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The property has suffered from slight subsidance during the exceptionally dry summer of 1995

We are going to buy the property which has suffered from subsidance in 1995, due to the action of tree roots on the variable but shrinkable clay subsoils. Crack damage is slight and has occurred on both the front left hand and front right hand corners. After 15 years later, now we are hesitating if we should buy it or not, does the history of the subsidance affect the value of the house? Any problem when we re sell the property? Many thanks

Asked on Oct 21 2010, House Prices in Brentwood | Report content

Answers (3)

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  • Firstly is it insured? The movement is likely to reduce the saleability and therefore the price now and when you sell. You need to speak to an engineer rather than a surveyor to get an engineers report. If you can get the work done that he advises you should be able to minimize loss in value.

    Answered on Oct 22 2010, Report content
  • Was the subsidance fixed? If so there should be guarantees and reports available. Subsidance will be off putting to some buyers and will make the property difficult to ensure so therefore it should be sold for less than similar property which are trouble free.

    Answered on Oct 23 2010, Report content
  • Having recently sold a property that had subsidence that was “fixed” back in 1992, I would say that providing that you have all the relevant guarantees and reports available and you are totally transparent with prospective buyers from the start, it should not affect the salability of the house, but as Mark says, it will still be of putting to some buyers.

    Answered on Oct 23 2010, Report content

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