Low supply and pent-up demand sees land values rise 3%
Farmland values rose by an average of 3% in England during the first six months of 2020 because of historically low supply and pent-up demand.
The market sentiment at the start of the year was one of optimism following an end to some of the political uncertainty that had been slowing the market. Despite an unsettling few months the appetite to buy land has not been diminished.
Conversations with buyers point to many seeing land as a safe asset class in which to invest at times of uncertainty – a trend seen in the past.