Essential Auction News
|
Welcome to the final newsletter of the year. In it we look at the Auctions held in November as well as the trends that have been developing over the last 2 years. I have had much positive feed-back for the revised and more detailed layout and propose to keep it going forward.
May I take this opportunity to wish you all festive greetings and a prosperous, happy and healthy 2008.
Kind regards
David Sandeman
Managing Director
davids@eigroup.co.uk
|
National Auction Analysis
Overall 60% of lots offered in November 07 found new owners, (this, as always includes post auction sales), down from October where 63% sold. Whilst the number of lots offered remained fairly static, the amount raised was down 31% when compared with Nov 06.
Year on year the number of lots offered has increased by 11.3% with the amount raised holding steady at £5.9bn.
Total
| |
Last Month |
Last Quarter |
Last Year |
|
November 2007 |
November 2006 |
Increase |
September - November 2007
|
September - November 2006
|
Increase |
December 2006 - November 2007 |
December 2005 - November 2006 |
Increase |
| Lots Offered |
2,552 |
2,656 |
-3.9% |
10,657 |
10,050 |
6.0% |
37,759 |
33,922 |
11.3% |
| Lots Sold |
1,541 |
2,049 |
-24.8% |
6,853 |
7,879 |
-13.0% |
26,920 |
26,472 |
1.7% |
| Percent Sold |
60% |
77% |
-21.7% |
64% |
78% |
-18.0% |
71% |
78% |
-8.6% |
| Total Raised |
£274,478,097 |
£400,626,886 |
-31.5% |
£1,372,210,908 |
£1,754,798,310 |
-21.8% |
£5,903,424,070 |
£5,868,041,659 |
0.6% |
Residential
| |
Last Month |
Last Quarter |
Last Year |
|
November 2007 |
November 2006 |
Increase |
September - November 2007
|
September - November 2006
|
Increase |
December 2006 - November 2007 |
December 2005 - November 2006 |
Increase |
| Lots Offered |
2,125 |
2,166 |
-1.9% |
8,583 |
7,917 |
8.4% |
30,110 |
26,689 |
12.8% |
| Lots Sold |
1,245 |
1,670 |
-25.4% |
5,375 |
6,087 |
-11.7% |
21,091 |
20,527 |
2.7% |
| Percent Sold |
59% |
77% |
-24.0% |
63% |
77% |
-18.5% |
70% |
77% |
-8.9% |
| Total Raised |
£194,448,197 |
£295,393,875 |
-34.2% |
£890,747,608 |
£1,041,538,494 |
-14.5% |
£3,528,434,193 |
£3,186,772,180 |
10.7% |
Commercial
| |
Last Month |
Last Quarter |
Last Year |
|
November 2007 |
November 2006 |
Increase |
September - November 2007
|
September - November 2006
|
Increase |
December 2006 - November 2007 |
December 2005 - November 2006 |
Increase |
| Lots Offered |
427 |
490 |
-12.9% |
2,074 |
2,133 |
-2.8% |
7,649 |
7,233 |
5.8% |
| Lots Sold |
296 |
379 |
-21.9% |
1,478 |
1,792 |
-17.5% |
5,829 |
5,945 |
-2.0% |
| Percent Sold |
69% |
77% |
-10.4% |
71% |
84% |
-15.2% |
76% |
82% |
-7.3% |
| Total Raised |
£80,029,900 |
£105,233,011 |
-23.9% |
£481,463,300 |
£713,259,816 |
-32.5% |
£2,374,989,877 |
£2,681,269,479 |
-11.4% |
Regional Auction Analysis
Wide variations for the rolling quarter figures are seen across the UK. The lowest percentage sold was seen in the North East with only 39% of all lots being sold whereas London saw 75% of all lots selling. Generally the south of the UK is fairing better in terms of percentage sold than the North.
South-West
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
926 |
845 |
9.6% |
| Lots Sold |
644 |
684 |
-5.8% |
| Percent Sold |
69.5% |
80.9% |
-14.1% |
| Total Raised |
£122,353,100 |
£143,381,011 |
-14.7% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
646 |
573 |
12.7% |
| Lots Sold |
418 |
444 |
-5.9% |
| Percent Sold |
64.7% |
77.5% |
-16.5% |
| Total Raised |
£76,219,000 |
£88,072,600 |
-13.5% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
280 |
272 |
2.9% |
| Lots Sold |
226 |
240 |
-5.8% |
| Percent Sold |
80.7% |
88.2% |
-8.5% |
| Total Raised |
£46,134,100 |
£55,308,411 |
-16.6% |
North-East
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
662 |
581 |
13.9% |
| Lots Sold |
256 |
372 |
-31.2% |
| Percent Sold |
38.7% |
64.0% |
-39.6% |
| Total Raised |
£35,125,151 |
£51,964,670 |
-32.4% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
590 |
540 |
9.3% |
| Lots Sold |
222 |
340 |
-34.7% |
| Percent Sold |
37.6% |
63.0% |
-40.2% |
| Total Raised |
£22,147,151 |
£36,960,670 |
-40.1% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
72 |
41 |
75.6% |
| Lots Sold |
34 |
32 |
6.3% |
| Percent Sold |
47.2% |
78.0% |
-39.5% |
| Total Raised |
£12,978,000 |
£15,004,000 |
-13.5% |
East Anglia
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
247 |
245 |
0.8% |
| Lots Sold |
174 |
204 |
-14.7% |
| Percent Sold |
70.4% |
83.3% |
-15.4% |
| Total Raised |
£39,750,300 |
£46,259,500 |
-14.1% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
186 |
179 |
3.9% |
| Lots Sold |
129 |
149 |
-13.4% |
| Percent Sold |
69.4% |
83.2% |
-16.7% |
| Total Raised |
£21,737,300 |
£26,084,750 |
-16.7% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
61 |
66 |
-7.6% |
| Lots Sold |
45 |
55 |
-18.2% |
| Percent Sold |
73.8% |
83.3% |
-11.5% |
| Total Raised |
£18,013,000 |
£20,174,750 |
-10.7% |
North-West Home Counties
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
524 |
509 |
2.9% |
| Lots Sold |
384 |
417 |
-7.9% |
| Percent Sold |
73.3% |
81.9% |
-10.5% |
| Total Raised |
£118,209,550 |
£164,996,000 |
-28.4% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
395 |
346 |
14.2% |
| Lots Sold |
293 |
280 |
4.6% |
| Percent Sold |
74.2% |
80.9% |
-8.3% |
| Total Raised |
£71,237,050 |
£71,114,250 |
0.2% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
129 |
163 |
-20.9% |
| Lots Sold |
91 |
137 |
-33.6% |
| Percent Sold |
70.5% |
84.0% |
-16.1% |
| Total Raised |
£46,972,500 |
£93,881,750 |
-50.0% |
West Midlands
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
1260 |
1177 |
7.1% |
| Lots Sold |
829 |
907 |
-8.6% |
| Percent Sold |
65.8% |
77.1% |
-14.6% |
| Total Raised |
£132,278,645 |
£156,811,705 |
-15.6% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
1021 |
937 |
9.0% |
| Lots Sold |
650 |
716 |
-9.2% |
| Percent Sold |
63.7% |
76.4% |
-16.7% |
| Total Raised |
£83,243,545 |
£100,831,650 |
-17.4% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
239 |
240 |
-0.4% |
| Lots Sold |
179 |
191 |
-6.3% |
| Percent Sold |
74.9% |
79.6% |
-5.9% |
| Total Raised |
£49,035,100 |
£55,980,055 |
-12.4% |
Scotland
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
275 |
232 |
18.5% |
| Lots Sold |
175 |
200 |
-12.5% |
| Percent Sold |
63.6% |
86.2% |
-26.2% |
| Total Raised |
£28,757,650 |
£31,478,178 |
-8.6% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
174 |
138 |
26.1% |
| Lots Sold |
90 |
122 |
-26.2% |
| Percent Sold |
51.7% |
88.4% |
-41.5% |
| Total Raised |
£5,167,550 |
£9,886,578 |
-47.7% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
101 |
94 |
7.4% |
| Lots Sold |
85 |
78 |
9.0% |
| Percent Sold |
84.2% |
83.0% |
1.4% |
| Total Raised |
£23,590,100 |
£21,591,600 |
9.3% |
London
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
1064 |
1156 |
-8.0% |
| Lots Sold |
797 |
1024 |
-22.2% |
| Percent Sold |
74.9% |
88.6% |
-15.4% |
| Total Raised |
£284,563,600 |
£373,228,005 |
-23.8% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
920 |
979 |
-6.0% |
| Lots Sold |
681 |
863 |
-21.1% |
| Percent Sold |
74.0% |
88.2% |
-16.0% |
| Total Raised |
£205,726,000 |
£246,142,005 |
-16.4% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
144 |
177 |
-18.6% |
| Lots Sold |
116 |
161 |
-28.0% |
| Percent Sold |
80.6% |
91.0% |
-11.4% |
| Total Raised |
£78,837,600 |
£127,086,000 |
-38.0% |
Yorkshire and The Humber
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
894 |
848 |
5.4% |
| Lots Sold |
610 |
695 |
-12.2% |
| Percent Sold |
68.2% |
82.0% |
-16.7% |
| Total Raised |
£92,245,811 |
£116,959,685 |
-21.1% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
750 |
664 |
13.0% |
| Lots Sold |
515 |
521 |
-1.2% |
| Percent Sold |
68.7% |
78.5% |
-12.5% |
| Total Raised |
£63,015,311 |
£65,499,935 |
-3.8% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
144 |
184 |
-21.7% |
| Lots Sold |
95 |
174 |
-45.4% |
| Percent Sold |
66.0% |
94.6% |
-30.2% |
| Total Raised |
£29,230,500 |
£51,459,750 |
-43.2% |
South-East Home Counties
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
1403 |
1367 |
2.6% |
| Lots Sold |
996 |
1162 |
-14.3% |
| Percent Sold |
71.0% |
85.0% |
-16.5% |
| Total Raised |
£210,363,751 |
£285,253,439 |
-26.3% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
1135 |
1043 |
8.8% |
| Lots Sold |
808 |
881 |
-8.3% |
| Percent Sold |
71.2% |
84.5% |
-15.7% |
| Total Raised |
£139,221,751 |
£164,255,689 |
-15.2% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
268 |
324 |
-17.3% |
| Lots Sold |
188 |
281 |
-33.1% |
| Percent Sold |
70.1% |
86.7% |
-19.1% |
| Total Raised |
£71,142,000 |
£120,997,750 |
-41.2% |
North-West
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
1780 |
1677 |
6.1% |
| Lots Sold |
1002 |
1188 |
-15.7% |
| Percent Sold |
56.3% |
70.8% |
-20.5% |
| Total Raised |
£152,876,150 |
£177,721,747 |
-14.0% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
1458 |
1373 |
6.2% |
| Lots Sold |
796 |
974 |
-18.3% |
| Percent Sold |
54.6% |
70.9% |
-23.0% |
| Total Raised |
£102,576,050 |
£107,507,247 |
-4.6% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
322 |
304 |
5.9% |
| Lots Sold |
206 |
214 |
-3.7% |
| Percent Sold |
64.0% |
70.4% |
-9.1% |
| Total Raised |
£50,300,100 |
£70,214,500 |
-28.4% |
Wales
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
667 |
594 |
12.3% |
| Lots Sold |
360 |
427 |
-15.7% |
| Percent Sold |
54.0% |
71.9% |
-24.9% |
| Total Raised |
£51,019,400 |
£58,120,375 |
-12.2% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
540 |
489 |
10.4% |
| Lots Sold |
278 |
336 |
-17.3% |
| Percent Sold |
51.5% |
68.7% |
-25.1% |
| Total Raised |
£30,660,850 |
£39,792,525 |
-22.9% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
127 |
105 |
21.0% |
| Lots Sold |
82 |
91 |
-9.9% |
| Percent Sold |
64.6% |
86.7% |
-25.5% |
| Total Raised |
£20,358,550 |
£18,327,850 |
11.1% |
Northern Ireland
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
23 |
36 |
-36.1% |
| Lots Sold |
16 |
25 |
-36.0% |
| Percent Sold |
69.6% |
69.4% |
0.2% |
| Total Raised |
£11,442,500 |
£45,874,500 |
-75.1% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
14 |
15 |
-6.7% |
| Lots Sold |
8 |
11 |
-27.3% |
| Percent Sold |
57.1% |
73.3% |
-22.1% |
| Total Raised |
£5,927,500 |
£21,814,500 |
-72.8% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
9 |
21 |
-57.1% |
| Lots Sold |
8 |
14 |
-42.9% |
| Percent Sold |
88.9% |
66.7% |
33.3% |
| Total Raised |
£5,515,000 |
£24,060,000 |
-77.1% |
East Midlands
| Total |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
932 |
783 |
19.0% |
| Lots Sold |
610 |
574 |
6.3% |
| Percent Sold |
65.5% |
73.3% |
-10.7% |
| Total Raised |
£93,225,300 |
£102,749,495 |
-9.3% |
| Residential |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
754 |
641 |
17.6% |
| Lots Sold |
487 |
450 |
8.2% |
| Percent Sold |
64.6% |
70.2% |
-8.0% |
| Total Raised |
£63,868,550 |
£63,576,095 |
0.5% |
| Commercial |
|
September - November 2007 |
September - November 2006 |
Increase |
| Lots Offered |
178 |
142 |
25.4% |
| Lots Sold |
123 |
124 |
-0.8% |
| Percent Sold |
69.1% |
87.3% |
-20.9% |
| Total Raised |
£29,356,750 |
£39,173,400 |
-25.1% |
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.
