Stock fence value after 12 months

[Shepherd12]

Hello. We erected 1800 metres of stockfencing on some rented ground. Said we were happy to take remove it at the end of the term if needs be, it was only a short term let. Landlords want to pay us for the fencing instead of us removing it. It’s only been up 12 months and cost about £7/m for materials and erection. What value would people put on it now? Landlords don’t want to pay much if they can help it but I’d rather not remove it as new tenant is a friend and it’s a bit unfair on him I’d say.
I thought maybe £4/m was being very fair to the landlords ? Many thanks

 

[Macsky]

How is it worth nearly 50% less?
£7/m I’d say. It would only cost more to do today.

 

[Mickeydredd]

Consider what the useful life is of the fence. deduct one year's pro-rata value and that's your answer.

 

[PI Stsker]

Considering most posts don’t last much longer than 5/6 years now a days I think a fair comparison would be to flat line it over 6 years. In my eyes it’s worth at least £5.80/m. Although does save you the hassle of trying to take it down any sense to be able to use it again so call it a round number, 5 taking that in to account

quite a sting of how much it’s cost you for a years worth of fencing un fortunately…

 

[Nearly]

What would it cost to put it up now.
What would it cost in labour to take it down?
Let the landlords buy you same amount of materials and pay for a couple of days of post knocker hire.

 

[David1968]

What happens if you take it down? Will the landlord have to fence it at todays prices, or will your friend have to fence it again for himself?

Play hardball with the landlord. If he says take it down, offer it to your friend to take over at a lower price, but don't tell the landlord how much.

 

[David.]

Unless you had a break on your rent from the landowner, I can't think why you'd take any less than £6/m.

 

[Fat Lamb]

That's cost you over £12600. On o short let, did you know you'd be off in a year?

 

[Tamar]

Why did you want to fence 1800m (£12,600) for such a short tenancy !?! Asking for a friend !

The reality, it will probably cost £9 / m now to do.

A fair deal would be writing it off over 7 years, so still wants to be £6/m after one year....... but I doubt your landlord will want to pay you £10,800.

 

[Goweresque]

As a landowner I wouldn't want to be paying £5-6/m for a fence that will be shot in 5 years time (this assuming the posts were 'treated' timber). If I wanted a fence I'd rather put that money towards buying creosoted timber, plastic, or metal. If it was me I'd say take it away, as agreed.

 

[daveydiesel1]

Imo its still gotta be worth 7 a meter, as you said you did the work so surely if theres any depreciation the value of your time should cover that. Did you use the cheapest materials?

 

[Kiss]

Worth more to him in rental income with it fenced….

 

[nick...]

Lots of fencing here professionaly put up 21 years ago and mostly still ok.6 meadows and 30 acres.go round and replace the odd post and replaced 50 last year and occasionally replace the odd staple too.i reckon you would want £7 metre returned to you
nick...

 

[MRT]

Inflation has been running pretty high, so should be considered vs. the useful life of the fence. Even with a short useful life it could be "worth" the same in theoretical £ though probably not perhaps in reality!

 

[egbert]

Is this tantalised posts, chestnut? pressured creosote?
A world of difference.
One is written down over 7 years at best, (and is a national disgrace), the others 20 years plus

Given the circs, I consider the incomer might be a bit ££ grateful too!

 

[Goweresque]

Lots of fencing here professionally put up 21 years ago and mostly still ok.6 meadows and 30 acres.go round and replace the odd post and replaced 50 last year and occasionally replace the odd staple too.i reckon you would want £7 metre returned to you
nick...

21 years ago we still had CCA wood treatment, and fences put up then would indeed have a life expectancy of 20 years plus. I've got fences my father put up 30 years ago with CCA treated timber and they are still OK, with an odd replacement post here and there. But the current timber won't last a decade, it'll be largely shot by 7-8 years. I know because in 2009 I did a whole load of fencing using 'treated' timber that all had to be replaced about 4 years ago. If you've got cattle pushing on the posts then they'll be breaking even sooner. No one in their right mind should pay £7/m for a treated timber fence, its throwing money down the drain.

 

[JockCroft]

Hello. We erected 1800 metres of stockfencing on some rented ground. Said we were happy to take remove it at the end of the term if needs be, it was only a short term let. Landlords want to pay us for the fencing instead of us removing it. It’s only been up 12 months and cost about £7/m for materials and erection. What value would people put on it now? Landlords don’t want to pay much if they can help it but I’d rather not remove it as new tenant is a friend and it’s a bit unfair on him I’d say.
I thought maybe £4/m was being very fair to the landlords ? Many thanks

If erected as a permanent stock fence. I.E. Proper strainers, first quality posts, net and two barb, then cost less 1/20th. Despite some other comments, replacing broken posts is maintenance. A fence erected to what used to be grant standard has to have at least a 20 year life expectancy.
A friend being new tenant should not come into equation. Its your money, don't through it away.

 

[Kentishfarmer]

Not helping answer your question but how did you managed to put in an entirely new fence Inc labour for £7 a meter a year ago? Looking at costings and quotes I seem to be looking at something closer to £10/m

 

[nick...]

21 years ago we still had CCA wood treatment, and fences put up then would indeed have a life expectancy of 20 years plus. I've got fences my father put up 30 years ago with CCA treated timber and they are still OK, with an odd replacement post here and there. But the current timber won't last a decade, it'll be largely shot by 7-8 years. I know because in 2009 I did a whole load of fencing using 'treated' timber that all had to be replaced about 4 years ago. If you've got cattle pushing on the posts then they'll be breaking even sooner. No one in their right mind should pay £7/m for a treated timber fence, its throwing money down the drain.

Did have a 2 acre meadow refenced last jan and I mentioned to the man who done it about the newer posts not lasting.he used I think beech posts which he said would outlast the pine type posts by several years.they seem very hard compared to what’s been used in the past.only refenced meadow due to stewardship scheme.be interesting to

 

[Barneydog]

The landlord has nothing to loose by saying to you take it down and so isn‘t going to offer you a true value for it. The new tenant would have to fence it if he wanted to stock it, and so as david1968 suggests just agree a figure with the new tenant and forget about the landlord. That way you won’t be too much out of pocket and, despite how carefully you take it down, you won’t have balls of wire that will never quite strain up properly.