Been watching sales of Hush House flats. The prices have been taking a bit of a hit. Four were up for auction on the 5th of March and from what I could find on the web, have taken a substantial hit, obviously initial sale price does not include cash backs and other incentives.

I’ve had to match the pictures from the auction which gives auction price but no flat no, to the pictures on right move, which gives flat no and guide price.

Obviously the auction price may not complete (although, I think if you agree to a hammer price it’s legally obliging). These sales are going to take a while before they show on the LR.

Worst case is a 50% loss, on a purchase price of almost £300k in Oct 03. Ouch!

There were two more lots, one which sold for £132k and another on which they will accept £137k, but not sure which flat no’s they are.

Quinch