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<h1>Land values fall by 50%</h1>
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<p class="blog_date">03/04/2024</p>
<p class="blog_author"><strong>Posted by:</strong><br/>AJ William</p>
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<p>The value of development <strong>land</strong> fell by an average of 50 per cent during 2008, research from <strong><a href="http://www.knightfrank.com/Research/ViewReportDetails.aspx?rtid=154" title="Knight Frank">Knight Frank</a></strong> has found. Every region was affected – prime London, which had remained relatively resilient, has the largest drop with land falling 33 per cent on average in the final three months of 2008. Urban land values in Yorkshire and Humberside experienced the steepest fall at 64 per cent.
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