Auction House London record!

Auction House London record!

Our auctioneer partner, Auction House London had a fantastic auction on Tuesday with a sale rate of 91% (20 lots sold from 22 offered) in front of a very busy auction room. There were several lots that did particularly well but we think they may have set a new auction record with lot 25 - the three bed house in Camberwell that sold for £100,500 off a guide price of just £17,500. The reserve price was no higher than the guide price, so the vendor would have been happy with £17,500! But with an eventual sale price at almost 6 times that figure, as you can imagine, the vendor was very pleased indeed.

Other highlights included lot 4 - Bravington Road, Maida Vale which sold for £726,000 off a guide price of £650,000. This property had particularly fiece bidding from many local investors.

Outside of London they were just as successful with Ebenezer Row in Shropshire, for example, going for £74,500 - nearly double its guide price of £40,000.

If you have a property to sell and are considering auction, then contact us on 0845 0536906 as soon as possible and let one of our auctioneers help to take the stress off your shoulders!
 

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