Featured on BBC TV’s Panorama, this development of flats in Thamesmead is sure to produce some astounding falls in prices. For example, lot 10 in the Barnard Marcus Auction on Wednesday, 5th December 2007, flat 65 sold for £172,000. It was previously sold for £349,995 on 9th August 2005.
A fall of almost 50%.
Number 86 sold for £269K in Oct 2005 and £153K at auction in Feb 2008.
Number 83 sold for £259K in June 2006 and £163K at auction in March 2008.
