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Since H2 2018 the RICS Rural Land Market Survey has not been produced due to it no longer being ‘on a sustainable footing in terms of sample size’ In 2019, the average bare agricultural land in England and Wales was ~£7000 p/ac, about 3% lower than it was 12 months earlier, and 5% down over…

UK House Price Index As from January 2020, the average house price in the UK is £231,185. The average price of a house in Cambridge in £511, 272. Property prices have fallen by 1.1% compared to the previous month, and are up by 1.3% compared with the previous year. Commercial Property Index At the end…

  2019 2020 Change Cumulative 2019 2020 Change W/E 20th March (ac.) 355 658 85%   3969 2986 -25%                 This chart is based on land for sale in Farmers Weekly. This does not include private sales or property advertised in other publications.

Make sure you have done your sums before you proceed with that additional property purchase A nasty shock awaits those who have not fully calculated the full implications of the latest Stamp Duty Land Tax (SDLT) additional rate warns Jim Bryant. Do not forget this additional rate will apply even if you have a share…

Commodity 2020 (£) 1970 (£) Av. Price of UK farmland/ac. c.7000 c.2500 Av. Price of Wheat/tonne 198 c.300 Av. Pay/hr for farm worker 8.74 7.02 Av. Price for Urea/tonne 247 417                                                                                                                                                                                                                                                                                                                                Spiking wheat prices in the mid-1970s and early-1950s (reaching a peak of c.£650/t in…

Rural Land Market Survey 2018 RICS H2 2018 – Demand continues its decline while supply holds steady; Rents rise for both arable and pasture farmland The H2 2018 RICS/RAU Rural Land Market Survey shows a continued softening of activity, with Brexit uncertainty likely the key factor. Demand has continued to decrease, while supply has remained…