Land Prices
Find out what influences land prices and what the average price per acre is of land.
Our land is suitable for a number of current uses including; grazing, farming and paddock conversion or for general recreational or amenity purposes. However, due to a rise in land prices over the years, land has become a popular and tangible asset that is seen as a 'safe-haven' for investors, typically outperforming property and shares.
Latest Land Values
Land values rise again
Land values rose again last year, despite numerous challenges in the local market & global economy. This once again shows the inherent resilience of agricultural land as a tangible asset.
With a wide range of potential uses, agricultural land remains an attractive investment for a diverse range of buyers.
This is supported by that fact that, in the past 5 years, land values have risen by 31%, outperforming the FTSE 100, UK property prices and interest from savings in the bank.
These rises are driven by historically low levels of land availability, as demand continues to outstrip supply.
What influences land prices?
There are many national and international factors driving land price higher, including:
- Global economic uncertainty
- A predicted 40% rise in world population by 2050, resulting in;
- Increased demand for food and therefore commodity prices
- These sharp increases in food prices continue to encourage farmers to expand production
- A weak pound has buoyed the market, making land more attractive for overseas buyers
- Overseas buyers, lifestyle purchasers, investors and farmers all competing for land for sale
- Increasing demand outstripping an extremely limited supply of land
At present the rise in land prices is partly due to the ongoing economic troubles in Europe and other parts of the world – in fact the ongoing global economic troubles only seem to enhance farmland's reputation as a safe-haven asset. With no clear end in sight to the problems there is a strong desire to get money into something solid and tangible. As land prices rise, buyers can use their asset for a number of uses from farming to grazing and paddock conversion or for recreational or amenity purposes.
Looking to buy land? Call our land consultants now on 01727 701330
Do you have land to sell? Call our land buying team on 01727 701389
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