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House price

ramramu9
ramramu9 Posts: 5 Forumite
in House buying, renting & selling
Hello Friends,
Could you advice me reasonable price for the following house to buy?
rightmove.co.uk/property-for-sale/property-80946068.html
«13

Comments

  • jonnygee2
    jonnygee2 Posts: 2,086 Forumite
    1,000 Posts Second Anniversary Name Dropper Combo Breaker
    I'm not going to profess to be an expert on house prices in Bristol.

    But, similar properties around look more reasonable. The construction quality and interior of this house look poor. It was bought in 2017 for £300,000 and looks like the renovation was done pretty cheaply and the interior needs redoing.

    Also - there are kitchen units in the toilet??

    I don't think the starting price would motivate me to offer. At a pinch I'd probably pay £305,00? But, I think instead I'd try and strecth to something like https://www.rightmove.co.uk/property-for-sale/property-69934144.html which looks much nicer to me.

    I might be missing some key local info here? Either that, or the list price is absurd.
  • mundibananas
    mundibananas Posts: 85 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I'm from Bristol and know the prices of the area pretty well and that price is just plain silly !

    Stoke Gifford will attract workers from the MOD, Airbus etc due to its location and it's convenient proximity to Bristol Parkway - however, it borders the Bradley Stoke (Sadly Broke) district which is a pretty souless area, lots of little boxes in little cul de sacs !
  • ramramu9
    ramramu9 Posts: 5 Forumite
    Thank You for your precise feedback. It helps before going for any decision.

    However I see any 4 BHK houses around these area is around 400+.
    I am not sure if it worth 400k for this rea,

    Thanks
  • ramramu9
    ramramu9 Posts: 5 Forumite
    Thank You for your reply.
    Would you advice a approx base price for any 4BHK house detached around this area?
  • markin
    markin Posts: 3,864 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    ramramu9 wrote: »
    Thank You for your precise feedback. It helps before going for any decision.

    However I see any 4 BHK houses around these area is around 400+.
    I am not sure if it worth 400k for this rea,

    Thanks




    Looking at 1/4 mile it seems to be the rate for a good size 4 bed, the one in the first post has a huge garden, and good size rooms for the most part.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    ramramu9 wrote: »
    Thank You for your precise feedback. It helps before going for any decision.

    However I see any 4 BHK houses around these area is around 400+.
    I am not sure if it worth 400k for this rea,

    Thanks

    Yes, there is a very strong likelihood that you are correct in thinking that IMO.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    What on earth does "4BHK" mean when it's at home?
  • caprikid1
    caprikid1 Posts: 2,590 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    AdrianC wrote: »
    What on earth does "4BHK" mean when it's at home?



    Let me google that for you.


    The term 'BHK' basically refers to the configuration of a flat or an apartment. It is an acronym for 'Bedroom- Hall- Kitchen'. ... Now a day any Apartment is having with 1BHk,2bhk,3bhk and 4bhk .
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Thank you, but I am actually capable of doing that. I just cba, and https://en.wikipedia.org/wiki/BHK wasn't a lot of use...

    It appears to be a term used almost exclusively in the Indian property market, and doesn't even really apply to the 4BHLUK in question.
  • Cakeguts
    Cakeguts Posts: 7,627 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Why has the value gone up £130k in what looks like a not very desirable area?
This discussion has been closed.
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