Average House looses £20,000 !!

WTF?_2

mr.broderick wrote: »

They are just correcting slightly imho, We have received a planning application notice throught the post today, they are building 24 new houses just round the corner, came as quite a surprise.

You must be thrilled about that.

I had my eye on a nice street near me for a possible future property purchase. It was ideal, close to the main road but at the edge of an area of housing backing on to open grounds used for playing fields so the street itself was quite quiet in terms of traffic with just the residents using it really.

You can guess what happened next - school sold a corner of the field adjacent to the street where developers promptly built loads of 'luxury flats' (seems to be around 20 or more apartments) so the street will now be really busy and it doesn't look like they left much provision for parking either, so plenty of pressure of parking spaces locally.

No-one seems to have bought any of the completed flats yet (not surprising at the prices they are asking) but there's no going back now and the street is ruined.

I'm annoyed, but probably not as annoyed as the existing residents. So I'd advise you to oppose strenuously.

mr.broderick

!!!!!!? wrote: »

You must be thrilled about that.

I had my eye on a nice street near me for a possible future property purchase. It was ideal, close to the main road but at the edge of an area of housing backing on to open grounds used for playing fields so the street itself was quite quiet in terms of traffic with just the residents using it really.

You can guess what happened next - school sold a corner of the field adjacent to the street where developers promptly built loads of 'luxury flats' (seems to be around 20 or more apartments) so the street will now be really busy and it doesn't look like they left much provision for parking either, so plenty of pressure of parking spaces locally.

No-one seems to have bought any of the completed flats yet (not surprising at the prices they are asking) but there's no going back now and the street is ruined.

I'm annoyed, but probably not as annoyed as the existing residents. So I'd advise you to oppose strenuously.

Yeah it is a private development, we live in a quiet cul-de-sac and where it meets the main road just opposite set back behind a field is an old body shop which is derelict. This is where the development is planned. It is a bit of an eye sore at the moment but i am not sure 24 houses will be good for this quiet little area. We will not oppose though as there is a shortage of houses around here and prices are high because of this, will make prices more competitive for ftb'ers which is a good thing in my opinion. We have until the 28th august to oppose.

ginvzt

I would oppose to the number of the houses they are going to build - are you sure there will be enough parking left for extra 50+ cars (most families no have 2 cars, plus the visitors, etc)? It can affect your quality of life. Think carefully...

drbeat

mr.broderick wrote: »

they are building 24 new houses just round the corner, came as quite a surprise.

Land price plays a massive part in house prices. It maybe that the owner of the land has now decided to develop it because builders/developers etc are desperate for work so the land owner is now in a position to negotiate a good deal on labour and material costs.

You may also find that the land was purchased a long time ago at a cheap price or - as mentioned above - the current owner has decided to develop.

If the plots are all crammed together with tiny little gardens - or no gardens - then its most likely that the land was purchased at a high price so the developer needs to maximise the return. If they're all spaced out quite nicely then the land price/return isn't an issue and the houses will most likely be on the market for less then what we think.

Are you able to look at the plans?

BobProperty

Your local authority will have a planning guide along the lines of "1.6 parking spaces per dwelling/bedroom" (I can't remember exactly what they are). The developer will have to provide x off road car spaces for y dwellings as part of the PP.
(What you worried about anyway Brodders? Don't you need to sell them some cars to fill their parking spaces?)

BiggaThanBen

mitchaa wrote: »

Noooooooooo!!!!!!!!

What on earth does looses mean

Lose and loose are 2 totally different words;)

The 4 letter word means you have lost something
The 5 letter word means you are slackening something.

Sorry, but lose and loose drives me batty:rotfl:

You are doing a great job ! Please, do not loose patience at this point

ultra10

:rotfl: ......................

amcluesent

There's no alternative, to support house sales let's throw open England's borders and let millions of swarthy gentlemen flood in, all clutching large amounts of cash in carrier bags...Oh, wait! That's what NuLabour's been doing this last decade!

Paul_N_4

mitchaa wrote: »

Noooooooooo!!!!!!!!

What on earth does looses mean

Lose and loose are 2 totally different words;)

The 4 letter word means you have lost something
The 5 letter word means you are slackening something.

Sorry, but lose and loose drives me batty:rotfl:

Then you'll probably like this: http://loseloose.com/

ultra10

lets bounce this babee back to the top