Farmland for Sale

Farm land and agricultural land would appear to be the same commodity. Infact, they bear the same relationship as a Greenbelt and greenfield land.

Farm land includes agricultural land. Another term used for agricultural land is 'bareland', meaning that is farm land for sale with no buildings or residencies attached. There is, for example, a difference in the price for 'bareland' and farmland. The RICS rural land market survey in 2004 showed that the average price of 'bareland' across the UK was just over £7,000 per hectare, whilst the price of farm land was nearly £10,000.

There are farm land for sale 'hot' spots in terms of demand. Unsurprisingly, the South East has the highest percentage of non-farmer individuals wishing to purchase farmland. A staggering 75% of sales in the South East during August to September 2004, where not farmers. 62% were private individual investors, 6% were institutional investors, 6% were developers and 1% were miscellaneous purchasers. Compare this with Yorkshire and Humberside, 65% of buyers were agricultural but still 33% were non-farmer individuals.