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  • 5 weeks later...
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  • 5 months later...

Yeah, they've got to fall. There isn't that much selling. I guess there aren't that many qualified buyers to buy.

Witness:

http://www.rightmove.co.uk/property-for-sale/property-35328311.html

http://www.rightmove.co.uk/property-for-sale/property-35208998.html

15% drop in asking in 3 months. Evidently no serious interest. 3-bed with garden in Victorian conversion.

Why isn't this selling when London is supposedly still rising?

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Witness:

http://www.rightmove...y-35328311.html

http://www.rightmove...y-35208998.html

15% drop in asking in 3 months. Evidently no serious interest. 3-bed with garden in Victorian conversion.

Why isn't this selling when London is supposedly still rising?

Some possible reasons:

1. Needs some work doing to it.

2. kitchen tiny (though can extend into the garden in the future)

3. Near to Tulse Hill.

4. Overpriced in the first place!

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  • 2 weeks later...

I bought on Clive Road recently. I had been renting on Martell Road for 2 years and Herne Hill prior to that. I'd been researching for about 18 months.

Thoroughly depressing as a prospective buyer - very limited pool of quality housing. Any quality housing goes within days, and in my experience; in a single day! Irritatingly, I had to enter a sealed bid, after months of frustration and offers being turned down and 'feeling' the market. There is still far too much money, chasing far too little quality housing.

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