House market lunacy
The six-bedroom home on the market for £1.9m that was worth £3.2m three months agoscreams the Mail. But on reading the story you learn that some estate agent valued it at that price, and no-one wanted to buy it. It was 'badly overpriced' and no house on the street had ever sold for more than £2m.
UPDATE: This is house is no longer the London house that has 'fallen most in value' and any newspaper reporting it as such is wrong. I put on sale my two-bed garden flat in Kensal Rise last night for £10m, and there were no takers, so I have now reduced the price to £1m, a reduction of 90%.
Labels: Daily Mail