
Information found on:
http://www.nme.com/news/syd-barrett/24172
Information about his house and the sale (Pictures of House and Yard):
http://212.50.188.108/cgi-win/vebra.cgi ... AR/40803/1
The price of 300K is about right for a property of that type in this area. I wouldn't say it has been particularily overvalued because of the previous occupant. But note, as with all properties, this is a guide price and it's possible that an offer of 300K wouldn't be immediately accepted on the property (it could be a lower offer is accepted if certain other criteria are met). If they had solely wanted to maximise the price I would have expected them to sell it at auction.Tenniru wrote:Now that I think of it, though, the price for that house might be too high.
Is Mr Gilmour that sentimental ? It would be nice to think so but off the top of my head i'd say no.Keith Jordan wrote:Anyone think Gilmour might buy it?
I think it is common for people to sell assets from estates that they inherit. Its perfectly normal.The Gunner's Dream wrote:Oh but anyway, it really seems like Syd's death is being sensationalized, and I find it rather disturbing. The fact that Syd's stuff is being sold just seems like a way to cash in on his death.
Any estate valued at over 285K is liable to pay inheritance tax at 40%. I really have no clue as to the worth of Roger's estate but it's possible that the tax liability is quite large. Given that the tax has to be paid within 6 months of the person's death, then it's understandable that the family is taking steps to dispose of the house and other assets.Keith Jordan wrote:I think it is common for people to sell assets from estates that they inherit. Its perfectly normal.