NEWS

Local opinion needed on land values

Published October 31st, 2017

While arable land values have been reported as falling by as much as eight per cent in some regions, Shropshire chartered surveyor Charlotte Rogerson says there has not been such a significant decrease in the West Midlands.

“It is evident that purchasers are being more cautious,” said Charlotte who is based at the Shrewsbury office of Berrys.

“But the market is very polarised which shows that the extremities of the market are more than likely distorting the average evidence that has been provided.

Arable land values polarised

“The effect of market polarisation means that it is essential for farmers to obtain a local opinion on the value of their land as factors such as access, quality, services, legal restrictions and local demand are becoming more important in an increasingly cautious market and in turn starting to have a noticeable effect on values,” she said.

“In addition, it is essential for vendors of land to be more understanding of the case specifics surrounding each comparable sale and their effect on value when considering the value of their own land,” she added.

For more information contact Charlotte Rogerson on 01743 290642  or email: charlotte.rogerson@berrys.uk.com

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More about Charlotte Rogerson


BSc (Hons) MRICS FAAV
Chartered Surveyor
Tel: 01743 290642
Mobile: 07741 311587
charlotte.rogerson@berrys.uk.com

Charlotte joined the Shrewsbury office in September 2014. From a farming background, Charlotte completed a BSc (Hons) degree in Rural Enterprise and Land Management at Harper Adams University College and qualified as a Rural Chartered Surveyor after obtaining relevant experience at Buccleuch Estates, Queensberry.

 Charlotte specialises in freehold property agency and acquisition (residential development land and farmland), valuations (for secured lending, inheritance tax, capital gains tax and for private clients), estate and property management, landlord and tenant matters under Housing Act 1988, Agricultural Holdings Act 1988 and Agricultural tenancies Act 1995, Basic Payment Scheme and compensation work.