ok i admit it house prices ARE mental

ginger_nuts

I no off one 4 bedroom house facing Rushmere Shopping Centre .
It was on the market for £175,000 then it increased to £195,000 last week it increased to £220,000 . It still hasn't sold .

talksalot81

ginger_nuts wrote:

I no off one 4 bedroom house facing Rushmere Shopping Centre .
It was on the market for £175,000 then it increased to £195,000 last week it increased to £220,000 . It still hasn't sold .

I thought prices went down when something didnt sell

Im sure there is more to it, I would bet that they are being deluged with offers and they are simply trying to widen the market knowing now what they might get.

leftieM

Or they might have had the same situation as us where they had buyers (survey done etc.) who pulled out and they had to remarket, putting it on a price that was close to what they got before.

ooo000ooo

We're getting our house valued today, we paid 87k for it 2 years ago, 3 bed semi with double garage in Fernagh, anyone want to guess what it's worth now? The only things we've done to improve it are paving the back garden and putting in patio doors.

lowdenclear

My cousin just sold his house in Ballynahinch... About 4 years ago he paid 120k for it (5 bedroom house)... His asking price was 275k.... He got 470 for it!!! :eek:

Well there goes any ideas of me EVER being able to afford a house...

leftieM

ooo000ooo wrote:

We're getting our house valued today, we paid 87k for it 2 years ago, 3 bed semi with double garage in Fernagh, anyone want to guess what it's worth now? The only things we've done to improve it are paving the back garden and putting in patio doors.

I'll guess - offers over 175k?
You paved your back garden? All of it?? :eek:

ooo000ooo

leftieM wrote:

I'll guess - offers over 175k?
You paved your back garden? All of it?? :eek:

It wasn't that big, 110 2*2 flags sorted it , I don't do gardening

leftieM

lowdenclear wrote:

My cousin just sold his house in Ballynahinch... About 4 years ago he paid 120k for it (5 bedroom house)... His asking price was 275k.... He got 470 for it!!! :eek:

Well there goes any ideas of me EVER being able to afford a house...

Hold out a couple of years for the repos

Greentea

ooo000ooo wrote:

We're getting our house valued today, we paid 87k for it 2 years ago, 3 bed semi with double garage in Fernagh, anyone want to guess what it's worth now? The only things we've done to improve it are paving the back garden and putting in patio doors.

overs 160,000 and it will get bid up to 180,000

leftieM

I wasn't too far off. Bet you get 190k. The EAs always underestimate so you are all happy when it gets more and hand over the 1% with a smile.

Oops! - thought that was ooo000ooo.