I own a 3 acre piece of land on the outskirts of Cranbrook, Kent, UK
It has a 2/3 acre lake and areas of lawn and Mature 150 year old oak tree.....
I want to know how much you lot think that it is worth .....?
2006-12-11 03:15:17 · 5 answers · asked by Fox Hunter 4 in Business & Finance ➔ Renting & Real Estate
It was a ornamental garden.....
2006-12-11 03:45:03 · update #1
It depend on the current planning use of the land, whether there are any restrictions and if there is the possibility of gaining a more valuable planning consent for the land. Agricultural land could be anywhere between £2,500 and £5,000 per acre. If it was a fishing lake however and you had a business then you could value on the basis of the profit from the business. If you want any more advice contact a chartered surveyor (find your local one through www.rics.org).
2006-12-11 03:27:45 · answer #1 · answered by Andrew F 1 · 2⤊ 0⤋
It sounds as though the lake covers most of the land. The best return would be achieved if there is room for a house and if there is a good chance of achieving planning consent.
Under this arrangement, the value could be as much as £200/300,000. - or more depending on the locality.
Without seeing the water/land ratio, it would be difficult to more accurately quantify.
2006-12-11 03:48:42 · answer #2 · answered by Davy Crockett 3 · 0⤊ 0⤋
you want to know how much the tree's worth? i'd check with the lumber mill
2006-12-11 03:28:00 · answer #3 · answered by Sharon 3 · 1⤊ 0⤋
price of land differs from area to area..get it valued proffesionally.
2006-12-11 03:25:38 · answer #4 · answered by grumpcookie 6 · 0⤊ 1⤋
need to know if it is farmland, green belt or if not has it planning permission?
2006-12-11 03:29:14 · answer #5 · answered by berlin9 1 · 1⤊ 0⤋