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Debate House Prices


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Firmer prices in Leicestershire at last?

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Comments

  • Phirefly
    Phirefly Posts: 1,605 Forumite
    Ah right, thankyou for sharing. Do you know the area well?
  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 6 September 2009 at 1:27PM
    I know the area well enough to know roughly what's des res but I can't claim to have researched it in detail on the house price front like you have, Phirefly.

    FWIW, in relation to the thread title, my mum got an offer of 97% of the asking price on day 1. But I do believe that her house is well up there on the location, location, location stakes.

    Bizarrely, if this goes through, she will have sold all three of her lifetime homes on day 1!

    Perhaps she missed her natural career as an EA :eek:, or maybe they were all underpriced :(.
    Phirefly wrote: »
    I think Rothley is overrated. No wonder those developments hold zero appeal for me, I'm about as far away from that target demographic as it gets. I've got to get Mr. P to get a ring on my finger before we can even THINK about divorce!!
    :rotfl:

    Thanks again for the local links on similar flats. They haven't put me off the Rothley development FWIW.
  • baby_boomer
    baby_boomer Posts: 3,883 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 19 November 2009 at 8:39PM
    For the record, my mum's family house sale eventually went through at 99% of the asking price :).

    Even so, downsizing doesn't leave you with a pile of cash :( .

    Maybe we asked too little. But if we'd asked more (with 3% Stamp Duty as opposed to 1% ) the offers would have been slower and commensurately lower. We'd have probably ended up with a similar price in the end - but not sold as quickly, which was what my mum's situation required.

    All in all a satisfactory result for our family.

    Hope this helps someone.
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