Bucking the trend in property prices

[ed_pete]

Melborne Grove - ?840k !

I only hope the purchaser can put up with the inconvenience of the hospital development over the garden wall.

[louisiana]

Ha ha

They must be out of their tiny minds!

[macroban]

Is that a large gravestone in front of the house?

[lpool]

Pressume it's the house being done up by J Eclair's husband. Had a look at the brochure - some interesting design ideas although didn't agree with all of them. With no off street parking and what is a very busy cut-through road I would be surprised if they got as much as ?700k.

[danrees]

Completely overdeveloped and ridiculous.

[Pongo]

ed_pete Wrote:

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> Melborne Grove - ?840k !

>

> I only hope the purchaser can put up with the

> inconvenience of the hospital development over the

> garden wall.

or the gradual realisation that they're a delusional tit

[benmorg]

interesting that you can buy unrefurbised equivalent, also 4 bedrooms, for 500,000:

http://wates.webdadi.biz/image.dtx?propertyid=BB9AFB70-E55A-4A68-8D73-1EC7E057C757&from=details&imageid=78C82B97-017E-4CBF-BB89-B004B2880B2D

A prospective buyer would have to be very stupid not to notice the competition is 59% of the price. Is the refurb really worth an extra ?340,000 plus view of a noisy building site for three years?

[karter]

Nice job but really overpriced as people here have said, prices are coming down...

[fish]

They've got to be kidding, surely?

[karter]

They do tend to overvalue but saying that alot of clients are happy and have achieved the price.

[Pickle]

Blimey! I live near that house... means I stand to make well over 100% on mine...

*rushes off to Foxtons to put house on market*.

I'd be VERY surprised if they get anywhere near that!

[Louisa]

That house is certainly not my cup of tea. Whatever loser came along and decided to refurb it and sell for that sort of price needs to realise that houses and appartments on the Thames with better facilities and views and within closer proximity to the city of london are going for similar values. It's east dulwich, not f****** Docklands.

Louisa.

[SimonM]

Well Foxtons put a ?1.3 million tag on an (admittedly done-up but still not terribly spacious) 5 bed semi on Underhill Road a month or two back and the "sold" sign went up after about 3 weeks.

[benmorg]

chris Wrote:

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> It seems that Upland Road is on the up, you can

> move in for a mere ?1,025,000!

> http://www.foxtons.co.uk/property-for-sale-in-east

> -dulwich/batt0328583

been on the market a month and already dropped in price ?75,000. Presumably no offers anywhere near asking price.

See attached image from rightmove with "property bee" showing the price drop. You can install property bee at http://www.property-tools.co.uk/ - it remembers houses you've browsed and highlights any changes to the listings.

[benmorg]

SimonM Wrote:

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> Well Foxtons put a ?1.3 million tag on an

> (admittedly done-up but still not terribly

> spacious) 5 bed semi on Underhill Road a month or

> two back and the "sold" sign went up after about

> 3 weeks.

yet that property is now back on the market

[macroban]

Does Foxtons have its own estate agent's lexicon?

Sold = ?

[benmorg]

macroban Wrote:

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> Does Foxtons have its own estate agent's lexicon?

>

> Sold = ?

presumably Foxton's definition of sold includes "sold", "under off", "was under offer but now back on the market", and "sold a year ago but we'll leave the sign up because it's free advertising"

[Libby]

Oops sorry, wrong link!

[Libby]

benmorg Wrote:

-------------------------------------------------------

> SimonM Wrote:

> --------------------------------------------------

> -----

> > Well Foxtons put a ?1.3 million tag on an

> > (admittedly done-up but still not terribly

> > spacious) 5 bed semi on Underhill Road a month

> or

> > two back and the "sold" sign went up after

> about

> > 3 weeks.

>

> yet that property is now back on the market

It's one of "Britain's best homes" apparently!

http://www.telegraph.co.uk/property/main.jhtml?xml=/property/2008/02/21/lpjonny121.xml

[macroban]

It's another sterile.

[benmorg]

Another house that's been Beenied by someone hoping to make millions by arranging furniture.

Getting an article in the paper is good marketing, but the Telegraph isn't flattering about the location. Even the idiots at foxtons have used pictures showing how overlooked the garden is by the neighbour's roof terrace.

[*Bob*]

Yeah.. what a really, really horrible house.

Gosh, I'd certainly hate to live there, I can tell you.

[safesurfer]

jesus there are some sad people on this forum, they can't help but pass judgement on things they really know nothing about. the guy who said the house on underhill road "really wasn't that spacious " must live in a palace as its actually one of the largest houses in SE22 on the market right now. and it wasn't "beenied" either. it was and is as far as i know under offer and proceeding. and no, its not my house but i happen to know the people who own it and its shoddy behavior, in my opinion to start pin pointing particular people (or their houses in this case) for your particular brand of what sounds like jealousy. just think, if you knew the people you gossip about perhaps you wouldn't do it?

edited out of courtesy

[*Bob*]

C'mon Safesurfer.. you know how it works.

If The Telegraph says it's a dream home and the price tag is way out of people's reach, then the appropriate response is to slag it off (even though most people would piss their pants at the chance of living in such a blatantly top-notch abode)

Get with the programme.. join in the Cult of Envy.

[benmorg]

It's a very dangerous time to be buying houses and people have got every right to be skeptical about the merits of properties that have been refurbed by developers (as the Telegraph article implies) and put up for sale at hundreds of thousands of pounds more than anything comparable.