More than 5,300 land listings currently available in Britain
The latest research from LandSale, the property portal dedicated to land and rural property, has revealed that there are an estimated 5,373 land listings currently available across Great Britain, with almost a quarter, 24.9%, listed in the past 30 days.
The analysis examined all land-only listings currently being marketed across Great Britain. LandSale assessed the volume of available stock across each region, as well as the proportion of listings that have entered the market within the last 30 days.
Current market stock shows that Scotland is home to an estimated 905 land listings, accounting for 16.8% of all available land opportunities across Great Britain. The South West ranks second with 697 listings, representing 13% of total stock, while the South East accounts for a further 11.7%.
Wales and the East of England each represent 11.4% of the market, with an estimated 612 and 611 listings respectively. The East Midlands accounts for 10.4% of all available stock, followed by the North West at 7.7% and the West Midlands at 7.1%.
Yorkshire and the Humber holds a 6.4% share of available stock, while the North East is home to 2.7%. London represents the smallest share of the market at just 1.5%.
Looking at how much stock has entered the market recently, LandSale found that 24.9% of all available land stock across Great Britain was listed in the last 30 days.
London has seen the highest proportion of recently listed land stock, with 39.2% of all current listings having come to market within the last month. The South West ranks second at 33.3%, narrowly ahead of the West Midlands at 33.2%, while the East Midlands follows at 30.2%.
The East of England has seen 28.2% of available stock listed within the last 30 days, followed by the North West at 27.3% and the South East at 26.9%. Yorkshire and the Humber sits at 24.2%.
Elsewhere, Wales has seen 16.0% of stock enter the market during the last month, followed by the North East at 15.4%, while Scotland has the smallest proportion of newly listed stock at just 13.3%.
Founder of LandSale, Adam Morris, commented:
“Land availability varies considerably across Great Britain, both in terms of the volume of stock available and the rate at which new opportunities are entering the market.
While Scotland and the South West account for a significant proportion of all land currently for sale, the data also shows that fresh stock is continuing to come to market across every region. For buyers, developers and investors, understanding where opportunities are concentrated can provide valuable insight into the current shape of the land market.
Land remains a highly localised asset class and the availability of stock can differ substantially from one region to the next. Monitoring market activity helps provide a clearer picture of where opportunities currently exist and how the landscape is evolving.”
You May Also Enjoy
Gap between house prices and earnings narrows
New Scheme Could Double Solo Buyer New-Build Options
Annual house price growth halves in September
Homesellers say valuation appointment is key
London’s rental market bucks the national trend
