Agricultural land prices in Gelderland and Overijssel are rising slightly | Vee-en-Gewas.nl

Agricultural land prices in Gelderland and Overijssel are rising slightly | Vee-en-Gewas.nl
Agricultural land prices in Gelderland and Overijssel are rising slightly | Vee-en-Gewas.nl
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The average agricultural land price in the 1st quarter of 2024 shows an increase of 2 percent in Gelderland. In Overijssel there has been an increase of 1 percent. This is evident from figures from the Land Registry and the WUR.

In Gelderland, the price for a hectare of agricultural land is 77,800 euros in the 1e quarter of 2024. In Overijssel this is 76,300 euros per hectare.

The relative land mobility – the traded area compared to the total area of ​​agricultural land – over the last four quarters shows an increase of 0.2 percentage points in Overijssel compared to a year earlier, which amounts to 1.4 percent. Overijssel, together with South Holland, is therefore the province where relative land mobility shows the strongest increase. In Gelderland the relative land mobility is 1.7 percent. A decrease of 0.1 percentage point compared to a year earlier.

Nationwide

The average agricultural land price in the Netherlands is in the 1e quarter of 2024 4.4 percent lower compared to the 4e quarter in 2023. Where in the 4e quarter of 2023 the average agricultural land price was 82,400 euros, this is in the 1e quarter of 2024 amounted to 78,800 euros. This is exactly the same as the average land price for the whole of 2023.

The national agricultural land price is in the 1e quarter of this year, while land prices have risen in most provinces. ‘The reason is that the provincial quarterly prices are calculated as the moving average over four quarters, while the national quarterly price is the actual price of the quarter. The provincial moving average therefore lags slightly behind the national quarterly price development,’ explain Het Kadaster and WUR.

Grassland

The average price of grassland is in the 1e quarter of 2024 increased by 2.9 percent. The price amounts to an average of 73,300 euros per hectare. That is 5.6 percent above the average price of grassland in 2023 of 69,400 euros per hectare. The average price of silage maize land is in the 1e quarter 79,200 euros, a decrease of 1.4 percent.

Arable land

The average land price for arable land also shows a decrease in the first quarter of 2024 and amounts to 88,700 euros per hectare. That is 2.4 percent below the average price of arable land for the whole of 2023 of 90,900 per hectare.

The article is in Dutch

Netherlands

Tags: Agricultural land prices Gelderland Overijssel rising slightly VeeenGewas .nl

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