VALUE OF FARMS IN ENGLAND

Ashburton Guardian, Volume VII, Issue 2019, 21 December 1888, Page 3

VALUE OF FARMS IN ENGLAND

A Home paper of November 3rd oay I fnrras are sold nt the present time In al parts of the country al priced varying from £15 to £25 pec acre, Including hoaao and oustorrury buildings, asaumlnp; tho laud to be of fair average quality. Poor hanvy land furma, or others of an undesirable cbaraoteß, are worth a groat deal lees, and good grszlng land onnaidarably morj. The^Eatatea Gez^tte " reports tho B»le of tho Meopham Court Eotato, comprising 1350 aoreo, five mllea from Graveßend, with a railway station on tne property, Tho estate ooßt the vendors £80,000 and it has now been Bold, after various Improvements, Buoh as now oottacjoo, enlargements of the mansion, ond do?/ otnbliop, at a little loss than £40.000, or about £27 por acre, tho timber of 175 acro3 of woods being iDcluded, m tho sale, and the rental : of tho estate, estimating that of the mansion and tho shooting at £250, being £18Q0ayoir. Many other transactions , of tho name character might bo mentioned, but none of them are moro entirely typical of tho reduced valuo of tho lond tban thio examplo of a good estate m Kent, with a ' mansion, cottages, and aoven or eight good ! homesteads upon it, selling at £27 por . aero. In tho famous corn growing i country oE Kbbox, with its Bmnll nroa of grasß land, the reduction m tho valuo both of rents and foo simple has boon much greater because tho oggfl, bo to spoak, aro all m one buaket. Tho future of corn farms Booms far lesg Hocuro than that of mixed und pnntoral farms