Jump to content

Recommended Posts

AbDabs Wrote:

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

> Two relatively normal houses are shown as having

> been sold in Melbourne Grove for exactly ?1M each.

> That must be the reason why someone in

> Chesterfield grove thinks they can get ?1.2M. I'm

> tempted to start a book on that one.


But at least the Chesterfield Grove is 5 bed, how about the three bed in Crawthew Grove for ?1.2 million?

Two years ago, a property on my street went for 345k. Last November, one went for 485k which seemed an incredible increase for such a short period of time, yet a mere 5 months later, another property is up for sale at 625k. Overheated market, yes I think so.
The fact that the one on Frogley at 895 is still not sold tells me everything. Popular properties at a vaguely credible price go before they come to market. Properties still on the market after 3 weeks will inevitably be reduced and leave the owner with their greed publicly and hilariously unsatisfied. There's currently hardly anything on the market so anyone who's in a mood to buy at that price would already have done so.

What's even more galling is the amount of money estate agents earn for such sloppy, unprofessional work. Here's an ad from Haarts for a flat in a "Quite road" at which viewing is "Recomened" and which apparently has a nearby fishmonger called "Moxtons". Sigh.

http://www.rightmove.co.uk/property-for-sale/property-45512843.html

aileking Wrote:

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

> AbDabs Wrote:

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

> -----

> > Two relatively normal houses are shown as

> having

> > been sold in Melbourne Grove for exactly ?1M

> each.

> > That must be the reason why someone in

> > Chesterfield grove thinks they can get ?1.2M.

> I'm

> > tempted to start a book on that one.

>

> But at least the Chesterfield Grove is 5 bed, how

> about the three bed in Crawthew Grove for ?1.2

> million?


I'd hardly call the additional rooms bedrooms... just rooms. There's nothing special about the house and the state of the bathrooms and garden? What kind of idiot is seriously going to pay that kinda money for that rubbish? I've I had that kinda of money to burn I would expect a high end spec for that money. I'm disappointed and confused how that price tag can be applied to a property that doesn't really offer value for money *shrugs*

Looking rather like prices have peaked for the time being. Sales activity has also slowed a bit. Plenty houses coming on at daft/greed driven prices in the past month haven't sold? and are now taking offers?.there;s a limit to what the buying public will take.
The estate agents are the worst in SE22! Soooo arrogant & many unprofessional. ED is a nice area, and the property is worth as much as people are prepared to pay. I wish people would sell privately and bypass these agents. It's so easy & you just go straight to the conveyancer.

MrBen Wrote:

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

> Looking rather like prices have peaked for the

> time being. Sales activity has also slowed a bit.

> Plenty houses coming on at daft/greed driven

> prices in the past month haven't sold? and are now

> taking offers?.there;s a limit to what the buying

> public will take.


Yeah I've definitely noticed a few places sitting on the market... i.e. 3 bed houses in Peckham which need a total refurb for 750K. Or pimped-up terraced houses in ED for >1M. It's just not realistic, and in some cases just plain greedy. Hopefully we've reached a point where buyers are thinking "enough is enough".


But I fear selling privately won't take off until private sellers can add their properties to Rightmove/etc, and even if that happens, sellers will probably still get greedy with asking prices.

I think Wooster & Stock offer a 'sell it yourself' 'flat fee' service which gives you access to their usual advertising packages including portals such as Right Move - but you do the rest yourself. I think it was ?1k or something like that.


Everyone likes to make noise about doing away with the agents (at least as far as possible) but I wonder how many people have taken them up on the offer - when it came down to it?


Sounded like pretty good value to me.

The main advantage for me would be that the agents conduct the viewings. That might seem easy at the moment (show a load of people round on a Saturday and wait for the offers to flood in) but that's not how these things traditionally work... in "normal" market conditions it can take weeks or months to sell a property, and giving up your evenings and weekends to show people around would be a serious pain in the ass.
*Bob* I did mention elsewhere that we'd rented out using a portal company (uPad). and when I suggesteed maybe people should use them for sales everyone bleated on about false economy, which was just a bit weird if you ask me, seems like the future to me.

The common moan is that the agents do sod all but have access to the advertising which sells your house by itself etc etc.


I thought it was interesting to see an agent who's prepared to challenge that moan with a proposition along the lines of 'if you think it's that easy, you do it'

The thing I resent is that estate agents are usually the slowest link in the chain. Always find it hilarious to get a call from the agent saying, 'we've managed to agree x or y with the buyer/seller' and my response is usually, 'yes I know, I spoke to the buyer/seller and agreed it 2 days ago.' If you want your property transaction to take 4 months, leave it to the agents and lawyers. If you want it done in 6 weeks, do it yourself.
I can't believe that I am writing this, but having recently sold and bought, both sets of estate agents were, on the whole, brilliant. Admittedly my flat sold in 4 days, and I expected them to lose interest after that. But they nursed both deals all the way through. The weak links in the system turned out to be my solicitor (whose standards had clearly slipped since I last used them), my buyers common sense, then my lender being unable to read plain English and deciding there was a problem with my purchase, despite the surveyor telling them 4 times that there wasn't. The estate agents were great. Now I need to go and have a lie down to recover from the shock of praising estate agents...
Oh mine did lots. Lots of emails asking questions which I diligently answered, sometimes multiple times. This was followed up by an email asking ME to collate my responses! They received a very choicely worded email back telling them politely to do their job, and if they wanted one email with all the answers in, to just send one with all the questions in. He backed down pretty rapidly.

Like most things in life you get what you pay for.


From what I have seen, people try and scrimp and save on legal fees when it comes to buying / selling property and end up going with the cheapest solictor they can find...it is hardly a shock when they end up being rubbish or slow. At these low fee levels it is all about volume for a surveyancing solicitor so they will have a lot of potential transactions running at any one time.

We've tried super cheap and eye-wateringly expensive and experienced much the same service with both. The only difference with eye-wateringly expensive is that they have a shop-front on a nearby street where you can make a nuisance of yourself. Super cheap means a call centre somewhere far away which makes it far more difficult to hassle people.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Latest Discussions

    • While it is good that GALA have withdrawn their application for a second weekend, local people and councillors will likely have the same fight on their hands for next year's event. In reading the consultation report, I noted the Council were putting the GALA event in the same light as all the other events that use the park, like the Circus, the Fair and even the FOPR fete. ALL of those events use the common, not the park, and cause nothing like the level of noise and/or disruption of the GALA event. Even the two day Irish Festival (for those that remember that one) was never as noisy as GALA. So there is some disingenuity and hypocrisy from the Council on this, something I wll point out in my response to the report. The other point to note was that in past years branches were cut back for the fencing. Last year the council promised no trees would be cut after pushback, but they seem to now be reverting to a position of 'only in agreement with the council's arbourist'. Is this more hypocrisy from 'green' Southwark who seem to once again be ok with defacing trees for a fence that is up for just days? The people who now own GALA don't live in this area. GALA as an event began in Brockwell Park. It then lost its place there to bigger events (that pesumably could pay Lambeth Council more). One of the then company directors lived on the Rye Hill Estate next to the park and that is likely how Peckham Rye came to be the new choice for the event. That person is no longer involved. Today's GALA company is not the same as the 'We Are the Fair' company that held that first event, not the same in scope, aim or culture. And therein lies the problem. It's not a local community led enterprise, but a commercial one, underwritten by a venture capital company. The same company co-run the Rally Event each year in Southwark Park, which btw is licensed as a one day event only. That does seem to be truer to the original 'We Are the Fair' vision, but how much of that is down to GALA as opoosed to 'Bird on the Wire' (the other group organising it) is hard to say.  For local people, it's three days of not being able to open windows, As someone said above, if a resident set up a PA in their back garden and subjected the neighbours to 10 hours of hard dance music every day for three days, the Council would take action. Do not underestimate how distressing that is for many local residents, many of whom are elderly, frail, young, vulnerable. They deserve more respect than is being shown by those who think it's no big deal. And just to be clear, GALA and the council do not consider there to be a breach of db level if the level is corrected within 15 minutes of the breach. In other words, while db levels are set as part of the noise management plan, there is an acknowledgement that a breach is ok if corrected within 15 minutes. That is just not good enough. Local councillors objected to the proposed extension. 75% of those that responded to the consultation locally did not want GALA 26 to take place at all. For me personally, any goodwill that had been built up through the various consultations over recent years was erased with that application for a second weekend, and especially given that when asked if there were plans for that in post 2025 event feedback meetings (following rumours), GALA lied and said there were no plans to expand. I have come to the conclusion that all the effort to appease on some things is merely an exercise in show, to get past the council's threshold for the events licence. They couldn't give a hoot in reality for local people, and people that genuinely care about parkland, don't litter it with noisy festivals either.   
    • Aria is my go to plumber. Fixed a toilet leak for me at short notice. Reasonably priced and very professional. 
    • Anyone has a storage or a display rack for Albums LPs drop me a message thanks
Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...