We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Valuation

w00519772
w00519772 Posts: 1,297 Forumite
Can anyone give me an idea of what this is worth. If you can't value it then an offer suggestion would help.

It sold on 29th Dec 2005 for £158,000. I don't believe any work was done to it. It is on my shortlist.

I don't understand why the asking price is: 150K-160K. Is this estate agent expecting an offer of 155K?

Comments

  • Road_Hog
    Road_Hog Posts: 2,749 Forumite
    1,000 Posts Combo Breaker
    w00519772 wrote: »
    Can anyone give me an idea of what this is worth: http://www.rightmove.co.uk/property-for-sale/property-41196841.html. If you can't value it then an offer suggestion would help.

    It sold on 29th Dec 2005 for £158,000. I don't believe any work was done to it. It is on my shortlist.

    I don't understand why the asking price is: 150K-160K. Is this estate agent expecting an offer of 155K?



    Can't help you with valuation, you'd need local knowledge for that.


    As for the asking price. It says guide price £150K, in a rising market, that means that is the minimum price looked for, but probably would like £155-160K. In a falling market, it means, that's what I would hope to get, but will take any offers above £140K.
  • Kynthia
    Kynthia Posts: 5,692 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The price is probably £160k but they want the property to show up in people's Rightmove searches up to £150k. This is more common when the Rightmove price searches jump by more than £10k.
    Don't listen to me, I'm no expert!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178K Life & Family
  • 260.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.