Offering on a house “in the region of”

GrandNash89

Hi all been reading the forums for a long time and hoping if you could help me,

Viewed a house today and really liked it, mse won’t allow me to share a link, but it’s jockey road in Donnington Telford if you could have a look, and if I’m allowed to post the link I will later on

Locally market seems a bit stagnant but still showing price increases. It’s a new build and sold for 143,995 in October 2016, what would be a sensible offer?

If you all could help me, a very confused first timer buyer

kingstreet

Here's the link;-

http://www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=POSTCODE%5E4556685&insId=1&numberOfPropertiesPerPage=24&areaSizeUnit=sqft&includeSSTC=true&_includeSSTC=on&googleAnalyticsChannel=buying

juniordoc

It's a pretty big price jump in only 15 months, any idea why they are selling again so soon?
A low offer is unlikely to be accepted having only been on the market 11 days. You might have a chance with 147/148k if you wait a week or 2 and are chain free yourself.
If you want to offer sooner I would have thought you'd need to go slightly higher to have it taken off the market.

Picard91

Like JuniorDoc said, with it not been on the market long too low an offer is likely to be rejected.

Why are they selling so soon? Did they Buy/Renovate/Sell?

How bad do you want it? If not too much wait a while and go in 145/148k

GrandNash89

They are looking at downsizing, they bought the house new and want to buy a house mortgage free, we saw another house that is far cheaper and is part of a redevelopment area so might be up and coming, so this was more of a second choice but when we looked we really liked it.

Our only rush will be trying to get out of rented accommodation in 4 months time, our agent has advised us that the house we rent will go on the market and will be open to first time buyers and investors alike