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Work starts on the eagerly awaited new Foxtons office on Brixton Road

Rushcroft Road loading bay
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As part of its depressingly successful stock market flotation today, Foxtons plans to open 5-10 branches a year in London until 2018.

Also, the company has made its new owners a fortune, following the £390m made by the founder Hunt when he sold out
 
I counted no less than six Foxrons signs with "sold" underneath in the space of less than fifty yards on the long red brick building on Coldharbour Lane just before Loughborough Junction. They looked like the architectural version of a nasty rash.
 
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cuppa tee said:
I counted no less than six Foxrons signs with "sold" underneath in the space of less than fifty yards on the long red brick building on Coldharbour Lane just before Loughborough Junction. They looked like the architectural version of a nasty rash.
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There are 4 flats in the recently added faux mansard roof - looks like the developer cashed in already.
 
shakespearegirl said:
2 bed house on our street went on for £500k, reportedly sold after going to sealed bids for £578k
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To think we looked at a four bedroom house last year on the market for £550k and told the agent it was overpriced... Brixton has gone completely mad, but has also gone completely mad so quickly! Literally in the last 12 - 18 months. I find it amazing, but what non- Brixtonite friends find amazing is that a zone 2 area on a tube line was insulated from the London property madness for so long.
 
Manter said:
To think we looked at a four bedroom house last year on the market for £550k and told the agent it was overpriced... Brixton has gone completely mad, but has also gone completely mad so quickly! Literally in the last 12 - 18 months. I find it amazing, but what non- Brixtonite friends find amazing is that a zone 2 area on a tube line was insulated from the London property madness for so long.
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When we were buying our house two and a half years ago, similar ones to the one just sold were on the market for £400k.
 
Manter said:
It's beautifully done, but god it's small for the price....
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My sister's just put her house on the market (3 bedrooms), and she has a garage, conservatory and large storage shed. Hers isn't on for even half of that, but then she's not in Brixton. She used to live in Elm Park though. I've just emailed her showing her that property and told her she shouldn't have moved so soon :D
 
leanderman said:
As part of its depressingly successful stock market flotation today, Foxtons plans to open 5-10 branches a year in London until 2018.

Also, the company has made its new owners a fortune, following the £390m made by the founder Hunt when he sold out
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and now institutional investors (that is, our pension funds) have gone in at the top of the market and bought something that will very likely go titsup when this stupid property bubble bursts. same old same old.
 
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Rushy said:
I guess they have to be, otherwise the don't get the instructions.
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Lets be honest all of them are working on the basis of getting the most they can. It's only 'overpriced' as far as they're concerned if they don't sell it (and then only really if the seller takes their business elsewhere). If Foxtons price a bit higher it's not because the others are nicer somehow.
 
Monkeygrinder's Organ said:
Lets be honest all of them are working on the basis of getting the most they can. It's only 'overpriced' as far as they're concerned if they don't sell it (and then only really if the seller takes their business elsewhere). If Foxtons price a bit higher it's not because the others are nicer somehow.
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True. The smaller agents don't have the clout to push the market up as Foxtons have done but they are happy to hang on the coat tails.

Let's not forget the complicity of owners - if you are enraged about house prices and you are an owner, you can always sell it for under asking price. Personally, I would need a pretty good reason not to sell to the highest bidder.
 
I reckon there'll be no houses with net curtains left in Elm Park soon. I tried to look through the edges of the frosting on the £800k house today. Wonder what will replace frost on a roll when it goes out of fashion :hmm:
 
Minnie_the_Minx said:
I reckon there'll be no houses with net curtains left in Elm Park soon. I tried to look through the edges of the frosting on the £800k house today. Wonder what will replace frost on a roll when it goes out of fashion :hmm:
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I reckon nets may be due a come back
 
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