Worth its weight in gold? A £70,000,000 terraced house in Aylesbury

We know that Buckinghamshire is a popular county and that house prices have been rising through the months of the pandemic, but this Purplebricks listing on Rightmove suggests that local price inflation is beyond stratospheric in Boldison Close, Aylesbury.

The four bedroom terraced house was listed on 9th March but we seriously doubt if it has had many viewings, let alone an offer.

Sold in 1996 for £294,995 the house is now on the market for £70,000,000. The EYE abacus gave up trying to calculate the percentage increase but it is quite big.

There’s no mention of a gold mine at the end of the garden or a diamond encrusted en-suite bathroom so we must assume that its just a case of ‘testing the market’ in the hope a punter with deep pockets turns up.

Or maybe they got the listing slightly wrong and it’s actually the whole of Aylesbury that is being sold.

(This morning it’s had its first price reduction. To £700,000.)

 

 

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11 Comments

  1. Hillofwad71

    Get Carter arriving from Just Eat certainly has  his work cut out changing the culture at Bricks in presenting a face to the market. He arrives with a decent pedigree certainly cut from a different cloth than some of his management colleagues there

    These sort of mistakes are all too frequent and you have to ask some serious questions of senior management. Isn’t there any checks and balances?

    Some impressive charitable work on his CV  and a leading advocate for women in football .I wonder what he thinks of all those lurid stories doing the rounds.Surely they can’t sit well with him?

    Some serious questions need to be asked of Verona Furnish too as MD of lettings with just 257  instructions .3 divisonal directors and a big team below running on empty .

     

    Far from an Olympian performance

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    1. Hillofwad71

      Freudian  slip “Furnish” “Frankish” !

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  2. Andrew Stanton Proptech Real Estate Influencer

    Yes Hillofwad, Connells now have 90,000 plus properties let and managed, The Property Franchise Group have 70,000 plus let and managed properties and Purplebricks has a portfolio the size of a one branch medium sized lettings agent in a city. Time to end that cash guzzler, maybe order a takeaway and break the news gently that the residential side of Purplebricks list 165 fresh instructions a day, seven days a week, 60,000 a year, yet the lettings list … well a lot less.

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    1. majortom1

      to be fair Connells did shell out a few quid themselves did they not.-or the tax payer did anyway

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  3. midsagent197772

    I’m no fan of pb but this is a little childish, to mock what was clearly an error that many other agents have made in the past.

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    1. krosotv

      Agreed – Apart from the fact it took over a fortnight to spot the mistake.

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    2. smile please

      But they do make a lot of errors.

      not least, the 14 times they have fallen foul of ASA

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      1. midsagent197772

        Which is what PIE should be focusing on, not childish finger pointing.

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        1. Hillofwad71

          Well without any “finger  pointing ” this error  would have likely remained in full public view for sometime .If it was an isolated  error  it would be different .

          It reflects badly of estate agency  generally

          What this finger pointing does show is a lack of due diligence and poor management of content which doesn’t match their  boasts

          Even after having their wrist slapped  by the ASA  Peebee yesterday exposed their claim for achieving more than £8,000 was  still appearing  on their blog

           

          They cleverly have lined themselves with  Team GB  but their performance  is far from complementary

           

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    3. APE

      The cynic in me wonders if ridiculous mistakes, such as this one, are made as part of the overall PR machine.  The price tag is clearly wrong but it’s wrong in a newsworthy way.  There’s no such thing as bad publicity.  Apparently.  This won’t do PB any damage and keeps people talking about them.

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  4. Magic

    Maybe the vendor wanted 70m and was happy to pay £1k upfront to give it ago? PB will not care

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