Essential Auction News
|
Welcome to the second newsletter of the year. This edition reports on the auction activity in January 2009, and as with every January there were only a handful of auctions compared with other months.
Again we have seen the overall sale rate hold steady, 67% for January, in keeping with November and December 2008. Lets hope that this level of transactions continues and improves throughout 2009.
Kind regards
David Sandeman
Managing Director
davids@eigroup.co.uk
|
National Auction Analysis
Overall, January saw the number of lots offered and sold increase when compared with January 2008. This was more evident when looking at the residential sector, with 13.6% more lots selling in January 2009 and 16% selling when reviewing the rolling quarter comparison. With no commercial auctions being held in January, one would expect very little activity and no conclusions can be derived from the figures shown.
Total
| |
Last Month |
Last Quarter |
Last Year |
|
January 2009 |
January 2008 |
Increase |
November 2008 - January 2009
|
November 2007 - January 2008
|
Increase |
February 2008 - January 2009 |
February 2007 - January 2008 |
Increase |
| Lots Offered |
805 |
691 |
16.5% |
7,080 |
6,780 |
4.4% |
37,944 |
38,199 |
-0.7% |
| Lots Sold |
546 |
489 |
11.7% |
4,855 |
4,482 |
8.3% |
24,508 |
27,455 |
-10.7% |
| Percent Sold |
68% |
71% |
-4.2% |
69% |
66% |
3.7% |
65% |
72% |
-10.1% |
| Total Raised |
£52,788,550 |
£58,999,849 |
-10.5% |
£583,944,450 |
£887,853,281 |
-34.2% |
£3,825,484,886 |
£6,023,980,621 |
-36.5% |
Residential
| |
Last Month |
Last Quarter |
Last Year |
|
January 2009 |
January 2008 |
Increase |
November 2008 - January 2009
|
November 2007 - January 2008
|
Increase |
February 2008 - January 2009 |
February 2007 - January 2008 |
Increase |
| Lots Offered |
770 |
631 |
22.0% |
6,163 |
5,592 |
10.2% |
31,253 |
30,605 |
2.1% |
| Lots Sold |
526 |
455 |
15.6% |
4,237 |
3,617 |
17.1% |
19,867 |
21,609 |
-8.1% |
| Percent Sold |
68% |
72% |
-5.3% |
69% |
65% |
6.3% |
64% |
71% |
-10.0% |
| Total Raised |
£50,867,050 |
£52,618,849 |
-3.3% |
£470,610,790 |
£556,871,791 |
-15.5% |
£2,637,612,344 |
£3,672,399,904 |
-28.2% |
Commercial
| |
Last Month |
Last Quarter |
Last Year |
|
January 2009 |
January 2008 |
Increase |
November 2008 - January 2009
|
November 2007 - January 2008
|
Increase |
February 2008 - January 2009 |
February 2007 - January 2008 |
Increase |
| Lots Offered |
35 |
59 |
-40.7% |
917 |
1,188 |
-22.8% |
6,691 |
7,552 |
-11.4% |
| Lots Sold |
20 |
34 |
-41.2% |
618 |
865 |
-28.6% |
4,641 |
5,815 |
-20.2% |
| Percent Sold |
57% |
58% |
-0.8% |
67% |
73% |
-7.4% |
69% |
77% |
-9.9% |
| Total Raised |
£1,921,500 |
£6,381,000 |
-69.9% |
£113,333,660 |
£330,981,490 |
-65.8% |
£1,187,872,542 |
£2,316,139,717 |
-48.7% |
Regional Auction Analysis
With only 818 lots being offered throughout the country, the regional spread is very thin, suffice to say the regional results follow trends we have seen over last year.
East Anglia
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
217 |
132 |
64.4% |
| Lots Sold |
140 |
98 |
42.9% |
| Percent Sold |
64.5% |
74.2% |
-13.1% |
| Total Raised |
£15,755,500 |
£22,086,250 |
-28.7% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
182 |
94 |
93.6% |
| Lots Sold |
116 |
64 |
81.3% |
| Percent Sold |
63.7% |
68.1% |
-6.4% |
| Total Raised |
£13,820,500 |
£11,744,250 |
17.7% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
35 |
38 |
-7.9% |
| Lots Sold |
24 |
34 |
-29.4% |
| Percent Sold |
68.6% |
89.5% |
-23.4% |
| Total Raised |
£1,935,000 |
£10,342,000 |
-81.3% |
East Midlands
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
581 |
596 |
-2.5% |
| Lots Sold |
428 |
410 |
4.4% |
| Percent Sold |
73.7% |
68.8% |
7.1% |
| Total Raised |
£42,380,510 |
£63,561,400 |
-33.3% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
515 |
500 |
3.0% |
| Lots Sold |
379 |
339 |
11.8% |
| Percent Sold |
73.6% |
67.8% |
8.5% |
| Total Raised |
£33,776,010 |
£39,643,300 |
-14.8% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
66 |
96 |
-31.3% |
| Lots Sold |
49 |
71 |
-31.0% |
| Percent Sold |
74.2% |
74.0% |
0.4% |
| Total Raised |
£8,604,500 |
£23,918,100 |
-64.0% |
London
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
735 |
662 |
11.0% |
| Lots Sold |
553 |
499 |
10.8% |
| Percent Sold |
75.2% |
75.4% |
-0.2% |
| Total Raised |
£127,134,455 |
£203,583,500 |
-37.6% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
664 |
580 |
14.5% |
| Lots Sold |
503 |
430 |
17.0% |
| Percent Sold |
75.8% |
74.1% |
2.2% |
| Total Raised |
£104,174,205 |
£123,357,500 |
-15.6% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
71 |
82 |
-13.4% |
| Lots Sold |
50 |
69 |
-27.5% |
| Percent Sold |
70.4% |
84.1% |
-16.3% |
| Total Raised |
£22,960,250 |
£80,226,000 |
-71.4% |
North-East
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
579 |
513 |
12.9% |
| Lots Sold |
325 |
276 |
17.8% |
| Percent Sold |
56.1% |
53.8% |
4.3% |
| Total Raised |
£27,262,725 |
£36,412,334 |
-25.1% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
559 |
470 |
18.9% |
| Lots Sold |
319 |
251 |
27.1% |
| Percent Sold |
57.1% |
53.4% |
6.9% |
| Total Raised |
£26,651,225 |
£27,060,344 |
-1.5% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
20 |
43 |
-53.5% |
| Lots Sold |
6 |
25 |
-76.0% |
| Percent Sold |
30.0% |
58.1% |
-48.4% |
| Total Raised |
£611,500 |
£9,351,990 |
-93.5% |
North-West
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
1143 |
1163 |
-1.7% |
| Lots Sold |
768 |
662 |
16.0% |
| Percent Sold |
67.2% |
56.9% |
18.0% |
| Total Raised |
£62,746,900 |
£93,578,000 |
-32.9% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
991 |
965 |
2.7% |
| Lots Sold |
671 |
534 |
25.7% |
| Percent Sold |
67.7% |
55.3% |
22.4% |
| Total Raised |
£51,330,900 |
£59,279,500 |
-13.4% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
152 |
198 |
-23.2% |
| Lots Sold |
97 |
128 |
-24.2% |
| Percent Sold |
63.8% |
64.6% |
-1.3% |
| Total Raised |
£11,416,000 |
£34,298,500 |
-66.7% |
North-West Home Counties
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
319 |
357 |
-10.6% |
| Lots Sold |
232 |
244 |
-4.9% |
| Percent Sold |
72.7% |
68.3% |
6.4% |
| Total Raised |
£40,745,150 |
£66,900,400 |
-39.1% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
278 |
299 |
-7.0% |
| Lots Sold |
203 |
204 |
-0.5% |
| Percent Sold |
73.0% |
68.2% |
7.0% |
| Total Raised |
£31,641,450 |
£44,176,400 |
-28.4% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
41 |
58 |
-29.3% |
| Lots Sold |
29 |
40 |
-27.5% |
| Percent Sold |
70.7% |
69.0% |
2.6% |
| Total Raised |
£9,103,700 |
£22,724,000 |
-59.9% |
Northern Ireland
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
11 |
4 |
175.0% |
| Lots Sold |
7 |
1 |
600.0% |
| Percent Sold |
63.6% |
25.0% |
154.5% |
| Total Raised |
£671,000 |
£85,000 |
689.4% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
11 |
4 |
175.0% |
| Lots Sold |
7 |
1 |
600.0% |
| Percent Sold |
63.6% |
25.0% |
154.5% |
| Total Raised |
£671,000 |
£85,000 |
689.4% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
0 |
0 |
0.0% |
| Lots Sold |
0 |
0 |
0.0% |
| Percent Sold |
0.0% |
0.0% |
0.0% |
| Total Raised |
£0 |
£0 |
0.0% |
Scotland
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
155 |
134 |
15.7% |
| Lots Sold |
111 |
109 |
1.8% |
| Percent Sold |
71.6% |
81.3% |
-12.0% |
| Total Raised |
£7,625,750 |
£17,511,250 |
-56.5% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
110 |
76 |
44.7% |
| Lots Sold |
77 |
59 |
30.5% |
| Percent Sold |
70.0% |
77.6% |
-9.8% |
| Total Raised |
£5,874,350 |
£4,516,500 |
30.1% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
45 |
58 |
-22.4% |
| Lots Sold |
34 |
50 |
-32.0% |
| Percent Sold |
75.6% |
86.2% |
-12.4% |
| Total Raised |
£1,751,400 |
£12,994,750 |
-86.5% |
South-East Home Counties
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
859 |
951 |
-9.7% |
| Lots Sold |
614 |
685 |
-10.4% |
| Percent Sold |
71.5% |
72.0% |
-0.8% |
| Total Raised |
£89,142,560 |
£152,664,250 |
-41.6% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
699 |
764 |
-8.5% |
| Lots Sold |
513 |
544 |
-5.7% |
| Percent Sold |
73.4% |
71.2% |
3.1% |
| Total Raised |
£67,655,950 |
£94,726,750 |
-28.6% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
160 |
187 |
-14.4% |
| Lots Sold |
101 |
141 |
-28.4% |
| Percent Sold |
63.1% |
75.4% |
-16.3% |
| Total Raised |
£21,486,610 |
£57,937,500 |
-62.9% |
South-West
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
610 |
539 |
13.2% |
| Lots Sold |
415 |
381 |
8.9% |
| Percent Sold |
68.0% |
70.7% |
-3.8% |
| Total Raised |
£53,182,100 |
£70,402,200 |
-24.5% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
475 |
392 |
21.2% |
| Lots Sold |
316 |
263 |
20.2% |
| Percent Sold |
66.5% |
67.1% |
-0.8% |
| Total Raised |
£39,978,850 |
£45,070,300 |
-11.3% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
135 |
147 |
-8.2% |
| Lots Sold |
99 |
118 |
-16.1% |
| Percent Sold |
73.3% |
80.3% |
-8.6% |
| Total Raised |
£13,203,250 |
£25,331,900 |
-47.9% |
Wales
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
451 |
444 |
1.6% |
| Lots Sold |
303 |
246 |
23.2% |
| Percent Sold |
67.2% |
55.4% |
21.3% |
| Total Raised |
£25,290,500 |
£30,951,800 |
-18.3% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
396 |
374 |
5.9% |
| Lots Sold |
274 |
205 |
33.7% |
| Percent Sold |
69.2% |
54.8% |
26.2% |
| Total Raised |
£23,822,150 |
£19,519,800 |
22.0% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
55 |
70 |
-21.4% |
| Lots Sold |
29 |
41 |
-29.3% |
| Percent Sold |
52.7% |
58.6% |
-10.0% |
| Total Raised |
£1,468,350 |
£11,432,000 |
-87.2% |
West Midlands
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
671 |
711 |
-5.6% |
| Lots Sold |
447 |
468 |
-4.5% |
| Percent Sold |
66.6% |
65.8% |
1.2% |
| Total Raised |
£44,941,250 |
£78,118,551 |
-42.5% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
594 |
588 |
1.0% |
| Lots Sold |
390 |
379 |
2.9% |
| Percent Sold |
65.7% |
64.5% |
1.9% |
| Total Raised |
£34,911,000 |
£47,980,801 |
-27.2% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
77 |
123 |
-37.4% |
| Lots Sold |
57 |
89 |
-36.0% |
| Percent Sold |
74.0% |
72.4% |
2.3% |
| Total Raised |
£10,030,250 |
£30,137,750 |
-66.7% |
Yorkshire and The Humber
| Total |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
749 |
574 |
30.5% |
| Lots Sold |
512 |
403 |
27.0% |
| Percent Sold |
68.4% |
70.2% |
-2.6% |
| Total Raised |
£47,066,050 |
£51,998,346 |
-9.5% |
| Residential |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
689 |
486 |
41.8% |
| Lots Sold |
469 |
344 |
36.3% |
| Percent Sold |
68.1% |
70.8% |
-3.8% |
| Total Raised |
£36,303,200 |
£39,711,346 |
-8.6% |
| Commercial |
|
November 2008 - January 2009 |
November 2007 - January 2008 |
Increase |
| Lots Offered |
60 |
88 |
-31.8% |
| Lots Sold |
43 |
59 |
-27.1% |
| Percent Sold |
71.7% |
67.0% |
6.9% |
| Total Raised |
£10,762,850 |
£12,287,000 |
-12.4% |
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
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