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A possible bargain?

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Comments

  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    I hope the new owner has a nice shovel.
  • elsien
    elsien Posts: 37,574 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Parts of Quinton are alright if you avoid student land. And it's handy for the hospital. :)
    All shall be well, and all shall be well, and all manner of things shall be well.

    Pedant alert - it's could have, not could of.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    elsien wrote: »
    Parts of Quinton are alright if you avoid student land. And it's handy for the hospital. :)


    That's lucky. The hospital I mean.
  • maisie_cat
    maisie_cat Posts: 2,142 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Academoney Grad
    AndyTails wrote: »
    "Popular" neighbourhood? I've always wondered about that phrase.

    "Popular" presumably means that lots of people want to live there. But how do estate agents measure that? Is it because "lots of people buy houses here". But if lots of people are buying, that means lots of people are selling. So it clearly means that although its looks good from the outside, anyone who actually lives there wants to get out!
    I think it's supposed to mean that lots of people enquire about the road and demand exceeds supply. In reality it's just estate agent BS, my cul de sac is "sought after" apparently
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    getmore4less wrote: »
    It's only the cheapest now because the 4 bed detached nearby that was up for guide £44k has sold

    https://www.rightmove.co.uk/property-for-sale/property-61045686.html

    Subsiding, much?!:rotfl:
    Everything that is supposed to be in heaven is already here on earth.
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    FreeBear wrote: »
    For anyone interested, the estate agent link - https://www.shipways.co.uk/houses-for-sale/property-details/HBN107215



    On paper, doesn't look to be a particularly good neighbourhood... of the 138 houses in the postcode area, 91 are rented (80 from the council). Half the residents are classed as "low skilled or on benefits". Also predominately poor educational achievers, 44 with 1-4 GCSEs, and 92 with no GCSEs out of 224 people. Moderate levels of crime with 52 reports for January.


    On the plus side, plenty of green space close by, and only a short distance from the M5 - Still not an area I would want to live.

    Ironically, it's near to one of the best state schools in the country. It just so happens it's selective, so the local kids don't stand much of a chance of getting in.
    Everything that is supposed to be in heaven is already here on earth.
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    We bought a house just like that!

    It was supposed to be emptied on completion. It wasn't. It cost us £5k in skips just to remove the hoarded stuff (and the flattened dead rats), before we started ripping it out.
    Everything that is supposed to be in heaven is already here on earth.
  • letitbe90
    letitbe90 Posts: 345 Forumite
    AndyTails wrote: »
    "Popular" neighbourhood? I've always wondered about that phrase.

    "Popular" presumably means that lots of people want to live there. But how do estate agents measure that? Is it because "lots of people buy houses here". But if lots of people are buying, that means lots of people are selling. So it clearly means that although its looks good from the outside, anyone who actually lives there wants to get out!

    On the contrary, a popular neighborhood is one where there are far more buyers than sellers - this is measured by potentially interest/viewers/offers per sale of houses. I know some areas (especially family/school areas), a house can receive well over 10-20 offers from being listed for a single day.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    https://www.bloomberg.com/news/articles/2019-03-26/-gazundering-hits-house-prices-in-u-k-property-market
  • Slinky
    Slinky Posts: 11,645 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Crashy_Time wrote: »
    https://www.bloomberg.com/news/articles/2019-03-26/-gazundering-hits-house-prices-in-u-k-property-market




    Property prices keeping you awake Crashy?
    Make £2026 in 2026
    Prolific £177.46, TCB £10.90, Everup £27.79, Roadkill £1.17
    Total £217.32 10.7%

    Make £2025 in 2025  Total £2241.23/£2025 110.7%
    Prolific £1062.50, Octopoints £6.64, TCB £492.05, Tesco Clubcard challenges £89.90, Misc Sales £321, Airtime £70, Shopmium £53.06, Everup £106.08, Zopa CB £30, Misc survey £10

    Make £2024 in 2024 Total £1410/£2024 70%
    Make £2023 in 2023 Total: £2606.33/£2023 128.8%






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