Is it easy to sell a house in East Dulwich?

[Robert Poste's Child]

According to Zoopla the average purchase price in SE22 has dropped by nearly 3% in the last six months, but still up c10% YOY. I guess 3% is low enough to be not much more than a seasonal variation, though.

[Earl Aelfheah]

From nothing more than my own observations - it seems that new properties are coming onto the market a lot quicker than existing ones are selling. It seems to have been very slow for many months now. Perhaps it'll pick up again in the spring?

[indiepanda]

Sue Wrote:

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> SebsC Wrote:

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> > Wow, 2 bed house on Silvester Road just been

> put

> > on the market for ?1.2 million!! Crazy!

> >

> >

> >

> http://www.zoopla.co.uk/for-sale/details/35897911?

>

> >

> search_identifier=4f77c90daf70733cb3cc8550836a2354

>

>

>

> That's a beautiful house though, judging by the

> pictures .....

And the square footage listed on the floor plan is about double what you'd expect for a 2 bed place. Limited market I suspect - most people would be expecting a family home for that money. I see it more as a place for a rather cool (and wealthy!)couple who do a lot of entertaining and have no desire to have kids. Am just not sure how many people like that would want to live as far out as East Dulwich.

[intexasatthe moment]

And the estate agents haven't even got the sense to photograph the flat roof on a dry day . Without the pools of standing water .

[Sue]

intexasatthe moment Wrote:

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> And the estate agents haven't even got the sense

> to photograph the flat roof on a dry day . Without

> the pools of standing water .

:))

[Blah Blah]

Looks like an upmarket bachelor pad. The kind of place American Psycho would reside at!

[spark67]

We had our ground floor flat on underhill valued in the spring last year by Foxtons, it was basically double what we paid in 2007.. we were tempted to sell and move out of the area to somewhere cheaper and get a house. But when we factored in the cost of moving and the fact we would use up all the equity on a new home much further out (which would end up myself paying more to travel in for work as it would be too far to cycle) And also leave an area where most of our friends (and our lovely neighbours) and some family live, and where we love all the local amenities, we decided against it. There's no way we could afford to buy here again, even with the equity from our flat ...or even our own flat if we came across it now.

But having seen that some properties that went up for sale at that time we had the valuation still haven't sold all these months further on has made wonder if properties are being overvalued.

I have to say, I was impressed by Foxtons, I thought we might be badgered about making our mind up to sell after we asked them around, but we didn't hear a peep until 6 months later when someone rang to ask if we were still thinking of selling at some point.