We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Asking prices v sold prices

lostinrates
lostinrates Posts: 55,283 Forumite
I've been Money Tipped!
in Debate House Prices & the Economy
Inspired by a thread in the normal housing section I have a question for property owners.

What price was you property/properties marketed at and what did you pay?

Stating the year and rough geographical area would be useful :)


This is the thread: http://forums.moneysavingexpert.com/showthread.html?t=1261581
«13

Comments

  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    lostinrates wrote: »
    Inspired by a thread in the normal housing section I have a question for property owners.

    What price was you property/properties marketed at and what did you pay?

    Stating the year and rough geographical area would be useful :)

    Latest house was up for £179,000. Next door sold in 2004 for £162,000.
    Got it for £152,000 with £6k cash back on completion, so £146,000 really.This was 2007.
    Did it up though. We are in orrell lancashire.
  • Realy
    Realy Posts: 1,017 Forumite
    lostinrates wrote: »
    Inspired by a thread in the normal housing section I have a question for property owners.

    What price was you property/properties marketed at and what did you pay?

    Stating the year and rough geographical area would be useful :)

    First house purchased 2001 for £92K, marketed at £95K
    Sold 2008 Marketed £195K sold for £190K. (we did spend about £25K on it)

    Second house purchased 2008, marketed £340K, purchsed £250K.
  • Kez100
    Kez100 Posts: 2,236 Forumite
    westcountry

    1991 marketed 52000 -we bought for 52000.
    1994 (same house as above) marketed 50,000 we sold for 48000
    1994 marketed 120,000 - we bought 75,000.
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    lostinrates wrote: »
    Inspired by a thread in the normal housing section I have a question for property owners.

    What price was you property/properties marketed at and what did you pay?

    Stating the year and rough geographical area would be useful :)
    Nationally Sale price = approximately 90% of asking price. According to 'official' figures a month or so ago.
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    ad44downey wrote: »
    Nationally Sale price = approximately 90% of asking price. According to 'official' figures a month or so ago.

    Yes, on the inspirational thread (now added to OP) I felt the asking price versus the expected price, while possibly realistic in the area :confused: was optimistic. :)
  • confused31_2
    confused31_2 Posts: 1,272 Forumite
    we bought ours in 1999 for 67000 it was up for 73000, currently on the market for 140,000 pound.

    confused
    I am not a Mortgage Adviser
    You should note that this site doesn't check my status as not being a Mortgage Adviser, so you need to take my word for it. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I paid full asking price on the house I owned. Bought in 2000 at £90k.
    Sold last year at £262k. Originally asked £275k but dropped to £267k.
  • dorsetjohn_3
    dorsetjohn_3 Posts: 373 Forumite
    Bought my new bulid top floor apartment , roof garden , ocean views
    asking price £325K paid £295K for it November 2006

    Just sold it now for £320K

    Area Dorset Coast
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    dorsetjohn wrote: »
    Bought my new bulid top floor apartment , roof garden , ocean views
    asking price £325K paid £295K for it November 2006

    Just sold it now for £320K

    Area Dorset Coast

    That was Luckey in this market.
    Pawpurrs x ;)
  • pawpurrs
    pawpurrs Posts: 3,910 Forumite
    1,000 Posts Combo Breaker
    PasturesNew wrote: »
    I paid full asking price on the house I owned. Bought in 2000 at £90k.
    Sold last year at £262k. Originally asked £275k but dropped to £267k.

    Thats a good increase, did you do it up?

    PS How do I multi quote?
    Pawpurrs x ;)
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture