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Stingray

Expensive Mistake - Great Bealings

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The Old Vicarage, Great Bealings, Woodbridge IP13 6PB

Per nethouseprices.com this property sold on 21 April for 710K. 1 Aug back on the market with Savills for 750K (Not on website yet). Either Great Bealings is in a communication black spot or the vendors are under the delusion they will be able to recover stamp duty and agent fees and get out clear. Hit on this one should be 100-150K plus costs. Expensive way to spend a few months in the Suffolk countryside.

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The Old Vicarage, Great Bealings, Woodbridge IP13 6PB

More bizarre still. Price reduced to 695K in November 08, still over 100k too high so hasn't sold. Now there's a new agent and a new asking price - what for it - 800K! Silly me - surely if you can't sell you DROP the price? Is there some parallel universe where that rule doesn't apply? Where there's no recession and house prices are soaring? Or do they just like having visitors without having to risk actually selling the house?! :huh:

Edited by sylvia

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It's POA - the agents were saying 800k last week, but now they're saying 700k. Obviously heard the gasps of disbelief on the other end of the line! Still higher than the previous asking price - daft given how long the place has been on the market. If they can keep with their trend and take another £100k off next week, they might be talking....

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The Old Vicarage, Boot Street, Great Bealings, Woodbridge IP13 6PB

You're so right, Dispossessed. Now when it's advertised (only in local papers at the moment, not on-line), it's marked with a 'New Price' marker, and it catches even the best out. An estate agent friend who lives nearby was telling me how the price of the place had been dropped. He chuckled when I told him that 'new price' meant it had actually gone up by £5k - "Fine and Country are good at that sort of thing", he said!

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  • 401 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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      • Even
      • up 2.5%
      • up 5%



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