Steady prices on view in Timber Price database now out

In Blog by Trevor

News in  is that Property Consultants Bidwells have now released their Winter 2017 Timber Price Database showing steady prices over the past year.

The report collates data returns from 75 sales transactions covering almost 615,000 cubic metres of timber traded predominantly in Scotland as well as Northern England and Wales, during the period April to September (inclusive) 2017.

With a standing value to growers of over £14,000,000, the results provide a reasonable snapshot of timber prices achieved in the private sector during the reporting period.

When compared to the returns in a previous report (October 2016 to March 2017), there looks to be little significant change in prices paid.

The range of prices being achieved for individual lots of similar average tree size is vast, and this will depend on factors such as species, timber quality, location and ease of working.

In order to arrive at a more rounded and reliable view on the subject, a greater number of samples would be desirable, allowing more in-depth analysis of the figures to be carried out.

Further data shows there is a lot of coniferous timber being felled in the private sector, and this sample reflects only a small proportion of it.

Reports are produced on a sixth monthly basis and new contributors are welcome. All information is treated in the strictest confidence.

To view the full insights and research, please click for the report here.