10% to 15% over asking price?

marginalone

Would £105k be too low an offer?

brit1234

ckerrd wrote: »

I am sure there will be slowdown but the average for the last year was a 16% rise (according to one of the Sundays)

Some areas have seen little movement whereas Aberdeen is going mad with more than a 30% rise in the past year.

What has changed in the last year to make properties 30% more. Sounds like pure speculation to me with no substance behind it.

Don't believe in the ramping, the only reason a property would be worth more is if it went up with normal inflation (4%) or you spent 30% on extensions and things.

Sounds like you have a real unstable bubble market up there about to go pop.

merlinthehappypig

Aberdeen has become somewhat 'fashionable' to put it bluntly. Plus prices in Aberdeenshire are generally still way behind most of England. Lots of English buyers heading that way, especially those with horses or wanting the 'good life' as land, with or without a house, is cheap.

You wouldn't have to add much to the average house price in the UK to get a decent place with several acres in Aberdeenshire. Plenty of change left over for the thermal undies as well.

When we sold in Aberdeenshire in March we got 20% over asking price, which was about average then. It wasn't unusual for flats in the city to go for 100% over.

In general the market is still rising fast up there, especially the corridor around the rail link up to Inverness.