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Old 14th March 2007, 05:54 PM   #1 (permalink)
Oneabung
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Default Agricultural Land
Anyone got an idea of the value of agricultural land?

Just went and saw avery nice pice of land 20 acres with a small river running through it - perfect for my fishery to be... any ideas what's a good price to pay for this type of land?
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Old 14th March 2007, 06:20 PM   #2 (permalink)
ridgeacre
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Land for Sale Durham - Land Investment

Have a look at this
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Old 14th March 2007, 06:21 PM   #3 (permalink)
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it does give other area,s
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Old 14th March 2007, 06:24 PM   #4 (permalink)
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Not absolutely sure but it wont be any less than around £5000 /acre. based on that figure you will be looking at at £100,000 I believe the current average is nearer £6000.
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Old 14th March 2007, 06:32 PM   #5 (permalink)
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Most of them have residential properties on them or are with possible planning permissions, which effects the price considerably, my figure of £6k was what we looked at as being the value of the land that our waters are on, which is considered to be agricultural land.
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Old 15th March 2007, 09:53 AM   #6 (permalink)
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Thanks Brian, we are further north than you - does that mean I should go in with an offer of a bit less?
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Old 15th March 2007, 10:11 AM   #7 (permalink)
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Quote:
Originally Posted by Oneabung
Thanks Brian, we are further north than you - does that mean I should go in with an offer of a bit less?
It means you still need to do some home work on YOUR area as every area in totally different and prices cannot be guessed at judged on a different area.

Down here in The valleys in agri land the price varies a heck of a lot as an example 3 miles up the valley from me a 2 acre field with gated off road access is on the market at £1K FREEHOLD.

BUT 4 miles down the valley from me there is a 1½ acre field with no gated access on the market at £4k.
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Old 15th March 2007, 10:29 AM   #8 (permalink)
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Just re-read my above post and dont read it as being sarky as thats not the way it's intended.
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Old 15th March 2007, 10:33 AM   #9 (permalink)
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Malc, I appreciate the advice - just trying to get some opinions - just wish I could find land at the prices you can!
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Old 15th March 2007, 10:59 AM   #10 (permalink)
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The plot at 1k has malc nd family squatting in the corner
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