Welcome to the February Newsletter
Given the very small sample set it is difficult to draw any meaningful conclusions from the results. However, the quietest month in the auction calendar is now behind us and we're currently in the midst of one of the busiest. Around 4,000 lots are expected to go under the hammer in February so do look out for next month's newsletter which will provide a far more accurate account of today's market.
Overall Statistics January 2018
Auctions Held in the UK 9
Total Lots Offered 430
Total Lots Sold 316
Percent Sold 73.5%
Total Realised £26,474,459
National Auction Analysis
The rolling yearly figures show very marginal falls in the number of residential lots offered and sold, but the sale rate averaged a very healthy 76.5% over that period. The commercial sector has seen a more marked drop in lots offered and sold over the last 12 months - down 6% and 5.9% respectively, however the sale rate has remained strong at 79.3% and the amount raised largely comparable.
A word from the editor:
As ever I would welcome any comments or feedback you may have regarding the newsletter or indeed the wider market in general.
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By Beth Fox