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Land values look set to rise

Series: Farmers' Weekly ; 140(22) 3 June 2004, 86(1)Publication details: 2004Subject(s): Summary: Strutt and Parker and FPD Savills predict that land values will continue to rise in the short term, but Savills also forecast a sharp decline in values later. Strutt and Parker's latest "Farmland update" shows the average price for the first quarter of 2004 added another 6% to reach £2 564/acre, the highest level since December 2002. While Savills believe that the price of land could increase by up to 50% in parts of the country over the next couple of years. Strutt and Parker at http://www.struttandparker.co.uk and FPD Savills at http://www.fpdsavills.co.uk
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News article London News article WB4021-17 (Browse shelf(Opens below)) 1 Available 126411-1001

Strutt and Parker and FPD Savills predict that land values will continue to rise in the short term, but Savills also forecast a sharp decline in values later. Strutt and Parker's latest "Farmland update" shows the average price for the first quarter of 2004 added another 6% to reach £2 564/acre, the highest level since December 2002. While Savills believe that the price of land could increase by up to 50% in parts of the country over the next couple of years. Strutt and Parker at http://www.struttandparker.co.uk and FPD Savills at http://www.fpdsavills.co.uk