New pics on Rightmove!!

Cannon_Fodder

Really don't see the point of having to keep it tidy in case of a viewing, if you're not serious about selling.

There may only be a couple of people interested in buying on that road, at any one time. Why miss out on them looking at yours by being £10k above what it is worth?

Your neighbour's experience of being on the market and still not selling despite bigger/better accomodation, while others (NO 78 and No75) have sold, should be a lesson learnt, not ignored.

dopester

Houseprices.co.uk would indicate you bought your house (the pale green one you're selling) for £125,000 on 30/06/2008.

The person who lived there before you didn't have the place long either, having bought it for £120,500 on 10/01/2007, before selling it to you. Going back further still it was bought for £79,000 on 21/05/2004.

Someone else will have to do the guesswork/extrapolation here, but given a previous owners bought your home in the past at £79,000 on 21/05/2004....

..houseprices.co.uk records show your direct neighbour's house (white house) was last bought for £110,000 not long after on 24/03/2005, and hasn't been sold on since that time.

That is a fair wedge of difference in value. Previous owners could have done up your house since, but the same may be true for your neighbour's house. Something seriously does not compute for me with your home being on the market for a higher value than your direct-neighbour's home.

redhead123

Erm re-read what I said at the beginning - I put mine up *before* hers so I had no idea what price she would put it on at or even that she would put it on again and if she did I thought she would put hers on at 135K. As it is there is 500 quid difference not 000s of pounds and I don't want to start a price war that way we both lose out after just 3 weeks.

No 78 was a reposession, quick sale and an absolute mess inside judging by the building work going on there recently

Harry_Powell

Watch out for the advice given on this forum. The last few responses are from notorious 'bears' who are desperate for a housing crash and will do and say anything to talk down house prices. Hold your ground, don't give away your home.

VIGILANT22

Harry_Powell wrote: »

Watch out for the advice given on this forum. The last few responses are from notorious 'bears' who are desperate for a housing crash and will do and say anything to talk down house prices. Hold your ground, don't give away your home.

It's unbelievable how people believe/ trust people on forums/internet..:)

GDB2222

I am a bit of a bear, in that I think that house prices are still too high on an historical basis. Be that as it may, I stand by my advice not to put the house on the market unless you are serious about selling, as it becomes stale and that messes up your chance of selling it when you do become serious. That's nothing to do with my views on house prices. It's just common sense.

Harry_Powell

by 'serious', do you mean 'desperate and will accept any low offer'?

Nothing wrong with putting your house on the market on a speculative basis, there is plenty of evidence that with the latest house price rises, that more home owners are doing this. The reason 'bears' find this annoying is that it dilutes the pool of desperate sellers with people who aren't prepared to be bullied with the 'take it or leave it', 'this is my last offer and I'll withdraw it in 5 days' and other strong-arm tactics. The crash is over, those days are gone.

GDB2222

No, by serious I don't mean desperate. Why are you twisting my words?

But if you put your house on the market speculatively at the same price as your next door neighbour's, which is much more valuable, all the people who are interested in that sort of house in that sort of neighbourhood will look at both. They may not come round, and they may just look at the adverts. They'll then mark your one down mentally as being poor value. You've then got an uphill task to sell it.

"Nothing wrong with putting your house on the market on a speculative basis" That's such bad advice, unless you really don't care whether you sell or not - and let's face it the chances are you won't sell.

CloudCuckooLand

Not to forget the cost of the HIP, for no return.

mufi

GDB2222 wrote: »

"Nothing wrong with putting your house on the market on a speculative basis" That's such bad advice, unless you really don't care whether you sell or not - and let's face it the chances are you won't sell.

It's bad advice in this particular instance where there's an easy comparison. However, it's not bad advice in the many cases where no one can accurately value an individual property - in fact, it would be mad not to speculate initially. The market will determine whether or not the price is right, and in many cases that is the only thing that will.