SYMONDS & Sampson held their “beat the budget” auction ahead of the announcements on Wednesday, October 30 and report "strong auction results" overall.
 
Auctioneer Mark Lewis said: “ We thought a few buyers would fall away whilst awaiting to hear how the budget would affect them but, although we missed a couple, most bidders were looking longer term and wanting to earn income rather than look towards capital tax planning.”
 
Auction partner Meredith Wallis agreed and added: “We had bidders from all over the south and East of England and most were outbid by buyers within our region. The prices paid for agricultural land was particularly pleasing and shows a great confidence in British farming.”
 
Notable prices
Land in Dorset to £12,800 acre.
Land in Devon to £10,451 acre.
Land in Somerset to £11,320 acre.

Highlights of the auction
Terraced house in Kilmington Devon sold at 40 per cent above guide price.
Smallholding in Chardstock Devon sold at 30 per cent above guide price.
Cottage near Blandford 7 sold at per cent above guide price.
 
The “most exciting” part of the event was surrounding the sale of a part built house near Radstock Frome Somerset.

Guided at £200,000 after 30 bids the hammer fell at £400,000 – 100 per cent above guide.
 
Symonds & Sampson have two more auctions in this calendar year – on November 15 and December 11.
 
Entries are still available for December and also for their monthly sales throughout 2025.

Enter by Wednesday to include your property in our final auction of 2024.