benchmark, but not a 'proper' flat or house. Then I happened to be browsing Rightmove, and noticed this one. The first thing that hit me was the price itself - £750k is a lot of money for one of these houses on this road. It is a nice enough road, but stuck too far away from either Surbiton or Kingston to get into this price bracket. The highest price that one of these houses have ever sold for is £595k, but I suppose they could get more if they had done one of the currently fashionable box-style rear kitchen/diner extensions and put a bedroom/bathroom in the loft. This one has got neither, it still has the original galley kitchen and some very small bedrooms. 771sqft makes the asking price £973 per sqft. I very much doubt anything has ever sold for that in Surbiton's river roads or north Kingston's premier spots. It actually makes it more expensive than houses in Teddington and most of Richmond. http://www.rightmove.co.uk/property-for-sale/property-50118915.html This time last year, I would have shrugged and said 'but someone will buy it', but surely this one will have to have some big reductions? Quote Link to comment Share on other sites More sharing options...
Flopsy Posted August 22, 2017 Share Posted August 22, 2017 On 8/4/2017 at 4:49 PM, longgone said: i have found the perfect house i think https://www.onthemarket.com/details/3543471/ I love this part! "The owner of this property is a personal friend of the owner of Latimer Estate Agents." Quote Link to comment Share on other sites More sharing options...
Flopsy Posted August 22, 2017 Share Posted August 22, 2017 1 hour ago, worried1 said: http://www.rightmove.co.uk/property-for-sale/property-50118915.html This time last year, I would have shrugged and said 'but someone will buy it', but surely this one will have to have some big reductions? It's coming up as removed from the market now. I'll got Property Bee and the only one in Portland Road I can see is this one here http://www.rightmove.co.uk/property-for-sale/property-68361023.html Quote Link to comment Share on other sites More sharing options...
longgone Posted August 22, 2017 Share Posted August 22, 2017 2 hours ago, Flopsy said: I love this part! "The owner of this property is a personal friend of the owner of Latimer Estate Agents." "The owner of latimer estate agents told his mate to sell up, as soon it will only be worth as much as a garage again, but he missed the boat already" Quote Link to comment Share on other sites More sharing options...
longgone Posted August 22, 2017 Share Posted August 22, 2017 1 hour ago, Flopsy said: It's coming up as removed from the market now. I'll got Property Bee and the only one in Portland Road I can see is this one here http://www.rightmove.co.uk/property-for-sale/property-68361023.html i only look at pre HTB prices so 2008 - 2012 , anything after this is boosted by funny money from carney. ignore all housing unless it reaches those levels again Quote Link to comment Share on other sites More sharing options...
worried1 Posted August 23, 2017 Share Posted August 23, 2017 14 hours ago, Flopsy said: It's coming up as removed from the market now. I'll got Property Bee and the only one in Portland Road I can see is this one here http://www.rightmove.co.uk/property-for-sale/property-68361023.html It looks as though they pulled the listing and re-listed at the 'proper' price to try and avoid Rightmove showing it as a reduction. It didn't work though, Rightmove showing it as 'reduced today' to £595k: http://www.rightmove.co.uk/property-for-sale/property-50127630.html Quote Link to comment Share on other sites More sharing options...
worried1 Posted August 23, 2017 Share Posted August 23, 2017 15 hours ago, Flopsy said: I love this part! "The owner of this property is a personal friend of the owner of Latimer Estate Agents." I wonder what on earth they think that the relevance of that is! I didn't even realise that Latimer were still going. They are a one-office operation based in the middle of nowhere (as far as you can get in suburbia) between Kingston and Surbiton. I don't know how they do enough business to survive. There are a few EAs like that in the area. Another is Avery Cole. They are based in the centre of Surbiton and seem to have a few flats that come up for rent every few years. They seem to have moved out of sales altogether, so I suppose the rental income must be enough to keep them going. Quote Link to comment Share on other sites More sharing options...
Flopsy Posted August 23, 2017 Share Posted August 23, 2017 22 minutes ago, worried1 said: I wonder what on earth they think that the relevance of that is! I didn't even realise that Latimer were still going. They are a one-office operation based in the middle of nowhere (as far as you can get in suburbia) between Kingston and Surbiton. I don't know how they do enough business to survive. There are a few EAs like that in the area. Another is Avery Cole. They are based in the centre of Surbiton and seem to have a few flats that come up for rent every few years. They seem to have moved out of sales altogether, so I suppose the rental income must be enough to keep them going. I think it might be a legal requirement for agents to include in any ads if properties belong to anyone related to them. p.s. thanks for posting the link to the new price Quote Link to comment Share on other sites More sharing options...
Mrs Bear Posted August 24, 2017 Share Posted August 24, 2017 (edited) 22 hours ago, Flopsy said: I think it might be a legal requirement for agents to include in any ads if properties belong to anyone related to them. p.s. thanks for posting the link to the new price Yes, I'm pretty sure they are obliged to declare any personal interest. Ages ago we looked at a flat on Putney Heath - it was a BTL and was openly stated in the blurb that it belonged to one of the EA staff. Made an offer, only to be told, yes, OK, but only if you can exchange today. Well, of course we couldn't. I did think it was odd, but it wasn't until seeing the sold price a few months later that I realised they'd only been going through the motions of having it on the open market. Sold price was WAY below our offer. Would guess that the owner sold cheaply either to a son or daughter, or to a mate, cutting CGT, which would have been hefty, and maybe brown envelopes. Dodgy buggers indeed. The EA who showed us the flat was butter-wouldn't-melt, and told me his father was a vicar! Edited August 24, 2017 by Mrs Bear Quote Link to comment Share on other sites More sharing options...
worried1 Posted September 4, 2017 Share Posted September 4, 2017 Just as I thought asking prices might be softening a bit, this comes up: http://www.rightmove.co.uk/property-for-sale/property-61584439.html The highest sold price on this road is £1.18m earlier this year for a house roughly the same size, but a different configuration (loft conversion rather than bigger first floor extension. I remember asking on this very thread when standard 1920s/30s suburban semis in Kingston/Surbiton would pass £1m. It doesn't seem like that long ago, but £1m seems a very standard price for them now in some roads. This particular one is significantly extended and in one of the very most expensive roads (for this type of house) in the area, but until recently £1.4m bought you a detached house with a big-ish garden Quote Link to comment Share on other sites More sharing options...
naturals Posted September 5, 2017 Share Posted September 5, 2017 Already taken down and relisted with the same agent. Any idea why they'd to that? New listing is here. Quote Link to comment Share on other sites More sharing options...
worried1 Posted September 7, 2017 Share Posted September 7, 2017 On 05/09/2017 at 9:41 AM, naturals said: Already taken down and relisted with the same agent. Any idea why they'd to that? New listing is here. No idea at all. They sometimes relist with a different price if they get it wrong in the first place, but not this time. Quote Link to comment Share on other sites More sharing options...
worried1 Posted September 7, 2017 Share Posted September 7, 2017 This one came on the market last year and was withdrawn after a while. I like the fact that the description mentions that it is 'ideal for commuters from Surbiton station'. I wonder how many people that commute from Surbiton station are in the market for a house at £7.5m? http://www.rightmove.co.uk/property-for-sale/property-50428497.html It is a lovely house though and apart from the Coombe estate, it is in one of the only areas in the borough where such a large house could possibly survive without being replaced with blocks of flats or, at best, converted into flats. I suppose it is not a ridiculous as it seems in today's crazy market. £1m income = £5m mortgage at 2%, so £8,333 per month interest only! Good luck finding too many of those, though. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted September 7, 2017 Share Posted September 7, 2017 2 minutes ago, worried1 said: This one came on the market last year and was withdrawn after a while. I like the fact that the description mentions that it is 'ideal for commuters from Surbiton station'. I wonder how many people that commute from Surbiton station are in the market for a house at £7.5m? http://www.rightmove.co.uk/property-for-sale/property-50428497.html It is a lovely house though and apart from the Coombe estate, it is in one of the only areas in the borough where such a large house could possibly survive without being replaced with blocks of flats or, at best, converted into flats. I suppose it is not a ridiculous as it seems in today's crazy market. £1m income = £5m mortgage at 2%, so £8,333 per month interest only! Good luck finding too many of those, though. It is £811 per square foot - which seems a lot. This one http://www.rightmove.co.uk/property-for-sale/property-49575900.html is is £688 per square foot so you don't get more for your money at more expensive prices. Quote Link to comment Share on other sites More sharing options...
worried1 Posted September 7, 2017 Share Posted September 7, 2017 52 minutes ago, iamnumerate said: It is £811 per square foot - which seems a lot. This one http://www.rightmove.co.uk/property-for-sale/property-49575900.html is is £688 per square foot so you don't get more for your money at more expensive prices. In the pre-bubble days, it always used to be inverse - you'd pay much more per sqft for a small place than a large place. As with the market itself, price per sqft seems to be all over the place now. Tiny flats that shouldn't really exist (c.250 sqft) are pushing on towards £1,000 per sqft in this area, normal flats go for much less and then houses seem to push up a bit again. I think that the classic extended-semi goes for a lower £ per sqft than a house which was genuinely that large to start with. I saw this one the other day, which looked very cheap (for this market!), but is also very small. http://www.rightmove.co.uk/property-for-sale/property-61602556.html 896 sqft makes it £558 per sqft which isn't really that cheap for a house in a less desirable part of the area in need of modernisation, but if the buyer throws in another £150k for loft and two-storey rear extension as well as general refurb then they will have spent £433 per sqft which is actually not bad given the market. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted September 7, 2017 Share Posted September 7, 2017 On 8/23/2017 at 10:18 AM, worried1 said: It looks as though they pulled the listing and re-listed at the 'proper' price to try and avoid Rightmove showing it as a reduction. It didn't work though, Rightmove showing it as 'reduced today' to £595k: http://www.rightmove.co.uk/property-for-sale/property-50127630.html Just down the road from the sewage works. Quote Link to comment Share on other sites More sharing options...
longgone Posted September 8, 2017 Share Posted September 8, 2017 On 07/09/2017 at 3:50 PM, iamnumerate said: It is £811 per square foot - which seems a lot. This one http://www.rightmove.co.uk/property-for-sale/property-49575900.html is is £688 per square foot so you don't get more for your money at more expensive prices. Nice 15 quid heaters lol Quote Link to comment Share on other sites More sharing options...
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