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Psychological Pricing
Comments
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I was a bit surprised by the 5 minute claim.Scotbot said:I know the area well. The house was bought in 2017 for 173, I bought in 2017 and would expect a10% rise which takes you to 190. I think some of the asking prices at present are overly ambitious and they are not selling. I agree Boldmere is lovely but I run down Boldmere road regularly and it takes me more than 5 minutes!
I find Google maps walking to be quite accurate.
5 mins gets you to that convenience store/furniture shop.
The real shops seemed to be more like 25mins walk.0 -
Sorry to upset you crashy but the actual rise based on land registry sales where I live nearby is 16%.Crashy_Time said:
10% rise? I honestly think you would be doing exceptionally well to break even on the 2017 price, and TBH I can`t see that happening.Scotbot said:I know the area well. The house was bought in 2017 for 173, I bought in 2017 and would expect a10% rise which takes you to 190. I think some of the asking prices at present are overly ambitious and they are not selling. I agree Boldmere is lovely but I run down Boldmere road regularly and it takes me more than 5 minutes!0 -
Let us know how that holds up next year?Scotbot said:
Sorry to upset you crashy but the actual rise based on land registry sales where I live nearby is 16%.Crashy_Time said:
10% rise? I honestly think you would be doing exceptionally well to break even on the 2017 price, and TBH I can`t see that happening.Scotbot said:I know the area well. The house was bought in 2017 for 173, I bought in 2017 and would expect a10% rise which takes you to 190. I think some of the asking prices at present are overly ambitious and they are not selling. I agree Boldmere is lovely but I run down Boldmere road regularly and it takes me more than 5 minutes!0
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