House price q...
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BERGS2

Original Poster:

2,839 posts

278 months

Monday 20th December 2010
quotequote all
Just a beermat estimate -

If someone paid 365k for their house in Jan '07, did nothing to improve it - what is a reasonable estimate of the current value?

Appreciate that this is a little 'how long is a piece of string' - but its clearly not £200k and also not £500k so was just wondering whatr science could be applied.


Jasandjules

72,622 posts

259 months

Monday 20th December 2010
quotequote all
What about here?

http://www.nationwide.co.uk/hpi/

(I may have totally misunderstood what you are asking for though!)

Road Pest

3,123 posts

228 months

Monday 20th December 2010
quotequote all
Minus 15%. But that is ball park due to lack of info.

g3org3y

22,504 posts

221 months

Monday 20th December 2010
quotequote all
Quite dependant where this house is I would have thought.

BERGS2

Original Poster:

2,839 posts

278 months

Monday 20th December 2010
quotequote all
anonymous said:
[redacted]
Leatherhead

sidicks

25,218 posts

251 months

Monday 20th December 2010
quotequote all
Around 5% down according to the Nationwide price calculator.

You can be more specific by choosing a region or postcode, which will give you a better idea.
smile
Sidicks

BERGS2

Original Poster:

2,839 posts

278 months

Monday 20th December 2010
quotequote all
anonymous said:
[redacted]
your knowledge of the lay of the land in surrey never fails to amaze....

Do you mean randalls road?

anyhows - as you know the area - its this one

i though it'd be worth £400k tops, but suspect this may be a little on the high side...

fido

18,918 posts

285 months

Monday 20th December 2010
quotequote all
According to HousePrices no detached houses have shifted in that road since September 2007 (???) - and from experience of selling a similar house in Epsom town centre (which is at least desirable for 2x train lines and shopping centre) it either goes in a week or so, or you end up having to drop the price to attact buyers.

Good luck but i don't think you will get your money back (unless you managed to get a very good deal on it pre-credit crunch?).


Edited by fido on Monday 20th December 10:27

BERGS2

Original Poster:

2,839 posts

278 months

Monday 20th December 2010
quotequote all
anonymous said:
[redacted]
Haha - 'Gynkhanaland' - i know exactly where you mean...

we actually viewed it yesterday - good reason for the lack of interior shots - there is NO kitchen - just a range, cupboard & sink, few carpets throughout

The sun roon on the back has the original windows still in (rest has been double glazed) switches are bakerlite (guessing original - so it'd need re-wiring & a temp kitchen at the very least)

Owner says they bought it year ago intending to renovate but (long story) didn't and have now found something else...

Quite depressing as we really liked the look and feel of the place - but the work required puts it closer to £370k in my book - might just pop in a cheeky offer & see what happens....


BERGS2

Original Poster:

2,839 posts

278 months

Monday 20th December 2010
quotequote all
fido said:
Good luck but i don't think you will get your money back (unless you managed to get a very good deal on it pre-credit crunch?).


[/footnote]
i'm looking at buying ;-)

BERGS2

Original Poster:

2,839 posts

278 months

Monday 20th December 2010
quotequote all
anonymous said:
[redacted]
I've actually done 8am reccies on a number of occasions and the road isn't that bad - most of the traffic is going north/south so that stretch doesn't seem to get that bad.

Thats a lovley looking place but 1 factors limit it for me:

1) Over a mile from station
2) Poor access to the A3 ( i currently do the daily schlep to Hammersmith up the A3)

That is actually the third house we've seen on that road, and we've offered on two:

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

Probate sales - seem to think this is work full asking - been on since the Summer

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

Dropped from £550 to £530 - i think it'll have to come down a little more....


You're dead right about Leatherhead - little going for in in its own right - but for us it keeps us close to family without Cobham prices....