Overpriced or just right for today's market?

[IsNotGolden]

I know house prices have gone up in recent times (I've just sold/bought one) but I'm a bit shocked about this property: www.rightmove.co.uk/properties/126603881

Apologies if the above property is yours!

But they for asking for in excess of £270k for a house just over 800sqft.

The smallest bedroom is less than 6ft wide and the master bedroom is pretty narrow.

I wonder who would pay that?

That does seem like a lot for me. I don't know that area of Lincoln at all but to me that's more of a 2 bed than a 3 bed.

I don't know if I'm a bit out of touch too 😅😕

Strike massively overprice in my experience

I think it's worth "more" because it's detached but you can see the neighbouring house in the photo so they're not exactly that far away.

I did think Stroke might be overpricing it but whenever I see OIEO I automatically assume it's the seller saying they'll not accept anything lower than that, rather than the agent. The garden isn't that big either.

Strike* 🙄

I think it looks pretty good value, it is detached, decent garden, garage and driveway, 3 beds even if one is fairly tiny. Generally hood condition throughout. It then comes down to the area, which I'm not too familiar with.

The same house near me would be at least £80k dearer. But I don’t know the area. I don’t think the house is big enough for 4 people to live in regardless of where in the country it is. Our house is also 3 bed but a semi and 1200sqft, half as big again.

Looks to be priced right based on others on the market. There is no property near me for that price. The cheapest is a two bed park home for 500k.

Don't the area at all. My 900 sq ft house is over 650k and terraced.

Considering a bigger one sold in April for 240k I'd say it was over priced

Feb sorry

Where is your house based? 🥴

It's overpriced and will not sell. The Lincoln market is falling faster than most other areas at present - lots of reductions.

We live in a more desirable village south of where this property is located and yes, I think it is over priced.

it's a trek to a station

I too have noticed a lot of reductions in the Lincoln area recently. More reductions than new listing it seems!

It will be the artful picture of the double decker toilet roll.

I didn't even spot that!

I also just noticed we have the same mirror (although I have mine in the living room rather than the bathroom).

Anyone else still subscribe to houses for sale alerts just to be nosey 👀

Don’t know the area but it would be over £300k in the less nice part of where I am, or £100k more if in a nicer part!

A semi detached version of that exact house type would go for 250-60 where I am.

Looking at the 3 bed bungalows that are a similar price, probably an ambitious price.
DHs first house was a semi version of that house. Currently worth about 165k, but much further north!

Where I am that would be a good £450k because of the driveway

This is on for £390,000 down my mums road, similar size but a terrace with no parking

Here

I grew up in a family of 6 in a house this sized 😂

In my area of (suburban) London that would cost at about £600k

I don't know the area or house prices in Lincoln , but that seems pretty cheap to me.