Owning your own home

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  • Echoing this. Clearly location and market dependant, but by the time properties have hit online searches they often have already been shipped to people agents know are interested/looking in a certain area.

    We're informally looking for something slightly bigger near us and know of 4 properties all of which have sold before hitting Zoopla.

  • I think that part of this is traditional estate agents holding back properties from Zoopla etc. to justify their fees. There have been a number of properties near us recently that have had the sign etc go up 2 weeks before they appear online.

  • I think that part of this is traditional estate agents holding back properties from Zoopla etc. to justify their fees

    I have noticed this too. I used to think that it was to avoid paying Zoopla / RM fees on the easiest-to-sell properties, but apparently that's not how the portals' charging structures work.

  • Maybe they don't want to appear over-stocked.

  • It takes an average of 58 days to secure a sale in London. You're not behind the curve, you're just one person in a crowded market. It's madness to accept the first offer and most sellers will wait for multiple offers (bidding war).

    Get ahead of the estate agent and put some letters through doors on the streets you like?

  • Definitely think the flat market in London is overcrowded, we sold ours in Kew in December 2021. We put it on the market in November 2020...

    I don't think the worry around cladding or seemingly out of control ground rents are helping

  • Latest news from the over-heated East London property market. Our current process seems stuck, so looking at other options. Bid £1m on a £950k terraced house in Wanstead (plus we are chain free). Got a voicemail from the EA saying that we had lost as our offer was 'blown out of the water'. Lolz.

  • this is crazy inflated. Snaresbrook seems very very fought-over. what one school and a couple of traditionnal butchers can do

  • i don’t think those are kitchen cabinets but recycled office furniture from a now defunct investment company that went big on technology funds in the early 2000’s

  • 14 offers on it. There is little coming to the market and an army of buyers with deep pockets!

  • this is crazy inflated. Snaresbrook seems very very fought-over. what one school and a couple of traditional butchers can do

    As always, what's the alternative? If you want 1,500 sqft, green space / kids' stuff and a reasonable commute, what can you get for no more than £1 mm that's better?

    In South / West London that house is £1.3+ mm.

  • Ok i'll retract that, this is not crazy inflated. I meant in general Snaresbrook attracts strong bidding compared to other areas within touching distance. because it is that wealthier little pocket, not quite fully Essex, once you pass the more popular postcodes. and that school.
    And you are right, very much on the West london trajectory. But you have to define Kids' stuff.

  • Which school?

  • Your old kitchen look similar to our! That’s a pretty impressive transformation.

  • £1 million is quite a lot. There are plenty of alternatives with less of a commute around that area, just no artisanal butchers or wealthy neighbors... but still the same park. I think the lack of alternatives are determined by someone's priorities. The whole South/West London isn't my cup of tea, bit too much golf club and peloton bike

  • At least now I know that our house would be worth £2m if it was bigger, Victorian and a few streets away

  • £1 million is quite a lot. There are plenty of alternatives with less of a commute around that area

    It certainly is and I didn't mean to insinuate that it wasn't, but I don't see much on RM that combines such proximity to the Tube and the park without being close to the main roads.

    Generally I think the assertion that people pay over the odds just to be near wanky shops and not live near C2DE groups is overdone. The causality runs the other way (i.e. people get priced out of good locations).

  • Don't forget with a traditional agent it's the fee +VAT yet another industry that quotes ex vat to customers who are 99% of the time not going to be able to claim it back.

  • I want to paint my living room calke green or something like that but everyone person I ask for their opinion says it is too dark and to go for a light colour.
    On the selling point around sofas.... is that going to deter a buyer when I sell it?

    I was thinking about a light colour and then a statement wall but can't see how that would work with picture rails with white above the rail.


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  • Try taking some more general photos and doing a preview in photoshop with a quick mask. Happy to help if you are not familiar with the software :) P.S: I would go with the dark bluish green or the lighter tiffany blue

  • I think we did calke green, well the B&Q colour match of it, and it's great. I reckon our room is smaller and darker than yours as well, so you'd be fine from a not-being-too-dark point of view. White cornicing looks nice above it.

  • That would be amazing if you could please, not familiar with it myself. Would you try match the white above the picture rails to the wood around the windows?
    The top middle one or the middle right?
    This lounge looks ace https://www.rightmove.co.uk/properties/119100233


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  • I think having white above a picture rail might lighten it too. Cheers. Should not have ripped the lower lining paper but learning with this whole thing

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Owning your own home

Posted by Avatar for Hobo @Hobo

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