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  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.
  • SpiderLegs
    SpiderLegs Posts: 1,914 Forumite
    1,000 Posts Second Anniversary Name Dropper
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.
    If I had to guess I would imagine that in 2014 you were saying exactly the same thing about sales in 2015.
    and then in 2015 you were saying the same thing about sales in 2016
    and and and and 

    This year it’s different though I guess.

  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.
    If I had to guess I would imagine that in 2014 you were saying exactly the same thing about sales in 2015.
    and then in 2015 you were saying the same thing about sales in 2016
    and and and and 

    This year it’s different though I guess.

    So are you saying it is different, or is it business as usual in your opinion?
    https://www.plumplot.co.uk/London-property-transactions.html
    If you look at sales from 2015 you will see that I was of course accurate in my predictions, but for HPI lovers they are still right if only ten houses sell in the whole country for bubble money, right? LOL.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    hazyjo said:
    hazyjo said:
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?
    Are you asking for London areas that have increased over 40-50% since 2012? I've lost track.

    Try E4. Many nearly doubled from 2012 to now.
    Sure. The people who know what they are talking about are keeping track of London for you though, so no need to worry.
    https://www.estateagenttoday.co.uk/breaking-news/2020/10/market-shock--severe-correction-soon-for-london-as-most-of-uk-soars
    Can`t see a mini bubble in E4 making much difference to the wider picture TBH.
    I could give you many more postcodes. It's totally irrelevant anyway. 

    What's funny is the only person who seems to care about prices is you 🤣 As many of us have said, WE DON'T BLOODY CARE! We're just bored of you going on about the same subject for years and years 🙄
    You obviously care a lot otherwise you wouldn`t spend so much time saying "No No, prices have at least doubled here...look" etc. etc. IT DOESN`T MATTER WHERE PRICES HAVE DOUBLED....what matters is how the market comes out the other end of this crisis, that is what people buying now are thinking about.
  • SpiderLegs
    SpiderLegs Posts: 1,914 Forumite
    1,000 Posts Second Anniversary Name Dropper
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.
    If I had to guess I would imagine that in 2014 you were saying exactly the same thing about sales in 2015.
    and then in 2015 you were saying the same thing about sales in 2016
    and and and and 

    This year it’s different though I guess.

    So are you saying it is different, or is it business as usual in your opinion?
    https://www.plumplot.co.uk/London-property-transactions.html
    If you look at sales from 2015 you will see that I was of course accurate in my predictions, but for HPI lovers they are still right if only ten houses sell in the whole country for bubble money, right? LOL.
    Yes crashy of course it’s different. 
    every year there’s always something that you can latch on to as to why things will go down the toilet.
    And as you have demonstrated in one of those years you’ll get it vaguely in the right ball park and wooo you’ve hit the jackpot.

    Except you forget all the other years you got it so badly wrong and prices kept going up, other people bought houses, and your HPC hopes and dreams took another kick in the nuts.


  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.
    If I had to guess I would imagine that in 2014 you were saying exactly the same thing about sales in 2015.
    and then in 2015 you were saying the same thing about sales in 2016
    and and and and 

    This year it’s different though I guess.

    So are you saying it is different, or is it business as usual in your opinion?
    https://www.plumplot.co.uk/London-property-transactions.html
    If you look at sales from 2015 you will see that I was of course accurate in my predictions, but for HPI lovers they are still right if only ten houses sell in the whole country for bubble money, right? LOL.
    Yes crashy of course it’s different. 
    every year there’s always something that you can latch on to as to why things will go down the toilet.
    And as you have demonstrated in one of those years you’ll get it vaguely in the right ball park and wooo you’ve hit the jackpot.

    Except you forget all the other years you got it so badly wrong and prices kept going up, other people bought houses, and your HPC hopes and dreams took another kick in the nuts.


    You agree though that my link shows that as I predicted (year after year after year) less people want to join the Ponzi as prices rise to silly unsustainable levels? Taking out a mortgage on a house doesn`t make you financially smarter than other people, sorry to have to break that news to you as your post sounds quite bitter already TBH.
  • SpiderLegs
    SpiderLegs Posts: 1,914 Forumite
    1,000 Posts Second Anniversary Name Dropper
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.
    If I had to guess I would imagine that in 2014 you were saying exactly the same thing about sales in 2015.
    and then in 2015 you were saying the same thing about sales in 2016
    and and and and 

    This year it’s different though I guess.

    So are you saying it is different, or is it business as usual in your opinion?
    https://www.plumplot.co.uk/London-property-transactions.html
    If you look at sales from 2015 you will see that I was of course accurate in my predictions, but for HPI lovers they are still right if only ten houses sell in the whole country for bubble money, right? LOL.
    Yes crashy of course it’s different. 
    every year there’s always something that you can latch on to as to why things will go down the toilet.
    And as you have demonstrated in one of those years you’ll get it vaguely in the right ball park and wooo you’ve hit the jackpot.

    Except you forget all the other years you got it so badly wrong and prices kept going up, other people bought houses, and your HPC hopes and dreams took another kick in the nuts.


    You agree though that my link shows that as I predicted (year after year after year) less people want to join the Ponzi as prices rise to silly unsustainable levels? Taking out a mortgage on a house doesn`t make you financially smarter than other people, sorry to have to break that news to you as your post sounds quite bitter already TBH.
    That response suggests to me that if you stopped wasting all your money on crack you might be able to save up enough for a deposit.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.
    If I had to guess I would imagine that in 2014 you were saying exactly the same thing about sales in 2015.
    and then in 2015 you were saying the same thing about sales in 2016
    and and and and 

    This year it’s different though I guess.

    So are you saying it is different, or is it business as usual in your opinion?
    https://www.plumplot.co.uk/London-property-transactions.html
    If you look at sales from 2015 you will see that I was of course accurate in my predictions, but for HPI lovers they are still right if only ten houses sell in the whole country for bubble money, right? LOL.
    Yes crashy of course it’s different. 
    every year there’s always something that you can latch on to as to why things will go down the toilet.
    And as you have demonstrated in one of those years you’ll get it vaguely in the right ball park and wooo you’ve hit the jackpot.

    Except you forget all the other years you got it so badly wrong and prices kept going up, other people bought houses, and your HPC hopes and dreams took another kick in the nuts.


    You agree though that my link shows that as I predicted (year after year after year) less people want to join the Ponzi as prices rise to silly unsustainable levels? Taking out a mortgage on a house doesn`t make you financially smarter than other people, sorry to have to break that news to you as your post sounds quite bitter already TBH.
    That response suggests to me that if you stopped wasting all your money on crack you might be able to save up enough for a deposit.
    So you don`t want to engage with the reality of out of reach prices meaning that transactions just fall away year after year, and less sellers can achieve the headline averages, or anywhere near that for their house, the OP being a good example?
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    LittleMax said:
    Likely already been said a million times but I would not pay 290 for this house. 230 at most. It is a bit of a weird shape and seem very squashed. It is a nice house still but not for that amount.
    200k absolute tops IMO, and that is taking into consideration that we are in a property bubble and people`s sense of value has been twisted for years, and the fact that something sold in the street 12 months ago isn`t really relevant as 12 months is a Universe away in economic terms now.
    Oh you do make me laugh - we paid £207k for it in 2012!  
    Maybe you overpaid in 2012? Economy was ticking along back then, it isn`t now, when you sell it tell us how much then have your laugh at me, how does that sound?

    The usual Crashy BS, house prices were only just starting to recover in 2012. A year or three after that they took off.
    Ok, so how much will this house sell for?

    More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon.
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012.
    Asking prices don`t count...LOL.

    I'm talking selling prices. .... "LOL"
    Can you pop up some postcodes so we can take a look?

    Sure, look at Reading. Look at RG41 if you want to get close to my area. Thats where I've bought and sold since 2007.
    Bought at 200 sold at 250 in 2014 (after an estimated low of 150 around 2010) by 2018 houses in same road were going for 300 they are now around 300k. House prices here have been flat the last couple years.
    So,  that house I sold at 250 in 2014 would have been maybe 200 in 2012 (eg back to where i bought it 5 years previously to that)
    What you sold for in 2014 has no bearing on todays market, let us know how sales are going next year, that is the only data that counts.

    I said "More than it cost in 2012. Hopefully the OP will be round to tell us at some point soon."
    Its hard to generalise areas, but round here (central SE) prices are probably 40-50% above 2012."

    You said "Asking prices don`t count...LOL."

    I said "I'm talking selling prices. .... "LOL"

    You said "Can you pop up some postcodes so we can take a look?"

    And when i do exactly that, and you no doubt see thatsbacking up my assertion about prices rising since 2012, you change the goalposts and talk about what's going to happen in 2021 !
    Unlike you I dont profess to know.
    You have professed to know what would happen every next year since the year dot, generally been wrong, and when you were mildly right around 2010 *25% fall) instead of buying at that bottom you waited for more of a crash and kept writing that a crash was coming
    You are hopeless.
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