UK: NW land value falls by 41% in last year

[Duplex]

NW land value falls by 41% in last year

THE North-West is second in the UK for falling residential land values, with drops of 41% and 36% during the past year reported for brownfield and greenfield sites respectively.

According to Knight Frank’s Development Land Index, the value of urban development land outside London has fallen by 33% over the past year and by 15% in the past quarter alone

ldpbusiness.co.uk/commercial-property-liverpool/commercial-property-news/2008/10/01/nw-land-value-falls-by-41-in-last-year-96026-21936236/