how to find out the ceiling price of properties the same street? 24 October 2009 at 3:11PM edited 24 October 2009 at 3:15PM in House buying, renting & selling 3 replies 44.4K views

pavlovs_dog

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?

Lycaeus

Go to this address http://www.houseprices.co.uk/ pop in the street and town and will give you all the sale prices

HTH

JAZ63

Hi,
this is another site you might wish to try www.nethouseprices.com

regards Jazz

Hippychick

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.