Why is our house not even attracting viewings?

pinkteapot

http://www.rightmove.co.uk/property-for-sale/property-35527219.html

This is slightly smaller than yours, but looks much more spacious in the photos. It's £20k less than yours and hasn't sold either.

These are sold prices within a 1/4 mile radius of you in the last two years:

http://www.rightmove.co.uk/house-prices/detail.html?country=england&locationIdentifier=POSTCODE%5E1336493&searchLocation=GU14+0RF&radius=0.25&referrer=listChangeCriteria

The only 3 beds that have sold for near your asking price are detached. The semis are selling for less than £250k. Price is your problem.

phoebe1989seb

A quick look tells me the following -

Kitchen units look very dated

Ditto orange wall/patterned blind

Ditto flowery curtains in reception

Ditto border paper in reception

Garden looks very bare/unloved/fence looks in need of replacing

Washing line should be removed for pics

Internal pics seem to be of furnishings rather than actual rooms

I can't see how you can justify asking £35k more than you paid in 2007 tbh. When we sold our house last year our EA said the work we had done since we bought in Nov 2007 (handbuilt solid wood kitchen + granite work surfaces, two new Villeroy & Boch bathrooms, rewiring, garden relandscaped, redecorating throughout - £40k+ in total spent) merely made the house more saleable - indeed we lost £60k on our overall spend.......but we sold in two weeks.

I appreciate it might be a popular area - we are from Hampshire originally so know what prices/the market there is like - but with the stamp duty threshhold I think you'll be unlikely to get more than £250k unless you refurbish and remove all traces of the 1990s!

I-love-a-bargain_2

Hmmm...

Artex ceilings, floral curtains, dated kitchen. That is enough to put me off I'm afraid.

Any way to retake the first pic to show all of the driveway? The seal of the shower door looks grubby? Relatively easy and cheap to replace. I would remove the rotary line thingie from the garden, paint the fences and put some colourful potplants out.

Another reason I would be reluctant to view is the price. If I knew you'd bought it for £235k I'd want to pay around the same price now. Yes, bathroom looks nice but not worth all that extra. Especially not when it means I'd have to pay the higher tier of stamp duty.

Face1992

Curtains

decor (is that a border around the bottom of the dining room?:eek: )

and the old dated kitchen that anyone who looks at it thinks it's the first thing they will have to spend another £10000 on (even though it would be cheaper, it's the perception of spending a lot of money that is cheaper)

Nobody wants to think they are having a shower almost in front of a window, could you not get white blinds and tilt them inwards so they at least blend in with the wall?

Fence needs painting.

Of course, if the price was right, and you knocked thousands and thousands off, decor et al wouldn't bother as many.

CrazyAngel_3

Definatley price. You bought in 2007 at the very peak and have only had a new bathroom put in. I think you will be lucky to get what you paid.

I would reduce the price to 250K and be willing to accept offers around 235k. There is no work done that has increased the price you can achieve by 35k.

Remember, buyers are savvy and will have checked nethouseprices.com, Zoopla, & Rightmove and will have seen that you bought at the peak and the price you paid!

christopher1977

mark306 wrote: »

We bought at 235k in Feb 2007 and would like to sell it at 270k.

Mark

I bet you would:rotfl:

MiddyMum

The pictures are rediculous, they don't show off the rooms at all. Although even with those pictures you can see that more money would need to be spent AFTER spending the initial £270k, such as new kitchen and new bathroom suite as there is mould growing up the shower guard etc. That was the first thing I noticed, so maybe other potential buyers noticed that too? For nearly 300k I don't want to see mould in a shower. Thats why people are not viewing.

CrazyAngel_3

Just as a buyer would do I have checked the house prices in your road which has confirmed that price is indeed the problem. Other three bedrooms in your road have sold as follows

Number 23 - £224,500 - September 2011
Number 9 - £230,000 - September 2011
Number 13 - £235.000 - July 2008
Number 31 - £230,000 - November 2007

You cannot expect to far exceed the ceiling price of your road in the market as it is now.

ukcarper

Had a quick look on nethouseprices and no 23 sold in 2007 for £220k then again last year for £224k how does yours compare with that.

According to Land Registry the peak in Hampshire was 2008 and prices are just below 2007 prices now. In Surrey they are about 8% higher than 2007.

I know this not what you want to hear but I think it is overpriced

casperlarue

mark306 wrote: »

http://www.rightmove.co.uk/property-for-sale/property-23595486.html?premiumA=true

We bought at 235k in Feb 2007 and would like to sell it at 270k.

Mark

We would all like to sell for profit! but in the current market if you are serious about selling you have to be realistic about what similar properties are selling for.

I don't know the area at all but looking at past prices I would have said £235k was high and you would be lucky to achieve that figure now.

It comes down to this ..... do you have to sell for £270k to cover your mortgage/other debts or are you trying to get more for your house to upsize? Don't forget you can negotiate your next purchase price down too, you may 'lose' on this sale price but you can mitigate the loss on your onward purchase.

To give you an example.... I bought a 3 bed semi in Sept 2007 for £165k, spent roughly £20k on new kitchen, small conservatory, decorating, carpets. Sold in Oct 2010 for £145k. The house I bought started on sale at £250k, by the time my house had sold it was down to £220K, bought for £208k.