Rural English estates have continued to perform well against other asset classes, according to the results of a new survey.
The Saville 2013 Benchmarking Survey results showed that the average gross income on all estates grew by 5.3 per cent to £212 per acre.
This upward trend started in 2001 and has been boosted by the strong growth in farm land values.
Total income for the commercial sector increased by 21 per cent. The leisure sector did not fare as well, and incomes fell by 7.1 per cent during the 2012 survey year.
In the eastern regions of the UK, agriculture is the main income stream and represents over half of the gross income. In the South East, it accounts for only 24 per cent of income.
Income from residential property increased by 4.6 per cent to an average of £8,723 per property.
The take up of commercial property on rural estates has improved and the recent relaxation of planning regulations is likely to stimulate growth further.
Income in the leisure sector remains under pressure, and location is the key factor to the level of rates investors are getting.
The highest levels are being collected in the South West and South East regions of England at £7 per acre and £12 per acre, respectively.
The South West of England has been affected by the prolonged recession, where income has dropped to only one-third of the £24 per acre it was fetching in 2009.
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