Databank residential and regeneration
Hutchings, Anna
Databank residential and regeneration - 2006 - Property Week 71(9) 3 March 2006, 52(1) .
In the past 12 months residential land values have remained stable in the south-east, with the exceptions of hot spots in Surrey that have risen by 10%. However, the Valuation Office Agency has warned that planning obligations may cause land values to fall in this area. But the future buoyancy of land values will depend on the national and regional picture. As long as earnings and employment levels remain high and interest levels low, there is the capacity to fuel an active residential development market.
Databank residential and regeneration - 2006 - Property Week 71(9) 3 March 2006, 52(1) .
In the past 12 months residential land values have remained stable in the south-east, with the exceptions of hot spots in Surrey that have risen by 10%. However, the Valuation Office Agency has warned that planning obligations may cause land values to fall in this area. But the future buoyancy of land values will depend on the national and regional picture. As long as earnings and employment levels remain high and interest levels low, there is the capacity to fuel an active residential development market.