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...my last property sold for!
RedfordML
Posts: 914 Forumite
Wow.
House we sold, (at a £10k loss to our purchase price) and we really struggled to sell in 2013 has just sold for £97k more than we sold for!!
I knew I shouldn't have looked at old house prices...
Thankfully, im in a better location now and still a home owner, and current property in those 3 years had made maybe 40% of that figure but I cant help but think what may have been.
Anyone else got stories of similar wins/losses with there last property?
House we sold, (at a £10k loss to our purchase price) and we really struggled to sell in 2013 has just sold for £97k more than we sold for!!
I knew I shouldn't have looked at old house prices...
Thankfully, im in a better location now and still a home owner, and current property in those 3 years had made maybe 40% of that figure but I cant help but think what may have been.
Anyone else got stories of similar wins/losses with there last property?
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Comments
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I sold nearly 5 years for £10k less than we paid (although not a total loss as interest on mortgage was £500 compared to £850 we would have paid for rent per month over 5 years.)
A flat in the block has sold for £87k more 4 years later!! (40% more!!)Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
Sold my last house 2.5 years ago for 210k, was a new build when I bought it a year earlier for 200k. After moving costs, fees, ERC, I had around 3k 'profit' left.
Same houses are now selling for 250k-260k, doh !!!
Could have held out for 215k at the time, but wanted a quick sale due to divorce...0 -
It would be interesting to know what parts of the country these various examples are, just for some context.
I've not bought or sold recently but certainly prices in my area (Derbyshire) seem to have shot up by about 20% in the last 2 years after barely moving for the the previous 6 years prior to that0 -
We bought our flat in east London for 53k, sold it for 100k, it's now on the market for 300k!!0
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Mine was Oxford.Should've = Should HAVE (not 'of')
Would've = Would HAVE (not 'of')
No, I am not perfect, but yes I do judge people on their use of basic English language. If you didn't know the above, then learn it! (If English is your second language, then you are forgiven!)0 -
I knew I shouldn't have looked at old house prices...
no, you really shouldn't!Anyone else got stories of similar wins/losses ...?
because if you look at really, really, old people's experience of really, really old house sales you will be very unhappy that you, like me, are not already knocking 70!
Look away now.
Because here's a selection of my purchase costs, then sales, plus current estimated values...- bought 1985 £35k, sold 1990 £73k (now worth £600k)
- bought 1997 £70k, sold 2000 £180k (now £400k)
- bought 2003 £375k, sold 2011 £649 (now £1m)
- bought 2011 £720k (now north of £1.2m)
Well, you did ask?0 -
West Wiltshire here. We bought our house 3 years ago for £170,000 (it needed work tho and it was an estate sale). The house up the road, 3 beds like ours and slightly different layout downstairs, just sold for £215,000 in less than a week. That needed a bit of work as well but not as much as this one did when we bought it.0
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Bought a place in Dublin, 2005 for E287k euro. Put it up for sale 2007, got an offer of E340k which we rejected. . . . crash!!!..... couldnt then sell it for E140k a few months later. We still have it now 10 years on. Maybe worth E200k max. Renting it out.0
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Bought for £77,500 in 2004 fitted new bathroom and installed central heating, now on the market for 60,000 and nobody exactly biting my hand off . North wales0
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Bought for £222k sold 4 years later for £341k spent about 20k doing it up0
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