Reading land sells for 628% above guide at auction

Symonds & Sampson extended their area when they auctioned land at Shinfield near Reading Berkshire on Friday 29 April. Auctioneer Mark Lewis was pleased with the result of the whole auction “We had already held one auction in April but a few lots came in late so we held this as a livestream auction and it proved very popular with over 1200 people engaging with us.

Reading land sells for 628% above guide at auction

 

We had a small unfenced paddock at Ferndown next to the SSSI which sold 500% above guide, whilst a iconic house in Blandford sold 12% above guide. This property had failed to sell via the modern method of auction through another agent so the client was relieved to employ a proper firm of auctioneers who hold traditional sales.

 

A house in Cranborne sold for 12% above guide – this property had fallen through with another firm of estate agents- so getting the hammer down was a sweet moment.

 

The land at Shinfield however defied all expectations with 24 people registered to bid. The bidding soon rose above the guide of £35,000 and two bidders battled it out in the end as the hammer fell at £255,000.,

 

Symonds & Sampson will be in Devon for an auction on 19 May. Sherborne on 9 June and entries are welcomed for the Wimborne sale on 28 July.

 

Please contact Mark Lewis 01258 473766 Meredith Holmes 01202 843190 or Graham Barton 01297 33122

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