| Comment | I am following the property market in Glasgow pretty close as I am getting ready for house move and I am actually noticing that the market is slowing down, it takes much longer for properties to be marked as sold than it was a in spring and summer.
My mate just bought a flat at west end at the HR value and sold his only 1.5k above HR value so you do not need to give 10% more for a property. Even back in summer, a flat in West End that had HR value of 285k and went for closing date, sold for 295k so only 3.5% above HR. Other flats I also checked rarely went for more than 3k above HR. So from my observations, unless a property is unique and has something special at given price range, it is actually very common that it will go for HR value. |
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