Let's play a guessing game....
Here are the current house prices on our street, high but if you look at the size of the plots (our neighbours have a swimming pool), they are pretty good estimates I would say.
There is a brand new estate been build I would guess 1-1.5 km away as the crow files, and the agents are literally about to release their prices. Looking at the plot sizes I recon you could build 4-5 of the larger detached new builds on a single plot on our street.
So how much do you all recon plot 6 (largest) will be listed for? I recon £600k.
Given these new build will be costing the builder sub £150k to construct each, even assuming they paid £700k for 1/2 acre or land (they would have paid alot less), that's £1 million profit comfortably for each 4 £600k houses they sell!!!
So £600k for plot 6 in the current market with local celling price of £1million, what so people recon, higher or lower
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