On the market since September.. ideas why?

BobT36

includemeout said:

BobT36 said:

Murphybear said:

I have followed this thread with interest.  I’m not familiar with the area (being a southerner) but the views are amazing. I had a look in my part of the world (semi rural Dorset) and a 5 bed house with views could easily go for £800k - £1 million 

Is that for a s***, old, failing to bits, wonky terrace with space issues & designed/built without electric & everything in mind, though? (Washer in the bog room, etc). 

Also you're comparing one of the most expensive areas to live in the country (outside of London), south / near Bournemouth, against (supposedly) one of the cheapest, north east / near Newcastle...
View or no view, you can get a larger / modern (purpose built) 5 bed detached for £400k up in the Durham / Newcastle surrounding area. how is a cronky old terrace worth that? It's only even a 5 bed cause they've built into the attic! 

The idea that a 5 bed house isn't a 5 bed house because some of the rooms are part of a loft conversion is a new one.

Washer in the downstairs toilet/utility room as well, total nightmare that. Much better in the kitchen instead of the dishwasher or extra cupboard space.

But for the SAME price, better having a purpose built 5-bed house AND a fully usable attic, no? Heck could even build into the attic with the latter and have a 7 bed!

The washer being there suggests space / configuration issues. Again not expected on a property at that price, in what's meant to be one of the cheapest areas of the country. 

CSI_Yorkshire

BobT36 said:

includemeout said:

BobT36 said:

Murphybear said:

I have followed this thread with interest.  I’m not familiar with the area (being a southerner) but the views are amazing. I had a look in my part of the world (semi rural Dorset) and a 5 bed house with views could easily go for £800k - £1 million 

Is that for a s***, old, failing to bits, wonky terrace with space issues & designed/built without electric & everything in mind, though? (Washer in the bog room, etc). 

Also you're comparing one of the most expensive areas to live in the country (outside of London), south / near Bournemouth, against (supposedly) one of the cheapest, north east / near Newcastle...
View or no view, you can get a larger / modern (purpose built) 5 bed detached for £400k up in the Durham / Newcastle surrounding area. how is a cronky old terrace worth that? It's only even a 5 bed cause they've built into the attic! 

The idea that a 5 bed house isn't a 5 bed house because some of the rooms are part of a loft conversion is a new one.

Washer in the downstairs toilet/utility room as well, total nightmare that. Much better in the kitchen instead of the dishwasher or extra cupboard space.

But for the SAME price, better having a purpose built 5-bed house AND a fully usable attic, no? Heck could even build into the attic with the latter and have a 7 bed!

The washer being there suggests space / configuration issues. Again not expected on a property at that price, in what's meant to be one of the cheapest areas of the country. 

It that area, just like most others, there are extremely expensive areas and very cheap areas in close proximity.

Don't fall into the trap of "it's the North East so it must be really cheap".

BobT36

Shouldn't be Bournemouth prices though, should it. I don't care what street it's on. 
That house is not a mansion, it shouldn't be priced as one. 

CSI_Yorkshire

I'd rather pay £400k for that than £350k for this.

BobT36

Oof. Nice big kitchen and (two+attic) BIG bedrooms, but still in Stockton on Tees, what are they smoking?? 
I guess an end terrace is sort of a Semi, but still..

Grizebeck

CSI_Yorkshire said:

BobT36 said:

includemeout said:

BobT36 said:

Murphybear said:

I have followed this thread with interest.  I’m not familiar with the area (being a southerner) but the views are amazing. I had a look in my part of the world (semi rural Dorset) and a 5 bed house with views could easily go for £800k - £1 million 

Is that for a s***, old, failing to bits, wonky terrace with space issues & designed/built without electric & everything in mind, though? (Washer in the bog room, etc). 

Also you're comparing one of the most expensive areas to live in the country (outside of London), south / near Bournemouth, against (supposedly) one of the cheapest, north east / near Newcastle...
View or no view, you can get a larger / modern (purpose built) 5 bed detached for £400k up in the Durham / Newcastle surrounding area. how is a cronky old terrace worth that? It's only even a 5 bed cause they've built into the attic! 

The idea that a 5 bed house isn't a 5 bed house because some of the rooms are part of a loft conversion is a new one.

Washer in the downstairs toilet/utility room as well, total nightmare that. Much better in the kitchen instead of the dishwasher or extra cupboard space.

But for the SAME price, better having a purpose built 5-bed house AND a fully usable attic, no? Heck could even build into the attic with the latter and have a 7 bed!

The washer being there suggests space / configuration issues. Again not expected on a property at that price, in what's meant to be one of the cheapest areas of the country. 

It that area, just like most others, there are extremely expensive areas and very cheap areas in close proximity.

Don't fall into the trap of "it's the North East so it must be really cheap".

Yes you have Lanchester which is lovely then Langley park just down the road! Couldn't be more different 
Or Brandon and Brandon village!!

Sarah1Mitty2

Murphybear said:

I have followed this thread with interest.  I’m not familiar with the area (being a southerner) but the views are amazing. I had a look in my part of the world (semi rural Dorset) and a 5 bed house with views could easily go for £800k - £1 million 

Can you post any examples?

Sarah1Mitty2

CSI_Yorkshire said:

I'd rather pay £400k for that than £350k for this.

They are not really comparable though are they? However both are overpriced and no one should be buying them IMO.

CSI_Yorkshire

Sarah1Mitty2 said:

CSI_Yorkshire said:

I'd rather pay £400k for that than £350k for this.

They are not really comparable though are they? However both are overpriced and no one should be buying them IMO.

Theoretically, both are terraced properties of similar bedroom count and both in "the North East".

In reality though, no, not comparable.

Rogerrabbit777

Beautiful views and outside area But people will see the amount of work that needs doing it in comparison to the price. If you are paying that sort of money you want a walk in modern property. Not something that needs modernising.