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Million pound properties


Alan Dale

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  • 4 weeks later...
  • 2 weeks later...

All the usual modern design furniture clarssics on show (massive yawn). I swear if I see another Barcelona chair - current iconic object of choice if you're keen to demonstrate a total lack of imagination - this year, I might fall into a deep coma.


We've had a good peep into these properties, from the vantage point of the flats opposite. I prefer the houses down the other end of Camberwell Grove, but I suppose this one is handier for Sainsburys (if that's important to you when you're spending one and a half million quid)

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  • 1 month later...

Not sure you understand the maths *Bob* but I appreciate the sentiment.


Neverhtheless, I think Camberwell Grove and Grove Park are solid gold. There may be less resilient areas such as my own beloved Selborne Village but our freeholds, off-street parking and garages should keep us competitive.


Should be interesting. ED will also be fine. Seems there is a long queue for family homes stretching via Clapham to Fulham.

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  • 3 months later...

The people selling the one on Forest Hill Road didn't get their million+ and have decided to rent it.


Strange.. I would have thought the handy local amenities right on their doorstep (Co-Op, DIY shop, launderette, Stationers-cum-used-car-park-lot) would have swung it. Perhaps potential buyers were put-off by not being able to back their yacht out of the car park onto the busy road.

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  • 6 months later...

In the long term I can't see the ?1m+ properties multiplying exponentially in ED, relatively speaking that is. Rampant inflation or increases in house prices once the current down turn has ended may very well push the majority of properties above the figurative million pound mark. However this would have to be judged relatively to other areas of Town or indeed the Country as a whole.


What are regarded as traditional million pound properties in the sub-urban context are medium to large detached or semi-detached houses, of which there is a veritable dearth in ED proper. Considering as well the tendency of developers (I use the term very loosely mostly to describe landlords) to covert a significant proportion of the typical ED terrace houses into flats and larger properties in to multiple occupancy homes; a practice I'm glad to say is in decline thanks to a planning policy change. It is hard to imagine that the typical ED house will in the near future cost over ?1 million, under normal economic conditions.

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