The Bidding War!

loulou41

I seem to be puzzled. How come a house in the same street has different post code e.g did a search for HA1 1XS/Ha1 1XR, both houses in the same street and again there is big difference in the price as they have different post codes? Is this possible. Thanks

Zammo

Martin_OB wrote:

Zammo, just wanted to point out the £119k price was for the adjacent property two years ago (the house is semi detached).

I have been advised by an EA (a friend of the family) to open the bidding at £120k. With the asking price set at £149,950, does anyone feel that this is too low?

Personally, I'd feel more comfortable with an opening bid of around £125k, but that's largely based on the fact that I don't want to offend the vendor...and he will be including all fixtures and fittins, cooker, fridge, frezzer, washing machine.

Go for the low offer. The worst that can happen is he will say no. You've then got the option of raising your bid, though personally I wouldn't go too much above 125k.