5 Bed that was previously on at £1.3m now suddenly down to £1.1m

http://www.primelocation.com/uk-property-f...SPGU_GFD070280/

There is another property on the same road, not as good for £950k, so it may fall next. The highest price ever achieved on the road is about £850k, so these look renovated for sales look seriously over priced even with the reductions.

Guildford is being massacred according to my property bee toolbar for Rightmove. I posted before on the main page that on every page I look at there is a 5-15% reduction. Have you got it installed? Its fantastically exciting.

Yes, I have just loaded propertybee, though if it stores the history locally on disk I haven't had it on long enough to capture the drops.

Out of the properties I pointed to in Guildford, the second has now dropped from £950k to £850k. I suppose it was inevitable, both on the same road with the same agent.

Both properties appear to be amateur renovations. There do seem to be rather a lot of these in Guildford.

I think perhaps a new term is needed - Amateur Renovating to SEll.

I can therefore confirm there are a lot of ARSEs in Guildford.

Only had propert bee installed a few weeks, but some cool reductions appearing in Surrey.



Like this one

date event
2nd Mar 2008 14:59:20 * Price changed: from 'Offers in Excess of £300,000' to 'Offers in Excess of £289,950'

26th Feb 2008 20:47:33 * Price changed: from '£339,950' to 'Offers in Excess of £300,000'

25th Feb 2008 19:32:45 * Price found: £339,950

Two reductions in a week!