Steer Ethelston Rural LTD
Farm land price growth trebles
Wednesday, May 16th, 2007
Sue Steer, as The Royal Institiution of Chartered Surveyors spokesperson, appeared on BBC1’s Country File on 6th May 2007 to discuss the dramatic increase in farm land prices over the last year.
Demand for farmland has been pushed up by a lack of supply of land coming onto the market, record City Bonuses, better commodity prices and competition form the Irish and Danes. The average price of farmland rose to £8164 per hectare at the end of 2006. For further information go to rics.org or bbc.co.uk