Show us your real estate pawn (vol 2)
Discussion
Harry Flashman said:
Justayellowbadge said:
Bloody hell, that is absolutely shocking. A house in one of the world's most expensive cities costs some money.
Just think, if it were in Mogadishu it would cost a goat.
Sort of agree Jayb, but even despite that place's enviable location, I think that's ridiculous (clearly not though - someone has offered on it!).Just think, if it were in Mogadishu it would cost a goat.
My house, will be a fully refurbished, 6 bed, 4 bath semi-detached with just under 3000 square feet when done. It is in London (admittedly Zone 3). It will, completed, cost less than this one, uncompleted.
Mind you - location, location, location etc.
Not being funny btw, what is so fantastically special about the location that dictates a 1.3m price tag for a s
tty 3 bed semi that just about anywhere else would be significantly less than half that?Edited by TheJimi on Thursday 14th July 16:38
TheJimi said:
Harry Flashman said:
Justayellowbadge said:
Bloody hell, that is absolutely shocking. A house in one of the world's most expensive cities costs some money.
Just think, if it were in Mogadishu it would cost a goat.
Sort of agree Jayb, but even despite that place's enviable location, I think that's ridiculous (clearly not though - someone has offered on it!).Just think, if it were in Mogadishu it would cost a goat.
My house, will be a fully refurbished, 6 bed, 4 bath semi-detached with just under 3000 square feet when done. It is in London (admittedly Zone 3). It will, completed, cost less than this one, uncompleted.
Mind you - location, location, location etc.
Not being funny btw, what is so fantastically special about the location that dictates a 1.3m price tag for a s
tty 3 bed semi that just about anywhere else would be significantly less than half that?Edited by TheJimi on Thursday 14th July 16:38
TheJimi said:
What's enviable about the location of that place?
Not being funny btw, what is so fantastically special about the location that dictates a 1.3m price tag for a stty 3 bed semi that just about anywhere else would be significantly less than half that?
Because it's in a desirable part of London, and London is currently capital of the universe. Any comparison with something that looks a bit similar in the provinces is entirely pointless.Not being funny btw, what is so fantastically special about the location that dictates a 1.3m price tag for a s
tty 3 bed semi that just about anywhere else would be significantly less than half that?NomduJour said:
Because it's in a desirable part of London, and London is currently capital of the universe. Any comparison with something that looks a bit similar in the provinces is entirely pointless.
Exactly.What's the point in saying that if it were in Bradford it'd be 60k. Firstly it isn't in Bradford and secondly wherever it is, the price is set by an areas desirability.
There isn't a recommended retail price for houses.
(sigh)
Nomdujour -
Re-read what I wrote.
You'll see that I asked what makes it so special to justify the price. You wading in and telling me it's desirable is, well, kinda stating the bleeding obvious, eh?
The crux of my point wasn't that it would be £xxxk anywhere else, rather, I was questioning what makes that particular area *so* special that people are willing to pay over a million quid for a poxy (and it IS poxy, imo) 3 bed semi.
That it would be significantly cheaper elsewhere was only part of my point.
Harry answered my question, turns out there's a nice park that you can walk through to the city.
Nomdujour -
Re-read what I wrote.
You'll see that I asked what makes it so special to justify the price. You wading in and telling me it's desirable is, well, kinda stating the bleeding obvious, eh?
The crux of my point wasn't that it would be £xxxk anywhere else, rather, I was questioning what makes that particular area *so* special that people are willing to pay over a million quid for a poxy (and it IS poxy, imo) 3 bed semi.
That it would be significantly cheaper elsewhere was only part of my point.
Harry answered my question, turns out there's a nice park that you can walk through to the city.
Edited by TheJimi on Thursday 14th July 18:58
Mores the point, who is willing to cough up 1.3m for that sttip rather than walk a bit further...
I know London is a separate market to the rest of the country, with small oasis's of Surrey and the odd coastal Sandbanks of the UK only perhaps getting close to similar £/sq ft. However, what astounds me is that as such a modestly sized country with reasonable transport links (although we berate them), how there appears almost no relationship between London property and (particularly) home counties that offers a similar commute time is all out of sync in my eyes.
ttip rather than walk a bit further...I know London is a separate market to the rest of the country, with small oasis's of Surrey and the odd coastal Sandbanks of the UK only perhaps getting close to similar £/sq ft. However, what astounds me is that as such a modestly sized country with reasonable transport links (although we berate them), how there appears almost no relationship between London property and (particularly) home counties that offers a similar commute time is all out of sync in my eyes.
TheJimi said:
(sigh)
You'll see that I asked what makes it so special to justify the price. You wading in and telling me it's desirable is, well, kinda stating the bleeding obvious, eh?
Well that's all it is - you're getting an effective discount for the amount of space in that location because it's not a traditionally desirable property. You'll see that I asked what makes it so special to justify the price. You wading in and telling me it's desirable is, well, kinda stating the bleeding obvious, eh?
What makes any area desirable?
TheJimi said:
Harry answered my question, turns out there's a nice park that you can walk through to the city
Walk to the City from Belsize Park? Got to be a good hour and a half.Edited by NomduJour on Thursday 14th July 20:42
Shnozz said:
Mores the point, who is willing to cough up 1.3m for that sttip rather than walk a bit further...
Just a very short walk away, still in Belsize Park. Closer to the tube station and approx £400,000 cheaper - http://www.rightmove.co.uk/property-for-sale/prope... no work needed and with enough left to buy a nice cottage in the country for the weekends.ttip rather than walk a bit further...FourWheelDrift said:
Shnozz said:
Mores the point, who is willing to cough up 1.3m for that sttip rather than walk a bit further...
Just a very short walk away, still in Belsize Park. Closer to the tube station and approx £400,000 cheaper - http://www.rightmove.co.uk/property-for-sale/prope... no work needed and with enough left to buy a nice cottage in the country for the weekends.ttip rather than walk a bit further...NomduJour said:
Well that's all it is - you're getting an effective discount for the amount of space in that location because it's not a traditionally desirable property.
What makes any area desirable?
Different reasons for different places man! What makes any area desirable?
Bloody hell, why do you think I asked?
I don't know the answer but the answer isn't simply "coz it's a desirable area"
I'm asking why a bog standard 3 bed semi cost almost 1.3m quid in this area.
"coz it's desirable" doesn't even come close to answering that question.
The only person that's came close to answering the question is Harry and even at that, I still can't get my head around paying 1.3 million quid for a 3 bed semi because you've got nice park on your doorstep.
Edited by TheJimi on Thursday 14th July 22:37
What makes an area desirable? That's a good question and I've only limited time to answer but if I describe what I did two weeks ago it gives an idea.
On the Friday went to the Ritz for afternoon tea and after that we walked to Sketch bar on Conduit street passing Jack barclay on Berkeley Square and Bond street.
Saturday was spent house hunting in Esher, Cobham and Oxshott, an afternoon stroll in Bushy park then we went to Eel Pie island in Twickenham (the artists enclave) and a curry in Richmond.
Sunday drove ( a very easy drive) to the East end, on the way in Elephant and castle loads of the houses had garage sales so we stopped and browsed, I was heading to Bow and stopped in Shoreditch spending an hour walking around Boxpark before going to Roman Road for a Pie and mash lunch (£4)
After that we went and watched the football at the Blind Beggar on Whitechapel High Street (the notorius Krays pub)
Now as for what makes an area desirable? All of that was standard stuff people do in London (apart from the Ritz) it's easily accessible, interesting, not expensive.
If you know your way around London it's a very easy city to get about, parking is a doddle, there are thousands of things you can do for free or very little. The diversity, buzz, energy and vitality of the place is incredible. Every road you go down is interesting, it isn't a manufactured place like LA it's "Real" it works, it plays, it is alive.
I can't think of anywhere that comes close.
As for Belsize Park, you can be in Hampstead (which is ultra desirable) in 5 minutes, in 10 minutes you can be on the M1. You have Regents park and others on your doorstep, interesting shops, an established community of all different sorts of people and the timings I'm giving are actual factual not estate agent speak.
Others will put it a lot better than me but there is nowhere that offers anything close to London.
I wouldn't pay £1.3m for that place though!
On the Friday went to the Ritz for afternoon tea and after that we walked to Sketch bar on Conduit street passing Jack barclay on Berkeley Square and Bond street.
Saturday was spent house hunting in Esher, Cobham and Oxshott, an afternoon stroll in Bushy park then we went to Eel Pie island in Twickenham (the artists enclave) and a curry in Richmond.
Sunday drove ( a very easy drive) to the East end, on the way in Elephant and castle loads of the houses had garage sales so we stopped and browsed, I was heading to Bow and stopped in Shoreditch spending an hour walking around Boxpark before going to Roman Road for a Pie and mash lunch (£4)
After that we went and watched the football at the Blind Beggar on Whitechapel High Street (the notorius Krays pub)
Now as for what makes an area desirable? All of that was standard stuff people do in London (apart from the Ritz) it's easily accessible, interesting, not expensive.
If you know your way around London it's a very easy city to get about, parking is a doddle, there are thousands of things you can do for free or very little. The diversity, buzz, energy and vitality of the place is incredible. Every road you go down is interesting, it isn't a manufactured place like LA it's "Real" it works, it plays, it is alive.
I can't think of anywhere that comes close.
As for Belsize Park, you can be in Hampstead (which is ultra desirable) in 5 minutes, in 10 minutes you can be on the M1. You have Regents park and others on your doorstep, interesting shops, an established community of all different sorts of people and the timings I'm giving are actual factual not estate agent speak.
Others will put it a lot better than me but there is nowhere that offers anything close to London.
I wouldn't pay £1.3m for that place though!
FourWheelDrift said:
Shnozz said:
Mores the point, who is willing to cough up 1.3m for that sttip rather than walk a bit further...
Just a very short walk away, still in Belsize Park. Closer to the tube station and approx £400,000 cheaper - http://www.rightmove.co.uk/property-for-sale/prope... no work needed and with enough left to buy a nice cottage in the country for the weekends.ttip rather than walk a bit further...S11Steve said:
Thankyou4calling said:
If I'm not mistaken, and I don't think I am, that monstrosity appeared on here a couple of years ago.
I don't think it had the same decor but I recall Tonker commenting on the convoluted way you had to literally go outside of the house to get to certain rooms. For instance imagine you are a guest in one of the bedrooms and fancy a swim? look at the route you need to trace.
I recall that comment too, and also seem to remember that the vendor is big into towbars. For caravans. Possibly likes dags and harses too...I don't think it had the same decor but I recall Tonker commenting on the convoluted way you had to literally go outside of the house to get to certain rooms. For instance imagine you are a guest in one of the bedrooms and fancy a swim? look at the route you need to trace.
Getting from the guest bedrooms to the swimming pool doesn't look madly awkward either. Not that I'm defending the place; it's hideous.
NomduJour said:
TheJimi said:
(sigh)
You'll see that I asked what makes it so special to justify the price. You wading in and telling me it's desirable is, well, kinda stating the bleeding obvious, eh?
Well that's all it is - you're getting an effective discount for the amount of space in that location because it's not a traditionally desirable property. You'll see that I asked what makes it so special to justify the price. You wading in and telling me it's desirable is, well, kinda stating the bleeding obvious, eh?
What makes any area desirable?
TheJimi said:
Harry answered my question, turns out there's a nice park that you can walk through to the city
Walk to the City from Belsize Park? Got to be a good hour and a half.Edited by NomduJour on Thursday 14th July 20:42
Hmm.
TheJimi said:
NomduJour said:
Well that's all it is - you're getting an effective discount for the amount of space in that location because it's not a traditionally desirable property.
What makes any area desirable?
Different reasons for different places man! What makes any area desirable?
Bloody hell, why do you think I asked?
I don't know the answer but the answer isn't simply "coz it's a desirable area"
I'm asking why a bog standard 3 bed semi cost almost 1.3m quid in this area.
"coz it's desirable" doesn't even come close to answering that question.
The only person that's came close to answering the question is Harry and even at that, I still can't get my head around paying 1.3 million quid for a 3 bed semi because you've got nice park on your doorstep.
Edited by TheJimi on Thursday 14th July 22:37
I regularly play the "look at what you could have bought 1.5 hours commute away" game with myself and get a bit depressed. £1.8m out in West Berkshire/Oxfordshire, on a train line into Paddington/Liverpool Street (when Crossrail happens) would have bought me quite a lot more house than the current semi-detached house and 3 bed flat in London...
One day.
Thankyou4calling said:
What makes an area desirable? That's a good question and I've only limited time to answer but if I describe what I did two weeks ago it gives an idea.
Others will put it a lot better than me but there is nowhere that offers anything close to London.
I wouldn't pay £1.3m for that place though!
But his point was that WITHIN LONDON there would appear to be far nicer homes for a similar amount or similar homes far cheaper.Others will put it a lot better than me but there is nowhere that offers anything close to London.
I wouldn't pay £1.3m for that place though!
There is no point arguing about whether it's better to live in London or not - those who like it - do, those who don't - don't
Your weekends sound dreadful - I had friends around who camped in my wood, we cut some trees down, logged the trunks for winter firewood, the kids rode on the lawn tractor and built a big fire then we had a few beers and a BBQ.
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