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!

Interesting House Sale Price Anecdotal....

lostinrates
lostinrates Posts: 55,283 Forumite
I've been Money Tipped!
Friend bought house 2002. 4 bed, £265k.

Its a nice, solid, well built house, lovely view, decent garden, big garage/worshop. but is tired decoratively...IMO an excellent sort of family home:

offer just excepted with much spitting and bile; £225k.

Thats a pretty good deal for the purchasers IMO. Its in the range of comparitve houses for bedroom numbers, but the tired thing means they can make it there own, but its perfectly fuctional if they don't care too, or want to save for making decorative improvements. Its been well maintained other than the poor choice in tired decor.

If it were for me I'd have bought it. In fact, if it had been a stable market we might have bought it to base from while we looked elsewhere! We considered doing that a while ago, thank goodness we didnt!
«13456714

Comments

  • Topov_3
    Topov_3 Posts: 159 Forumite
    yes boring thats why you have no posts in this thread. yawn.
  • mewbie_2
    mewbie_2 Posts: 6,058 Forumite
    1,000 Posts Combo Breaker
    It's not boring, but some threads take off and some don't immediately. This could turn out to be a slow burner.

    265 to 225 - eh? Over six years. Missing out the peak.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Thank you LIR. Very interesting anecdotal piece.
    :)
  • fc123
    fc123 Posts: 6,573 Forumite
    That's not boring LIR.....it's On Topic and utterly relevant to the board.;-)

    I bet you 1 X V Nice bag that it won't get deleted/locked by Ms Kool.

    PS...Could someone tell BubblesMoney I don't make bags ;-)

    FWIW, We have had our house 'valued' for quick sale ( a tiny bit above auction price) for BR purposes and it is back to 2002.
    I am the only person here who is willing my house to crawl back to 2000 price by Oct 09.
  • Topov_3
    Topov_3 Posts: 159 Forumite
    devorced couple sells house for knockdown price. phone the papers, its a scoop
  • fc123
    fc123 Posts: 6,573 Forumite
    Ooooh..... I have good company here...it's my 15 mins whilst cooking nutritious family meals for 2p.....washed down with a nice glass of wine box cheapo...but it's OK.....
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Topov wrote: »
    devorced couple sells house for knockdown price. phone the papers, its a scoop
    Shoo ... and learn to construct proper English sentences.
  • fc123
    fc123 Posts: 6,573 Forumite
    Shoo ... and learn to construct proper English sentences.

    He dances on roofs (sic that looks wrong??) in Russia...what do you expect PN?
  • lostinrates
    lostinrates Posts: 55,283 Forumite
    I've been Money Tipped!
    Not a divorce, sadly. A non-essential relocation. None of the 'Ds' forcing this one. Which is what makes it surprising to me. Vendor had cash to buy house number two where they have been for over a year now.

    I tend to think all anecdotals with real numbers can be a bit boring when we do so well bickering about theoretical non-existant Mr and Mrs Average, in Average house, average street. Hurling abuse and not backing it up with real houses and situations. :)
  • fc123
    fc123 Posts: 6,573 Forumite
    Not a divorce, sadly. A non-essential relocation. None of the 'Ds' forcing this one. Which is what makes it surprising to me. Vendor had cash to buy house number two where they have been for over a year now.

    I tend to think all anecdotals with real numbers can be a bit boring when we do so well bickering about theoretical non-existant Mr and Mrs Average, in Average house, average street. Hurling abuse and not backing it up with real houses and situations. :)
    LIR It's the Real Life stuff that counts....because that's the stuff that actually happens.
    The remainder is just academic.
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
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K 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.