Gidget Posted November 14, 2012 Share Posted November 14, 2012 It's on the market for ?750k with Winkworth. Sounds rather ambitious to me. Or is this the new reality here? Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/ Share on other sites More sharing options...
the-e-dealer Posted November 14, 2012 Share Posted November 14, 2012 Its winkworths valuing high to get the sale.There are liars damned liars and estate agents Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592054 Share on other sites More sharing options...
LondonMix Posted November 14, 2012 Share Posted November 14, 2012 That's rediculous. Just look on rightmove's house sales figures. There you can see what actual houses have sold for by post code or by street with the original listing information including pictures and floorplates. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592069 Share on other sites More sharing options...
Gidget Posted November 14, 2012 Author Share Posted November 14, 2012 Can't do the link thing - but it looks perfectly nice but not like an amazing amount has been spent on it.Perhaps with the East London line prices are expected to go up more? Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592071 Share on other sites More sharing options...
Jeremy Posted November 14, 2012 Share Posted November 14, 2012 There aren't many houses on the market right now, so maybe they're just trying their luck. But basically, ridiculous over-valuing by the estate agent, coupled with a greedy vendor. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592080 Share on other sites More sharing options...
KidKruger Posted November 14, 2012 Share Posted November 14, 2012 No, it's just overpriced.Estate Agents are desperate for sales yet still overpricing properties, do the vendors really think they'll get that price ? No. Are they hoping for around ?680-700k ? Probably. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592083 Share on other sites More sharing options...
woodrot Posted November 14, 2012 Share Posted November 14, 2012 what is overpriced ? theres still alot of equity around in property for those who are firmly on the ladder and can exploit it - its not like this is going to be a starter home for newwly weds ( probabaly ) Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592101 Share on other sites More sharing options...
DJKillaQueen Posted November 14, 2012 Share Posted November 14, 2012 I just find is all so depressing. Where will it stop? When NO-ONE but the tiny few can afford to buy? Rents are already heading that way. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592110 Share on other sites More sharing options...
Chillaxed Posted November 14, 2012 Share Posted November 14, 2012 http://www.ft.com/cms/s/0/06b9f73c-48f9-11e1-974a-00144feabdc0.html#axzz2CBxEOa00This is a fairly useful tool. According to it, the 3-bed is way overpriced. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592121 Share on other sites More sharing options...
DaveR Posted November 14, 2012 Share Posted November 14, 2012 I'm not sure about the usefulness of that FT link. Firstly, it's from January, and I suspect prices have changed (and in SE22 gone up) since then. Secondly, the average per square foot price may well be accurate as a mathemaical mean, but probably not useful for guide prices. I doubt you will find a 3 bed period terrace (which I would guess is the most popular property type in ED) anywhere in SE22 for the equivalent of ?380 psf. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592134 Share on other sites More sharing options...
Gidget Posted November 14, 2012 Author Share Posted November 14, 2012 Maybe stuff like close proximity to St. Johns, and the station adds up but Adys Rd. is hardly a quiet and peaceful road. If it was a semi or on a more quiet road or had an amazing garden it would be worth nearer to that. It would cost at least 50k to put an extra bedroom and bathroom in it so surely the price is more 650k. 4 beds round here are going for just over 700 I believe. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592141 Share on other sites More sharing options...
zeban Posted November 14, 2012 Share Posted November 14, 2012 Completely agree DJKQ Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592170 Share on other sites More sharing options...
DaveR Posted November 14, 2012 Share Posted November 14, 2012 "I just find is all so depressing. Where will it stop? When NO-ONE but the tiny few can afford to buy? Rents are already heading that way."You can't really use house prices in East Dulwich as a basis to make generalised assertions about the housing situation (whether there may be some truth in them or not). SE22 is an expensive place by SE London standards, because people who have money, or access to credit despite the current state of the mortgage market, are willing to spend it. There are plenty of places within a few miles of SE22 where property costs half as much - literally. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592176 Share on other sites More sharing options...
Mick Mac Posted November 14, 2012 Share Posted November 14, 2012 Most people start high and accept less. I always worry about someone who says, our property was only on the market a week and we sold it already. In that case the market potentially did not have time to establish the right price of the property. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592178 Share on other sites More sharing options...
Gidget Posted November 14, 2012 Author Share Posted November 14, 2012 Mick Mac Wrote:-------------------------------------------------------> Most people start high and accept less. > > I always worry about someone who says, our> property was only on the market a week and we sold> it already. In that case the market potentially> did not have time to establish the right price of> the property.Likely to be under-priced in that case. But it can all change when the survey takes place and depends on how much deposit someone has. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592252 Share on other sites More sharing options...
ratty Posted November 14, 2012 Share Posted November 14, 2012 It's the overground that's doing it! Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592291 Share on other sites More sharing options...
zeban Posted November 14, 2012 Share Posted November 14, 2012 Maybe buying DaveR but I challenge you to find ANY reasonable rents ANYWHERE in London! Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592294 Share on other sites More sharing options...
LondonMix Posted November 14, 2012 Share Posted November 14, 2012 Look at Rightmoves market report for East Dulwich. There hasn't been a dramatic uptick in sold prices this year compared to last.http://www.rightmove.co.uk/house-prices-in-my-area/marketTrendsTotalPropertiesSoldAndAveragePrice.html?searchLocation=se22&sellersPriceGuide=Start+Search Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592296 Share on other sites More sharing options...
Gidget Posted November 15, 2012 Author Share Posted November 15, 2012 Well, there is also a three bed in Ondine Road for ?750k, but with a loft room. And a five bed in Ondine for ?795k. Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592674 Share on other sites More sharing options...
the-e-dealer Posted November 15, 2012 Share Posted November 15, 2012 Buy Buy Buy! or should that be Bye Bye Bye Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592676 Share on other sites More sharing options...
nashoi Posted November 15, 2012 Share Posted November 15, 2012 http://en.m.wikipedia.org/wiki/Anchoring#section_5 Link to comment https://www.eastdulwichforum.co.uk/topic/26727-three-bed-house-for-sale-in-adys-road/#findComment-592682 Share on other sites More sharing options...
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