Standing timber valuation near Sheffield

[Matt k]

Hi, I need someone to value the timber in a 75acre wood near Sheffield. Any recommendations? Thanks. Matt

[Andy2873]

If you’re looking at having any work done I’d be happy to offer a price to buy the timber. Could give you a price standing

[spuddog0507]

On 09/07/2021 at 19:05, Matt k said:

Hi, I need someone to value the timber in a 75acre wood near Sheffield. Any recommendations? Thanks. Matt

Hardwood or softwood ? is this for a forestry opperation like clear felling it or thinning or is it a value you want for insurance purposes ?? the later would involve a bit of work calculating the volume and value,

[Matt k]

It's for a valuation for probate, so essentially it's a market estimate of the value of the standing timber. As high as possible!! 😉

[doobin]

Gonna cost you then.  

[Johnpl315]

75 acres is a big block. You need a forester who can survey it to measure the timber volume and advise on the felling licence application. It would be possible to do this yourself but if you knew how then you would not be asking on here. 

 The value will depend on a number of factors. What species are the trees? What size? What age? Have they been thinned in the past? What are the ground conditions like? Is the site flat or sloping? Is the ground soft? What is the access like? Is there a track and loading bay suitable for articulated lorries? Are there footpaths in the wood? Is there road frontage that will require extra planning? All of these will effect the price. If you could handle the felling license then you could just contact some contractors and ask them to make you offers but from the sound of things I would probably recommend finding an agent to act on your behalf. 

 You will also be responsible for replanting the block once the trees have been felled. 

[Stubby]

8 hours ago, Matt k said:

It's for a valuation for probate, so essentially it's a market estimate of the value of the standing timber. As high as possible!! 😉

Surely as low as possible to avoid the chance of having to pay inheritance tax . Once probate is granted then , hey the world is your lobster ...

[Canal Navvy]

22 minutes ago, Stubby said:

Surely as low as possible to avoid the chance of having to pay inheritance tax . Once probate is granted then , hey the world is your lobster 

Forestry is exempt from inheritance tax 🤪

[Stubby]

6 minutes ago, Canal Navvy said:

Forestry is exempt from inheritance tax 🤪

Oh . OK . That's good .

[topchippyles]

6 hours ago, Stubby said:

Surely as low as possible to avoid the chance of having to pay inheritance tax . Once probate is granted then , hey the world is your lobster ...

I like fish 🙃