Market in Minutes: 

UK Farmland Market Q1 2016

UK Farmland Market
UK Farmland Market

26 April 2016, by Ian Bailey

Values in England fell by 0.4% in Q1 primarily due to reduced arable values in the East

■ 20,750 acres were publicly marketed across Great Britain in the first quarter of 2016. This is similar to the first quarter of 2015, and 15% greater than the past five-year average.

■ The fall in values across Great Britain of 0.4% between January and March 2016 hides a number of dynamics in the market.

■ Values in Scotland and Wales are stable despite large changes in the amount of land for sale – up 50% in Scotland and 56% in Wales.

 

■ In England, values fell by 0.4%, primarily due to reduced arable land values in the East, supply was also lower with 16% less land offered than during the first quarter of last year.

■ Over the next three to four years we expect values to be much more varied than in the past five years, and depend greatly on location, quality and amenity.

■ Despite being in an uncertain period for agricultural returns, there are many compelling reasons that motivate farm ownership, as well as a wide variety of competing uses for this finite resource, which will continue to provide underlying support to amenity values.

Articles from Market in Minutes: UK Farmland Market Q1 2016

The UK Farmland Market

26 April 2016

The UK Farmland Market

Similarly to last year, 20,750 acres were publicly marketed across Great Britain in the first quarter of 2016

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As the Queen celebrates her 90th birthday, we take a look back

 
 

Key contacts

Ian Bailey

Ian Bailey

Director
Rural Research

Savills Margaret Street

+44 (0) 207 299 3099

 

Julie Baxter

Julie Baxter

Data Administrator
Rural Research

Savills Margaret Street

+44 (0) 1483 203492

 

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