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Debate House Prices


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Whats a fair price to pay

Whats a fair price to pay considering the following, i had a offer of 155k excepted, Not a bargain but a fair price i feel.

http://www.zoopla.co.uk/homes/london/E16/victoria-docks-canning-town-north-woolwich/gratton-terrace/NW2-6PF/?search_string=nw2%206pf

http://www.houseprices.co.uk/e.php?q=nw2+6pf


Any thoughts?
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Comments

  • No idea from those links. What did you offer on?
  • kier333
    kier333 Posts: 318 Forumite
    No idea from those links. What did you offer on?


    A 1bed flat in that block
  • davilown
    davilown Posts: 2,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Don't you already have a thread about this? have people lost interest in 'your' purchase that quickly?
    Many people have given their advice to you and you have chosen to continue with your purchase.
    If you are really that concerned about it then perhaps you know you're paying to much and should back out, or at least re-offer at £20k less. What will you lose?
    30th June 2021 completely debt free…. Downsized, reduced working hours and living the dream.
  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Pull out of the purchase now before it's too late.
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    kier333 wrote: »
    A 1bed flat in that block

    Oh ok. Well I'd say you're not exposed to as much risk as the poor soul who bought in April '07. Or the lunatic who paid 190 in February 08.

    A fair price? Impossible to say without seeing it. How much are houses going for round there?
  • dopester
    dopester Posts: 4,890 Forumite
    All the prices shown on that House Prices website, transactions from 2002 onwards, were when we were in an absolutely booming, credit-fuelled, MEW-pumping, job-pretty, bonus-kicking economy.

    Make your own mind up.

    Will you get to hear express trains whizzing past at all hours, and maybe at night too? Perhaps they all slow for the nearby station.

    traintracksnw2jo3.jpg
  • kier333
    kier333 Posts: 318 Forumite
    dopester wrote: »
    All the prices shown on that House Prices website, transactions from 2002 onwards, were when we were in an absolutely booming, credit-fuelled, MEW-pumping, job-pretty, bonus-kicking economy.

    Make your own mind up.

    Will you get to hear express trains whizzing past at all hours, and maybe at night too? Perhaps they all slow for the nearby station.

    traintracksnw2jo3.jpg


    Its a freight line, so only a few trains per day and when i was inproperty could not hear a thing unless window were open ie its the bathroom.

    And i realise most were 2002+ prices but what i was asking was if anyone agreed that 155k was resonable, i feel so.

    Also the area has just been awarded a £4 billion re generation programme, i'm sure that can only be a good thing for the area
  • purch
    purch Posts: 9,865 Forumite
    i had a offer of 155k excepted

    Well it's all a bit moot now isn't it ??
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • kier333
    kier333 Posts: 318 Forumite
    Whats Moot mean?
  • kier333
    kier333 Posts: 318 Forumite
    ad44downey wrote: »
    Pull out of the purchase now before it's too late.


    Why whats so awful
    ?
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