Why is this house not selling?

pinkteapot

getmore4less wrote: »

If you do a more like this then change to one mile then change to sold STC and look what gets added.

http://www.rightmove.co.uk/property-for-sale/property-42510628.html

Looks at the top edd and the stuff that is selling is cheaper.

^^ This.

Asking prices is one thing. You need to look at what's actually sold.

To the right of your listing you can click to view sold properties nearby. Within half a mile, this one sold for £195k in Feb, for example...

http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=43215368&sale=50738675&country=england

Somebody else mentioned that four-beds are going for £250k? Your house looks a similar age/style as our old house. We had a four-bed that sold for £250k. The three-bed versions were going for around £210-215k. We are in a different area though.

Blackeyez09

It's a South Birmingham price in a less desirable Birmingham area
Sorry
I could get a large Vctorian terrace in nicer areas for that type of price yes terrace I know but high ceilings, period features and always very saleable.
I've just bought in Birmingham and nice houses for the right price are flying of the shelves at the moment

Blackeyez09

Sorry *off

Mojisola

I think the main issue is the price - the price itself compared to other sale prices and the "offers over" thing.

What does that mean - your absolute limit is £230k or you're really looking for £250k?

If the price is right, the house will sell but I would also change the very personal pictures - just buy some colourful stuff from one of the sheds.

getmore4less

I think it is priced at the top end AND has offers over.

Together they are just scaring people off.

With offers you have to be priced to sell, thats the bottom of the range for that property getting people in the door and looking to offer hoping you get enough interest to get some upward bidding.



Leave it long enough and the market might catch you up


The other issue is the SDLT barrier, some people think about the next move so avoid the £230k to £245k as they hit the £250 ceiling in a rising market which limit their upside.
If they target lower they have room to grow the value
If thye target higher they can get the £250k and thye have a chance of breaking over the hurdle with a 10% rise in prices.

ellie27

First impressions count and here is mine..... I am in Scotland so know nothing of the area at all.

The very first picture, the main pic, you can see the other 2 neighbours' houses in the pic which makes it look like they are all very close together. I would just have your house in the pic so there is no indication of any neighbours. Just my first impression based on the pics.

C_Mababejive

I'm no expert but my first thoughts are...its a lot of money for a relatively small detached house in the Midlands. The photo showing the apprently longer,thin lounge doesnt appeal. I could be wrong.

Mallotum_X

Almost certainly the price, and the "offers over" approach. Lose the "offers over" and see if that helps. "guide prices", "fixed price" and "offers over" do put some people off, as it can come across that the seller is going to be hard work and not open to doing a deal.

Denise89

Just wanted to say thanks for all the input.
There was an open house today and an offer was made and accepted
Thank you once again for all advice offered, it was a great help.

makeyourdaddyproud

Very clean and tidily presented house but for me it is incredibly small for the price and the living room space is too narrow. I like a coffee table in front of me and pictures show that would be difficult as there is very little passing space.


Ceilings too low.


Bedrooms too thin.


If you can imagine the scale of things here; my smallest bedroom is 15x12, and I have 6 of them ... all for under that 230k.