Is this house too risky?

Crashy_Time

ScorpiondeRooftrouser wrote: »

Have prices crashed, or have you been consistently wrong?

Have sales volumes crashed, do you know?


http://www.dailymail.co.uk/news/article-4655918/Why-320-000-families-t-afford-move.html

Crashy_Time

The difference is in the sentiment, and who is expressing it, a few years ago this would have been a headline only on a fringe website full of "Nutters"....


http://www.dailymail.co.uk/news/article-4657812/Britain-brink-housing-price-collapse.html

SuboJvR

I dunno, the DailyMail website isn't that different from your description.

Crashy_Time

SuboJvR wrote: »

I dunno, the DailyMail website isn't that different from your description.

Many more people see it though, and sentiment is everything in a softening (great word) market?

ScorpiondeRooftrouser

Crashy_Time wrote: »

Have sales volumes crashed, do you know?


http://www.dailymail.co.uk/news/article-4655918/Why-320-000-families-t-afford-move.html

I don't care; it's irrelevant. You have claimed prices would crash. Have prices crashed or have you been consistently wrong?

teddysmum

OP, as you need to be near the station, would it not be possible to live somewhere else that is on the same train route ?


I must admit that near us (not far from Sandbach) , such a house, in a residential street would only fetch £80,000, if lucky, and you could buy a 1970s semi with garden and drive for about £90000 (ex-council) or £120000 (private build.).


That window is rather an eyesore and I agree with others that this was a slot in, possibly a single residence, at some stage. Also, why have so many houses been demolished ? To old to renovate ?

Crashy_Time

ScorpiondeRooftrouser wrote: »

I don't care; it's irrelevant. You have claimed prices would crash. Have prices crashed or have you been consistently wrong?

It isn`t irrelevant, and I still claim prices will crash.

boliston

teddysmum wrote: »

OP, as you need to be near the station, would it not be possible to live somewhere else that is on the same train route ?.....

I wonder what property prices in crewe cost within 5 minutes walk of the station - the stations on the other side all look like quite expensive commuter towns like alderley edge and wilmslow.

Crewe does have the advantage of faster trains as sandbach is mainly local trains being a minor station.

ScorpiondeRooftrouser

Crashy_Time wrote: »

It isn`t irrelevant, and I still claim prices will crash.

I know you do. No doubt you will be right one day. You've been saying it for three years, at least, and been consistently wrong. Anyone who had listened to you and not bought three years ago would have made a mistake. Are you really going to try and say "See, I was right!" when they drop for a couple of years some time in the future?

Crashy_Time

The house is really nothing special, it is over-priced, and quite small and dingy, just forget about it IMO. It hasn`t sold because the market has stalled and the seller can`t get their head around where the price needs to go, possibly 60k even?