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  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    Crashy_Time wrote: »
    https://www.rightmove.co.uk/property-for-sale/property-70497509.html

    Why has this one been on the market for so long, it looks like cracking value for money? You could even make it into a shop or something...

    Yes, buyers must definitely think it is worth the money.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Crashy_Time wrote: »
    https://www.rightmove.co.uk/property-for-sale/property-70497509.html

    Why has this one been on the market for so long, it looks like cracking value for money? You could even make it into a shop or something...

    Have you been to Seven Kings? :eek: Not the nicest of places.
    2024 wins: *must start comping again!*
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    hazyjo wrote: »
    Have you been to Seven Kings? :eek: Not the nicest of places.

    Obviously I was joking when I said it is any kind of value for money, it`s main value is comedy value.
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Crashy_Time wrote: »
    Obviously I was joking when I said it is any kind of value for money, it`s main value is comedy value.
    You might want to check out the sold prices then. Ain't so funny then.


    Although I sort of agree with you that there are far nicer places to spend £600k! :eek:
    2024 wins: *must start comping again!*
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    hazyjo wrote: »
    You might want to check out the sold prices then. Ain't so funny then.


    Although I sort of agree with you that there are far nicer places to spend £600k! :eek:

    I checked transactions, they are still quite funny. Of course if you want/need to sell for bubble money they are not quite so funny.

    https://www.plumplot.co.uk/Essex-property-transactions.html
  • jimbog
    jimbog Posts: 2,281 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Crashy_Time wrote: »
    https://www.plumplot.co.uk/Essex-property-transactions.html

    From your link:

    The average property price in Essex county is £344k. The average price increased by £3.6k (1%) over the last twelve months.
    Gather ye rosebuds while ye may
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Crashy_Time wrote: »
    I checked transactions, they are still quite funny. Of course if you want/need to sell for bubble money they are not quite so funny.

    https://www.plumplot.co.uk/Essex-property-transactions.html
    There are popular areas of Essex that have increased over the last year.


    There are some pig-awful areas in Essex (same as in many counties). Not sure you can really generalise and lump everything into the same box.
    2024 wins: *must start comping again!*
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    hazyjo wrote: »
    There are popular areas of Essex that have increased over the last year.


    There are some pig-awful areas in Essex (same as in many counties). Not sure you can really generalise and lump everything into the same box.

    There will be some sought after areas bucking the trend, but overall sales transactions have tanked, sold prices on a couple of very desirable properties don`t make a market.
  • hazyjo
    hazyjo Posts: 15,475 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Crashy_Time wrote: »
    There will be some sought after areas bucking the trend, but overall sales transactions have tanked, sold prices on a couple of very desirable properties don`t make a market.
    Not according to jimbog (or indeed yourself as it was your link) above.


    I'm not talking about a couple of desirable properties - just popular areas in general.
    2024 wins: *must start comping again!*
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    hazyjo wrote: »
    Not according to jimbog (or indeed yourself as it was your link) above.


    I'm not talking about a couple of desirable properties - just popular areas in general.

    Sales volumes are the lowest since the record on the graph started - 1995, increased prices on a smaller and smaller pool of houses selling just show a broken market that needs to pop. High house prices are of no benefit to ordinary people.
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