Farmland market snapshot from Chesterton Humberts

A number of encouraging positive indicators have driven land values to reach new record levels, exceeding equities and national house prices in the long term, according to Chesterton Humberts latest farmland market snapshot. The company forecasts that farmland values will increase by 30% over the next five years as the fundamentals driving growth become stronger.

Despite extreme weather conditions and a stagnating economy, farmland values in Southern and Eastern regions saw strong growth during 2012, with national figures ending the year at an average of £21,053 per hectare and £8,520 per acre. Meanwhile long term growth shows figures have quadrupled since 1995, outpacing national house prices (160.2%) and FTSE 100 (92.4%). Agricultural rents also exhibited healthy growth reflecting the uplift in land and commodity prices....

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Published: 20/02/2013 - Chesterton Humberts Website