Essential Auction News
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Welcome to the September newsletter that looks back at property auction activity in August and preceding periods. Figures show a slight dip in the monthly activity when compared with August 2013, with lots offered and lots sold both down 5% and 11% respectively whilst total raised fell by over 14% to £56M. However, being a relatively quiet month in the auction calendar one should probably look to the rolling quarterly and yearly figures for a more accurate account of the market's strength, and these both remain largely positive.
As ever I would welcome any comments or feedback you may have regarding the newsletter or indeed the wider market in general. Kind regards David Sandeman Managing Director davids@eigroup.co.uk 01737 232 289 |
National Auction Analysis
Both residential and commercial markets suffered a dip in August, with falls in lots offered (5% residential, 7% commercial) and in lots sold (11% residential, 20% commercial).
The rolling quarterly figures show that the residential sector grew by 4% in terms of lots offered and 3% in lots sold, with a 9% gain in amounts raised. Conversely, commercial sector figures show a 1% fall in lots offered and a 4% fall in lots sold over the same period, however the amount raised continues to swell as figures show a 32% gain in this regard. |
Total
Last Month | Last Quarter | Last Year | |||||||
---|---|---|---|---|---|---|---|---|---|
August 2014 | August 2013 | Increase | June 2014 - August 2014 | June 2013 - August 2013 | Increase | September 2013 - August 2014 | September 2012 - August 2013 | Increase | |
Lots Offered | 907 | 956 | -5.1% | 8,083 | 7,832 | 3.2% | 35,053 | 34,211 | 2.5% |
Lots Sold | 615 | 694 | -11.4% | 5,927 | 5,820 | 1.8% | 27,102 | 26,121 | 3.8% |
Percent Sold | 67.8% | 72.6% | -6.6% | 73.3% | 74.3% | -1.3% | 77.3% | 76.4% | 1.2% |
Total Raised | £56,081,350 | £65,705,234 | -14.6% | £898,440,223 | £783,443,333 | 14.7% | £4,182,781,204 | £3,643,239,031 | 14.8% |
Residential
Last Month | Last Quarter | Last Year | |||||||
---|---|---|---|---|---|---|---|---|---|
August 2014 | August 2013 | Increase | June 2014 - August 2014 | June 2013 - August 2013 | Increase | September 2013 - August 2014 | September 2012 - August 2013 | Increase | |
Lots Offered | 831 | 874 | -4.9% | 6,680 | 6,412 | 4.2% | 28,335 | 27,796 | 1.9% |
Lots Sold | 566 | 633 | -10.6% | 4,927 | 4,777 | 3.1% | 21,920 | 21,290 | 3.0% |
Percent Sold | 68.1% | 72.4% | -5.9% | 73.8% | 74.5% | -0.9% | 77.4% | 76.6% | 1.0% |
Total Raised | £49,187,350 | £59,264,634 | -17.0% | £647,420,333 | £593,701,639 | 9.0% | £2,907,948,434 | £2,592,526,606 | 12.2% |
Commercial
Last Month | Last Quarter | Last Year | |||||||
---|---|---|---|---|---|---|---|---|---|
August 2014 | August 2013 | Increase | June 2014 - August 2014 | June 2013 - August 2013 | Increase | September 2013 - August 2014 | September 2012 - August 2013 | Increase | |
Lots Offered | 76 | 82 | -7.3% | 1,403 | 1,420 | -1.2% | 6,718 | 6,415 | 4.7% |
Lots Sold | 49 | 61 | -19.7% | 1,000 | 1,043 | -4.1% | 5,182 | 4,831 | 7.3% |
Percent Sold | 64.5% | 74.4% | -13.3% | 71.3% | 73.5% | -3.0% | 77.1% | 75.3% | 2.4% |
Total Raised | £6,894,000 | £6,440,600 | 7.0% | £251,019,890 | £189,741,694 | 32.3% | £1,274,832,770 | £1,050,712,425 | 21.3% |
Regional Auction Analysis
As is usually the case, variations across all the measurable parameters can be seen across the regions. |
East Anglia
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 286 | 229 | 24.9% |
Lots Sold | 234 | 176 | 33.0% |
Percent Sold | 81.8% | 76.9% | 6.4% |
Total Raised | £28,928,200 | £24,971,550 | 15.8% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 233 | 173 | 34.7% |
Lots Sold | 195 | 135 | 44.4% |
Percent Sold | 83.7% | 78% | 7.3% |
Total Raised | £20,454,200 | £15,737,550 | 30.0% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 53 | 56 | -5.4% |
Lots Sold | 39 | 41 | -4.9% |
Percent Sold | 73.6% | 73.2% | 0.5% |
Total Raised | £8,474,000 | £9,234,000 | -8.2% |
East Midlands
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 597 | 638 | -6.4% |
Lots Sold | 435 | 484 | -10.1% |
Percent Sold | 72.9% | 75.9% | -4.0% |
Total Raised | £53,231,350 | £52,191,400 | 2.0% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 500 | 531 | -5.8% |
Lots Sold | 369 | 407 | -9.3% |
Percent Sold | 73.8% | 76.6% | -3.7% |
Total Raised | £42,856,600 | £39,139,400 | 9.5% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 97 | 107 | -9.3% |
Lots Sold | 66 | 77 | -14.3% |
Percent Sold | 68% | 72% | -5.6% |
Total Raised | £10,374,750 | £13,052,000 | -20.5% |
London
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 704 | 587 | 19.9% |
Lots Sold | 539 | 496 | 8.7% |
Percent Sold | 76.6% | 84.5% | -9.3% |
Total Raised | £221,591,550 | £177,845,375 | 24.6% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 625 | 527 | 18.6% |
Lots Sold | 470 | 446 | 5.4% |
Percent Sold | 75.2% | 84.6% | -11.1% |
Total Raised | £166,974,450 | £152,795,125 | 9.3% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 79 | 60 | 31.7% |
Lots Sold | 69 | 50 | 38.0% |
Percent Sold | 87.3% | 83.3% | 4.8% |
Total Raised | £54,617,100 | £25,050,250 | 118.0% |
North-East
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 799 | 776 | 3.0% |
Lots Sold | 561 | 559 | 0.4% |
Percent Sold | 70.2% | 72% | -2.5% |
Total Raised | £43,559,150 | £46,180,169 | -5.7% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 752 | 718 | 4.7% |
Lots Sold | 532 | 518 | 2.7% |
Percent Sold | 70.7% | 72.1% | -1.9% |
Total Raised | £38,823,150 | £40,998,420 | -5.3% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 47 | 58 | -19.0% |
Lots Sold | 29 | 41 | -29.3% |
Percent Sold | 61.7% | 70.7% | -12.7% |
Total Raised | £4,736,000 | £5,181,749 | -8.6% |
North-West
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 1,175 | 1,491 | -21.2% |
Lots Sold | 843 | 1,142 | -26.2% |
Percent Sold | 71.7% | 76.6% | -6.4% |
Total Raised | £86,681,398 | £97,303,790 | -10.9% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 894 | 1,185 | -24.6% |
Lots Sold | 650 | 917 | -29.1% |
Percent Sold | 72.7% | 77.4% | -6.1% |
Total Raised | £51,364,168 | £70,608,305 | -27.3% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 281 | 306 | -8.2% |
Lots Sold | 193 | 225 | -14.2% |
Percent Sold | 68.7% | 73.5% | -6.5% |
Total Raised | £35,317,230 | £26,695,485 | 32.3% |
North-West Home Counties
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 265 | 262 | 1.1% |
Lots Sold | 213 | 203 | 4.9% |
Percent Sold | 80.4% | 77.5% | 3.7% |
Total Raised | £67,790,000 | £47,333,400 | 43.2% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 197 | 207 | -4.8% |
Lots Sold | 156 | 158 | -1.3% |
Percent Sold | 79.2% | 76.3% | 3.8% |
Total Raised | £40,340,350 | £32,015,350 | 26.0% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 68 | 55 | 23.6% |
Lots Sold | 57 | 45 | 26.7% |
Percent Sold | 83.8% | 81.8% | 2.4% |
Total Raised | £27,449,650 | £15,318,050 | 79.2% |
Northern Ireland
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 391 | 249 | 57.0% |
Lots Sold | 285 | 164 | 73.8% |
Percent Sold | 72.9% | 65.9% | 10.6% |
Total Raised | £19,166,200 | £9,160,400 | 109.2% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 345 | 229 | 50.7% |
Lots Sold | 252 | 149 | 69.1% |
Percent Sold | 73% | 65.1% | 12.1% |
Total Raised | £16,248,700 | £7,795,400 | 108.4% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 46 | 20 | 130.0% |
Lots Sold | 33 | 15 | 120.0% |
Percent Sold | 71.7% | 75% | -4.4% |
Total Raised | £2,917,500 | £1,365,000 | 113.7% |
Scotland
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 294 | 269 | 9.3% |
Lots Sold | 137 | 127 | 7.9% |
Percent Sold | 46.6% | 47.2% | -1.3% |
Total Raised | £7,790,350 | £8,239,820 | -5.5% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 231 | 215 | 7.4% |
Lots Sold | 106 | 95 | 11.6% |
Percent Sold | 45.9% | 44.2% | 3.8% |
Total Raised | £4,706,350 | £4,302,820 | 9.4% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 63 | 54 | 16.7% |
Lots Sold | 31 | 32 | -3.1% |
Percent Sold | 49.2% | 59.3% | -17.0% |
Total Raised | £3,084,000 | £3,937,000 | -21.7% |
South-East Home Counties
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 791 | 698 | 13.3% |
Lots Sold | 630 | 546 | 15.4% |
Percent Sold | 79.6% | 78.2% | 1.8% |
Total Raised | £124,930,921 | £101,130,100 | 23.5% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 666 | 536 | 24.3% |
Lots Sold | 528 | 421 | 25.4% |
Percent Sold | 79.3% | 78.5% | 1.0% |
Total Raised | £91,212,721 | £72,485,650 | 25.8% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 125 | 162 | -22.8% |
Lots Sold | 102 | 125 | -18.4% |
Percent Sold | 81.6% | 77.2% | 5.7% |
Total Raised | £33,718,200 | £28,644,450 | 17.7% |
South-West
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 598 | 547 | 9.3% |
Lots Sold | 441 | 411 | 7.3% |
Percent Sold | 73.7% | 75.1% | -1.9% |
Total Raised | £86,910,510 | £67,435,450 | 28.9% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 445 | 413 | 7.7% |
Lots Sold | 320 | 306 | 4.6% |
Percent Sold | 71.9% | 74.1% | -3.0% |
Total Raised | £58,545,350 | £48,052,950 | 21.8% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 153 | 134 | 14.2% |
Lots Sold | 121 | 105 | 15.2% |
Percent Sold | 79.1% | 78.4% | 0.9% |
Total Raised | £28,365,160 | £19,382,500 | 46.3% |
Wales
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 550 | 514 | 7.0% |
Lots Sold | 385 | 389 | -1.0% |
Percent Sold | 70% | 75.7% | -7.5% |
Total Raised | £31,761,694 | £32,388,710 | -1.9% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 424 | 392 | 8.2% |
Lots Sold | 301 | 308 | -2.3% |
Percent Sold | 71% | 78.6% | -9.7% |
Total Raised | £23,188,194 | £24,794,100 | -6.5% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 126 | 122 | 3.3% |
Lots Sold | 84 | 81 | 3.7% |
Percent Sold | 66.7% | 66.4% | 0.5% |
Total Raised | £8,573,500 | £7,594,610 | 12.9% |
West Midlands
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 875 | 705 | 24.1% |
Lots Sold | 672 | 523 | 28.5% |
Percent Sold | 76.8% | 74.2% | 3.5% |
Total Raised | £73,441,000 | £61,409,600 | 19.6% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 731 | 559 | 30.8% |
Lots Sold | 578 | 420 | 37.6% |
Percent Sold | 79.1% | 75.1% | 5.3% |
Total Raised | £54,547,750 | £44,771,000 | 21.8% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 144 | 146 | -1.4% |
Lots Sold | 94 | 103 | -8.7% |
Percent Sold | 65.3% | 70.5% | -7.4% |
Total Raised | £18,893,250 | £16,638,600 | 13.6% |
Yorkshire and The Humber
Total | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 758 | 867 | -12.6% |
Lots Sold | 552 | 600 | -8.0% |
Percent Sold | 72.8% | 69.2% | 5.2% |
Total Raised | £52,657,900 | £57,853,569 | -9.0% |
Residential | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 637 | 727 | -12.4% |
Lots Sold | 470 | 497 | -5.4% |
Percent Sold | 73.8% | 68.4% | 7.9% |
Total Raised | £38,158,350 | £40,205,569 | -5.1% |
Commercial | |||
---|---|---|---|
June 2014 - August 2014 | June 2013 - August 2013 | Increase | |
Lots Offered | 121 | 140 | -13.6% |
Lots Sold | 82 | 103 | -20.4% |
Percent Sold | 67.8% | 73.6% | -7.9% |
Total Raised | £14,499,550 | £17,648,000 | -17.8% |
Your Comments
If you would like to comment on anything in this email, or have any suggestions for future newsletters, we would like to hear from you. So please email us anytime. |