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Bridging the land price gap

Series: FPD Savills Press Release ; 9 March 2004 (3)Publication details: 2004Subject(s): Summary: 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
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Item type Current library Call number Copy number Status Barcode
News article London News article WB4011-17 (Browse shelf(Opens below)) 1 Available 125478-1001

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