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Farmland still on the increase

31st July 2012

Latest report indicates the value of farmland is still on the increase and is set to stay ahead of inflation of next five years.

According to a report released by Savills Research UK farmland values are on course for a tenth consecutive year of annual growth. This is following a 3.9% increase for all land types during the first half of 2012.

Interestingly the volume of publicly marketed farmland across Great Britain fell by -9% during the first half of 2012. However substantial acreage has been marketed privately. There were some regional variations including a 9% increase inScotland.

Savills Farmland Report concludes they are confident that their baseline forecast for average values are still on track at around 5% growth during 2012 and 36% over the next five years from 2012, staying ahead of inflation.


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