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how to find out the ceiling price of properties the same street?
pavlovs_dog
Posts: 10,215 Forumite
I've noticed that three houses have recently come to market on the same street, in an area that we are consideing buying in. Normally seeing several propeties for sale in the same street would set my alarm bells ringing, but as it's a rather long street i'm not overly concerned.
what i can't quite figure out is why the houses (which from the details on rightmove seem similar in size) are on at such a wide range of prices. I'm inclined towards the cheapest one which needs a bit of modernisation (double glazing, new kitchen and bathoom, decoration) which is on at £114k. However there is a very similar house which has been done up nicely on at £117k. The third house, which has also been modernised but is similar in size, is on for around £140k. Nothing is mentioned in the description of the cheaper two about them being priced for a quick sale
Although we plan on staying in the house we buy for many years to come, I'd want to be sure that we get a fairly priced house (or as close as you can get in the present maket!). How do i check what houses in the road have sold for previously, to see if this price seems fair?
what i can't quite figure out is why the houses (which from the details on rightmove seem similar in size) are on at such a wide range of prices. I'm inclined towards the cheapest one which needs a bit of modernisation (double glazing, new kitchen and bathoom, decoration) which is on at £114k. However there is a very similar house which has been done up nicely on at £117k. The third house, which has also been modernised but is similar in size, is on for around £140k. Nothing is mentioned in the description of the cheaper two about them being priced for a quick sale
Although we plan on staying in the house we buy for many years to come, I'd want to be sure that we get a fairly priced house (or as close as you can get in the present maket!). How do i check what houses in the road have sold for previously, to see if this price seems fair?
know thyself
Nid wy'n gofyn bywyd moethus...
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Go to this address http://www.houseprices.co.uk/ pop in the street and town and will give you all the sale prices
HTH0 -
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It may not necessarily be mentioned in the details that the cheaper 2 are wanting a quick sale but it is likely they will be.
Install property bee onto firefox browser then you can see how long each house has been up on rightmove for and if they have ever reduced the price.
Personally I would probably go for the 117k one as it needs less work.
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