We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
What's going on with house prices on this street and nearby area?
Help1234
Posts: 464 Forumite
Hi, I live on this street and will be looking to move in a couple of years so have kept an eye on the housing market but I find it really confusing what is going on with the house prices. Can anyone explain?
There are these 3 houses struggling to sell:
https://www.rightmove.co.uk/property-for-sale/property-86318840.html
https://www.rightmove.co.uk/property-for-sale/property-88028477.html
https://www.rightmove.co.uk/property-for-sale/property-87168764.html
The last house has been removed as it has been unable to sell. Yet houses have recently sold for far higher prices:
https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=86375798&sale=56611724&country=england
https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=82737569&sale=90339780&country=england
https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=71706500&sale=55823657&country=england
There are these 3 houses struggling to sell:
https://www.rightmove.co.uk/property-for-sale/property-86318840.html
https://www.rightmove.co.uk/property-for-sale/property-88028477.html
https://www.rightmove.co.uk/property-for-sale/property-87168764.html
The last house has been removed as it has been unable to sell. Yet houses have recently sold for far higher prices:
https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=86375798&sale=56611724&country=england
https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=82737569&sale=90339780&country=england
https://www.rightmove.co.uk/house-prices/detailMatching.html?prop=71706500&sale=55823657&country=england
0
Comments
-
First set:
1 and 3, small rooms and concern about what will be built on the green behind.
2 has a scrappy garden.
Need money spending on them to make them someone's home. But when you look at what's been sold, know you can get something nicer, for not a lot more.
Second set:
Had TLC, money spent and appear to be cared for.
(Based on the photos, sold prices, my personal taste and not knowing the area)Mortgage started 2020, aiming to clear 31/12/2029.0 -
Number 1 of the second (sold) set has a 'third bedroom' on the ground floor and two bedrooms on the first floor. It sold for more than £30,000 than what the other 3bed houses are up for sale (three bedrooms on either the 1st floor, or two bedrooms on the 1st floor and a loft bedroom). And yet I wouldn't say that house is much more attractive/looks like it has had much more TLC in terms of my personal taste.0
-
The ones selling in Nov/Dec would have been on the market around summer last year... I wonder if it's just a bit of seasonal downturn/Brexit/Coronavirus/whatever that's meant the pool of buyers has dried up a bit?0
-
I wish house prices were this cheap in the South East. I just got a mortgage for a small 2 bed home which is priced at £300,000. My deposit was 50%. I should have just moved to Crewe and bought one of these almost outright.0
-
I have a friend who lives in Haslington and I know houses take a long time to sell there. Ultimately it seems to be a small market so just depends whether the right buyer comes along at the right time!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards
