Symonds & Sampson held their ‘beat the budget’ auction ahead of the announcements on 30 October and report a strong trade for both land and bricks and mortar.
 
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 “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.

 
Terraced house in Kilmington Devon 40% above guide.

Smallholding in Chardstock Devon 30% above guide.

Cottage near Blandford 7% above guide.

 
The most excitement was for a part built house near Radstock Frome Somerset. Guided at £200,000 after 30 bids the hammer fell at £400,000 100% above guide.

 
Symonds & Sampson have two more auctions in this calendar year – 15 November and 11 December.

 
Entries still available for December and our monthly sales throughout 2025, enter by Wednesday to include your property in our final auction of 2024.