Bridging the land price gap
Bridging the land price gap
- 2004
- FPD Savills Press Release 9 March 2004 (3) .
Building land values in the UK have grown by 769% since 1984 according to FPD Savills, a much faster rate of growth than that of average UK housing value. The residual value of land should have grown by 321% in this period. Are UK land prices grossly overheated? FPD Savills concludes that they are not .The supply of land has been very constrained as more house builders compete for less space and building densities have risen sharply. FPD Savills forecasts just 2% land price growth on brownfield sites in 2004 and 8% on Greenfield sites. http://www.fpdsavills.co.uk/news.asp?content=%5Cub er%5Fnews%5C4297%2Ehtm&subcategory=none&contenttyp e=news&category=Home
BUILDING LAND PRICES
GREENFIELD LAND
BROWNFIELD LAND
RESIDENTIAL DEVELOPMENT
DENSITY
Building land values in the UK have grown by 769% since 1984 according to FPD Savills, a much faster rate of growth than that of average UK housing value. The residual value of land should have grown by 321% in this period. Are UK land prices grossly overheated? FPD Savills concludes that they are not .The supply of land has been very constrained as more house builders compete for less space and building densities have risen sharply. FPD Savills forecasts just 2% land price growth on brownfield sites in 2004 and 8% on Greenfield sites. http://www.fpdsavills.co.uk/news.asp?content=%5Cub er%5Fnews%5C4297%2Ehtm&subcategory=none&contenttyp e=news&category=Home
BUILDING LAND PRICES
GREENFIELD LAND
BROWNFIELD LAND
RESIDENTIAL DEVELOPMENT
DENSITY