London Has Peaked

In_For_A_Penny_2

hpifever wrote: »

Damn thats horrid and overpriced!

Its crazy. The same house in the where I grew up would still be going for about 40-50k. The price of living in London eh?

Bubble_and_Squeak

In_For_A_Penny wrote: »

Its crazy. The same house in the where I grew up would still be going for about 40-50k. The price of living in London eh?

notice how they tried the old increase the price from £310,000 to £350,000 trick on 16/08/14.
i have a funny feeling its going to take a sub £300,000 price tag to shift this pile of excrement.

Bubble_and_Squeak

supply up again in october

wotsthat

Bubble_and_Squeak wrote: »

notice how they tried the old increase the price from £310,000 to £350,000 trick on 16/08/14.
i have a funny feeling its going to take a sub £300,000 price tag to shift this pile of excrement.

http://www.rightmove.co.uk/property-for-sale/property-45643756.html

Looks like 'the old increase the price from £310k to £350k trick on 16/08/2014' worked. Sold subject to contract for £350k.

You need to bear in mind this is for a house that is truly hideous in an unpleasant area and, judging by the photos, has been occupied by tenants who don't much give a !!!! about how they live let alone worrying about the landlord's property.

If it goes through then using your own patented method of house price valuation would put it about 50% above the peak price for Rodney Place.

Bubble_and_Squeak wrote: »

supply up again in october

No wonder - it's a bonanza for sellers.

Bubble_and_Squeak

wotsthat wrote: »

Looks like 'the old increase the price from £310k to £350k trick on 16/08/2014' worked. Sold subject to contract for £350k.

You need to bear in mind this is for a house that is truly hideous in an unpleasant area and, judging by the photos, has been occupied by tenants who don't much give a !!!! about how they live let alone worrying about the landlord's property.

If it goes through then using your own patented method of house price valuation would put it about 50% above the peak price for Rodney Place.



No wonder - it's a bonanza for sellers.

maybe they should try the same trick on turner road:
http://www.rightmove.co.uk/property-for-sale/property-32170392.html

some bomads paid £511,000 for a house with less bedrooms on the other side of the street.
obviously this one is not priced highly enough. like you say, its a bonanza for sellers!

movilogo

http://www.theguardian.com/money/2014/oct/28/house-prices-england-wales-fall-market-slows

Remember to read the comments (especially the long ones) too.

Bubble_and_Squeak

movilogo wrote: »

http://www.theguardian.com/money/2014/oct/28/house-prices-england-wales-fall-market-slows

Remember to read the comments (especially the long ones) too.

lets hope its true!
can't wait to get me a foxtons mini cooper on the cheap!

wotsthat

Bubble_and_Squeak wrote: »

maybe they should try the same trick on turner road:
http://www.rightmove.co.uk/property-for-sale/property-32170392.html

some bomads paid £511,000 for a house with less bedrooms on the other side of the street.
obviously this one is not priced highly enough. like you say, its a bonanza for sellers!

Yes just ignore the fact you were wrong and move onto the next thing to be wrong about.

Bubble_and_Squeak

wotsthat wrote: »

Yes just ignore the fact you were wrong and move onto the next thing to be wrong about.

patience is a virtue!
it has to complete before you can get your rocks off
no one in their right mind would go anywhere near rodney place so its probably just a cheap estate agents trick to get the market moving

wotsthat

Bubble_and_Squeak wrote: »

patience is a virtue!
it has to complete before you can get your rocks off
no one in their right mind would go anywhere near rodney place so its probably just a cheap estate agents trick to get the market moving

Whenever you're wrong you say it's a trick. You've been tricked more times than the lovely Debbie McGee.