£85,000 price rise in 3 years?

markin

Its quite a jump, this one is even more.. within 1 mile

37, Halifax Road, Grenoside, Sheffield, South Yorkshire S35 8PA

£355,000 - 15 Mar 2019 4bedrooms
£232,000 - 22 Jan 2016


128, Edge Lane, Sheffield, South Yorkshire S6 1ES

£370,000 15 Feb 2019 4 bedrooms
£290,000 29 Oct 2015

Novice_investor101

My home in the same city has gone up in value from the £100k I paid for it 6 years ago to the same two bed terraces on the same street now being marketed at £150k, & they have SSTC signs outside them within a couple of weeks.
I'll be interested to see what the sold price shows up at in a few months.

Albala

The previous sale could have been one where the sellers were desperate to move a distance for family or work reasons, or were in such a bad position to sell due to something like bad debts or heading for repo. that they had to sell fast, so the buyers got a bargain. Could have been a sale to family members. Could have been anything.



As others have said, it's really about whether the price you can get it for means it is worth the money to you today. Getting a proper RICS valuation might help, as might a chat with the surveyor who did it.

Albala

markin wrote: »

Its quite a jump, this one is even more.. within 1 mile

37, Halifax Road, Grenoside, Sheffield, South Yorkshire S35 8PA

£355,000 - 15 Mar 2019 4bedrooms
£232,000 - 22 Jan 2016


128, Edge Lane, Sheffield, South Yorkshire S6 1ES

£370,000 15 Feb 2019 4 bedrooms
£290,000 29 Oct 2015

Definitely looks like something is going on there, doesn't it?

LandyAndy

zagubov wrote: »

Okay, just seen the different layouts via davidmcn's link.
The downstairs is better laid out. The upstairs not really.

You still have to go through five doors to get from the dining/living rooms to the downstairs toilet!

sammyjammy

:eek: I wouldn't pay the 2016 price for it, its very close to the Foxhill Estate.

A quick google of the street would put most people off!

Crashy_Time

https://www.dailymail.co.uk/news/article-7171049/Report-lays-Corbyns-proposal-grab-inheritances-tax-profits-family-house-sales.html

ACG

Crashy_Time wrote: »

https://www.dailymail.co.uk/news/article-7171049/Report-lays-Corbyns-proposal-grab-inheritances-tax-profits-family-house-sales.html

You cant live your life based on things that may or may not happen IF someone gets in to power that MAY affect you in 10-20-30 years time or not at all.

You would never leave the house for fear of being hit by a bus.

Crashy_Time

ACG wrote: »

You cant live your life based on things that may or may not happen IF someone gets in to power that MAY affect you in 10-20-30 years time or not at all.

You would never leave the house for fear of being hit by a bus.

What you describe is a form of mental illness, what I describe is not going neck deep in property debt on the cusp of a WTO Brexit and the strong possibility of a JC government. These events are happening now, not in ten years time, and the effect on property prices will be instant IMO.

pioneer22

I've been informed by a colleague that the area the house is in, is a bit of a !!!! hole.

But I really like the house and potentially if they're open to offers in budget.

Any suggestions how to progress?