Understanding the market in hertford

What do you think about the quality and pace of housing development in Hertford?
codek2
Posts: 310
Joined: Tue 12 Nov, 2013 4:32 pm

Re: Understanding the market in hertford

Postby codek2 » Thu 26 Feb, 2015 10:15 am

Thanks, yes seems to be the case. I had friends who got outbid several times and gave up and went to watton. I guess when the time comes to make a bid strategy is going to be key. and paying over the odds :(

Kateg28
Posts: 233
Joined: Tue 03 Dec, 2013 9:53 am

Re: Understanding the market in hertford

Postby Kateg28 » Thu 26 Feb, 2015 12:57 pm

My next door neighbour sold for over the asking price and ended up in a bidding war. They actually didn't go for the highest bidder as were concerned about their financial position and potential to muck things up and slow things down.

They went for the highest bid from the subsection of the people they liked (which was a pretty intangible thing but did include the ability to move forward and not mess it all around). After watching this, when we do sell in several years time, I will consider selling and moving into rented accommodation whilst buying the next house just to break the chain and make myself more attractive as a buyer.

codek2
Posts: 310
Joined: Tue 12 Nov, 2013 4:32 pm

Re: Understanding the market in hertford

Postby codek2 » Thu 26 Feb, 2015 2:24 pm

Yup, we'll be chain free with luck so hopefully we'll stand a good chance.

codek2
Posts: 310
Joined: Tue 12 Nov, 2013 4:32 pm

Re: Understanding the market in hertford

Postby codek2 » Mon 02 Mar, 2015 9:57 am

OK another day and another house..

http://www.rightmove.co.uk/property-for ... 97139.html

So this one is a "cheap" as the foxholes one, yet is much better built, and is in a nicer location. Still a longer walk to say simom balle school, but you do get in from there. And it's a nicer walk into town.

So presumably it floods? Is that why it seems cheap? looks like a lovely cul-de-sac though

VC10
Posts: 3
Joined: Thu 05 Jun, 2014 10:29 pm

Re: Understanding the market in hertford

Postby VC10 » Fri 06 Mar, 2015 6:20 pm

We lived in Cedar close (which is next to Grange Close) for about 10 years. It never flooded in even the worst years. The smaller houses over the bridge are more likely to flood as they are next to the river rather than the mill stream. Yes it's very handy area for getting into town but it's in the catchment for Sele School which is not as well regarded as Simon Ball.

codek2
Posts: 310
Joined: Tue 12 Nov, 2013 4:32 pm

Re: Understanding the market in hertford

Postby codek2 » Sat 07 Mar, 2015 12:18 pm

ah, so it's the school thing again then. Good to know it doesnt flood!

codek2
Posts: 310
Joined: Tue 12 Nov, 2013 4:32 pm

Re: Understanding the market in hertford

Postby codek2 » Mon 16 Mar, 2015 11:16 am

Interestingly the first sale of the house on mangrove road fell through and it's now back on the market for 10k less. Not sure a 1% discount is going to attract that many new people though!

I'm sure it'll "sell" straight away again though.

and for fun this has just appeared:

http://www.rightmove.co.uk/property-for ... 72637.html

What a cool house!

Golden
Posts: 221
Joined: Sun 01 Dec, 2013 10:36 am

Re: Understanding the market in hertford

Postby Golden » Mon 16 Mar, 2015 11:38 am

Its a very nice house and was designed by its owner I believe - some good retro features if you like 60s design too!!

bubbaoshea
Posts: 56
Joined: Mon 09 Dec, 2013 3:35 pm

Re: Understanding the market in hertford

Postby bubbaoshea » Tue 17 Mar, 2015 2:23 pm

I am really struggling to understand the market as well. How can a house in Nelson St be worth over £500k. I'm now thinking of getting my house valued as it seems to be silly season.

http://www.rightmove.co.uk/property-for ... 85618.html

http://www.rightmove.co.uk/property-for-sale/property-51185618.html

codek2
Posts: 310
Joined: Tue 12 Nov, 2013 4:32 pm

Re: Understanding the market in hertford

Postby codek2 » Tue 17 Mar, 2015 4:37 pm

And also, why would you list a house at 510k? It's like they're asking for 490 really :)

Definitely does seem that the market has gone a bit bonkers - there's no lack of stock now though, and the are selling, so yeah, if you want to solidify your gains now is a good time to sell!


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