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End of terrrace Vs terraced prices
ferry
Posts: 2,017 Forumite
Just curious ..general question..
How much selling value would an end of terrace house be opposed to a simililar propery same road terraced?
thanks
F x
How much selling value would an end of terrace house be opposed to a simililar propery same road terraced?
thanks
F x
:j
0
Comments
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classic 'so, how long's a piece of string?' question.
but anyway:
'best case' [e.g. the end terrace comes with a substantial 'side garden', offers access to rear garden when mid terrace doesn't, uniquely offers off-street parking (possibly even a garage?), just maybe potential to extend?? the road at the end of the street is nice & quiet, more windows/light] - loads, loads more. say up to around 25% more? who knows. really the premium is limited only by the size of the side garden - if that's massive then so's the premium.
worst case [e.g. no real benefits of being on the end & the road at the end is exceptionally busy and/or noisy] - end terrace could even be worth less than most other houses.
i'd say that in a bog-standard case where the plot is no wider & the only 'benefit' is having one nextdoor neighbour rather than two, you're generally talking about really quite small differences. say worth a couple of percent more than other houses in the street, i.e. something that's barely noticeable.
hope this helps.
cheersFACT.0 -
I'm biased because I live in an end terrace but I've always viewed them in a similar vein to semis. However access will not usually be as good as a semi - we have rear access via a side lane but the front gardens are small. We also share a drain which means we have occasional flooding problems if someone down the line decides to flush baby wipes...0
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End terrace, depending on area, can have more noise problems as people congregate in the alley.
So take each on its own merits. Start by assuming its worth just the same as a mid terrace, then adjust up or down as you see fit.0 -
End of terrace are not usually as warm as well!0
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We've just purchased a mid-terrace as opposed to the end terrace next door. Price difference was 2.5k. Plus point for end terrace - upstairs hall window. Negative was that it is next to parking area so slightly more noise. Both houses have rear access or that would have made a difference to me.
However, with a decent amount of land I'd pay more or end terrace.A positive attitude may not solve all your problems, but it will annoy enough people to make it worth the effort
Mortgage Balance = £0
"Do what others won't early in life so you can do what others can't later in life"0 -
My first house was a new mid terrace the ends on same release were about 3% more. Garden same size all with rear access.0
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Never buy an end of terrace in London if you can help it, all things being equal, far more vulnerable. Imagine you were in a line of coppers in a riot, would you want to be the copper at the end ?Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.0
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street i lived in until last year i was in a terrace of 5
1 end of terrace was a bigger property, with it's garage attached, the rest of the properties were identical except for the end of terrace having an extra window over the stairs. This end property and the one next to it both went on the market about the same time, the end property sold for £1k less (£157k and £158k) there was little difference in the condition, although the end property did have some fairly nasty looking carpets.0 -
I have buy to lets and I would never but an end terrace, mid terrace has less outside wall to maintain if anything needs doing and they have much lower heat loss thus lower bills thus happier tenants."talk sense to a fool and he calls you foolish" - Euripides0
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I live in a mid-terrace but it has its own private access down the side, an alleyway with next door's bedrooms over it in a flying freehold. This belongs solely to us, it is not communal. Best of both worlds, really.
I would only consider an end terrace more of an asset if it had more land to the side than the mid-terraces.(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0
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