Rural land slides
Rural land slides
- 2003
- RICS Press Release (pr007) 30 January 2003, (2) .
The "RICS rural land market survey Great Britain" for the fourth quarter 2002 indicates a significant fall in agricultural land values. The average farm land price per hectare fell from £7 695 to £6 415 (almost 17%) in the run up to 2003. The regions most affected were East Midlands and southeast England whilst Wales and southwest England prices picked up slightly after earlier falls. Bare land prices fell to £5738 per hectare from £6 40 4 in the previous quarter. 87% of chartered surveyors see the land market remaining static or prices dipping further. The survey is available at http://www.rics.org/downloads/market_survey/RuralQ402.pdf
PROPERTY-RURAL AND NATURAL ASSETS-AGRICULTURAL PROPERTY-AGRICULTURAL LAND
FARM LAND
BARE LAND
GREAT BRITAIN
The "RICS rural land market survey Great Britain" for the fourth quarter 2002 indicates a significant fall in agricultural land values. The average farm land price per hectare fell from £7 695 to £6 415 (almost 17%) in the run up to 2003. The regions most affected were East Midlands and southeast England whilst Wales and southwest England prices picked up slightly after earlier falls. Bare land prices fell to £5738 per hectare from £6 40 4 in the previous quarter. 87% of chartered surveyors see the land market remaining static or prices dipping further. The survey is available at http://www.rics.org/downloads/market_survey/RuralQ402.pdf
PROPERTY-RURAL AND NATURAL ASSETS-AGRICULTURAL PROPERTY-AGRICULTURAL LAND
FARM LAND
BARE LAND
GREAT BRITAIN