Monday, October 12, 2009

UK Farmland Prices Continue to Rise

UK Farmland Prices Continue to Rise

Latest information on UK farm prices, revealed in the Farmland Index published by a British estate agency Knight Frank, shows a 3.2% increase in the values of UK farmland registered in the 3rd quarter of this year. This is the second quarter, when farmland prices have been rising, says Knight Frank. An average price for 1 acre now stands at £4973, which is merely £125 less than in the summer of 2008, when farmland prices were on the peak. Unfortunately, the farmland market is not that stable yet, as, according to Knight Frank, land prices differ greatly depending on the type of land. Also, Knight Frank highlights the fact that land prices are mainly boosted by scarce availability of farmland for sale.

Posted by uch1405 @ 07:17 AM (864 views)
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5 thoughts on “UK Farmland Prices Continue to Rise

  • mark wadsworth says:

    That £5,000 per acre pales into significance against residential land prices of £250,000 per acre for even marginal areas (it’s £1 million per acre for somewhere nice).

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  • Dig for victory.

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  • Dig for Sterling. The new house price crash that will not crash the banks in the long run.

    Deliberately Selling Britian by the weak pound.

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  • I got it driled into me at school that primary and secondary industries were for the “third world” and we have this sophisticated tertiary one, i.e. service industry – then again I was also told we would be entering the next ice age and had to do something about it – wonder what crap this generation are being fed in their academies

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  • 4. matt_the_hat
    4. matt_the_hat

    Vaccines are good. Cancer is good. Sterilization is good. Auto immune problems are good. Spying on your fellow man is good.

    Complete global control by an unknown entity is good. Green taxation is good. being a slave is good. The demise of the US dollar is good.

    War is good. A crap style of living is good. Weakening governments is good. The NWO is good, Brown says so.

    I could go on……Get my drift?

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