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Estate Agents Valuations vary by 80k
Comments
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Taking this as an example, 125k price cut so far, and definitely still not worth the asking price..
https://www.rightmove.co.uk/property-for-sale/property-77356531.html
IMO what we get in property bubbles, and Cambridge was a massive one, is a total distortion of value where no one including EA`s knows what "value" is any more.0 -
Crashy_Time said:Taking this as an example, 125k price cut so far, and definitely still not worth the asking price..
https://www.rightmove.co.uk/property-for-sale/property-77356531.html
IMO what we get in property bubbles, and Cambridge was a massive one, is a total distortion of value where no one including EA`s knows what "value" is any more.
How much do you think it’s worth?0 -
Crashy_Time said:Taking this as an example, 125k price cut so far, and definitely still not worth the asking price..
https://www.rightmove.co.uk/property-for-sale/property-77356531.html
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AdrianC said:Crashy_Time said:Taking this as an example, 125k price cut so far, and definitely still not worth the asking price..
https://www.rightmove.co.uk/property-for-sale/property-77356531.html0 -
Crashy_Time said:Should have said IMOAdrianC said:"Definitely still not worth the asking price"... You did notice the "SOLD STC" flag on it, right?
How's that working out for your own accommodation requirements?3 -
AdrianC said:Crashy_Time said:Should have said IMOAdrianC said:"Definitely still not worth the asking price"... You did notice the "SOLD STC" flag on it, right?
How's that working out for your own accommodation requirements?0 -
MaterialGirl* said:Crashy_Time said:Taking this as an example, 125k price cut so far, and definitely still not worth the asking price..
https://www.rightmove.co.uk/property-for-sale/property-77356531.html
IMO what we get in property bubbles, and Cambridge was a massive one, is a total distortion of value where no one including EA`s knows what "value" is any more.
How much do you think it’s worth?0 -
Thread hijack by a crashy property double the OP's price range.
Getting desperate(again).
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More on topic for the OP then, there seems to be a TON of supply in your area, not sure about the demand?0
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smorri4 said:getmore4less said:smorri4 said:It is really hard to say, its a very unique house for its location (centre of a small market town). We are on a road with only one other detached which is listed and very characterful but also half the size. Other houses on our road are terraced or semi detached victorian houses.
It's widely thought that roads and areas have a rough value limit. It sounds like your house is the most expensive one in the street. ("We are on a road with only one other detached which is listed and very characterful but also half the size. Other houses on our road are terraced or semi detached victorian houses. ") Consequently, what you can get for your large house may be constrained by what the other, smaller houses in the street have sold for.
I've no idea whether that applies in your case. It's just a generalisation.
No reliance should be placed on the above! Absolutely none, do you hear?2
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