In other news, I've got a friend who bought a house with their partner 2 years ago in the middle of nowhere in Surrey. They paid 425, did nothing to the house part from plant some flowers. Now they've split up and are selling except for some reason they think they can now get 500k for it. It's been a couple of months and they've dropped to 475 but as you can imagine it's not going well. They've had 1 offer of 425 which was immediately declined. There's not enough similar houses that sold in the last year to get a good idea of what current market rate is but my feeling is it's basically what they originally paid for it. I'm mainly just enjoying the show.
Near Redhill somewhere. In a suburban little cul-de-sac. Not really rural with not exactly a large garden, still got neighbours on both sides but also not near a train station, school or shops or anything. The worst of all worlds.
In other news, I've got a friend who bought a house with their partner 2 years ago in the middle of nowhere in Surrey. They paid 425, did nothing to the house part from plant some flowers. Now they've split up and are selling except for some reason they think they can now get 500k for it. It's been a couple of months and they've dropped to 475 but as you can imagine it's not going well. They've had 1 offer of 425 which was immediately declined. There's not enough similar houses that sold in the last year to get a good idea of what current market rate is but my feeling is it's basically what they originally paid for it. I'm mainly just enjoying the show.