Land Prices UK - Residential, Agricultural and Development
publication date: Sep 13, 2010
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author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
Land Prices UK - Residential, Agricultural and Development
Agricultural Land PricesFarmland values have increased by nearly 20%, mainly due to interest from the international farming community and private individuals. High demand has pushed up prices partly because land availability remains 33% down versus 2009. Residential Land PricesA lack of finance and fear of buying property has unfortunately - and incorrectly - hit the self build market. While professional developers understand now is a good time to buy it seems that self builders are finding it tougher to make their buying decision. Development Land PricesLatest data from Knight Frank shows prices continue to grow in 2010 as developers who are back in profit and have spare cash are snapping up land to build on when the economy improves. |
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