Price of Farmland

jackrussell101

Member
Mixed Farmer
Well here in the West Midlands we've had £10,000 an acre for the last 10 years or so until a few sales 2 years ago at £11,000 an acre.

Fast forward to this year and 140 acres of mediocre arable land has just sold for in excess of £14,000 an acre.
 

GeorgeK

Member
Location
Leicestershire
£700,000 (offers over) for 117 acres in Leicestershire. Flat, grade 3, floodplain, 8 fields. Borders river, some can flood. Access down narrow lane, big enough for modern kit but lots of dog walkers.

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Some more arable ground made £12,000 an acre the other day.

Seen the odd advert for land now asking for offers in excess of £12,000...
Asking price means nowt, some nearby with an asking price above that, been on market since spring.
When I put a cheeky bid in last week agent didn’t say they’d had a higher offer although has since tried to get me to up my offer saying they’ve had a bit of interest since.
Time will tell but I think he’s bluffing.
Wether the owners are prepared to accept less than a high bid is another matter
 

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