to wonder where these people get £350k

[AgaPanthers]

This whole write-up screams 'twat':

www.woosterstock.co.uk/details/11751

Which is fine, there are plenty about, and they are essentially harmless.

But where do they get their hands on £350k for a tiny flat in Peckham, sorry Bellendland?

Graphic designer salary London, £20k-£30k: creativepool.com/employee/SOU/E145420/J69427/Graphic-Designer-London.php?utm_source=Indeed&utm_medium=organic&utm_campaign=Indeed

Something doesn't compute.

Robfordscrack I don't understand your point.
Everybody paid a lot less for more in London a few years ago (not venturing to guess when your hipster days were).
Have you been to Se15 lately?

Fuck knows where they get the money Aga. But still they do which is why they can keep charging silly money...

If people are not first time buyers then it's possible that they can buy quite expensive (in relation to their salary) property. Anybody who got onto the property ladder prior to 2002 will likely have a huge chunk of equity to put towards their next property, unless they were irresponsible and continually remortgaged as their property value increased.

Anyone who buys this is a fool, my 3 bedder in SE5 (just next door to Se15) was £315k!

But the last thing Peckham needs is the invasion of the skinny jeans, one of the last authentic and affordable areas of London and still with a real heart and community spirit.

Still, I guess my flat must be going up in value......

we sold a flat in SE15 for £200 only 5 years ago.
the northern terraced house we swapped it for has only increased in price by about £2.50 in that time

is SE15 really still "hipster" though? Bellenden Village has been suffering from East Dulwich Sloane overspill since before we left.

£200k obviously. we did not do quite that badly in our failed attempt to climb the property ladder

My in laws made £2.5 million on their main house over 20 years. Pretty good investment I'd say. Welcome to London folks!

That whole flat, at 44 sq m, could fit in my kitchen not so stealth boast . I remember ordering that amount of floor tiles.

Parts of Peckham are v hipstery these days. Went there this year on a saturday night for the first time in ages and was suitably shocked. Incredibly artsy and happening. Like Shoreditch but nicer in some ways. I'm too old for it now, but can see why young cool folk would dig it (man). If they (or their parents) could afford it.

I love the way they describe the bathroom as "retro" rather than "in need of modernisation", which is a more honest, if slightly more traditional, description

What a bizarre OP

I'm just gobsmacked that is worth £350k

Its not even that nice. I honestly don't know how people can afford to live in London on a normal wage or buy something so small for such a large amount of money.

In my days as a City banker EvilbSpawn that suckled from the teat of the Devil I lived in a near identical flat even down to the decor. It cost £42k and I flogged it for £115k. I often wish we'd held on to it and rented it out when I see the prices hipsters these days will pay.

' All in all a most sweet package '

This is so embarrassing it HURTS!

Prices in London are going crackers at the moment. We bought at the height in Streatham in 2007 for £370k (3 bed Victorian terrace) and now our next door neighbours have sold for £560,000. We are currently living abroad so are renting our house out, but it seems just bonkers that people would pay well over half a million for a 3 bed terrace in the arse end of Streatham! Makes me worry that when we get back in 2016 all the houses we like will be over a million (we'll need to size up as now have 3 DC and 2 dogs!).... I guess our place will have gone up too, but it's all a bit frightening.

And it is idiots pushing property prices up like this again that will cause us to have a triple dip recession

that's just round the corner from me - hipster central these days, Peckham - I think a lot of people hanging out in Peckham wouldn't be seen dead in East Dulwich, which is a change from the past when Peckham got people who wanted ED but couldn't afford it. Victoria Inn, Bussey Building, Frank Campari Bar, very funky bar I went to with hipster pal the other day that I can't remember the name off.

Sounds about right for the area these days - 3 bed terraced houses on my road are going for £800,000. We bought 10 years ago and we wouldn't be able to afford to now.

Wooster and Stock are a good agency - we'd probably use them, and they do get the prices they ask for - good photos and floorplans.

Twats. The flat doesn't have a disposition. It can't. It's a flat, it has no inherant nature of its own.