Savills recently published their research on Farmland Values in the Great Britain showed the combined 39.8 million acres of farmland in 2016 has been valued at £185.7 billion. In 2016 the available acreage for sale was circa 180,000 one of the lowest levels in the post war period.
The Savills Farmland Value Survey, despite the worries surrounding Brexit, showed an overall fall across the year in England and Britain as a whole, of just over 3% with large estates of more than 1,000 acres that came for sale in the last quarter of the year receiving competitive bidding and guide prices exceeded.
Savills survey also highlighted that there was an increase in the use of borrowing for farm purchases, 30% of all buyers compared with 23% in 2015.
The survey concluded by forecasting 5.5% overall growth forecast for farmland over the next five years.