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Value of bare agricultural land in England and Wales unchanged

Christian Fernsby |
The average value of bare agricultural land in England and Wales remained virtually unchanged in the first three months of 2019.

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According to the Knight Frank Farmland Index, values continue to hover just below £7,000 per acre: three percent lower than they were 12 months ago and down five percent over five years. However they are still almost 50 percent higher than they were a decade ago.

The average value of bare agricultural land in England and Wales remained virtually unchanged in the first three months of 2019

Average price of land hovers just below £7,000 per acre – three percent lower than they were 12 months ago and down five percent over five years – but still almost 50 percent higher than they were a decade ago.

Lack of political clarity means potential vendors and purchasers continue to sit on their hands unless there is an urgent reason to strike a deal

Land markets will remain highly variable regardless of which way average prices head.

While cereal and milk prices are generally higher than they were 12 months ago, beef and sheep values have fallen.


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