Key data and expert commentary
outlining key trends in the farmland market
Farmland market update q2 2019
download The full report
MARKET OVERVIEW
FARMLAND MARKET UPDATE
EAST OF ENGLAND
East of England Land Values
Arable
Pasture
East of england
EMAIL Jack
01423 707815
Surveyor
Jack Cook
q2 2019
Q2 2019
The farmland market in England and Wales remained muted during Q2 as buyers and sellers continued to sit on their hands, waiting for more clarity on Brexit before proceeding with transactions. Despite this, deals are continuing to progress and there are still many buyers in the marketplace, with those who are motivated being the most active. However, while uncertainty remains, in some cases buyers are unwilling to commit to large capital investments.
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£8,664
per acre
Average
arable land value in q2 2019
-0.6%
-1.7%
Q-ON-Q
CHANGE
Q-ON-Q
CHANGE
y-ON-y
CHANGE
2019
£12,000
June 2011
June 2019
£ per acre
£0
EMAIL Andrew
020 7518 3212
Head of Rural Agency
Andrew Fallows
EMAIL Stephen
020 7518 3264
Partner
Stephen Hall
North East Land Values
2019
Arable
Pasture
North East
EMAIL Sam
01423 707801
Associate
Sam Johnson
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£10,000
£0
£ per acre
June 2011
June 2019
North East
North west
North West Land Values
2019
Arable
Pasture
North West
EMAIL Robert
01539 722592
Senior Surveyor
Robert Bowyer
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£14,000
£0
£ per acre
June 2011
June 2019
“Despite the low level of stock in the marketplace, deals have been agreed in the North West. These deals vary considerably in terms of progress and competitive pricing remains paramount. Increasingly we are working with other advisors (solicitors, banks and agricultural consultants) to provide clients with a well-rounded service that goes beyond just the sale of an asset.”
“The limited supply of new stock continues to prevail and this scarcity assists in underpinning values. However, the market continues to be characterised by ‘hotspots’ and as such local knowledge and setting realistic guide prices are critical. Purchasers remain discerning with some happy to sit back and see what the market presents”
“In the East of England, many deals are being done off-market. Much of the new stock that is made publically available has largely been for bare land only, buoying this part of the market. Farmer buyers are keen to acquire these parcels of land, for the correct price.”
Yorkshire & the humber
Yorkshire & The Humber Land Values
2019
Arable
Pasture
Yorkshire & the humber
EMAIL Sam
01423 707801
Associate
Sam Johnson
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£12,000
£0
£ per acre
June 2011
June 2019
West Midlands
West Midlands Land Values
2019
Arable
Pasture
West midlands
EMAIL Ben
01604 608224
Associate Partner
Ben Ainscough
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£12,000
£0
£ per acre
June 2011
June 2019
East Midlands
East Midlands Land Values
2019
Arable
Pasture
East midlands
EMAIL Ben
01604 608224
Associate Partner
Ben Ainscough
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£12,000
£0
£ per acre
June 2011
June 2019
“The slow start in Q1 2019 has followed through during Q2, with limited new stock coming to market. New farms that have gone live so far this year have attracted some strong interest, particularly from buyers with rollover funds.”
South East
South East Land Values
2019
Arable
Pasture
South East
EMAIL Andrew
01962 833386
Partner
Andrew Chandler
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£14,000
£0
£ per acre
June 2011
June 2019
"During uncertain political times in the UK, at present buyers are showing an unwillingness to compromise on the criteria of the assets they wouldlike to acquire. Well placed and realistically priced properties are receiving excellent interest and are continuing to sell well, however good accessibility is key to retaining the higher values."
South WEst
South West Land Values
2019
Arable
Pasture
South West
EMAIL david
01823 428591
Partner
David Hebditch
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£12,000
£0
£ per acre
June 2011
June 2019
“Motivated vendors continue to drive the market in the South West, as are buyers with rollover funds. However, the scarcity of land is a concern, so buyers are likely to compromise to benefit from rollover.”
Wales
Wales Land Values
2019
Arable
Pasture
Wales
EMAIL HUgh
01248 360417
Associate Partner
Hugh O'Donnell
Don’t be lulled into thinking the property sector will lie immune to the fast approaching driverless transport revolution. Professor Simon Gibson, a leading expert on autonomous vehicles, warns not to underestimate the changes that will reshape parts of the market by 2040.
£10,000
£0
£ per acre
June 2011
June 2019
“Throughout Wales, supply levels remain constrained, particularly for commercial farmland. In the north of the country, lifestyle farms have dominated acquisitions over the last 12 months, and there are no signs of this abating.”
download The full report
“The limited supply of new stock continues to prevail and this scarcity assists in underpinning values. However, the market continues to be characterised by ‘hotspots’ and as such local knowledge and setting realistic guide prices are critical. Purchasers remain discerning with some happy to sit back
and see what the market presents”
“The slow start in Q1 2019 has followed through during Q2, with limited new stock coming to market. New farms that have gone live so far this year have attracted some strong interest, particularly from buyers with rollover funds.”
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a local overview
Key data and expert commentary outlining key trends in the farmland market
The UK
housing Market
Farmland market
update
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NORTH WEST
WALES
SOUTH WEST
NORTH EAST
YORKSHIRE & HUMBER
EAST MIDLANDS
WEST MIDLANDS
EAST OF ENGLAND
SOUTH EAST
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CLOSE
download The full report
2019
EMAIL Sam
01539 722592
Senior Surveyor
Robert Bowyer
“Despite the low level of stock in the marketplace, deals have been agreed in the North West. These deals vary considerably in terms of progress and competitive pricing remains paramount. Increasingly we are working with other advisors (solicitors, banks and agricultural consultants) to provide clients with a well-rounded service that goes beyond just the sale of an asset.”
CLOSE
download The full report
2019
EMAIL Sam
01423 707801
Associate
Sam Johnson
“The limited supply of new stock continues to prevail and this scarcity assists in underpinning values. However, the market continues to be characterised by ‘hotspots’ and as such local knowledge and setting realistic guide prices are critical. Purchasers remain discerning with some happy to sit back and see what the market presents”
CLOSE
download The full report
2019
EMAIL Sam
01248 360417
Associate Partner
Hugh O' Donnell
“Throughout Wales, supply levels remain constrained, particularly for commercial farmland. In the north of the country, lifestyle farms have dominated acquisitions over the last
12 months, and there are no signs of this abating.”
CLOSE
download The full report
2019
EMAIL Hugh
01604 608224
Associate Partner
Ben Ainscough
“The slow start in Q1 2019 has
followed through during Q2, with limited new stock coming to market. New farms that have gone live so far this year have attracted some strong interest, particularly from buyers with rollover funds.”
CLOSE
download The full report
2019
EMAIL Ben
01604 608224
Associate Partner
Ben Ainscough
“The slow start in Q1 2019 has
followed through during Q2, with limited new stock coming to market. New farms that have gone live so far this year have attracted some strong interest, particularly from buyers with rollover funds.”
CLOSE
download The full report
2019
EMAIL Ben
01423 707815
Surveyor
Jack Cook
“In the East of England, many deals are being done off-market. Much of the new stock that is made publically available has largely been for bare land only, buoying this part of the market. Farmer buyers are keen to acquire these parcels of land, for the correct price.”
CLOSE
download The full report
2019
01962 833386
Partner
Andrew Chandler
"During uncertain political times in the UK, at present buyers are showing an unwillingness to compromise on the criteria of the assets they wouldlike to acquire. Well placed and realistically priced properties are receiving excellent interest and are continuing to sell well, however good accessibility is key to retaining the higher values."
CLOSE
download The full report
EMAIL Jack
2019
EMAIL Jack
01962 833386
Partner
David Hebditch
“Motivated vendors continue to drive the market in the South West, as are buyers with rollover funds. However, the scarcity of land is a concern, so buyers are likely to compromise to benefit from rollover.”
CLOSE
download The full report
download The full report
download The full report