How LIVE property auctions on Zoopla.co.uk work

As we write, there are less than 4 days till our first LIVE auction.

Traditionally property auctions have been for investors and developers. However our auctions are designed for everyone including buyers, sellers and agents. Home hunters can now search properties for sale several weeks in advance at Zoopla.co.uk/auctions, arrange viewings with the relevant estate agents and then place online bids during the live four day auction period. At the end of the live period, the successful bidders will exchange contracts online.

The first LIVE auction starts on February 11th at 12:00 pm and bidding runs for four days.

Here’s an overview of how Zoopla’s online property auctions work in seven easy steps.

zooplaauctions

1. SEARCH

Find auction properties that are of interest to you.

2. PROFILE & REGISTRATION

Create a profile and register for the auction you wish to bid in. This is a very important step and will ensure you are notified of any changes or additions to the auction.

Separate registration must be undertaken for each auction you wish to bid in. Registration is fast, free and simple.

3. DUE DILIGENCE

Do your research. We advise going to see the property prior to bidding. Relevant documents (including HIPs and Legal documentation) are available to download for each property on the property details page to assist you.

4. FINANCING

Arrange your financing prior to bidding. Further information is available within the finance tab, or you may wish to arrange your own.

5. VIEW

Contact the estate agent to arrange a viewing and inspect each property you intend to bid on. If you wish to have a survey carried out on the property  you’ll need to coordinate with the estate agent marketing the property. The contact details for the the agent can be found within the property listing details.

6. BID

All bidding takes place online from Thursday to Sunday.

There are multiple bidding strategies. Either bid the maximum amount you’re willing to pay for the property or monitor the auction very closely and bid in increments competitively as the auction progresses

Remember, a Buyer’s Premium is equal to 2% of the winning bid amount. VAT will be added to establish the total purchase price.

Example: the winning bid = £100,000. A buyer’s premium of £2,000 (2% of £100,000) and VAT of £350 is added to make the total purchase price = £102,350.

7. EXCHANGE OF CONTRACTS

If you are the winning bidder, you will receive a ‘Winning Bidder Confirmation’ via email. If required, a customer service representative will assist with the documentation process and explain the specifics of the sale.

Be prepared to complete the contract and transfer the balance of your 10% deposit within 48 hours of the auction close.

A full set of frequently asked questions can be found here.

February 8, 2010 at 2:35 PM Leave a comment

Best and Worst Celebrity Neighbours Revealed

Most Desired Celebrity Neighbour


Least Desired Celebrity Neighbour

When it comes to the value of your home, celebrity neighbours can both add to and detract from property values in a neighbourhood. Our 2010 Celebrity Neighbour Survey makes it clear who would be welcomed and who wouldn’t.

Prolific twitterer and ‘national treasure’ Stephen Fry, who lives in West Hampstead, London where the average value of a detached house is £854,266, has been crowned as the celebrity the nation would most like to share a fence with.

In second place was the nation’s newly crowned ‘sweetheart’ Cheryl Cole who lives in footballers favourite Oxshott, Surrey where average property values are £1,202,774.  Completing the top five choices for best neighbours were Location, Location’s Kirstie Allsopp, pukka chef Jamie Oliver and Top Gear’s Jeremy Clarkson.

Respondents made it clear that being ‘noisy’ and ‘disruptive’ top the list of things that make a bad neighbour and voted Pete Doherty as their least desirable celebrity neighbour – a more unpopular choice than Nick Griffin.

What’s interesting is that it’s likely that the Babyshambles rocker doesn’t have any immediate neighbours anyway. He currently resides in a nine-bedroomed red-brick Georgian house on the outskirts of Marlborough, Wiltshire where the average value of a detached house is £466,781.

Doherty fought off fierce competition from Rehab singer Amy Winehouse who no doubt experienced some ‘for sale’ signs going up in a hurry last year in the leafy suburb of Hadley Wood in Barnet (average value of a detatched house in Barnet: £875,984) when she announced she was moving in.

Politically speaking…

As a possible sign of things to come in May, the nation has made clear which political figure they would prefer as a neighbour in 2010 with David Cameron (who, when not in London lives in Dean, Oxfordshire where average property values are: £646,523) making the list of ten most desirable neighbours, while Gordon Brown features as one of the ten least desirable. However, BNP leader Nick Griffin (Welshpool, average property values: £175,537) outstrips all other politicians in terms of unpopularity, capturing almost 10% of the votes as the celebrity people would least like to find next door.

Sitting on the fence…

Following his recent stint on Celebrity Big Brother, Vinnie Jones appears to have split the nation in terms of whether he would make a good neighbour, with 3.2% of voters saying he would not be their choice of a desirable neighbour and 3.8% voting for him as someone they would like to have living next door. Similar sentiment surrounds Gordon Ramsay (Wandsworth, London, average value for a detached property: £854,266) who appears to be the Marmite of neighbours, with an almost equal number of people voting both for and against him as someone they would want on their street.

What was pleasing to see was that, as a nation, we seem to know our neighbours with only 7.9% of respondents claiming to not know who is on the other side of the fence and in some ways contradictory, the two traits that were overwhelmingly stated as making a good neighbour were ‘keeping an eye on our property’ and ‘minding their own business’!

TOP 10 MOST DESIRED CELEBRITY NEIGHBOURS FOR 2010

Celebrity % of votes
Stephen Fry 26.1%
Cheryl Cole 14.7%
Kirstie Allsopp 9.6%
Jamie Oliver 9.2%
Jeremy Clarkson 7.6%
Gok Wan 5.3%
Prince William 5.1%
Vinnie Jones 3.8%
Ricky Gervais 3.4%
David Cameron 3.2%

TOP 10 LEAST DESIRED CELEBRITY NEIGHBOURS FOR 2010

Celebrity % of votes
Pete Doherty 16.4%
Amy Winehouse 15.7%
Katie Price 12.8%
Nick Griffin 9.2%
Gordon Brown 6.6%
Jedward 6.3%
Kerry Katona 6.2%
Ozzy Osbourne 4.8%
Vinnie Jones 3.2%
Gordon Ramsay 2.1%

Photo credits:

Pete Doherty / Title: Press Images / Artist: Peter Doherty / Photographer: Kevin Westenberg / Date: December 2008 / Copyright: Kevin Westenberg

Stephen Fry / Photographer: Claire Newman Williams

February 6, 2010 at 9:35 AM 1 comment

Five To View: homes with WAG appeal

If you’re a fan of fallen footballing idols then the past month has been strewn with the stories of Premiership players and their complicated love interests, inadvisable drinking habits and erratic driving skills.

But the biggest story of the year so far has been John Terry’s forays into the tabloids over his extra marital affair with model Vanessa Parroncel, which has made much of his genteel life at the sumptous Terry family home  in Oxshott, Surrey.

We thought we’d find out what sort of houses are for sale in this usually little-reported backwater of suburban Surrey to see what attracts footballers along with their wives and girlfriends. Welcome to the Wag world of Oxshott.

(Click on the pictures for more images – go on, you know you want to…)

1. TO KICK OFF

Where: Oxshott Crown Estate

Price: £5,750,000

2. IN TOO DEEP

Where: Broomfield Ride

Price: £5,250,000

3. COOKING UP A STORM

Where: Queens Drive

Price: £5,000,000

4. TUB FOR TWO

Where: Leys Road

Price: £3,750,000

5. SKINNY DIPPING

Where: Fairoak Lane

Price: £2,850,000

February 4, 2010 at 4:16 PM Leave a comment

Forget the iPad, what about the WAGPad?

With all the rumours, revalations and speculation surrounding a certain Premiership footballer right now, we thought we’d take a look at some of the WAGPads available for sale in Oxshott, Surrey.

Oxshott, Surrey, home to England and Chelsea footballer, John Terry and others.

“Oxshott, a leafy, pretty village in one of the richer parts of Surrey. It’s a collection of large houses and luxury estates surrounded by woods with a a flower shop, convenience store and small beautician’s at its centre. Some of the houses are extraordinarily grand — beautiful mansions set in acres of land with intimidating gates and staff working dutifully inside.”

Extract taken from Alison Kervin’s novel, Wags at the World Cup and article in The Times

We’ve named them WAGPads, as it seems it’s the WAGs who spend most of the their time in them.

Market overview for Oxshott, Surrey

Average home value according to Zoopla.co.uk: £1,202,774

Average house price paid in last 12 months: £1,308,344

Number of property sales in last 12 months: 32

1. 6 bedroom house, Queens Drive, Oxshott, Surrey

Sale Price: £5,000,000

  • Impressive & immaculate home
  • 6 bedrooms, 5 reception rooms
  • Attached staff house
  • Indoor pool, private estate
  • Landscaped grounds of 3/4 acre

Picture

More property for sale in Surrey

2. 6 bedroom house for sale, Stokesheath Road, Oxshott, Surrey

Sale price: £2,495,000

  • Imposing family home
  • 6 bedrooms (2 en-suite)
  • 4 reception rooms
  • Prestigious private location
  • Beautifully landscaped gardens

Photo 1 of Stokesheath Road, Oxshott, Surrey

More property for sale in Surrey

3. 5 bedroom house for sale, Queens Drive, Oxshott, Surrey

Sale price: £2,450,000

  • Family home
  • 0.75 acres of mature gardens
  • Conservatory

Photo 1 of Queens Drive, Oxshott, Leatherhead

More property for sale in Surrey

February 3, 2010 at 9:31 AM Leave a comment

Five To View: Holiday homes in Cornwall

The ten towns with the largest house price rises during the past decade were not big cities, gentrified suburbs or must-have market towns but rather seaside towns, research has revealed. And out of these salt-water havens with high house price rises, three out of the top four were in Cornwall.

Despite being one of Britain’s poorest counties,  Cornwall remains an intensely popular place to both retire, escape to the country or (more controversially) own a second home.

To highlight Cornwall’s appeal, here are five holiday homes overlooking the sea with cream tea qualities:

(Click on pics for more images & full property details)

1. SEASIDE ROCK

Where? Rocky Lane, St Agnes

Price? £525,000

2. HEY BUDE

Where? Black Rock Sands, Widemouth Bay, Bude

Price? £485,000

3. BACK TO THE BAY

Where? The Bay, Talland Bay, Looe

Price? £399,000

4. SWISS CHALET BY THE SEA

Where? Trewince Manor, Portscatho

Price? £260,000

5. ALWAYS OVERLOOK THE SEA

Where? Plaidy Beach Apartments, Looe

Price? £239,995

January 28, 2010 at 7:11 PM 3 comments

Older Posts Newer Posts


Zoopla Mobile & Tablet Apps

Grab the App

Zoopla.co.uk

Search over 1 million properties for sale or to rent on our site from more than 18,000 agents and developers, including all of the UK's leading names.

Posts delivered hot and fresh to your inbox. Signup for free to subscribe, (No spam... ever) and join over 16,000 others.

Enter your email address below:

Recent Posts

Follow Zoopla

Archives

About the Zoopla blog

The Zoopla property blog is maintained and edited by the Web Content Editor @ Zoopla Property Group Ltd Myra Butterworth.

Follow

Get every new post delivered to your Inbox.

Join 521 other followers

%d bloggers like this: