Welcome to the August newsletter:
Looking back at auction activity in July and preceding periods
Overall Statistics July 2017
Auctions Held in the UK 144
Total Lots Offered 3,657
Total Lots Sold 2,774
Percent Sold 75.9%
Total Realised £526,758,443
National Auction Analysis
A word from the editor: I welcome any feedback or questions you may have about our newsletters or the wider market in general.
Kind regards, David Sandeman
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Essential Information Group - News and Information
Keep up to date with our latest news, case studies and what's going on in the property auction industry on our blog.
Industry news
21/10/2026
Two million recorded bids. Every bid has a story.
A major milestone for Essential Information Group (EIG) as we celebrate our 2 millionth recorded auction bid. This landmark moment reflects the continued growth of property auctions and the importance of accurate, comprehensive auction data in helping property professionals make informed decisions.
Buying at auction
25/03/2026
The Most Important Document in the Legal Pack? The One That’s Missing.
Legal packs are often treated as the definitive source of truth in a property transaction. But in reality, they are anything but complete. While they provide essential information, they are built to meet minimum requirements - not to offer full transparency. And in many cases, it’s not what’s included that creates risk, but what’s missing.
Buying at auction
24/03/2026
Guide Prices: Why Buyers Should Treat Them as a Guide to the Reserve
Guide prices are one of the most misunderstood elements of the auction process. Too often, buyers treat them as an indication of a property’s value, when in reality they are designed to signal something entirely different, the likely reserve. In an increasingly competitive and dynamic auction market, understanding this distinction is critical to making informed decisions and avoiding costly assumptions.