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Farmland values have reached their highest level since 2016, according to research by rural property agents Strutt & Parker.

Agricultural land values in England have reached their highest level since 2016, with the majority of farms now selling for at, or more than, their guide price.

Agricultural land values in England rose by 1% last year, fuelled by a shortage in the number of farms for sale and the growing range of buyer types.

The average value of arable farmland in England rose to £9,700 per acre in Q3 2021 – the highest quarterly average since early 2018.

View over the north coast of Cornwall Non-farmers are buying more farms than ever before - and there is little land coming to market. The proportion of farms bought by farmers has dropped to the lowest level in 20 years as buyers are acquiring farmland for green purposes. The number of people looking to buy farmland so they can manage it to improve biodiversity or generate carbon credits is on the rise, according to land and property specialists Strutt & Parker. “One of the most notable developments in the marketplace over recent months has been increased demand from green investors...