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The Sale Of The Century


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Here's my entry:

Those of you that can still get property bee working will notice a discount of £305,000 from the first asking price.

If I was selling a house for a sum in excess of £1mill. I'd at least expect an agent who can write:

...spectacular breathtaking views...

All views, by definition, are spectacular: they can be seen, they are a spectacle. Can no estate agent be employed who understands that redundancy does not equal impact.

Edited by happy?
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Here's my entry:

Those of you that can still get property bee working will notice a discount of £305,000 from the first asking price.

I'm sure there's better out there.

PS no flats allowed, only houses.

Surely the judgment has to be based on percentage decrease, not £s drop?

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Yours is £300k, 20%

I give you: £2million off, 27% off

http://www.rightmove.co.uk/property-for-sa...y-10494330.html

This one went on at the end of May at £7.5million and was dropped to £5.5million in early August.

Big interview with the seller in May:

http://property.timesonline.co.uk/tol/life...icle1741877.ece

"She inherited her entrepreneurial skills from her grandmother, a Romany who sold pegs door to door and then ventured into buying houses, doing them up and selling them on. “She said to me, ‘You’ll never lose money on property’, and she was right."

Ah ha hahahaha ha.

Big puff piece in the Times in July:

http://property.timesonline.co.uk/tol/life...icle4349797.ece

Oh look, her company went bankrupt three days earlier:

http://eastcliffrichard.blogspot.com/2008/...ea-bathing.html

So not a forced sale at all, oh no.

--

mym

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My favourite is in the Kingswood Surrey Mega Plunge thread. http://www.housepricecrash.co.uk/forum/ind...showtopic=70926

Orginally picked up on property snake, reduce from £1,995,000 to £1,599,950 (DOWN 19%) though there is debate as to whether it was typo or not.

The house was then reduced several more times, as logged by property bee in the thread. It eventually was reduced to £995k and has sold for £900k.

Overall taking the original price of £1,995,000 that represents a 55% drop in prime Surrey. Taking the second orignal price in Property Bee, it is still a 44% drop.

Kingswood is really going to suffer with all the City Cash drying up and Small privately owned firms struggling. Prices there had always been froathy, and will probably halve over the next 18 months.

Edited by mikelivingstone
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Kingswood is really going to suffer with all the City Cash drying up and Small privately owned firms struggling. Prices there had always been froathy, and will probably halve over the next 18 months.

Wot again? ;)

I have a good one (825k to 465k) on the Esher thread as you probably know.

Unfortunately it is no longer on RM, so may well have been sold.

Apparently though according to somewhere I read, repos aren't a true reflection of the market value.

Of course they might be when they are the only houses that are selling :lol:

Edited by bobthe~
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Wot again? ;)

I have a good one (825k to 465k) on the Esher thread as you probably know.

Unfortunately it is no longer on RM, so may well have been sold.

Apparently though according to somewhere I read, repos aren't a true reflection of the market value.

Of course they might be when they are the only houses that are selling :lol:

Bob, I'll qualify my previous statement. Halve from peak.

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