Surely they've mispriced this house?? Any Estate Agents or Property Experts able to comment?

[wtfiswiththishouse3]

I've namechanged for this - this house is on my road and I don't want this post linked to my others.

www.zoopla.co.uk/for-sale/details/55501879?search_identifier=160c182890cd195c887072dc94ba80e4

I am just flabbergasted. How do the prices get set?

I was actually looking on Zoopla because I am thinking about extending or moving and I wanted to see what asking prices are doing.

This seems to be at least £250k more than anything similar locally.

It is a nice road with a good primary school, good transport links and green space nearby but it's not an especilaly nice bit of London and no similar properties have sold for even nearly this price.

Does the Estate Agent decide the price? Or can the vendor say 'put it on for £1m - I don't care what you say'?

The decor is not at all to my taste but it's obviously been finished well - however it's so 'characterful it's unlikely to appeal to lots of people.

Or maybe IABU and this is actually what my house is also worth. Woohoo!

Battles is at the top of Haydon's Road (the proper South Wimbledon end) though. I think you'd be hard pushed to decribe anything on Queen's Road as South Wimbledon really? Heck Merton Park is more S. Wimbledon...

Hmm, wherever it is, they call it Wimbledon. I agree it’s a dicey area - closer to Tooting than Wimbledon really - but at the end of the day it’s still SW19 and apparently you can get in excess of 1.6m for a terraced house.

That’s great news for me, we’re about to extend and I was wondering if we’d ever recoup the investment! I’m just slightly bewildered that people will pay this much, but the problem is that properties in the village are now so expensive that it pushes prices up everywhere around.

Besides, so many Wimbledon houses have been done up on the cheap - bad extensions, beige bathrooms, generic lofts and side returns - it’s hard to muster enthusiasm for them. You look at listings and end up thinking “hmm, it would cost us another £x to make this house fit our needs - or even look vaguely acceptable”.

One person's Wimbledon is another's Tooting for sure . The whole of Queen's Road (and the area around it) may become a lot less desirable once the new Wimbledon FC stadium is open for football business, and there are lots of fans milling up and down it.

It is a nice road with a good primary school, good transport links and green space nearby but it's not an especilaly nice bit of London and no similar properties have sold for even nearly this price.

Good Primary school? tick
Good Transport links? tick
Green space? tick
London area? tick

Well it is Wimbledon because it has an SW19 postcode. But when we lived there our 'official' address (according to Merton Council) was Colliers Wood - go figure!

@wtfiswiththishouse3 I see that they reduced the price of the house in the OP to £899,950 and it's how under offer, we'll have to see what they actually got for it when the land registry comes through.

I was by LML last night and saw a queue of traffic trying to get in, so I guess the madness has started, good luck, I'll give it another week or so before we pop down!

another week or so ...or 6 months

To be honest, I think its stunning! I mean the living room isn't to my taste at all, well, most of the house if I had decorated probably wouldn't look anything like that, but I like it, I think it works. The garden is gorgeous and that kitchen 😍😍. I live up north and it a little town where houses are cheap, so yea it looks pricey to me, but I understand the valuation tbh. If yours is like this then good on you mate!

900k for a semi?

FTFAGOS!!

@ghostyslovesheets

another week or so ...or 6 months

[quote Svalberg]@wtfiswiththishouse3 I see that they reduced the price of the house in the OP to £899,950 and it's how under offer, we'll have to see what they actually got for it when the land registry comes through.

I was by LML last night and saw a queue of traffic trying to get in, so I guess the madness has started, good luck, I'll give it another week or so before we pop down![/quote]
Gonna take some photos? I wanna see this madness

I'll see what I can do...

The house and garden are lovely, with the exception of some of the wallpaper. I really like it