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Farming alternatives lift prices

Series: Estates Gazette ; (0108) 24 February 2001, 55(1)Publication details: 2001Subject(s): Summary: Rural land prices are expected to retain their current levels for the next three years according to a specialist forecasting model set up for "Farmland Market". Whilst farming incomes have fallen dramatically that the demand for land due to diversification and for other uses will prevent a collapse in land values. Figures from the RICS Rural Survey, however, show that the majority of chartered surveyors expect the price of land to fall, except in the residential sector.
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News article London News article WB3709-32 (Browse shelf(Opens below)) 1 Available 111221-1001

Rural land prices are expected to retain their current levels for the next three years according to a specialist forecasting model set up for "Farmland Market". Whilst farming incomes have fallen dramatically that the demand for land due to diversification and for other uses will prevent a collapse in land values. Figures from the RICS Rural Survey, however, show that the majority of chartered surveyors expect the price of land to fall, except in the residential sector.