Auction House sales were boosted in August as supply improved and demand remained high during the traditionally slack holiday month. There were sales of 90 lots from 124 offered at a steady success rate of 73% (72.6%) with £12.4m (£12,421,000) raised.
This year’s result was more than two-thirds up on 2019 – proof of the higher activity level and strengthening performance of the sector.
Commenting on the month, Founding Director Roger Lake said: “What we are experiencing now is a perfect window of opportunity for sellers. Indeed, there are three key reasons why those with surplus properties
A detached “Arts & Crafts” style house will be among the stand-out lots coming up for sale at Bond Wolfe Auctions’ remote bidding auction later this month.
Aside from its style, the five-bedroom property offers size and comes with existing outline planning permission for an additional dwelling on its 0.4 acre plot.
The BWA auction on Wednesday 16 September will be the largest-ever livestreamed auction to be held in the UK and starts at the earlier time of 9am to accommodate the 214 lots, with potential buyers bidding by proxy, telephone or internet only.
A former library building in the Black Country that was closed three years ago is up for sale at Bond Wolfe Auctions’ remote bidding auction this month.
The auction on Wednesday 16 September will be the largest-ever livestreamed auction to be held in the UK and starts at the earlier time of 9am to accommodate the 214 lots, with potential buyers bidding by proxy, telephone or internet only.
The former library building in Coppice Road, Walsall Wood, is listed as a commercial property and is expected to attract high levels of interest from potential bidders because of its redevelopment
The combined talents of three top experts helped property sellers around the country get great results in SDL Auctions’ largest auction ever – and the UK’s biggest in August for 12 years.
The eighth lockdown auction held by the SDL Auctions, the UK’s most successful live-streamed auctioneer* saw Andrew Parker, Rory Daly and Graham Penny reunited – but socially distanced – in the company’s head office studio to sell a catalogue of 200+ lots.
The national property auction got off to an excellent start with a series of lots in Leicester, the first selling for more than twice its guide price.
Bond Wolfe Auctions will next month set a record for the largest-ever remote bidding and livestreamed auction to be held in the UK.
An impressive total of 214 lots are in the newly published catalogue for the auction that will be held on Wednesday 16th September.
Properties on offer range from a former neighbourhood police base in the Bilston to a library in Walsall, and to a Grade II-listed cottage in Herefordshire.
Other interesting lots include various other properties being sold on behalf of Birmingham City Council, Walsall Council, the Ministry of Justice and the Law of Property Act
The former RBS branch on New Street in Lancaster is due to go up for sale by auction next month. The building will feature among around 60 properties in Pugh’s next property sale, which will be held online on 9 September.
The 4,000 sq ft, three‐storey bank was closed in April 2018 as part of RBS’s nationwide closure of branches and shift to digital banking. It is being auctioned with a guide price of £300,000.
Pugh managing director Paul Thompson, said: “The former RBS branch is a handsome building that would be really well suited to a variety of potential new uses, subject to obtaining
Auction House is reporting that the average price of its properties sold during lockdown has rocketed by over a third.
The figure has soared from £116,145 in July 2019 to £159,359 in the same month this year – an increase of 37%.
Commenting on the figures, Auction House Founding Director Roger Lake says that the sharp rise – which became noticeable from May of this year onwards - is down to three contributory factors.
He explains: “Firstly, it’s the simple fact that there has been a huge upsurge in buyers looking to purchase property this way. The competitive bidding nature of auction is
So this is what we have been busy producing during Lockdown, and we hope that you like it!
The content and navigation of the website has pretty much remained the same. The most obvious changes are the colour scheme, logo change and layout, however we have also introduced more functionality and some additional services, including for Members - daily or weekly Property Alerts and thumbnail catalogues!
In terms of the Search, you can now select multiple counties and property types, and the price range has been changed to a slider. If you decide to Register (our subscription prices remain the
Live stream sales for Auction House London are going from strength to strength as it achieved its highest value auction (Thursday 30 July 2020) since lockdown began, raising more than £17m.
Director and Auctioneer at Auction House London, Andrew Binstock said, “It was an extraordinary auction. Five and a half hours of endless bidding meant I did my longest ever stint on the rostrum without stopping, with many properties flying miles above their reserve prices.”
Highlights of the auction included a shell of a five bedroom terraced house in Brixton (pictured above), south London, guided at £400
Following its seventh lockdown auction, SDL Auctions has retained its position as the UK’s most successful live-streamed auctioneer and helped its buyers save more than £74,000 in stamp duty tax.
In July alone the company has raised £20.7 million in sales and sold 170 properties for its vendors up and down the country through its daily single-lot online auctions and its monthly national property auction.
Andrew Parker, auctioneer and managing director at SDL Auctions, commented: “This live-streamed national property auction was a fitting finale to another highly successful month for our
Moving Home
UK Auction List works with our partner, Really Moving to provide everything you need for a stress-free move.
