Land shortage steepens price climb

Land shortage steepens price climb - 2002 - Estates Gazette (0220) 18 May 2002, 33(1) .

New figures from the Valuation Office Agency (VOA) indicate that bulk residential building land prices have increased by 23.8% in London, 23.2% in the east of England and an average of 12% across England and Wales in the 12 months to April 2002. The VOA predicts that land prices will rise by 8-9% annually in the next two years. For a copy of the VOA report call +44(0)1444 445 6335. Table.


VALUATION OFFICE AGENCY
VOA
RESIDENTIAL BUILDING LAND
LAND PRICES
DEVELOPMENT LAND