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On the market since September.. ideas why?

Grizebeck
Grizebeck Posts: 3,967 Forumite
1,000 Posts Second Anniversary Name Dropper Photogenic
edited 5 July 2023 at 6:38PM in House buying, renting & selling
This property has been on the market since Sept
Reduced in February 
9 viewings, no offers.
Anything jump out at people ?
Is it seriously over priced still?
https://www.rightmove.co.uk/properties/127040555#/?channel=RES_BUY

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Comments

  • MultiFuelBurner
    MultiFuelBurner Posts: 2,928 Forumite
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    What has the feedback been?

    What are properties similar going for locally and I mean 9 months ago. So Zoopla sold house prices search.
  • CSI_Yorkshire
    CSI_Yorkshire Posts: 1,792 Forumite
    1,000 Posts Photogenic Name Dropper
    edited 5 July 2023 at 6:49PM
    Next door sold for £290k in January last year.

    Unfortunately not the direct comparable, but the one on the right-hand side.
  • Grizebeck
    Grizebeck Posts: 3,967 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    MultiFuelBurner said:
    What has the feedback been?

    What are properties similar going for locally and I mean 9 months ago. So Zoopla sold house prices search.
    I haven't asked that. But next door sold for 290 in Jan 2022
  • Boat_to_Bolivia
    Boat_to_Bolivia Posts: 1,110 Forumite
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    edited 5 July 2023 at 6:55PM
    Probably overpriced as it would need a lot work and money spent on updating it.
  • angelasocks
    angelasocks Posts: 135 Forumite
    100 Posts Second Anniversary
    edited 5 July 2023 at 6:56PM
    It's just bog standard advice but easy to do:

    Try clearing away personal items, photos, ornaments so people can vision their ideas for the house easier.  

    Have you had any feedback from EAs on why people viewing have not made an offer?

    Those views are beautiful btw

    Have you looked at similar sold prices for the area on Right Move.

    You can use https://www.nationwide.co.uk/house-price-index/ also to work out historical prices to include price drops / increases


  • Grizebeck
    Grizebeck Posts: 3,967 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    angelasocks said:
    It's just bog standard advice but easy to do:

    Try clearing away personal items, photos, ornaments so people can vision their ideas for the house easier.  

    Have you had any feedback from EAs on why people viewing have not made an offer?

    Those views are beautiful btw

    Have you looked at similar sold prices for the area on Right Move.

    You can use https://www.nationwide.co.uk/house-price-index/ also to


    It's not my house it's one that's caught my eye. 
  • Grizebeck
    Grizebeck Posts: 3,967 Forumite
    1,000 Posts Second Anniversary Name Dropper Photogenic
    edited 5 July 2023 at 6:58PM
    Boat_to_Bolivia said:
    Probably overpriced as it would need a lot work and money spent on updating it.
    Yes that's what I am thinking. Quite a lot over priced. Trying work how far the garden actually goes down. I downloaded the title plan to help me visualise it
  • MFWannabe
    MFWannabe Posts: 2,458 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Overpriced 
    this one is in much better condition and less money
    https://www.rightmove.co.uk/properties/132719012#/?channel=RES_BUY
    MFW 2025 #50: £1139.75/£6000

    12/06/25: Mortgage: £65,000.00
    07/03/25: Mortgage: £67,000.00
    18/01/25: Mortgage: £68,500.14
    27/12/24: Mortgage: £69,278.38 

    27/12/24: Debt: £0 🥳😁
    27/12/24: Savings: £12,000

    07/03/25: Savings: £16,500

  • ManuelG
    ManuelG Posts: 679 Forumite
    Tenth Anniversary 500 Posts Combo Breaker
    Grizebeck said:
    Boat_to_Bolivia said:
    Probably overpriced as it would need a lot work and money spent on updating it.
    Yes that's what I am thinking. Quite a lot over priced. Trying work how far the garden actually goes down. I downloaded the title plan to help me visualise it

    Yeah, that garden knocks out families with young children - the pictures suggest the little darling would disappear over the edge one day!
  • Sarah1Mitty2
    Sarah1Mitty2 Posts: 1,838 Forumite
    1,000 Posts First Anniversary Name Dropper
    MFWannabe said:
    Overpriced 
    this one is in much better condition and less money
    https://www.rightmove.co.uk/properties/132719012#/?channel=RES_BUY
    Location isn`t nearly as nice though, but the original one still looks to be overpriced by about 200k.
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