Some observations in north london recently:
case 1:
2 chain free property, was on the market since March. Asking price 900K and 950K respectively. Based on my evaluation at that time was over 10% higher than 'fair' price. We offered 800K and 860K in April respectively and was rejected. Both houses reduce asking price to 870K and 920K 3 weeks ago, today received email from agent saying it is open to offer OIRE 850K and 900K...
case 2:
2 bed flat in the same area, on the market since last thursday, the asking price is 100% of 5 years ago. Today (one week) it reduced 10K..
case 3:
property was asking price at 1M since March, now changed with another EA with asking price at 900K today
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Property/DIY
sign of crash in london?
45 replies
itdc · 25/06/2015 23:54
OP posts:
diydolly ·
26/06/2015 08:26
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Message withdrawn at poster's request.
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