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developer interested in my house and three others in road

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  • Doozergirl
    Doozergirl Posts: 34,076 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you know which houses are invloved, then simply fork out for you own private valuation, asking the surveyor to consider your land as part of the whole on the assumption that the more land you have available, the better density of housing you are likely to acheive.

    In my area, building land is worth about £1million an acre! The value of the house is therefore entirely irrelevant.
    Everything that is supposed to be in heaven is already here on earth.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    And where I used to live (Cornwall), there were deals being cut at £3 million per acre back in 2004.
  • SquatNow
    SquatNow Posts: 2,285 Forumite
    The longer you hold out, the more you'll get. Simple as that. If the developer has bought every house in your street, and only needs yours, they'll have to pay whatever you ask or they'll be left with loads out properties they can't use.
    Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.
  • if it were me and my property valued at say £200k I may be asking £210k to allow for costs I may incurr perhaps in renting for 6 months while finding another home.

    Do not sell for only 10K more than the valuation. This is plane ludicrous.
    If they want your property they will pay a premium, expecially if you hold out till you are the last property.

    As you say you have the largest property, I think they would likely try to get yours first, but hold out until you get a really good offer, maybe more like at least 1.5 times the valuation
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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