BBC cameras were at our latest property auction filming for a forthcoming programme called The Village.
There was great excitement in Sherborne Dorset on 16 March when the BBC arrived to film our first property auction of 2018. People from all over the south of England including a strong contingent from London and the south coast packed the sale room to bid for properties in Dorset and Somerset.
Auctioneer Mark Lewis was pleased to welcome the BBC back to the auction room “We have appeared numerous times on the daytime programme Homes under the Hammer but when the production team moved to Scotland they felt that our auctions were too far away. On 16 March they were filming for a programme ‘The Village’ which will feature Milton Abbas and when filming the village street they met the person who was selling his cottage at auction.
The BBC witnessed some exciting and frenetic bidding and the sale started very strongly with lot one being a small parcel of land, 0.27 acre, in Verwood. Guided at £7,500 there were three telephone bidders, two proxies and numerous other interested parties in the room. The bidding went quickly past the guide and the hammer fell sixty seven bids later at £52,000.
The value of agricultural land is a hot topic of discussion for farmers and the sixty six acres of land near Gillingham was unusual as most of the Blackmore Vale is well known for clay land but these parcels were an anomaly as they lie on the limestone allowing some out wintering of livestock or cereal production. The land was keenly sought and sold for £11,200 acre.
Weymouth is always a popular destination for property and we had two brilliant lots. One was a Grade II listed cottage at Upwey which sold for £258,000, 29% above guide, and the other an end of terrace house close to the sea front. Interest in this lot was particularly strong and the hammer fell at £167,000, 67% above guide.
An investment property in Somerset sold well to a local person following which we offered the cottage at Milton Abbas. It is one of the classic thatched properties that dates from 1780 and is in the main street. It had been in the same family for over thirty years but now needed some renovation and updating. Guided at £250,000 bidding was brisk and the hammer fell at £298,000 to a buyer from West Sussex.
The BBC programme should be aired in the autumn of this year.
Symonds & Sampson’s next auctions will be 12 April in Devon, 13 April in Hampshire and 27 April Dorset.
Further entries for later auctions are always welcome. Contact Mark Lewis 01258 474266