Just tell me if there is something wrong...

Dazedandconfused

I don't live too far away and I think it's quite pricey for the area sorry
Also just because you spent 20k on it doesn't automatically make it worth 20k more. I've made tons of improvements - decoration throughout, new boiler, am about to have my back porch roof and door replaced and guttering done but I think even with all that my house is prob worth what I paid for it 3 yrs ago. It's a lovely home but there are houses similar to yours cheaper than yours in the area and that's what prospective buyers will see.

I think your house is lovely though

Riggster

halesowenmum wrote: »

[COLOR="rgb(244, 164, 96)"]How can it be ovepriced by £10k if it's on the market for offers in the region of £156k? My maths is appalling but that conclusion just doesn't add up[/COLOR]

Because you've had no viewings, let alone offers.

LandyAndy

Riggster wrote: »

Because you've had no viewings, let alone offers.

It just hasn't increased in value by £24k (18%) in 34 months.

ash28

halesowenmum wrote: »

You know what, I guess a lot of EAs are just bl**dy lazy. Pluck a price out of the air regardless of its achievability and lure poor people like me onto trying to sell, and thinking that they can buy the smaller more affordable house nearer to their kids school that they've found - when actually, maybe, the achievable price may not even be even vaguely realistic (the price they told you, not the price I set). Factor in a mortgage company who I am trying to port with who have strung me along since AUGUST when I first started off re-mortgage enquiries, telling me I could have a mortgage of £86k and equity release of £15-20k who only a week or two ago, after I went forward to offer on a property needing a good £12k expenditure to all its problems, now tell me I can only have £65k and £6k equity!!!!! It's not far til the end of October now! I think they have dragged their feet and treated me appallingly not least since I already have a +£91k mortgage with them which I have paid in exemplary fashion for the last 6 years - which apparently means nothing. So I don't even know if I can even afford to move - great eh. A culmination of two bodies TOTALLY failing to do their jobs properly, setting what may be totally unrealistic asking prices and failing to manage the simple porting of a mortgage effectively... I do wish they would realise that moving house isn't just about asking prices, sq footage and room sizes. It's about families trying to keep going and do the best they can. As a single parent the pressure's even more on and I have to now wait and see what . i do resent having been mislead into looking at selling on the basis they told me, and now being told a totally different story after months have passed by, and how do I recompense the £400+ it cost for the survey and valuation i had done on the house (lower price) I was told I could afford and now am told I can't! So much for the kid's Xmas presents this year. At one point I thought I could buy a lovely, cosy, smaller house and release some equity to make it really really nice and pay off a couple of debts, the next after months of stringing it out I'm told quite the opposite. I ABSOLUTELY agree with due diligence by lenders (shame they didn't think of this a few years ago when their greed led them to offer 120% mortgages to people, the logic of which is beyond comprehension) so that now, me, who has paid in exemplary fashion every single payment since she got divorced in 2007, without fail, but when I already have a +£91k mortgage with the same lender, it all seems just a bit OTT.

It sounds as if you're having a pretty crappy time of it, however it does look as if 7 weeks isn't long where you live....

IMHO, because your house is virtually new, one of the things you could be up against are houses being sold using Help to Buy and New Buy (or whatever they're called), where the buyer only needs a 5% deposit up front.....

http://www.taylorwimpey.co.uk/newhomes/midlands/woodallgrange/salisbury/

Overall the size is similar to yours 101sqm. It is more expensive at £162,995... the deposit for a buyer would be just over £8k. I know it's a bit of a distance from you but it's just to give you an idea of what's around. And potentially what you could be up against.

I hope things work out for you.