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Selling at twice the price in just four years?

I am looking for a property in Muswell Hill, London area, and just saw this flat listed on Zoopla. The flat was last sold at £399,950 on 30th Mar 2010 but the seller is asking for £799,950 now, only four years after he/she bought it. That's a marked down price from £825,000, which the seller was asking for initially. Selling at twice the price in just four years!! Does this price seem right to you?

Asked on Jul 23 2014, House Prices in London | Report content

Answers (1)

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  • Land Registry house price index for Harringey Mar 2010 400.2, for May 2014 555.9. So, a greater than average rise. Whether the price is 'right' depends on many things, not least your point of view. What price are similar properties in the area? Are they actualy being sold at that price or is this kite flying.

    Answered on Jul 24 2014, Report content

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