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Yes it probably will.
We are close to fucking the whole trying to find a new house in e11 or e12 off to be honest.
We viewed one actually pretty near to the one you viewed with the same agent (St Margarets road). The agent gave me a load of old flannel about the market softening and what a great position we were in, and how the sellers were ethical people who had priced it fairly.
We offered 820 initially then went to 840 best and finals, and then the cunt was on the phone trying to pump us for more saying a cash buyer was prepared to offer significantly more.
I told her there was very little for us to discuss in those circumstances and told her she best call her cash buyer back.
The whole market seems to me to be completely out of control.
princeperch
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The sad thing is the place will probably go for £50k over asking.