Auction Data for August 2010


Essential Auction News

David Sandeman, Managing Director Welcome to the September newsletter with the overall results for the past month, quarter and year. As usual August is a quiet month with only a handful of auctions being held and the numbers reflect this.

Kind regards

David Sandeman
Managing Director
davids@eigroup.co.uk

National Auction Analysis

Being such a quiet month one cannot read too much into monthly comparisons, though the monthly totals do show a decline in all metrics used. The underlying trend for both quarterly and yearly comparisons also show declines, though less marked, with the exception of the yearly total amount raised that has climbed 1.7% when comparing September 2009 – August 2010 with September 2008 – August 2009.

It will be next month's newsletter that will give a better indication as to what the trends are going forward.

Total

Last Month Last Quarter Last Year
August 2010 August 2009 Increase June 2010 - August 2010 June 2009 - August 2009 Increase September 2009 - August 2010 September 2008 - August 2009 Increase
Lots Offered 452 664 -31.9% 6,832 6,910 -1.1% 30,103 32,054 -6.1%
Lots Sold 264 447 -40.9% 4,411 5,042 -12.5% 21,300 22,897 -7.0%
Percent Sold 58.4% 67.3% -13.2% 64.6% 73% -11.5% 70.8% 71.4% -0.8%
Total Raised £28,491,588 £51,756,625 -45.0% £642,592,920 £797,875,264 -19.5% £3,348,883,811 £3,292,340,024 1.7%

Residential

Last Month Last Quarter Last Year
August 2010 August 2009 Increase June 2010 - August 2010 June 2009 - August 2009 Increase September 2009 - August 2010 September 2008 - August 2009 Increase
Lots Offered 349 604 -42.2% 5,415 5,637 -3.9% 23,888 26,537 -10.0%
Lots Sold 203 408 -50.2% 3,447 4,102 -16.0% 16,751 18,890 -11.3%
Percent Sold 58.2% 67.5% -13.8% 63.7% 72.8% -12.5% 70.1% 71.2% -1.5%
Total Raised £20,768,588 £48,003,375 -56.7% £448,893,301 £523,334,048 -14.2% £2,210,360,267 £2,256,940,444 -2.1%

Commercial

Last Month Last Quarter Last Year
August 2010 August 2009 Increase June 2010 - August 2010 June 2009 - August 2009 Increase September 2009 - August 2010 September 2008 - August 2009 Increase
Lots Offered 98 53 84.9% 1,417 1,273 11.3% 6,212 5,517 12.6%
Lots Sold 58 34 70.6% 964 940 2.6% 4,549 4,007 13.5%
Percent Sold 59.2% 64.2% -7.8% 68% 73.8% -7.9% 73.2% 72.6% 0.8%
Total Raised £7,581,500 £3,453,250 119.5% £193,699,619 £274,541,216 -29.4% £1,138,523,544 £1,035,399,580 10.0%


Regional Auction Analysis

As is usually the case, variations across all the measurable parameters can be seen across the regions.

East Anglia

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 236 231 2.2%
Lots Sold 151 173 -12.7%
Percent Sold 64% 74.9% -14.6%
Total Raised £18,393,377 £33,731,500 -45.5%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 174 190 -8.4%
Lots Sold 108 141 -23.4%
Percent Sold 62.1% 74.2% -16.3%
Total Raised £11,787,877 £20,387,500 -42.2%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 62 41 51.2%
Lots Sold 43 32 34.4%
Percent Sold 69.4% 78% -11.0%
Total Raised £6,605,500 £13,344,000 -50.5%


East Midlands

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 504 495 1.8%
Lots Sold 355 375 -5.3%
Percent Sold 70.4% 75.8% -7.1%
Total Raised £33,870,063 £44,488,176 -23.9%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 390 370 5.4%
Lots Sold 270 280 -3.6%
Percent Sold 69.2% 75.7% -8.6%
Total Raised £22,687,358 £25,681,100 -11.7%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 114 125 -8.8%
Lots Sold 85 95 -10.5%
Percent Sold 74.6% 76% -1.8%
Total Raised £11,182,705 £18,807,076 -40.5%


London

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 684 789 -13.3%
Lots Sold 516 650 -20.6%
Percent Sold 75.4% 82.4% -8.5%
Total Raised £167,741,350 £177,062,700 -5.3%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 570 718 -20.6%
Lots Sold 436 587 -25.7%
Percent Sold 76.5% 81.8% -6.5%
Total Raised £121,653,850 £140,311,200 -13.3%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 114 71 60.6%
Lots Sold 80 63 27.0%
Percent Sold 70.2% 88.7% -20.9%
Total Raised £46,087,500 £36,751,500 25.4%


North-East

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 618 551 12.2%
Lots Sold 272 276 -1.4%
Percent Sold 44% 50.1% -12.2%
Total Raised £21,424,264 £28,207,581 -24.0%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 560 504 11.1%
Lots Sold 246 255 -3.5%
Percent Sold 43.9% 50.6% -13.2%
Total Raised £18,555,564 £22,898,581 -19.0%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 58 47 23.4%
Lots Sold 26 21 23.8%
Percent Sold 44.8% 44.7% 0.2%
Total Raised £2,868,700 £5,309,000 -46.0%


North-West

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 1,121 1,102 1.7%
Lots Sold 692 769 -10.0%
Percent Sold 61.7% 69.8% -11.6%
Total Raised £66,645,252 £74,911,552 -11.0%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 862 894 -3.6%
Lots Sold 522 621 -15.9%
Percent Sold 60.6% 69.5% -12.8%
Total Raised £43,008,902 £45,427,852 -5.3%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 259 208 24.5%
Lots Sold 170 148 14.9%
Percent Sold 65.6% 71.2% -7.9%
Total Raised £23,636,350 £29,483,700 -19.8%


North-West Home Counties

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 316 309 2.3%
Lots Sold 237 243 -2.5%
Percent Sold 75% 78.6% -4.6%
Total Raised £53,604,750 £75,770,250 -29.3%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 249 235 6.0%
Lots Sold 184 182 1.1%
Percent Sold 73.9% 77.4% -4.5%
Total Raised £39,638,500 £34,348,750 15.4%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 67 74 -9.5%
Lots Sold 53 61 -13.1%
Percent Sold 79.1% 82.4% -4.0%
Total Raised £13,966,250 £41,421,500 -66.3%


Scotland

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 174 174 0.0%
Lots Sold 83 107 -22.4%
Percent Sold 47.7% 61.5% -22.4%
Total Raised £14,152,200 £10,091,000 40.2%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 120 112 7.1%
Lots Sold 52 62 -16.1%
Percent Sold 43.3% 55.4% -21.8%
Total Raised £2,829,050 £5,478,100 -48.4%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 54 62 -12.9%
Lots Sold 31 45 -31.1%
Percent Sold 57.4% 72.6% -20.9%
Total Raised £11,323,150 £4,612,900 145.5%


South-East Home Counties

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 894 879 1.7%
Lots Sold 637 715 -10.9%
Percent Sold 71.3% 81.3% -12.3%
Total Raised £107,386,751 £127,494,880 -15.8%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 722 733 -1.5%
Lots Sold 513 603 -14.9%
Percent Sold 71.1% 82.3% -13.6%
Total Raised £77,899,251 £90,690,630 -14.1%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 172 146 17.8%
Lots Sold 124 112 10.7%
Percent Sold 72.1% 76.7% -6.0%
Total Raised £29,487,500 £36,804,250 -19.9%


South-West

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 526 542 -3.0%
Lots Sold 352 414 -15.0%
Percent Sold 66.9% 76.4% -12.4%
Total Raised £54,972,350 £79,622,300 -31.0%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 388 378 2.6%
Lots Sold 245 278 -11.9%
Percent Sold 63.1% 73.5% -14.1%
Total Raised £38,314,600 £41,193,600 -7.0%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 138 164 -15.9%
Lots Sold 107 136 -21.3%
Percent Sold 77.5% 82.9% -6.5%
Total Raised £16,657,750 £38,428,700 -56.7%


Wales

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 453 555 -18.4%
Lots Sold 324 390 -16.9%
Percent Sold 71.5% 70.3% 1.7%
Total Raised £23,953,900 £35,917,580 -33.3%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 354 450 -21.3%
Lots Sold 259 328 -21.0%
Percent Sold 73.2% 72.9% 0.4%
Total Raised £17,849,600 £27,558,890 -35.2%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 99 105 -5.7%
Lots Sold 65 62 4.8%
Percent Sold 65.7% 59% 11.4%
Total Raised £6,104,300 £8,358,690 -27.0%


West Midlands

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 716 682 5.0%
Lots Sold 433 509 -14.9%
Percent Sold 60.5% 74.6% -18.9%
Total Raised £48,506,614 £64,585,045 -24.9%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 561 552 1.6%
Lots Sold 335 418 -19.9%
Percent Sold 59.7% 75.7% -21.1%
Total Raised £32,241,800 £42,150,045 -23.5%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 155 130 19.2%
Lots Sold 98 91 7.7%
Percent Sold 63.2% 70% -9.7%
Total Raised £16,264,814 £22,435,000 -27.5%


Yorkshire and The Humber

Total
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 584 600 -2.7%
Lots Sold 356 420 -15.2%
Percent Sold 61% 70% -12.9%
Total Raised £31,844,049 £45,827,700 -30.5%


Residential
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 459 500 -8.2%
Lots Sold 274 346 -20.8%
Percent Sold 59.7% 69.2% -13.7%
Total Raised £22,328,949 £27,042,800 -17.4%


Commercial
June 2010 - August 2010 June 2009 - August 2009 Increase
Lots Offered 125 100 25.0%
Lots Sold 82 74 10.8%
Percent Sold 65.6% 74% -11.4%
Total Raised £9,515,100 £18,784,900 -49.3%


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