Average values of arable land in England have risen again, now at £10,4631 per acre.
Average values of arable land in England have risen again, now at £10,4631 per acre.
Despite the increased supply of land to the market during Q1 and Q2 2015, prices have continued to increase by just over 2.5% over the past three months.
That said there are wide variations in prices achieved across the country. The average rise is due to some strong sales of arable land predominantly acrossthe East of England, East Midlands and the South East. Other regions have also seen price increases, however, not at the same level (£/acre).
Pasture prices have also increased, now at £6,8511 per acre for England, ahead of the 3 year cumulative average of £6,497 per acre.
View the full English Farmland Market Review - Q2 2015.