London Has Peaked

Bubble_and_Squeak

Joeskeppi wrote: »

'kin hell.

http://www.zoopla.co.uk/property/74-farmilo-road/london/e17-8jw/7940641

we've already established that stats from zoopla have no relation to reality.
stick to abusing those less fortunate than yourself- thats where your talents lie

Bubble_and_Squeak

the unusual price of the last sold looks like the aftermath of a ferocious BoMaD bidding war.
http://www.rightmove.co.uk/property-for-sale/property-46043662.html
will a similar battle for the ownership of this little beauty take place?
i think we all know the answer to that one...

System

Bubble_and_Squeak wrote: »

we've already established that stats from zoopla have no relation to reality.

Umm, no we haven't.

wotsthat

Bubble_and_Squeak wrote: »

we've already established that stats from zoopla have no relation to reality.

As opposed to your methodology that directly compares 3 beds to 4 beds without any sense of shame.

wotsthat

Bubble_and_Squeak wrote: »

the unusual price of the last sold looks like the aftermath of a ferocious BoMaD bidding war.
http://www.rightmove.co.uk/property-for-sale/property-46043662.html
will a similar battle for the ownership of this little beauty take place?
i think we all know the answer to that one...

Hooray! You seem to have found a house that is asking less than a recently sold comparable house.

It was bound to happen eventually. According to your methodology prices will be down 6% since June. You're going to be disappointed.

Bubble_and_Squeak

wotsthat wrote: »

Hooray! You seem to have found a house that is asking less than a recently sold comparable house.

It was bound to happen eventually. According to your methodology prices will be down 6% since June. You're going to be disappointed.

hahaha
actually, i thought you were going to say that the cheaper one had a smaller extension!

Bubble_and_Squeak

this lot thought their extra bedroom was worth an additional £65,000 of hard earned bubble geld
now its only worth £40,000 more than the last sold
the game is not over yet...

Bubble_and_Squeak

foxtons share price now below its ipo
i hereby declare the 2014 house price bubble officially over

Conrad

I suppose 'investors' after capital growth are still buying but yield is now getting too thin in the London area for a lot of investors.

Bubble_and_Squeak

Conrad wrote: »

I suppose 'investors' after capital growth are still buying but yield is now getting too thin in the London area for a lot of investors.

looking at the way supply is building up it doesn't look like anyone is buying in london