Owning your own home

I had very similar (the price differential wasn't as big but it was a shorter period) and to start with I was considering how much it cost, what the refurb cost would have been, etc and not getting anywhere near the asking price and it was making me thinking it was way overpriced and unsure what to offer.

Then I took a step back and thought that the price seemed reasonable for the area before I found out the previous selling price so it shouldn't really change my position much.

Yeah - looking back at historical sale prices isn't ever going to make you feel good. Look at it now amongst others in the area to similar spec.

agreed, i think we've decided, we really like it but its not worth near the asking price (to us), given the location, we have a max price in mind.

We found the previous photo

Ouch yes don't do that!

That's very nice - though obv the staging is on point for added Aesop tax.

They've done a nice job and that and looks like it's been used as a home so you'd hope they've spent the money on it. Hard to work out what they're including in the sqft calcs though...

I think theyve included the garage and the roof terrace as 'indoor space'

Jesus! £260k in 3 years!

Yeah, garage most EAs do - the roof terrace etc is a reach!

eye-watering i know.

To be fair, our 2 bed flat did that much in 2 & 1/2 years from 2013 to 2015.

That was a 100% increase in value.

We didn’t do anything to the place...

That was a 100% increase in value.

Wild. Especially for a flat. Where was it and what happened? New tube station pop up or something?!

Seen this one previously... love that, would buy but price jump is a fair wack.

too many white walls for us too

Interesting that the previous sale states leasehold.

It was hither green.

Think that it was a combination of four things:

1. London Bridge / shard opening (15 min train)
   
2. Hither Green being ‘discovered’ not long after we moved (pub refurbished etc)
   
3. The flat being undervalued by the company that built it (ie not taking into account points 1 & 2)
   
4. Selling at the top of the market for mid 2010s
   
   

It was listed on the Saturday evening and sold £25k above asking by lunchtime on the Monday to a cash buyer. Nuts.

You can buy that for that price and have a london postcode.

oh interesting.. didnt stop that, the house is currently freehold but theres an estate fee every year..

You can buy that for that price and have a london postcode.

Yeah we've seen a few around sydenham, but tbh we like that location more than we liked sydenham

Sick burn

I removed the meanness from my original post, but yeah, would agree. Love those places, think I may have actually driven past that last night, loads of great Span era houses down South.

Croydon just has this un-washable stigma attached to it. How is it to cycle into town?

But the place I was thinking of was Paxton Green way.

Wtf. It does not.

I think my absolute ideal place is just down the road from where we are now the Lings Coppice houses (https://goo.gl/maps/cRYb3M1vPvJjAMD9A) and theres a few of them (same architect/basically identical) just round the corner from this place in Croydon too, and they're 150-200k cheaper than Dulwich.

@amey probably too far for me everyday but i dont think ill be in the office every day