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15 Viewings - No Offers...

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Comments

  • 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.

    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.
    So you think I didn`t know prices were rising from 2012? LOL. We also know what transactions were doing, but that is another story. Can you link to one of my predictions so we can see what you are on about?
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    What`s the latest OP, have you dropped the price, had any more viewings, had a firm offer?
  • MobileSaver
    MobileSaver Posts: 4,377 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    So you think I didn`t know prices were rising from 2012? LOL. We also know what transactions were doing, but that is another story.
    Erm, yes we do; both prices and transaction levels rose from 2012, what point were you trying to make?!?! B)
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • gerkin
    gerkin Posts: 115 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    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!  
    To be honest, if someone makes an offer of 207K take it! There are so many negatives in that house that you have acknowledged, it has forced you to move and now you expect some mug to come along and pay a premium to put up with the negatives!

  • 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.
    So you think I didn`t know prices were rising from 2012? LOL. We also know what transactions were doing, but that is another story. Can you link to one of my predictions so we can see what you are on about?

    I suspect you didnt. Because in 2012 you said prices would fall in 2013.
    Then, after they rose, in 2013 you said prices would fall in 2014.
    etc etc literally ad naseum ...
    and now in 2020 you are saying prices will fall in 2021.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    gerkin 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!  
    To be honest, if someone makes an offer of 207K take it! There are so many negatives in that house that you have acknowledged, it has forced you to move and now you expect some mug to come along and pay a premium to put up with the negatives!

    Totally agree, can`t see a 100k mark up materialising in this climate, happy to be proved wrong though....
  • LittleMax
    LittleMax Posts: 1,408 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    gerkin said:
    To be honest, if someone makes an offer of 207K take it! There are so many negatives in that house that you have acknowledged, it has forced you to move and now you expect some mug to come along and pay a premium to put up with the negatives!

    At no point have I said I have been forced to move - I said moving was a dilemma for us, we had considered staying and extending because it was such a great place to live, it was just that the downstairs was a bit small.  In the end our financial circumstances meant that we could afford something larger than the extended property would have been, so we chose to move.  
    Totally agree, can`t see a 100k mark up materialising in this climate, happy to be proved wrong though....
    Well it's not a £100k mark up.  It's around a 35% mark up which is what the market has done across the UK and in the West Midlands since 2012.  But don't worry I will come back and let you know you are wrong.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    LittleMax said:
    gerkin said:
    To be honest, if someone makes an offer of 207K take it! There are so many negatives in that house that you have acknowledged, it has forced you to move and now you expect some mug to come along and pay a premium to put up with the negatives!

    At no point have I said I have been forced to move - I said moving was a dilemma for us, we had considered staying and extending because it was such a great place to live, it was just that the downstairs was a bit small.  In the end our financial circumstances meant that we could afford something larger than the extended property would have been, so we chose to move.  
    Totally agree, can`t see a 100k mark up materialising in this climate, happy to be proved wrong though....
    Well it's not a £100k mark up.  It's around a 35% mark up which is what the market has done across the UK and in the West Midlands since 2012.  But don't worry I will come back and let you know you are wrong.
    TBH I don`t really care, if you can sell your house to someone for 300k I am genuinely happy for you (for them not so much, LOL)  I don`t think it is worth anything like that amount though.
  • Markneath
    Markneath Posts: 185 Forumite
    Third Anniversary 100 Posts Name Dropper
    In the past I have viewed properties which I felt were over priced because sometimes a house can surprise you when you view it. 
    Maybe in your case people view with this in mind but leave thinking we can get more for our money else where. 
    Anything will sell if its priced right.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Markneath said:
    In the past I have viewed properties which I felt were over priced because sometimes a house can surprise you when you view it. 
    Maybe in your case people view with this in mind but leave thinking we can get more for our money else where. 
    Anything will sell if its priced right.
    Exactly, and in difficult times there are more distressed sales around so pricing keenly is even more important.
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