Essential Auction News
|
Welcome to the second newsletter of the year which reports on January 2010 and other related periods. January is always a quiet month. The success rate dipped to 62% but this should not be taken as an indication for the future owing to the small number of auctions held.
I am pleased to announce the launch of our 1982 property comparables database. This is of particular interest to surveyors and valuers looking for comparable evidence for 1982 Capital Gains Tax (CGT) valuations. Hitherto it has been frustratingly difficult to obtain comparables and early reports from users is very favourable. Should you be interested in more information about this service please contact us.
As always do contact me if you have any questions.
Kind regards
David Sandeman
Managing Director
davids@eigroup.co.uk
|
National Auction Analysis
January saw a significant decrease in the number of lots offered, sold and amount raised when compared with January 2009. This was primarily due to two less major London sales in January 2010. Looking at the rolling year comparisons, whilst the lots sold and amount raised were both down 11% the overall sale rate has increased by 15% from 65% to 75%. Early indications from February sales are that this sales rate trend will continue.
Total
| |
Last Month |
Last Quarter |
Last Year |
|
January 2010 |
January 2009 |
Increase |
November 2009 - January 2010 |
November 2008 - January 2009 |
Increase |
February 2009 - January 2010 |
February 2008 -January 2009 |
Increase |
| Lots Offered |
324 |
808 |
-59.9% |
5,627 |
7,079 |
-20.5% |
29,235 |
37,946 |
-23.0% |
| Lots Sold |
201 |
641 |
-68.6% |
3,828 |
5,034 |
-24.0% |
21,973 |
24,744 |
-11.2% |
| Percent Sold |
62% |
79% |
-21.8% |
68% |
71% |
-4.3% |
75% |
65% |
15.3% |
| Total Raised |
£22,367,050 |
£63,306,550 |
-64.7% |
£608,742,634 |
£619,308,330 |
-1.7% |
£3,438,804,896 |
£3,885,477,766 |
-11.5% |
Residential
| |
Last Month |
Last Quarter |
Last Year |
|
January 2010 |
January 2009 |
Increase |
November 2009 - January 2010 |
November 2008 - January 2009 |
Increase |
February 2009 - January 2010 |
February 2008 -January 2009 |
Increase |
| Lots Offered |
303 |
773 |
-60.8% |
4,476 |
6,162 |
-27.4% |
23,554 |
31,252 |
-24.6% |
| Lots Sold |
187 |
619 |
-69.8% |
3,019 |
4,395 |
-31.3% |
17,619 |
20,059 |
-12.2% |
| Percent Sold |
62% |
80% |
-22.9% |
67% |
71% |
-5.4% |
75% |
64% |
16.5% |
| Total Raised |
£20,472,800 |
£60,640,050 |
-66.2% |
£384,738,534 |
£489,186,245 |
-21.4% |
£2,228,464,044 |
£2,660,885,299 |
-16.3% |
Commercial
| |
Last Month |
Last Quarter |
Last Year |
|
January 2010 |
January 2009 |
Increase |
November 2009 - January 2010 |
November 2008 - January 2009 |
Increase |
February 2009 - January 2010 |
February 2008 -January 2009 |
Increase |
| Lots Offered |
21 |
29 |
-27.6% |
1,151 |
917 |
25.5% |
5,681 |
6,694 |
-15.1% |
| Lots Sold |
14 |
18 |
-22.2% |
809 |
639 |
26.6% |
4,354 |
4,685 |
-7.1% |
| Percent Sold |
67% |
62% |
7.4% |
70% |
70% |
0.9% |
77% |
70% |
9.5% |
| Total Raised |
£1,894,250 |
£2,445,500 |
-22.5% |
£224,004,100 |
£130,122,085 |
72.1% |
£1,210,340,852 |
£1,224,592,467 |
-1.2% |
Regional Auction Analysis
As is usually the case, variations across all the measurable parameters can be seen across the regions.
East Anglia
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
184 |
217 |
-15.2% |
| Lots Sold |
144 |
148 |
-2.7% |
| Percent Sold |
78.3% |
68.2% |
14.7% |
| Total Raised |
£23,741,350 |
£16,408,500 |
44.7% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
131 |
182 |
-28.0% |
| Lots Sold |
100 |
124 |
-19.4% |
| Percent Sold |
76.3% |
68.1% |
12.0% |
| Total Raised |
£10,225,850 |
£14,473,500 |
-29.3% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
53 |
35 |
51.4% |
| Lots Sold |
44 |
24 |
83.3% |
| Percent Sold |
83.0% |
68.6% |
21.1% |
| Total Raised |
£13,515,500 |
£1,935,000 |
598.5% |
East Midlands
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
429 |
581 |
-26.2% |
| Lots Sold |
297 |
447 |
-33.6% |
| Percent Sold |
69.2% |
76.9% |
-10.0% |
| Total Raised |
£33,239,700 |
£45,589,010 |
-27.1% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
326 |
515 |
-36.7% |
| Lots Sold |
234 |
398 |
-41.2% |
| Percent Sold |
71.8% |
77.3% |
-7.1% |
| Total Raised |
£20,823,200 |
£35,609,510 |
-41.5% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
103 |
66 |
56.1% |
| Lots Sold |
63 |
49 |
28.6% |
| Percent Sold |
61.2% |
74.2% |
-17.6% |
| Total Raised |
£12,416,500 |
£9,979,500 |
24.4% |
London
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
672 |
735 |
-8.6% |
| Lots Sold |
538 |
561 |
-4.1% |
| Percent Sold |
80.1% |
76.3% |
4.9% |
| Total Raised |
£169,272,700 |
£131,214,455 |
29.0% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
567 |
664 |
-14.6% |
| Lots Sold |
453 |
509 |
-11.0% |
| Percent Sold |
79.9% |
76.7% |
4.2% |
| Total Raised |
£108,683,700 |
£105,444,205 |
3.1% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
105 |
71 |
47.9% |
| Lots Sold |
85 |
52 |
63.5% |
| Percent Sold |
81.0% |
73.2% |
10.5% |
| Total Raised |
£60,589,000 |
£25,770,250 |
135.1% |
North-East
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
437 |
579 |
-24.5% |
| Lots Sold |
195 |
410 |
-52.4% |
| Percent Sold |
44.6% |
70.8% |
-37.0% |
| Total Raised |
£20,576,102 |
£38,628,675 |
-46.7% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
413 |
559 |
-26.1% |
| Lots Sold |
185 |
400 |
-53.8% |
| Percent Sold |
44.8% |
71.6% |
-37.4% |
| Total Raised |
£13,956,602 |
£37,437,175 |
-62.7% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
24 |
20 |
20.0% |
| Lots Sold |
10 |
10 |
0.0% |
| Percent Sold |
41.7% |
50.0% |
-16.7% |
| Total Raised |
£6,619,500 |
£1,191,500 |
455.6% |
North-West
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
846 |
1143 |
-26.0% |
| Lots Sold |
552 |
775 |
-28.8% |
| Percent Sold |
65.2% |
67.8% |
-3.8% |
| Total Raised |
£45,086,401 |
£65,711,900 |
-31.4% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
706 |
991 |
-28.8% |
| Lots Sold |
461 |
677 |
-31.9% |
| Percent Sold |
65.3% |
68.3% |
-4.4% |
| Total Raised |
£31,277,701 |
£51,815,900 |
-39.6% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
140 |
152 |
-7.9% |
| Lots Sold |
91 |
98 |
-7.1% |
| Percent Sold |
65.0% |
64.5% |
0.8% |
| Total Raised |
£13,808,700 |
£13,896,000 |
-0.6% |
North-West Home Counties
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
273 |
319 |
-14.4% |
| Lots Sold |
181 |
236 |
-23.3% |
| Percent Sold |
66.3% |
74.0% |
-10.4% |
| Total Raised |
£47,039,900 |
£42,103,150 |
11.7% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
172 |
278 |
-38.1% |
| Lots Sold |
120 |
206 |
-41.7% |
| Percent Sold |
69.8% |
74.1% |
-5.8% |
| Total Raised |
£25,905,000 |
£31,999,450 |
-19.0% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
101 |
41 |
146.3% |
| Lots Sold |
61 |
30 |
103.3% |
| Percent Sold |
60.4% |
73.2% |
-17.5% |
| Total Raised |
£21,134,900 |
£10,103,700 |
109.2% |
Scotland
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
245 |
155 |
58.1% |
| Lots Sold |
120 |
111 |
8.1% |
| Percent Sold |
49.0% |
71.6% |
-31.6% |
| Total Raised |
£12,649,045 |
£7,625,750 |
65.9% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
199 |
110 |
80.9% |
| Lots Sold |
86 |
77 |
11.7% |
| Percent Sold |
43.2% |
70.0% |
-38.3% |
| Total Raised |
£5,362,645 |
£5,874,350 |
-8.7% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
46 |
45 |
2.2% |
| Lots Sold |
34 |
34 |
0.0% |
| Percent Sold |
73.9% |
75.6% |
-2.2% |
| Total Raised |
£7,286,400 |
£1,751,400 |
316.0% |
South-East Home Counties
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
761 |
860 |
-11.5% |
| Lots Sold |
560 |
631 |
-11.3% |
| Percent Sold |
73.6% |
73.4% |
0.3% |
| Total Raised |
£102,286,956 |
£94,892,485 |
7.8% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
574 |
700 |
-18.0% |
| Lots Sold |
426 |
522 |
-18.4% |
| Percent Sold |
74.2% |
74.6% |
-0.5% |
| Total Raised |
£71,026,256 |
£69,342,450 |
2.4% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
187 |
160 |
16.9% |
| Lots Sold |
134 |
109 |
22.9% |
| Percent Sold |
71.7% |
68.1% |
5.2% |
| Total Raised |
£31,260,700 |
£25,550,035 |
22.4% |
South-West
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
465 |
608 |
-23.5% |
| Lots Sold |
345 |
419 |
-17.7% |
| Percent Sold |
74.2% |
68.9% |
7.7% |
| Total Raised |
£55,628,100 |
£54,216,100 |
2.6% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
333 |
473 |
-29.6% |
| Lots Sold |
240 |
319 |
-24.8% |
| Percent Sold |
72.1% |
67.4% |
6.9% |
| Total Raised |
£33,872,600 |
£40,147,850 |
-15.6% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
132 |
135 |
-2.2% |
| Lots Sold |
105 |
100 |
5.0% |
| Percent Sold |
79.5% |
74.1% |
7.4% |
| Total Raised |
£21,755,500 |
£14,068,250 |
54.6% |
Wales
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
331 |
451 |
-26.6% |
| Lots Sold |
219 |
311 |
-29.6% |
| Percent Sold |
66.2% |
69.0% |
-4.1% |
| Total Raised |
£22,575,800 |
£27,280,500 |
-17.2% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
280 |
396 |
-29.3% |
| Lots Sold |
181 |
281 |
-35.6% |
| Percent Sold |
64.6% |
71.0% |
-8.9% |
| Total Raised |
£14,170,200 |
£24,132,150 |
-41.3% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
51 |
55 |
-7.3% |
| Lots Sold |
38 |
30 |
26.7% |
| Percent Sold |
74.5% |
54.5% |
36.6% |
| Total Raised |
£8,405,600 |
£3,148,350 |
167.0% |
West Midlands
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
493 |
671 |
-26.5% |
| Lots Sold |
337 |
455 |
-25.9% |
| Percent Sold |
68.4% |
67.8% |
0.8% |
| Total Raised |
£40,937,580 |
£45,930,755 |
-10.9% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
387 |
594 |
-34.8% |
| Lots Sold |
268 |
397 |
-32.5% |
| Percent Sold |
69.3% |
66.8% |
3.6% |
| Total Raised |
£26,030,330 |
£35,335,505 |
-26.3% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
106 |
77 |
37.7% |
| Lots Sold |
69 |
58 |
19.0% |
| Percent Sold |
65.1% |
75.3% |
-13.6% |
| Total Raised |
£14,907,250 |
£10,595,250 |
40.7% |
Yorkshire and The Humber
| Total |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
476 |
749 |
-36.4% |
| Lots Sold |
332 |
523 |
-36.5% |
| Percent Sold |
69.7% |
69.8% |
-0.1% |
| Total Raised |
£35,270,500 |
£49,036,050 |
-28.1% |
| Residential |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
373 |
689 |
-45.9% |
| Lots Sold |
257 |
478 |
-46.2% |
| Percent Sold |
68.9% |
69.4% |
-0.7% |
| Total Raised |
£22,965,950 |
£36,903,200 |
-37.8% |
| Commercial |
|
November 2009 - January 2010 |
November 2008 -January 2009 |
Increase |
| Lots Offered |
103 |
60 |
71.7% |
| Lots Sold |
75 |
45 |
66.7% |
| Percent Sold |
72.8% |
75.0% |
-2.9% |
| Total Raised |
£12,304,550 |
£12,132,850 |
1.4% |
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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