Properties with the biggest drops in prices

wotsthat

Bubble_and_Squeak wrote: »

houses on this street have only lost £7k since april so thats not too bad

http://www.rightmove.co.uk/property-for-sale/property-31848780.html

You're either on a wind-up or don't mind embarrassing yourself.

In_For_A_Penny_2

Bubble_and_Squeak wrote: »

houses on this street have only lost £7k since april so thats not too bad

http://www.rightmove.co.uk/property-for-sale/property-31848780.html

Wow. So this is the extent of your market research?

Bubble_and_Squeak

i love the denial
keep it going!

Bubble_and_Squeak

and the kite did fly over walthamstow again
this time over melbourne road
http://www.rightmove.co.uk/property-for-sale/property-47934560.html
it was high, very high
but not as high as the heady days of March
but how can this be? exclaimed the bull as he furiously banged away on his laptop keyboard desperately trying to bring up the last sold details
ahhhh, the relief! a loft room
albeit without a dorma but easily worth the extra £10,000 paid by the lucky owner of number 13
and his internet friends did thank him
all is well in bubbleland once again
for now...

Bubble_and_Squeak

...but not for long
the naive first time buyer decided on edmonton
why?
its relatively cheap,
however, prices have gone up in edmonton too and they're going up and they'll keep going up and soon you'll be priced out and you'll never get on the ladder the bull did say
and the naive first time buyer did do as the bull commanded
only to find that the house down the road could be bought for £20,000 less after three short months
http://www.rightmove.co.uk/property-for-sale/property-47946590.html

ukcarper

Bubble_and_Squeak wrote: »

...but not for long
the naive first time buyer decided on edmonton
why?
its relatively cheap,
however, prices have gone up in edmonton too and they're going up and they'll keep going up and soon you'll be priced out and you'll never get on the ladder the bull did say
and the naive first time buyer did do as the bull commanded
only to find that the house down the road could be bought for £20,000 less after three short months
http://www.rightmove.co.uk/property-for-sale/property-47946590.html

If he had bought 3 months ago he would be in a 3 bed semi instead of a 2 bed terrace for only £15k more.

AndyGuil

Bubble_and_Squeak wrote: »

...but not for long
the naive first time buyer decided on edmonton
why?
its relatively cheap,
however, prices have gone up in edmonton too and they're going up and they'll keep going up and soon you'll be priced out and you'll never get on the ladder the bull did say
and the naive first time buyer did do as the bull commanded
only to find that the house down the road could be bought for £20,000 less after three short months
http://www.rightmove.co.uk/property-for-sale/property-47946590.html

It is pointless looking for properties that were overpriced in the first place. The market is full of them. In reality the properies that actually sell were priced much less and only just above the selling price.

I find the amount of time during the working day you spend on here curious...

wotsthat

Bubble_and_Squeak wrote: »

and the kite did fly over walthamstow again
this time over melbourne road
http://www.rightmove.co.uk/property-for-sale/property-47934560.html
it was high, very high
but not as high as the heady days of March
but how can this be? exclaimed the bull as he furiously banged away on his laptop keyboard desperately trying to bring up the last sold details
ahhhh, the relief! a loft room
albeit without a dorma but easily worth the extra £10,000 paid by the lucky owner of number 13
and his internet friends did thank him
all is well in bubbleland once again
for now...

The 'loft room' means it's effectively a 4 bed house (albeit the third room is tiny). Number 13 also looks, from the photos, to have been modernised and has been better presented. Horses for courses - given there is only £10k between them it's neither here nor there.

Definitely not evidence of prices falling

rxg111

At the risk of being flamed again, here's one with £90,000 off:

http://www.rightmove.co.uk/property-for-sale/property-45465167.html

Whilst I agree we're not seeing prices crash and London property is still very expensive, I do think we're seeing an end to the ridiculous over-valuations that were prevalent at the beginning of the year.

Bubble_and_Squeak

AndyGuil wrote: »

It is pointless looking for properties that were overpriced in the first place. The market is full of them. In reality the properies that actually sell were priced much less and only just above the selling price.

I find the amount of time during the working day you spend on here curious...

although its by no means scientific it does give you an idea of how overheated the market is.
during the months running up to the peak i don't recall seeing any house up for less than a previous sale on that street.
its also amusing to see the excuses you bulls come up with.
this one is going for the world record on that street:
http://www.rightmove.co.uk/property-for-sale/property-32138625.html
will they get it?
clearly not