Farmland Values Q2 2010

06 July 2010

Category: Bespoke Rural & Land Research

Farmland values climb to milestone high but are we approaching the top of the market?

"Average bare land prices hit £5,000 an acre for the first time.  We had forecast this in our mid-quarter figures and it has now been confirmed by the quarter end results" reports Dr Jason Beedell, Head of Research.

Supply of farmland remains tight and prices are being driven by strong demand, particularly from farmer buyers.

There is fierce competition, particularly for bare land, and it is not unusual to have ten bidders for a parcel of land.

However, the outlook for land is more uncertain as there are a number of factors on the horizon which could see the market falter.

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