Cookies on the this website
We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website. However, if you would like to, you can change your cookie settings at any time.
Continue

New to PropertyWire?

Welcome, and thank you for visiting our website.

PropertyWire is the leading publication for property investors and industry professionals interested in the world of international property investment.

Our aim is to give you intelligent commentary and analysis on the world of retail and commercial real estate.
If you've enjoyed what you've read so far why not sign up for our FREE property alert and online magazine PropertyWire Confidential.

Every week the PropertyWire team sends out a hard-hitting newsletter packed with news and analysis of the top stories plus the best investment opportunities on the market. We always look at the bigger picture like the Euro Crisis, and explain how this will affect YOUR investments.


Ask me later
No thanks

Wed
Oct 22nd
Lost Password? Register
Home arrow News arrow Europe arrow Farm land in England set to rise by 5% over next 12 months, says Knight Frank experts

Farm land in England set to rise by 5% over next 12 months, says Knight Frank experts

Wednesday, 10 July 2013
Image The average value of farm land in England rose by almost 2% in the second quarter of 2013 to £6,421an acre, according to the results of the latest Knight Frank Farmland Index.

This takes growth so far this year to just over 3% and the past decade to 209% and analysts say that over the short term farm land is performing better than gold and even over 10 years the performance gap is narrowing rapidly.

While large blocks of good quality arable land unencumbered with high value residential property are still most in demand, investors are also interested in farms that include large, efficient poultry and dairy units in addition to which opportunities for diversified income streams such as renewable energy schemes a very appealing.

‘We have a number of clients who have committed a serious amount of money to invest in farm land. While gold and farmland are often classed together as safe haven investments, the performance of farmland shows it has much more to offer, while the drop in gold prices has highlighted that it can be a very volatile commodity,’ said Clive Hopkins, head of Knight Frank’s Farms and Estates team.

‘The investors we are dealing with now like diversity and tend to have much more of a global perspective. Some of them will even be looking at details such as the demand for powdered milk in China and its implications for global dairy markets,’ he explained.

‘Despite the increase in land values, setting a sensible guide price is still vital to help achieve competitive bidding and the best prices. We recently had offers of over £10,000 an acre for the farmland on an estate in the west of the country. However, the market can still be very patchy depending on location, land quality and type,’ he added.

More land could come to the market over the next few years, he predicts. ‘Wheat prices have weakened and poor autumn planting conditions in 2012 mean this year’s harvest may be the second or even third poor one in succession for some farmers. This may encourage a number to sell,’ he pointed out.

Despite this, the Knight Frank Farmland index predicts values will climb by another 5% over the next 12 months, as demand is such that the market will cope with the extra supply.


BOOKMARK THIS PAGE (What is this?)     Digg!Reddit!Del.icio.us!Google!Live!Facebook!StumbleUpon!Newsvine!Furl!Yahoo!

 
More Recent News
Earlier News
To see all the latest news articles in our monthly online magazine, Property Wire Confidential, sign up free here



Europe: Top Headline

Prime central London property market sees second quarter of sales declinePrime central London property market sees second quarter of sales declineThe prime central London property market is seeing further adjustments with the latest figures showing that the overall value of properties transacted is down 21.1%.



West Tower

West Tower

West Tower

Car park

West Tower

home rental guide

Limousin Guide

Barratt Homes

Limousin Guide

Search for Properties:

Feature story

Student accommodation investment check List

It’s the UK’s strongest asset class, but are all student accommodation properties good investments? This is the comprehensive list of what to watch out for when buying student property.

 

Company news

Real estate franchise Century 21 reports surge of new offices in UK

Property franchise Century 21 UK has announced the opening of a number of new offices around the country.

Finance Update

Nationwide resumes access to Help to Buy for home movers

Nationwide Building Society has announced that it is resuming access for home movers looking to participate in the government’s Help to Buy equity loan scheme from Wednesday, 24 September 2014.

Features

Student accommodation investment check List

It’s the UK’s strongest asset class, but are all student accommodation properties good investments? This is the comprehensive list of what to watch out for when buying student property.

 

Newsletter

Subscribe to our weekly newsletter and stay updated on the property market trends.
Subscribe now >>

Subscribe to our Europe property and real estate news feed (RSS)