House prices in Forest Hill - are they *definitely* on the up?
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Bcm
Posts: 187
Joined: May 2010
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17-01-2014 01:34 PM
Thank you P1971, you just found a me a new park to visit that I didn't even know existed!
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Southlonder
Posts: 119
Joined: Aug 2009
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17-01-2014 02:50 PM
prices are only going to go one way, and they are not inflated. Not at least when comparing to those areas which FH still serves in an overspill capacity. I know for a fact that my own property would be worth £900k in East Dulwich. You can therefore safely assume that eventually my house will increase to that price, but which time the ED property would be worth £1.2m.
As long at FH serves as an overspill area to more expensive postcodes, people will continue to pay increasing higher prices.
That's the reality of it folks.
This post was last modified: 17-01-2014 02:51 PM by Southlonder.
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jaykayla
Posts: 22
Joined: Aug 2010
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17-01-2014 03:46 PM
We recently had our property valued by a real estate agent. We have a 3 bed 1920's style house off Grierson Road near HOP station. The agent valued it at 585k, and thought it might get over 600k if there was a competitive bid process.
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Fish Face
Posts: 135
Joined: Nov 2007
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17-01-2014 04:26 PM
Mine would be worth £2 million.
Not really.
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Mr_Numbers
Posts: 513
Joined: May 2012
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17-01-2014 05:10 PM
Still, my best friend has four houses.
There's the problem, right there.
Why is that a problem? Presumably the friend rents them out and doesn't actually live in all four houses.
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daveherne
Posts: 212
Joined: Jul 2012
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17-01-2014 06:28 PM
We recently had our property valued by a real estate agent. We have a 3 bed 1920's style house off Grierson Road near HOP station. The agent valued it at 585k, and thought it might get over 600k if there was a competitive bid process.
is that one of parbury/kilgour etc?...
This post was last modified: 17-01-2014 06:29 PM by daveherne.
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jaykayla
Posts: 22
Joined: Aug 2010
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17-01-2014 06:54 PM
Yup. Doesn't look too far off the mark given one in Grierson is asking for something over 600k, and another in Riseldine wants 575k. 18 months ago, these were selling for low to mid 400's.
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MightyMouse
Posts: 122
Joined: Apr 2012
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17-01-2014 09:30 PM
Well, any comfort provided by this thread soon wore off...
*wistfully remembers 2 bed semi she bought in Liverpool, in 1997, for £43k... and sold three years later for £42.5k!*
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P1971
Posts: 816
Joined: Feb 2009
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18-01-2014 12:47 AM
BCM It's fun to find, go to the end of Clyde Vale or Terrace (lane between the chinese and hairdressers on D Rd} and take a right turn. Follow the path and find a gate and a little bit of a maze that will take you there. I find it quite enchanting, and a lucky find in SE23 if you find it, please let me know how you get on. Pauline.
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