Farms & Land Market 2024
Symonds & Sampson are the Agents selling farms and land in 2024. Andrew Tuffin, Head of Farm Agency, summarises values, buyer types and market trends below. If you are considering buying or selling farms and land, please do get in touch.
About Farms & Land
Our prolific Farm Agency team has experienced its busiest spring and early summer for many years. To date, we have launched over 40 farms and smallholdings to the market, not to mention numerous blocks of bare land. A handful of sales have even been completed, which is unusual in a property market where transactions are taking longer due to legal and financial processes. This is a testament to our detailed sales preparation, targeted marketing campaigns, thorough due diligence, and excellent working relationships with property solicitors.
2024 Values
Values have remained resilient, but one must drill into detail to get the full picture. Lending rates stubbornly remaining 4% above the lows of the 2010’s has affected the appetite of commercial farmers.
This has resulted in more locational variation in values:
- Quality bare land in sought-after locations now regularly achieves over £10,000 per acre.
- Equipped farms over 100 acres with a dwelling fetch £15,000 - £20,000 per acre.
2024 Demand
We have noticed that investor buyers are seeking scale. 300-plus acre farms or blocks of land are less frequent and easier to sell than those of 50 acres. This may be influenced by the buyer profile gradually changing, active buyer types include:
- Institutional or Private Investors
- Farmers
- Estates
- Buyers securing land for environmental benefits
- Roll over funded buyers
We pride ourselves on providing clients with the advice and support they require, whether they are buying, selling or managing residential, rural or commercial property. Below are some of our recently sold farms, please contact our agents for more information and we look forward to the opportunity to work with you.
Beaminster Dorset
Gillingham, Dorset
Umborne, Devon
Meet our Farm Agents
Experienced Agents selling, buying and letting farms and land across the South and West of England
Andrew Tuffin
Partner
Frome Market, Sturminster Newton
MRICS FAAV
Department: Sturminster Newton Rural and Agricultural, Rural and Agricultural, Professional, Frome Market Rural and Agricultural
Speciality: Agricultural Tenancies, Agriculture, BPS, Contract Farming, Development Land, Farm Business Tenancies, Farms and Land, Grass Keep, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Tax Planning, Valuation, Valuations for Banks
01258 472244
07970 208825
atuffin@symondsandsampson.co.uk
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Ross Willmington
Partner
Axminster
DipAgFM MRAC
Department: Axminster Rural and Agricultural, Rural and Agricultural, Professional
Speciality: Agricultural Tenancies, Agricultural Appraisals, Agricultural, BPS, Compensation, Compulsory Purchase, Easements, Estate Management, Farm Business Tenancies, Farms and Land, Grass Keep, Rural Grants and Subsidies, Tax Planning, Valuations, Wayleaves
01297 33122
rwillmington@symondsandsampson.co.uk
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Will Wallis
Partner, Auctioneer, Head of Farm Agency
Dorchester, Frome Market, Poundbury Burraton House
MRICS FAAV
Department: Rural and Agricultural, Dorchester Rural and Agricultural, Frome Market Rural and Agricultural, Burraton Rural and Agricultural, Professional
Speciality: Agricultural Tenancies, Agriculture, BPS, Contract Farming, Development Land, Farm Business Tenancies, Farms and Land, Grass Keep, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Tax Planning, Valuations, Valuations for Banks
01305 236572
wwallis@symondsandsampson.co.uk
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Paul Heard
Partner
Tiverton
MRICS FAAV
Department: Agricultural Auctions, Tiverton Agricultural Auctions, Tiverton Rural and Agricultural, Rural and Agricultural, Professional
Speciality: Agricultural Tenancies, Agricultural Appraisals, Agriculture, BPS, Compensation, Compulsory Purchase, Contract Farming, Diversification, Easements, Farm Business Tenancies, Farms and Land, Grass Keep, Planner, Preparation of Plans for Land Registry, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Tax Planning, Telecoms, Valuations
01884 218911
07800 913637
pheard@symondsandsampson.co.uk
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Lucy Carnell
Rural Partner
Yeovil
MRICS
Department: Yeovil Rural and Agricultural, Rural and Agricultural, Professional
Service: BPS, Compensation, Compulsory Purchase, Easements, Farms and Land, Grass Keep, Preparations of Plans for Land Registry, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Valuations, Wayleaves
01935 382901
07940 256550
lcarnell@symondsandsampson.co.uk
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Gabriella Placidi
Senior Farm Agent
Devizes, Salisbury
Department: Rural and Agricultural, Devizes Rural and Agricultural, Professional, Salisbury Rural and Agricultural
Speciality: Agricultural Appraisals, Agriculture, Farms and Land,
07726 495957
01380 710535
gplacidi@symondsandsampson.co.uk
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