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Debate House Prices


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How much more would you pay....

124

Comments

  • mbga9pgf wrote: »
    Can tell you as a fact install of a new CH system, including system boiler, tank, plumbing, rads etc is costing under 4K in a large 4 bed detached house.
    .

    Thats nice.

    I had quotes last year to fit new radiators, oil fired boiler, water tank and external fuel tank to my parents 5 bedroom house. Cheapest quote came to 9K. It would have been more if they weren't able to reuse most of the existing C/H plumbing. We decided not to proceed as the benefits didn't outweigh the costs.

    I don't dispute a gas boiler in a 3 bed terrace will be far cheaper though.

    Also got a quote for new wooden double glazed sash windows throughout. Lowest bidder was just short of 18K. Again, PVC would have been much cheaper, less than half the price.

    Depends what you want and type of house.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”

  • I had quotes last year to fit new radiators, oil fired boiler, water tank and external fuel tank to my parents 5 bedroom house. Cheapest quote came to 9K.


    Thats because they know who you are.

    To anyone else it would have been less than £4k



    & what you are forgetting on your earlier pricing is the "central heating" gives you "hot water" at the price of a copper cylinder £250, a port valve £80, a plastic expansion tank £20 and some pipe. OR if you buy a combi boiler just the cost of the pipe........ ;)
    Not Again
  • ukcarper wrote: »
    With a winter like we are having as someone who was brought up in a house with no hot water, no central heating and a outside toilet I would pay quite a lot.

    Yes, this weather certainly focuses the mind. :D
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You paid less for the house, due to it needing renovation.

    Doesn't mean houses per se are worth more on average because of an indoor loo. Just means properties like you bought are worth less than average as they are now not up to scratch with living standards.
    And after the work the estimated selling price increases by more than the cost of the work.

    So the added features add to the value and the property without them is worth less than the one with them.

    That value add from better features is part of why there's been an increase in the value of the housing stock.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    Thats nice.

    I had quotes last year to fit new radiators, oil fired boiler, water tank and external fuel tank to my parents 5 bedroom house. Cheapest quote came to 9K. It would have been more if they weren't able to reuse most of the existing C/H plumbing. We decided not to proceed as the benefits didn't outweigh the costs.

    I don't dispute a gas boiler in a 3 bed terrace will be far cheaper though.

    Also got a quote for new wooden double glazed sash windows throughout. Lowest bidder was just short of 18K. Again, PVC would have been much cheaper, less than half the price.

    Depends what you want and type of house.


    Mate, I am on LPG, and I am not in a 3 bed semi! :rotfl:

    British Gas are ripoff merchants! Plenty of locals who are better, and wont charge an arm and a leg.

    Looks like with the price of your home, you got ripped of Hamish!:rotfl:
  • I'd love to know where you'd get a half decent kitchen and bathroom fully installed for 10k.
    That's a down payment.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    jamesd wrote: »
    And after the work the estimated selling price increases by more than the cost of the work.

    So the added features add to the value and the property without them is worth less than the one with them.

    That value add from better features is part of why there's been an increase in the value of the housing stock.

    Only bringing it up to the standard average price.

    It doesn't make your house worth more than every other house on the street because you too now have a functioning home.
  • Only bringing it up to the standard average price.

    It doesn't make your house worth more than every other house on the street because you too now have a functioning home.

    Graham, when the first house on the street has an indoor toilet and central heating, it is worth more than the others. That price doesn't fall when other houses also get toilets and C/H, the prices of the rest rise too.

    Eventually, most have C/H and toilets, and this becomes "standard" as you put it. But it is standard at the new higher price. And the few houses left without it are cheaper, because they are now "substandard". But they're just sitting at the old cheaper price for what used to be the "standard", before everyone upgraded.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • fat-straws.jpg

    Just thought I'd move them a little closer. Save you clutching.
    Set your goals high, and don't stop till you get there.
    Bo Jackson
  • For a house with hot water, indoor toilets and central heating versus a house that had none of the above.....

    Anyone interested in understanding the difficulties of life in such conditions, should read Angela's Ashes

    article-0-0023C27F00000258-976_468x312.jpg

    Frankly (no pun intended), we have it easy compared to then and prior to then.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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