2007 -v- 2011 Anecdote

PasturesNew

Just doing my daily "everything that has come onto RM in the last 24 hours" trawl, with PB/FF. And found one anecdotal "oooh if only he'd waited!" moment.

Property 1: Bought Dec 2007, described as a 2 bed flat/bungalow, it looks like a converted garage in the ex-garden behind a non-standard construction council house in a dire claylands village, between two old clay pits. No outside space at all, no views, photos look like it has serious damp problems so probably a shoddy conversion without proper DPC. Sold £125k. Now on as a repossession, £75k.

And along the road, same village, but the prettier end:

Property 2: An older, 3-bed detached house with huge gardens/offroad parking, concrete workshop etc etc. Lovely views across green fields. Not in need of much refurbishment. Came to market at £180k last June, now reduced to £139k.

Huge difference in houses, small difference in prices of just £14k from top to now.

1: http://www.rightmove.co.uk/property-for-sale/property-28335901.html

2: http://www.rightmove.co.uk/property-for-sale/property-30196973.html

Look at what he could have bought if he'd waited and saved a few more quid.

1984ReturnsForReal_2

Nice tree............

lostinrates

The nicest thing about not being a househunter is not having to read agent twaddle any more. That's what I thought while I read the first one PN.

PasturesNew

LOL. I don't read it, I just go through 3 counties daily to get the PB data populated.


Just seen a house I'm not overly interested in, because it's got some stuff about it that's nowhere near "right". Watched one come down for a few months, I've been thinking for awhile, that'll either sell or get repossessed soon... it had got down to £175k and today its neighbour's been repossessed and is on at £160k. Watching individual places that are "sort of right, but not right" helps keep track of things.

silvercar

Property 1: Bought Dec 2007, described as a 2 bed flat/bungalow, it looks like a converted garage in the ex-garden behind a non-standard construction council house in a dire claylands village, between two old clay pits. No outside space at all, no views, photos look like it has serious damp problems so probably a shoddy conversion without proper DPC. Sold £125k. Now on as a repossession, £75k.

Very accurate description.

Property 2: An older, 3-bed detached house with huge gardens/offroad parking, concrete workshop etc etc. Lovely views across green fields. Not in need of much refurbishment. Came to market at £180k last June, now reduced to £139k.

Take off your rose coloured glasses. What is that house caked in? cladding of dubious taste? What is that box stuck on the back? and what is sitting in the middle of the back garden? Looks like a cess-pit to me?

silvercar

1984ReturnsForReal wrote: »

Nice tree............

We have a tree like that and we wondered what we could do when its height reached blocking window point; then the top was blown off it in the storms and it is now sprouting offshoots down the stem - problem solved.

mystic_trev

silvercar wrote: »

Looks like a cess-pit to me?

Sums up St Austell quite nicely!

sjaypink

PasturesNew wrote: »

And along the road, same village, but the prettier end:

Property 2: An older, 3-bed detached house with huge gardens/offroad parking, concrete workshop etc etc. Lovely views across green fields. Not in need of much refurbishment. Came to market at £180k last June, now reduced to £139k.

2: http://www.rightmove.co.uk/property-for-sale/property-30196973.html

silvercar wrote: »

Take off your rose coloured glasses. What is that house caked in? cladding of dubious taste? What is that box stuck on the back? and what is sitting in the middle of the back garden? Looks like a cess-pit to me?

Aw don't pick-I really like that one! Yeah it does look a bit like a concrete sectional/ pre-fab (or whatever its called) build tbf, but its got something about it IMHO

Places like this (prices like that) do sometimes make me think of relocating...

Davesnave

silvercar wrote: »

.Take off your rose coloured glasses. What is that house caked in? cladding of dubious taste? What is that box stuck on the back? and what is sitting in the middle of the back garden? Looks like a cess-pit to me?

It's a well proportioned house, and that's not cladding, but a type of concrete brick, popular in some places during the mid 20th century. The box on the back could soon be a conservatory and the thing in the garden is a cold frame, minus its top.

It's set well back from the main road, but the possibility of development on the field next door might be a concern for some. No EPC so I'm also not sure if they're solid walls, or cavity.

Oh yeah, the other problem I nearly forgot, it's in St Austell!