Development property price.
How do I find the price of a property that was sold for development land?
Asked on Feb 3 2011, House Prices in South Croydon | Report content
Answers (1)
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If there was a property on site it should be logged on the land registry as with any normal house sale. However if it was sold as land this may not be the case. For a rough calculation, pre-2008 probably about 40% of the value of what new property (or properties) sold for, post 2008 probably about 30%.
Answered on Feb 4 2011, Report content
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