Massive price cuts on Property across the UK on Zoopla?

January 9, 2019

Zoopla enables browsers to search for property in order of reductions and this can bring up some very surprising results especially if you are looking to pick up bargains… Or maybe it highlights some very poor original valuations by estate agents? Surely the below discounts can not be blamed on the recent decline in property prices or Brexit?

I choose four counties close to myself to do a basic property search of any property not including shared ownership or retirement listings. The results of some of the bigger discounts, two in each county, are below:

31.2% off – 3 bedroom flat in Brentwood, Essex: https://www.zoopla.co.uk/for-sale/details/47012267?search_identifier=4eb20d8984b445d601c6c27bceaa949d

28.6% off – 2 bedroom flat in Chigwell, Essex: https://www.zoopla.co.uk/for-sale/details/49119015?search_identifier=4eb20d8984b445d601c6c27bceaa949d

36.4% off – 4 bedroom semi-detached house in Sudbury, Suffolk: https://www.zoopla.co.uk/for-sale/details/49119015?search_identifier=4eb20d8984b445d601c6c27bceaa949d

27.3% off – 5 bedroom detached house in Twinstead, Suffolk: https://www.zoopla.co.uk/for-sale/details/45780790?search_identifier=7664a52fe9ecaafd0fe172e334971fe1

37.5% off – 1 bedroom flat in Canterbury, Kent: https://www.zoopla.co.uk/for-sale/details/44944350?search_identifier=b1596466f0d1d4461c975e6007900216

35.6% off – 2 bedroom flat for sale in Rolvenden, Kent: https://www.zoopla.co.uk/for-sale/details/40962113?search_identifier=b1596466f0d1d4461c975e6007900216

30 % off – 3 bedroom semi-detached house in Hemel Hempstead in Hertfordshire: https://www.zoopla.co.uk/for-sale/details/48816715?search_identifier=d165b60a54c14ae7e9c851a3c5f2f5e3

26.7% off – 6 bedroom detached house in Watford, Hertfordshire: https://www.zoopla.co.uk/new-homes/details/45287865?search_identifier=d165b60a54c14ae7e9c851a3c5f2f5e3

 

 

 

 

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Estate Agent Talk

Closing the gap on client relationships and recommendations

New research from iamproperty has highlighted the growing disconnect between what buyers and sellers want from their agent and what they experience, which could be killing recommendations from happy clients. iamproperty’s quarterly consumer survey revealed that only a third of respondents (32%)¹ would recommend their agent following their experience. With many agents relying on recommendations…
Read More →
Estate Agent Talk

Northern Ireland to expect over 25,000 new home movers

Belfast-based estate agency John Minnis has revealed that Northern Ireland is to welcome an estimated 25,000- 30,000 new arrivals from the UK and Europe over the next five years, as migration to the region reaches its highest levels in more than a decade. Recent figures show that 11,700 people relocated from other parts of the…
Read More →
Breaking News

Red tape and rising costs stifling new-build availability across the capital

The latest analysis from London estate agent, Benham and Reeves, has revealed how protracted building timelines are preventing the capital’s housebuilders from delivering the level of new-build housing stock required to meet demand, with new homes currently accounting for just 7.5% of all properties listed for sale across London. Benham and Reeves analysed the latest…
Read More →
Estate Agent Talk

UK’s new wave of ‘second cities’ offers strongest yield growth for property investors

The latest research from West One Loans has found that whilst investors may continue to favour the nation’s key cities such as London, Birmingham, and Manchester, a new wave of ‘second cities’ is delivering the strongest growth in rental yields. These emerging markets are offering investors the chance to achieve attractive returns, driven by rising…
Read More →
Estate Agent Talk

Decline in change of use further constricting housing supply

Jonathan Samuels, CEO of Octane Capital, believes that a decline in conversion projects could ultimately prevent the Government from hitting its ambitious housing delivery targets, as the firm’s latest analysis has revealed that the number of homes created through change of use has fallen sharply in the last five years. Octane Capital analysed official Government…
Read More →
Rightmove logo
Breaking News

Annual price fall driven by south, which could be harder hit by rumoured property taxes

The average price of property coming to the market for sale rises by 0.4% (+£1,517) this month to £370,257. However, average new seller asking prices are now 0.1% below this time last year following several months of muted price growth The dip in annual prices is driven by London and the south, as the south…
Read More →