Another one - no interest in house

ginvzt

Thanks for all your comments.

GavP wrote: »

So you're assuming that the value of your property has gone up over 10% in the last 12 months? Even taking into account that you've done a bit of work on it that seems very optimistic in the current climate.

Thanks for all the comments.

We bought a house for £135k because the seller was desperate and took an offer of £10k less below the asking price. House was dirty and in need of freshening up. Not talking of all the cracks of settling house when the walls are drying. The other end of the terrace, a bit smaller house sold for £145950 in May last year. Number 5 is exactly like ours.

We put at the price it is because we wanted to have some space for negotiation. We are going to reduce the house price now and probably offer to pay the stamp duty for the buyer.

RHemmings

cells wrote: »

just FYI, the largest price anyone on your street sold for was

• 5, Chaplin Close, Sileby
• Type : Terraced
  • Sale Date : 30 March 2007
  • Price : £146,250 (Freehold)

so unless your home is far better than no 5 you will be setting a record on your street if you sold for 150k

But 49 Chaplin Close sold for £154K in November 2007. So there is at least a precedent for the price the OP is asking.

Benefits_Blagger

ginvzt, the more posts i read on this thread, the more you sound like an investor than someone who simply trying to sell their home.

if your looking for maximum profit, then your gonna have to wait 18 years for cycle to come round and peak again.

as regards to your £3k paint job, if you've been watching those property programmes in the morning, you need to know they are repeats from a few years ago.

and even then spalshing out £3k on a few jobs then didnt make the properties go up £20k, it was the rising market that did that.

cats!

If you're easily offended then don't read the comments on housepricecrash.co.uk!!

RHemmings

cats! wrote: »

If you're easily offended then don't read the comments on housepricecrash.co.uk!!

http://www.housepricecrash.co.uk/forum/index.php?showtopic=72265

Great detective work, well done. The more facts that come out, the more delusional the poster sounds

Except of course that this "research" seems to have missed at least one property sale that supports the asking price for the house. Whether or not "developments" in the housing market mean that over £150K can be achieved or not is a valid question, and will be the question the OP needs to seriously consider. But the HPC'ers are congratulating themselves on their half-baked "research".

You've got to remember that any property bear with half a brain or more posts on here and/or globalhousepricecrash.com. housepricecrash.co.uk therefore gets stuck with the kind of poster without enough intelligence to find a quality forum. And it shows.

Benefits_Blagger

RHemmings wrote: »

http://www.housepricecrash.co.uk/forum/index.php?showtopic=72265

You've got to remember that any property bear with half a brain or more posts on here and/or globalhousepricecrash.com. housepricecrash.co.uk therefore gets stuck with the kind of poster without enough intelligence to find a quality forum. And it shows.

where do you suggest he goes ? singing pig ? :rotfl:

RHemmings

Benefits_Blagger wrote: »

where do you suggest he goes ? singing pig ? :rotfl:

Singing Pig is the equal and opposite of HPC.co.uk. Full of people who think they can buy houses for half market price while this will somehow have no effect on "market price" itself.

jamesd

ginvzt, personally if I was looking to buy right now I'd be hard pressed to see why I'd be interested in offering you much, if anything, more than you paid when the annual price trend is going negative and likely to go more negative as more people have trouble getting mortgages. I'd probably offer 10% less and move on to someone else if you didn't bite - there will be someone there who's more keen to sell than you are.

I don't own a place and I'm not even in the market any more. I'm waiting for the mortgage things to do their good work and force prices down.

While you won't like reading it, if you want it sold, do what it takes now. The money trends look to be working against you, and quite rapidly. If you get out for what you paid plus costs, you've had a place to live in for a year... not that bad a deal. Good luck with the change of agents and hopefully things won't move too fast in a negative direction in your area.

PasturesNew

RHemmings wrote: »

But 49 Chaplin Close sold for £154K in November 2007. So there is at least a precedent for the price the OP is asking.

A precedent then, but selling in November 2007, it means their buyer could have been looking about July/August that year. When things were different.

PasturesNew

Just a question, but why are you selling it again so quickly?

Many buyers armed with the Internet and a TV might have formed the opinion you bought it to flip it, to spend a few quid and stick it back on the market at a higher price, to pocket a vast profit as per Homes Under the Hammer style.