Estate agent is reselling the first home he ever sold for 100 times the price
If you need any more proof that property prices have skyrocketed over the decades, look no further than this lovely four-bedroom home in Hereford, that is now selling for 100 times the price it sold for in 1968.
This was the first house that estate agent Andrew Morris, 73, sold to first time buyers Michael and June Stafford when he first started out aged 18.
Now, he’s been asked to help their family sell their home after Michael passed away and June moved into a care home.
The couple paid £6,000 for the four-bedroom detached Victorian property in the fashionable Broomy Hill area of the city more than five decades ago.
Now, their home is on the market for £595,000, almost 100 times the original price tag.
The double-fronted two-storey property was originally built in 1860 and boasts four bedrooms as well as a large cellar.
According to Andrew, June and Michael ‘fell in love’ with the vast, ‘imposing’ property back in ‘68.
‘I was doing an apprenticeship and a young couple were looking to buy because the husband had got a teaching job at Hereford Cathedral School,’ he said.
‘From what I remember, they looked around the property, which is rather imposing and grand in scale, and they fell in love with it.’
For Andrew, selling this home is an extremely special experience.
‘I have never been in this position before in my career, to be selling a house where the same family have lived for so many years,’ he said.
‘There’s a lifetime of memories in the house and I certainly remember selling it when I was about 18.’
Now 73, with no plans to retire any time soon, Andrew owns his own estate agents, and said the jump in the £595,000 asking price told its own story.
‘It just shows how high property prices have gone,’ he said.
‘At the time I sold this house, most family-sized properties were selling for around £2,000 so this one was top end even then.
‘To be now selling it for just about 100 times the original price shows how long I’ve been in this career.’
For Andrew, selling property is about helping people find somewhere they’ll enjoy a life-time of memories and this home, he said, ‘is certainly proof of that’.
He added: ‘Showing people around the property certainly brings back lots of happy memories for me and I’m glad such a beautiful family home it must have been.’
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