The average cost of land per acre in the UK is £363,000 per acre including London.

According to EG Radius data, the average cost per acre rose to £363,000 per acre in the UK, yet was just £61,000 per acre excluding London.

The Figures

Excluding London, the average cost per acre of land in the UK is £61,000 across the three types of land – commercial, residential and agricultural.

Land transactions dropped to their lowest level in nearly 10 years, with the cost per acre rising – with retail topping the highest transactional volumes.

Shepherd Commercial a leading commercial asset consultancy and agency based in Birmingham and Solihull, have provided this short blog.