English Estates & Farmland Market Review from Strutt & Parker

2017 started slowly in terms of the amount of land marketed and it looks like the year will end that way, too. During the first nine months of the year, around 73,000 acres of land in England have been marketed, which is in line with the five-year average, but a 20% fall on 2015 levels.

Autumn is usually a prime time to sell, but there has been a noticeable lack of new farms coming forward over the past six weeks and this is unlikely to change before Christmas. Certain categories of buyers – for example, those on the hunt for large residential estates – are currently competing over a dwindling pool of properties. Similarly, an increase in the amount of roll-over money circulating in the market has prompted strong demand for larger, commercial blocks, leading to premium prices in many cases...

Published: 13/10/2017 - Strutt & Parker Website