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Debate House Prices


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Comments

  • borntobefree
    borntobefree Posts: 925 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    chucky wrote: »
    you're nothing but a bully!!! :confused:;):p:grin::whistle:

    :D nah just happens to be my area that's all.
  • Harry_Powell
    Harry_Powell Posts: 2,089 Forumite
    borntobefree wrote: »
    :D nah just happens to be my area that's all.

    Goodness me, someone new! :eek:

    Welcome to the housing board! Please stay, we need all the level-headed posters we can get!!! :)
    "I can hear you whisperin', children, so I know you're down there. I can feel myself gettin' awful mad. I'm out of patience, children. I'm coming to find you now." - Harry Powell, Night of the Hunter, 1955.
  • borntobefree
    borntobefree Posts: 925 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    edited 2 November 2009 at 5:59PM
    Harry_Powell wrote: »
    Goodness me, someone new! :eek:

    Welcome to the housing board! Please stay, we need all the level-headed posters we can get!!! :)

    Shall I dig up some more examples or have I made my point?:confused:

    How do we know all the flats in Cavendish Avenue are the same. Surely they will be a mix of studios, 1 beds, 2 beds, 3 beds, etc?:confused:
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    borntobefree wrote: »
    Shall I dig up some more examples or have I made my point?:confused:

    How do we know all the flats in Cavendish Avenue are the same. Surely they will be a mix of studios, 1 beds, 2 beds, 3 beds, etc?:confused:

    Your point seems clear enough.
    It was similar to what I had found and tried to explain.
    http://forums.moneysavingexpert.com/showpost.html?p=26511841&postcount=139
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    borntobefree wrote: »
    Shall I dig up some more examples or have I made my point?:confused:

    How do we know all the flats in Cavendish Avenue are the same. Surely they will be a mix of studios, 1 beds, 2 beds, 3 beds, etc?:confused:

    exactly but because she said so in three different posts and that's about 200 flats apparently... isn't that good enough for you!! ;)

    stop bullying the poor woman!!
    carolt wrote: »
    Truly bizarre, as I know for a fact the whole street is identical! (The flats, that is.)
    carolt wrote: »
    No, they really are all identical - either first floor or ground floor, identical layouts, both have identical sized share of back garden.

    There's a train station at both ends of the road, so even if you're right in the middle of the road, you'll never be more than a few minutes walk from transport. There are no buses. If ground floor matters to you, 50% of them are on the ground floor, so there's not exactly a shortage of properties. Certainly not enough to justify an 80K+ gap.

    It really is down to the tin of magnolia. :)
    carolt wrote: »
    every single flat in that street is identical. Obviously, we're not comparing houses with flats - but there are a couple of hundred flats to compare, so there's not really any need, even if it was feasible.

    Yes, the decor may vary - but I wouldn't pay 80K for a can of magnolia. Maybe some mug would. But one doesn't need to.
  • borntobefree
    borntobefree Posts: 925 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    Here are some flats that I know in Wembley.

    I searched on 1 post code HA0 1XG

    http://www.houseprices.co.uk/e.php?q=ha0+1xg&n=10
  • borntobefree
    borntobefree Posts: 925 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    Here too:-

    W5 2NB

    Flat 53 sold 2005 for £295k and May 2009 £330k

    http://www.houseprices.co.uk/e.php?q=W5+2nb&n=10

    I will stop now;)
  • borntobefree
    borntobefree Posts: 925 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    No, they really are all identical - either first floor or ground floor, identical layouts, both have identical sized share of back garden.

    There's a train station at both ends of the road, so even if you're right in the middle of the road, you'll never be more than a few minutes walk from transport. There are no buses. If ground floor matters to you, 50% of them are on the ground floor, so there's not exactly a shortage of properties. Certainly not enough to justify an 80K+ gap.

    It really is down to the tin of magnolia. :)

    They are not all flats on Cavendish Avenue. They are a mix of flats and semis...

    W13 0JW

    http://www.houseprices.co.uk/e.php?q=W13+0jw&n=10

    :confused:
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    borntobefree wrote: »
    They are not all flats on Cavendish Avenue. They are a mix of flats and semis...

    W13 0JW

    http://www.houseprices.co.uk/e.php?q=W13+0jw&n=10

    :confused:

    No they really are identical:rolleyes:,welcome to MSE or should that be Carols world.
    Official MR B fan club,dont go............................
  • borntobefree
    borntobefree Posts: 925 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    edited 2 November 2009 at 7:21PM
    TO the op

    Here is data from Cavendish Drive W13

    http://www.houseprices.co.uk/e.php?q=cavendish+avenue+ealing&s=21&n=10

    Whereas at peak, in 2007, one flat sold for 330K.
    Where is this flat?:confused:

    There is no flat sold for £330k?:confused:


    As I used to live in West London, I had a look at a road I used to live in. When we left in spring 2003, you could buy a flat here (it's a good comparison, as basically all the flats are identical 2 bed maisonettes, and it's a long road, so there's lots to compare), for £200-250K ish.
    Flats in this Avenue in 2003 cost between £177k and £220k. Amazing! We are led to believe they are all identical!
    You can now buy a flat for...the same price. Most recent sold prices are 230K, 250K and 195K - all sold in Aug 2009. Compare that to spring 2003, when 3 sold for 220K (Jan), 280K (Feb), and 195K (Feb)..

    Can't see anything that sold for £280k in 2003?
    There's one under offer currently on Righmove for 250K.

    So if someone bought it in 2003 at the lowest price £177k they made £73K or a the higher price of £220k they made £30k.
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