Buying agents Property Vision have made an award for the most overpriced house of the year. For the sake of good relations with the selling agent, they are refusing to identify it.
In their blog, Tales from the Frontline, Edward Heaton writes: ‘Suffice to say it is about as compromised a house as you can get. Think motorways, flight paths, mainline railways, pylons, flooding, pig farms, intensive chicken sheds and bad messy neighbours. This house has very significant issues with several of the above, yet the guide price is several million pounds.’
To win the award, the team had to reduce the price by nearly two thirds before just one of them in the office would have been willing to buy it.
‘Sellers sometimes have unrealistic expectations of what their house is worth, but this is faintly ridiculous.’