Jump to content
House Price Crash Forum
Joey Buttafueco Jr

Residential Development Land Values Halve In 12 Months

Recommended Posts

in the last year the price of land for residential development:

prime London areas fallen 45 per cent

Scottish greenfield land is off 36 per cent

In the West Midlands, urban land has fallen 54 per cent, greenfield land there is down 45 per cent

In one year. Fantastic.

If you stand quietly near a weed-grown development site and listen very hard you can hear the price falling,

Share this post


Link to post
Share on other sites

If anyone has seen an acre of building land for £250k, I'd be interested to see it.

I'm always looking at land values and haven't come across anything anywhere near this ball-park. T'would be nice though.

Share this post


Link to post
Share on other sites
Guest KingCharles1st

In the current climate, I see little chance of Greenfield getting planning.

What they ought to do is give the country a 24 month window of ANYONE being able to submit any planning for ANYtHING, just to see what exactly it is that people wish to build, and where.

It would be an extremely interesting exercise ...

Share this post


Link to post
Share on other sites
If you stand quietly near a weed-grown development site and listen very hard you can hear the price falling,

:P

Share this post


Link to post
Share on other sites
Guest Steve Cook
In the current climate, I see little chance of Greenfield getting planning.

What they ought to do is give the country a 24 month window of ANYONE being able to submit any planning for ANYtHING, just to see what exactly it is that people wish to build, and where.

It would be an extremely interesting exercise ...

What a brilliant idea KC

Edited by Steve Cook

Share this post


Link to post
Share on other sites

Noel, that is probably the best piece of info I've seen on here. Not in a bearish way that house prices will mirror this drop but as a sign from a more perfect market.

Share this post


Link to post
Share on other sites
If anyone has seen an acre of building land for £250k, I'd be interested to see it.

I'm always looking at land values and haven't come across anything anywhere near this ball-park. T'would be nice though.

An acre? Isn't that 4,000 sqm? Why do you need so much?

I live on about 600sqm. and manage to grow quite a bit of food, no room for a tennis court though. If I needed more land I'd buy agricultural land for around 5 or 6K an acre.

Share this post


Link to post
Share on other sites
An acre? Isn't that 4,000 sqm? Why do you need so much?

I live on about 600sqm. and manage to grow quite a bit of food, no room for a tennis court though. If I needed more land I'd buy agricultural land for around 5 or 6K an acre.

You're not allowed to build a tennis court on agricultural land.... Viz Anthea..... :P

Share this post


Link to post
Share on other sites
So can we expect house values to follow? Or isn't there a link between land values and property prices?

yes there is a direct correlation.

they called it the japanese land crash, rather than housing crash. There is a graph I used to use for exactly this point, which showed japanese land prices dropped a maximum of 90% from 1990, & still haven't recovered today.

japan-land-prices-update-2008-11-rgb-176-10-10.png

Edited by grumpy-old-man-returns

Share this post


Link to post
Share on other sites
in the last year the price of land for residential development:

prime London areas fallen 45 per cent

Scottish greenfield land is off 36 per cent

In the West Midlands, urban land has fallen 54 per cent, greenfield land there is down 45 per cent

In one year. Fantastic.

If you stand quietly near a weed-grown development site and listen very hard you can hear the price falling,

If nobody is there to listen, do prices still fall grasshopper?

Share this post


Link to post
Share on other sites
You're not allowed to build a tennis court on agricultural land.... Viz Anthea..... :P

But, what are the rules regarding turning agricultural land to allotment land (single unit)?

Share this post


Link to post
Share on other sites
If developers buy at cheap prices build, sell at cheap prices, this'll help the crash. No?

Hopefully, some of the moth balled sites will start being developed again.

Planning laws are ludicrous. Lge detatched houses with gardens simply do not get built anymore - completely gone.... WHY? People could move into more of these - freeing up smaller gaffs lower down the scale.....

Share this post


Link to post
Share on other sites
But, what are the rules regarding turning agricultural land to allotment land (single unit)?

That sounds like turning agricultural land into agricultural land. I don't think they'd allow that!

I'm going to a training session on planning issues next tuesday and I'll ask there. (I'm on our local Parish council's planning commitee)

Share this post


Link to post
Share on other sites
That sounds like turning agricultural land into agricultural land. I don't think they'd allow that!

I'm going to a training session on planning issues next tuesday and I'll ask there. (I'm on our local Parish council's planning commitee)

Many thanks, would be really grateful if you PM me if I miss the thread over the next week or so.

Also interested in market garden rules.

Share this post


Link to post
Share on other sites
Guest Parry

Fvck me!!!

You guys are letting some little council w@nkers tell you if you can plant a few rows of seeds.

The UK is total bo!!ox. :angry:

Just plant the feckin' veg, ffs!

ARRRGHHHH!!!!

Share this post


Link to post
Share on other sites
Fvck me!!!

You guys are letting some little council w@nkers tell you if you can plant a few rows of seeds.

The UK is total bo!!ox. :angry:

Just plant the feckin' veg, ffs!

ARRRGHHHH!!!!

Got to plan, and agree it is ******.

Thinking along the like of part managed allotments and the like. Hobby farming for the proles, I reckon they'll need it. Small investment in equipment and you can take most of the drudge out of allotments (apart form the weeding). Finding a polot with a water supply / catchment area /storage area would not be easy, put in a carp pond and pump, that sort of thing.

Share this post


Link to post
Share on other sites
Fvck me!!!

You guys are letting some little council w@nkers tell you if you can plant a few rows of seeds.

The UK is total bo!!ox. :angry:

Just plant the feckin' veg, ffs!

ARRRGHHHH!!!!

I think I'm right in saying that any vegetables will be subject to an ugliness test. All vegetables that fall below band UR 3 must be screened by a flowering border.

Share this post


Link to post
Share on other sites
Guest Parry
Got to plan, and agree it is ******.

Thinking along the like of part managed allotments and the like. Hobby farming for the proles, I reckon they'll need it. Small investment in equipment and you can take most of the drudge out of allotments (apart form the weeding). Finding a polot with a water supply / catchment area /storage area would not be easy, put in a carp pond and pump, that sort of thing.

Any help you need Mikey, give me a shout over email.

YOU CANNOT LET THESE LITTLE HITLER'S STARVE YOU TO DEATH, BRITAIN! Really is no place for all these rules now. If they want a job, they should be learning (quickly) how to help people do this stuff and encouraging it. Then they'd be useful.

Sounds like a good idea, Bruv. Yes waters the biggie. I'm putting 3 more of those Thai jars in next week. Only £14 each. Hold 1500 litres and look great. They're fed from the roof gutters of the house. The next 3 will connect via HDPE pipe at the base so as the one fills up it fills the other too. I'll send pics when I've done it.

You could use similar and make a sort of tension tent arrangement to capture the water.

Share this post


Link to post
Share on other sites
Guest Parry
I think I'm right in saying that any vegetables will be subject to an ugliness test. All vegetables that fall below band UR 3 must be screened by a flowering border.

Bonkers, probably true.

Share this post


Link to post
Share on other sites
I think I'm right in saying that any vegetables will be subject to an ugliness test. All vegetables that fall below band UR 3 must be screened by a flowering border.

:lol:

Mr P, cheers M8.

Was thinking hill run-off maybe, clay-lined pond, good to store where it cannot be evaporated away - the pots sound good for your situation.

Just mulling a few ideas at the moment.

Edited by OnlyMe

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   296 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.