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AIBU?

to feel gutted that I've lost half a million pounds

100 replies

pollyisntere · 14/01/2015 21:27

I sold my normal house in a scruffy part of London 10 years ago to move to Wales. I made a bit but not that much. I've just seen that it sold 5 months ago for half a million more than I got for it. I feel like such an idiot, that would have been half a million tax free. Gutted:(

OP posts:
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ssd · 14/01/2015 21:28

why worry, anyone who has had property a while and moved out of a town will be the same

count your blessings, I presume you still own a home?

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MuttonCadet · 14/01/2015 21:29

But you've had 10 years in Wales, that's got to be worth £50k a year.

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Shockers · 14/01/2015 21:29

What part of Wales? Why did you want to move there? Has your quality of life been better for the last ten years...?

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ilovesooty · 14/01/2015 21:31

You win some: you lose some.

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Altinkum · 14/01/2015 21:31

This reply has been deleted

Message withdrawn at poster's request.

Medoc · 14/01/2015 21:31

Unless you took a half million loss on the asking price, you haven't lost anything Hmm

Let's face it, you haven't had to live in a 'scruffy part of London' for the last 10 years.

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cardibach · 14/01/2015 21:31

If it was 10 weeks or even months I'd see your point, but 10 years ! You aren't an idiot, you changed your life ages ago.

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TheGirlFromIpanema · 14/01/2015 21:32

Are you serious Confused

I'm tired and can't tell.

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CatsClaus · 14/01/2015 21:32

i'm cross enough about winning Pointless three times since last monday and not having the cash.

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CorporateRockWhore · 14/01/2015 21:32

Well, you haven't lost it though, have you? Your gave up your claim a decade ago, it's not going to do you any good to look back that far bemoaning the loss.

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GillSans · 14/01/2015 21:32

Yes, but you'd have had to spend it all on another house, presumably, unless you were thinking of camping for the rest of your life.

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Mammanat222 · 14/01/2015 21:32

I'd understand if you sold it 10 months ago but it was a decade ago. You need to get a grip.

Why the interest anyway? Have you been stalking your old house?

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cardibach · 14/01/2015 21:33

Also, prices have risen considerably in Wales in the last 10 years (I know, I moved her 13 years ago), so much of your profit would have been eaten up with that.

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MrsTawdry · 14/01/2015 21:33

You'd have spent half a million in parking and coffee had you lived there for the last ten years.

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pollyisntere · 14/01/2015 21:33

Oh I know its 10 years ago, but I was planning to rent it out but decided to sell it in the end. I really was close to getting the half a million :(

OP posts:
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Finola1step · 14/01/2015 21:35

You did not "lose" anything. You bought, you sold. You got your price. The person who bought from you then got their price. Anyone who has sold a property could look at it 10 years later and ask "What if I hadn't sold?" But this is nonsense.

Maybe you missed out in selling at the mas London selling prices we have all seen. Maybe you also missed out on 10 years of London stress.

We sold up and moved out of London in 2011. If our buyers make a packet on it, so be it.

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3littlefrogs · 14/01/2015 21:35

You can't put the clock back.
The people who sold the house will have to put that money into another property which will cost them a lot more than it would have done 10 years ago.
Did you want to move to Wales?
Are you settled there?
Quality of life is important too.
I live in London - my house has gone up a lot in value, but it will never benefit me because I have to live here. It is an old house and costs a fortune to repair and maintain.
I have friends who bought their London home about 5 years before we did. They paid a lot less and have a much bigger, nicer house than us.
That is just the way things are.
I am sorry you feel so bad about it.

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Looseleaf · 14/01/2015 21:36

I think you lost the increase you could have had rather than the actual amount- in our case we put all our money (also a large amount at the time) into a building we thought a fantastic investment and it turned out it was right at the top of the market and its been unsellable since now worth so little. But I expect almost everyone would have made different decisions if could use hindsight, to different degrees.

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Finola1step · 14/01/2015 21:36

mad not mas

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Hassled · 14/01/2015 21:36

I sold a very nice 2 bedroomed flat in Dulwich in the late 80s for I think around £87K. I reckon that would be half a million now. You can't dwell on these things.

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FightOrFlight · 14/01/2015 21:37

Oh I know its 10 years ago, but I was planning to rent it out but decided to sell it in the end. I really was close to getting the half a million

Oh FFS, if I added up what I'd "lost" over the years through my poor decisions I'd go insane.

Having said that, I'll never forgive myself for refusing Brad Pitt's marriage proposal before he got the Thelma and Louise gig.

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UnexpectedItemInShaggingArea · 14/01/2015 21:39

If you were planning to rent it out the sale would not have been tax free after 10 years.

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SoMuchForSubtlety · 14/01/2015 21:40

Meh. Regret, while understandable, is a waste of time. Life can only be lived in a forward direction.

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APlaiceInTheSun · 14/01/2015 21:41

ah, if wishes were horses etc etc.. we saw last month on Zoopla that our tiny SE London flat has sold £240K more than we sold it for 3 years ago.
Our bit of London was on the way out of being scruffy when we left (we were starting to look out of place Grin )
Think about why you decided to sell - you probably had really good reasons, and they'd still be valid. 10 years is a long time you may have had to spend loads on maintenance etc. You haven't lost half a million. MrsT is spot on!

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DamnBamboo · 14/01/2015 21:42

I'll make you feel better OP.
My parents sold their house in the Bishops Park Estate in Fulham in the 80s.
They sold it for aroudn 180k.

it is now worth around £2million.

See, there are others worth off Smile

in all seriousness, sort yourself aht

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