Derbyshire auctioneers, Bagshaws Residential held its fifth Midlands property auction of the year at Derbyshire County Cricket Club at the end of last month.

There was a lot of interest in the properties being offered prior to the auction with the sale being well attended with vendors and purchasers alike.

Cash buyers together with proxy and telephone bidders competed for properties from as wide an area as Skegness and County Durham.

Many properties were sold above their guide price with a three-bedroomed terraced house in Nottingham selling for £32,500 above guide, a three-bedroomed mid-terraced house in Birmingham selling for £37,500 above guide and a commercial property in Derby selling for £20,000 above guide.

Bagshaws Residential is part of Sequence(UK) Limited, one of the largest national networks of estate agents throughout the country holding seven auctions a year.

Their next auction is being held on 25th November 2015.