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Building land value in TS20?

What would be the min and max values of land with permission to build in TS20?

Asked on Mar 6 2010, General in Stockton-on-Tees | Report content

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  • Photo of Mark Heneghan

    Mark Heneg...

    Land values are based on approximately 30 - 35% of the final Gross development value for the scheme, so what you have planning for will determine the value of your land. e.g if the final value of the property built would sell of £100,000 then the land would be between £30 - £35,000.

    Answered on Mar 9 2010, Report content
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  • Photo of garethb1

    garethb1

    Mark's answer is correct but in real terms the land value is governed by lending critera and indeed the motivation of the individual. With full planning permission is the maximum value and slightly less (30% ish) for outline. However as a rule of thumb his answer is absoluteley right.

    Answered on Apr 1 2010, Report content
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