Allsops latest auction results

Pobby

MrDT wrote: »

I've posted on the other thread, but a three bed terraced ex council house near me sold for 55k. That's 15k over guide price, 20k under the recent EA marketing price, and 30k under what I believe to be the initial asking price.

55k for a modest home sounds like a fantastic deal to me, but I'm very much aware that my parents huge four bed house with a 100ft garden etc in a better area only cost 48k 7 years ago - so I guess the place could still be considered overpriced.

Affordable, yes, but these 'cheap' houses still have further to fall. Sounds insane? A mate of mine bought a 2 bed house in the middle of town for 36k in 2002. Thirty-six thousand pounds. I wonder how close to those 2002 figures we'll get when recession really starts to hurt, repos go through the roof, credit cards are withdrawn etc.

Forgive me for asking but what part of the country are you in?

neverdespairgirl

The house to which the poster referred is in Wales, so he must be nearby.

Cannon_Fodder

Not entirely statistically valid perhaps, but a pointer?

Allsops sale Feb 08; 320 sold, value £56.24M, gives an average sold price of £175,750.

Allsops sale Sep 08; 348 sold, value £43.8M, gives an average sold price of £125,862.

Difference = -28.5%.

hethmar

neverdespairgirl wrote: »

I think it is in Blackheath proper - Kidbrooke Park Road isn't Kidbrooke. It's very close to the Royal Standard, and only 600 yards or so to St Germans Place and the heath.

REALLY, well that may be interesting. As soon as I see the word Kidbrooke I feel horror from the days when my dad used to come home saying, "Another murder on that estate today"

When we first married friends were just about to emigrate to the states and offered us their flat - the whole ground floor of a big victorian house in St Johns Park for £3k - we turned it down:rolleyes:

neverdespairgirl

hethmar wrote: »

When we first married friends were just about to emigrate to the states and offered us their flat - the whole ground floor of a big victorian house in St Johns Park for £3k - we turned it down:rolleyes:

Hey, I spent 10 years of my childhood in St. John's Park, from 1982, in a tall, thin, Victorian semi. Not quite sure why you didn't like it? Near the heath, no estate, just a long row of lots of Victorian semis, a church, lots of trees, and a library. My parents started their married life in a masionette at the other end of the road, in 1974.

You could now spend £500k on a 2 bed flat there:

http://www.rightmove.co.uk/viewdetails-23030915.rsp?pa_n=2&tr_t=buy&mam_disp=true

53 St John's Park sold in early 2007 for £900k (a semi) and 41 St John's Park (also a semi) sold for £790k in April 2005.

thegibdog

poppysarah wrote: »

If they don't list it then you have to wait until it hits the land registry figures - there are sites that show them and on rightmove they have a house prices bit.

The only problem being that it was a reposession and they don't show up on land registry figures...

hethmar

Oh yes NDP, we loved it but it would have been difficult for me to get to my job. In those days very few couples had one let alone two cars ( a couple of years before your parents married:) Oh and I seem to remember they had quite difficult neighbours in the top half of the house - when we were there once the French lady living there came to complain that my friend had put washing on the line on a sunday! It was almost opposite the church by the way . I remember they rented it to Manfred Mann (I dont spose you can remember him) when they went to the states and in fact they did return after a couple of years, so it was the best idea for them.

spuds_2

The centre of Leeds is awash with unoccupied new build flats. There have been massive falls in their prices in the last few months. Inevitable really as there just aren't that many people who want to live in the city centre, and when the market falls these are the type of properties which bear the brunt. A shame for FTB' s who bought recently. though I guess many will have been BTL. Liverpool much the same. From todays Telegraph site:

"Another location seeing spectacular price falls for new apartments is Liverpool. Waterside, the city centre's first new scheme for 12 months, was originally priced off-plan by developer City Lofts at £330 per square foot but now it is built and has been revalued by estate agent Knight Frank at £240 per square foot. So, for example, flat number 92 was originally on sale for £222,495 but is now on at £159,950."

neverdespairgirl

thegibdog wrote: »

The only problem being that it was a reposession and they don't show up on land registry figures...

It doesn't show up in the stats about general values, but the entry does, as I understand it.

neverdespairgirl

hethmar wrote: »

It was almost opposite the church by the way . I remember they rented it to Manfred Mann (I dont spose you can remember him) when they went to the states and in fact they did return after a couple of years, so it was the best idea for them.

Sorry, no idea who he is!

My parents lived in the non-church end of S J Park from 1974 until 1977, then moved to a 30s semi in Lee Green, then back to the church end of S J Park in 1982. They only had one car until I was about 6, as I remember, then bought a second, a Renault 5 with a huge rust hole by the driver's seat, through which my mother once lost an ear-ring.

So your mates' flat wasn't that far from where our house was. They were nice houses, but did give you a lot of exercise. The kitchen was on the basement, then two small rooms on each floor, and 5 flights of stairs to the top.