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Debate House Prices


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Crazy asking prices

Green3
Green3 Posts: 66 Forumite
Sixth Anniversary Combo Breaker
in Debate House Prices & the Economy
A house sold for £365,000 in 2011 is up for sale with asking price of £620,000 in South Ruislip! When is this madness going to end?
«13

Comments

  • onlyroz
    onlyroz Posts: 17,661 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    This house last sold for £350k in May last year:

    http://www.rightmove.co.uk/property-for-sale/property-31038687.html

    http://www.rightmove.co.uk/house-prices/detailMatching.html?prop=37088098&sale=49400378&country=england

    I very much doubt it'll get its asking price.
  • daveyjp
    daveyjp Posts: 13,759 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think the OP is practising for headline writing in the Daily Express.

    I prefer detail over sensationalism.
  • Green3
    Green3 Posts: 66 Forumite
    Sixth Anniversary Combo Breaker
    Daveyjp, these are just facts not sensationalism. Why post sarcastic comments, it is simpler not to post if you don't like a thread.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Green3 wrote: »
    Daveyjp, these are just facts not sensationalism. Why post sarcastic comments, it is simpler not to post if you don't like a thread.

    just post the links
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Green3 wrote: »
    A house sold for £365,000 in 2011 is up for sale with asking price of £620,000 in South Ruislip! When is this madness going to end?

    Let's see what it sells for. Asking prices are just that.
  • purch
    purch Posts: 9,865 Forumite
    Green3 wrote: »
    When is this madness going to end?

    When buyers stop paying the prices.

    It's not rocket science.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    That house needs a shave!
    Been away for a while.
  • daveyjp
    daveyjp Posts: 13,759 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Green3 wrote: »
    Daveyjp, these are just facts not sensationalism. Why post sarcastic comments, it is simpler not to post if you don't like a thread.

    They are scant 'facts', without detail how can anyone comment? The BBC featured a property the other week that had been purchased a couple of years ago and now the owner was asking twice what they paid.

    On going round it was quite obvious the current owner had completely gutted the place and spent a shed load doing so. The true story was the house was originally purchased at a value which relected its condition and needed 6 figures spending on it to realise twice what it was originally sold for.

    Post the links to the property and we will all be better informed.
  • Green3
    Green3 Posts: 66 Forumite
    Sixth Anniversary Combo Breaker
    I am not sure whether owners/estate agents would like the links of their property posted here without their knowledge. They hire and pay an estate agent to advertise their property on a certain website like Rightmove, but they may not like random people to just copy and paste the links all over the internet. If I was selling a house I wouldn't like people doing that.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Green3 wrote: »
    I am not sure whether owners/estate agents would like the links of their property posted here without their knowledge. They hire and pay an estate agent to advertise their property on a certain website like Rightmove, but they may not like random people to just copy and paste the links all over the internet. If I was selling a house I wouldn't like people doing that.

    rubbish

    information on rightmove is freely available and they invite you to use it as you will.

    however if you feel like that then don't refer to the info in the first place.
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