Essential Auction News
|
Welcome to the July newsletter which reports on auction activity in June 2010 and other related periods.
The overall sales rate has fallen slightly to 61%, which continues the trend of sale rates fluctuating between the low and high 60's during the first half of 2010. I am pleased to inform users of our website that you can now perform a postcode radius search. This feature is accessible via the detailed search section of the property search page. We hope to bring many more useful features to the site in the upcoming months. If you have any suggestions then please reply to this email. Kind regards David Sandeman Managing Director davids@eigroup.co.uk |
National Auction Analysis
| Overall volumes of lots offered and lots sold in June was down when compared to June 2009. However, the quarterly figures show signs of improvement, whilst the year-on-year comparisons reveal an increase in the sale rate and the total raised from auctions.
Despite seeing reductions in the volume of residential lots being offered and sold, the quarterly and yearly comparisons show only very slight falls in amounts raised indicating that average lot values have increased. Figures for the commercial market continue to improve, with lots offered increasing by over 8% when compared to June 2009 and total receipts last month totalling more than £30 million, a 23% rise. A strengthening commercial market is further apparent when analysing the yearly figures, with total receipts up 25% in the last 12 months when compared to the previous year. |
Total
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| June 2010 | June 2009 | Increase | April 2010 - June 2010 | April 2009 - June 2009 | Increase | July 2009 - June 2010 | July 2008 - June 2009 | Increase | |
| Lots Offered | 2,458 | 2,687 | -8.5% | 7,433 | 7,321 | 1.5% | 29,973 | 33,537 | -10.6% |
| Lots Sold | 1,509 | 1,908 | -20.9% | 4,840 | 5,267 | -8.1% | 21,491 | 23,093 | -6.9% |
| Percent Sold | 61.4% | 71% | -13.5% | 65.1% | 71.9% | -9.5% | 71.7% | 68.9% | 4.1% |
| Total Raised | £194,739,406 | £232,350,933 | -16.2% | £725,234,956 | £751,615,495 | -3.5% | £3,461,000,811 | £3,265,432,048 | 6.0% |
Residential
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| June 2010 | June 2009 | Increase | April 2010 - June 2010 | April 2009 - June 2009 | Increase | July 2009 - June 2010 | July 2008 - June 2009 | Increase | |
| Lots Offered | 2,039 | 2,301 | -11.4% | 5,985 | 5,964 | 0.4% | 23,882 | 27,909 | -14.4% |
| Lots Sold | 1,226 | 1,637 | -25.1% | 3,843 | 4,270 | -10.0% | 16,975 | 19,110 | -11.2% |
| Percent Sold | 60.1% | 71.1% | -15.5% | 64.2% | 71.6% | -10.3% | 71.1% | 68.5% | 3.8% |
| Total Raised | £164,363,551 | £207,731,457 | -20.9% | £520,157,051 | £524,814,084 | -0.9% | £2,244,954,791 | £2,293,735,134 | -2.1% |
Commercial
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| June 2010 | June 2009 | Increase | April 2010 - June 2010 | April 2009 - June 2009 | Increase | July 2009 - June 2010 | July 2008 - June 2009 | Increase | |
| Lots Offered | 419 | 386 | 8.5% | 1,448 | 1,357 | 6.7% | 6,088 | 5,628 | 8.2% |
| Lots Sold | 283 | 271 | 4.4% | 997 | 997 | 0.0% | 4,516 | 3,983 | 13.4% |
| Percent Sold | 67.5% | 70.2% | -3.8% | 68.9% | 73.5% | -6.3% | 74.2% | 70.8% | 4.8% |
| Total Raised | £30,375,855 | £24,619,476 | 23.4% | £205,077,905 | £226,801,411 | -9.6% | £1,216,046,020 | £971,696,914 | 25.1% |
Regional Auction Analysis
| As is usually the case, variations across all the measurable parameters can be seen across the regions. |
East Anglia
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 241 | 249 | -3.2% |
| Lots Sold | 171 | 181 | -5.5% |
| Percent Sold | 71% | 72.7% | -2.3% |
| Total Raised | £30,958,827 | £21,941,500 | 41.1% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 200 | 208 | -3.8% |
| Lots Sold | 140 | 153 | -8.5% |
| Percent Sold | 70% | 73.6% | -4.9% |
| Total Raised | £24,051,827 | £14,073,000 | 70.9% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 41 | 41 | 0.0% |
| Lots Sold | 31 | 28 | 10.7% |
| Percent Sold | 75.6% | 68.3% | 10.7% |
| Total Raised | £6,907,000 | £7,868,500 | -12.2% |
East Midlands
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 528 | 526 | 0.4% |
| Lots Sold | 351 | 401 | -12.5% |
| Percent Sold | 66.5% | 76.2% | -12.7% |
| Total Raised | £41,207,405 | £39,582,426 | 4.1% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 430 | 421 | 2.1% |
| Lots Sold | 282 | 323 | -12.7% |
| Percent Sold | 65.6% | 76.7% | -14.5% |
| Total Raised | £30,822,200 | £30,901,900 | -0.3% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 98 | 105 | -6.7% |
| Lots Sold | 69 | 78 | -11.5% |
| Percent Sold | 70.4% | 74.3% | -5.2% |
| Total Raised | £10,385,205 | £8,680,526 | 19.6% |
London
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 644 | 733 | -12.1% |
| Lots Sold | 491 | 551 | -10.9% |
| Percent Sold | 76.2% | 75.2% | 1.3% |
| Total Raised | £165,767,560 | £170,272,150 | -2.6% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 563 | 662 | -15.0% |
| Lots Sold | 433 | 501 | -13.6% |
| Percent Sold | 76.9% | 75.7% | 1.6% |
| Total Raised | £124,555,560 | £138,303,150 | -9.9% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 81 | 71 | 14.1% |
| Lots Sold | 58 | 50 | 16.0% |
| Percent Sold | 71.6% | 70.4% | 1.7% |
| Total Raised | £41,212,000 | £31,969,000 | 28.9% |
North-East
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 664 | 574 | 15.7% |
| Lots Sold | 232 | 301 | -22.9% |
| Percent Sold | 34.9% | 52.4% | -33.4% |
| Total Raised | £18,012,435 | £29,698,880 | -39.3% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 612 | 506 | 20.9% |
| Lots Sold | 210 | 266 | -21.1% |
| Percent Sold | 34.3% | 52.6% | -34.8% |
| Total Raised | £15,217,235 | £23,994,630 | -36.6% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 52 | 68 | -23.5% |
| Lots Sold | 22 | 35 | -37.1% |
| Percent Sold | 42.3% | 51.5% | -17.9% |
| Total Raised | £2,795,200 | £5,704,250 | -51.0% |
North-West
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 1,244 | 1,266 | -1.7% |
| Lots Sold | 795 | 881 | -9.8% |
| Percent Sold | 63.9% | 69.6% | -8.2% |
| Total Raised | £80,792,050 | £81,947,357 | -1.4% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 964 | 1,028 | -6.2% |
| Lots Sold | 612 | 708 | -13.6% |
| Percent Sold | 63.5% | 68.9% | -7.8% |
| Total Raised | £50,507,950 | £54,441,807 | -7.2% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 280 | 238 | 17.6% |
| Lots Sold | 183 | 173 | 5.8% |
| Percent Sold | 65.4% | 71.7% | -8.8% |
| Total Raised | £30,284,100 | £27,505,550 | 10.1% |
North-West Home Counties
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 371 | 278 | 33.5% |
| Lots Sold | 261 | 209 | 24.9% |
| Percent Sold | 70.4% | 75.2% | -6.4% |
| Total Raised | £56,631,549 | £52,527,350 | 7.8% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 271 | 229 | 18.3% |
| Lots Sold | 191 | 176 | 8.5% |
| Percent Sold | 70.5% | 76.9% | -8.3% |
| Total Raised | £38,560,049 | £32,979,850 | 16.9% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 100 | 49 | 104.1% |
| Lots Sold | 70 | 33 | 112.1% |
| Percent Sold | 70% | 67.3% | 4.0% |
| Total Raised | £18,071,500 | £19,547,500 | -7.6% |
Scotland
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 209 | 205 | 2.0% |
| Lots Sold | 120 | 122 | -1.6% |
| Percent Sold | 57.4% | 59.5% | -3.5% |
| Total Raised | £11,459,381 | £14,949,400 | -23.3% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 153 | 106 | 44.3% |
| Lots Sold | 84 | 63 | 33.3% |
| Percent Sold | 54.9% | 59.4% | -7.6% |
| Total Raised | £5,882,181 | £4,816,600 | 22.1% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 56 | 99 | -43.4% |
| Lots Sold | 36 | 59 | -39.0% |
| Percent Sold | 64.3% | 59.6% | 7.9% |
| Total Raised | £5,577,200 | £10,132,800 | -45.0% |
South-East Home Counties
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 975 | 822 | 18.6% |
| Lots Sold | 732 | 662 | 10.6% |
| Percent Sold | 75.1% | 80.5% | -6.7% |
| Total Raised | £125,964,750 | £118,947,148 | 5.9% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 785 | 679 | 15.6% |
| Lots Sold | 596 | 550 | 8.4% |
| Percent Sold | 75.9% | 81% | -6.3% |
| Total Raised | £95,123,500 | £79,857,112 | 19.1% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 190 | 143 | 32.9% |
| Lots Sold | 136 | 112 | 21.4% |
| Percent Sold | 71.6% | 78.3% | -8.6% |
| Total Raised | £30,841,250 | £39,090,036 | -21.1% |
South-West
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 612 | 586 | 4.4% |
| Lots Sold | 438 | 437 | 0.2% |
| Percent Sold | 71.6% | 74.6% | -4.0% |
| Total Raised | £65,601,850 | £64,649,849 | 1.5% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 432 | 429 | 0.7% |
| Lots Sold | 287 | 308 | -6.8% |
| Percent Sold | 66.4% | 71.8% | -7.5% |
| Total Raised | £44,609,000 | £42,398,950 | 5.2% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 180 | 157 | 14.6% |
| Lots Sold | 151 | 129 | 17.1% |
| Percent Sold | 83.9% | 82.2% | 2.1% |
| Total Raised | £20,992,850 | £22,250,899 | -5.7% |
Wales
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 539 | 617 | -12.6% |
| Lots Sold | 331 | 453 | -26.9% |
| Percent Sold | 61.4% | 73.4% | -16.3% |
| Total Raised | £29,045,400 | £43,664,285 | -33.5% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 415 | 465 | -10.8% |
| Lots Sold | 258 | 336 | -23.2% |
| Percent Sold | 62.2% | 72.3% | -14.0% |
| Total Raised | £20,759,900 | £26,396,685 | -21.4% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 124 | 152 | -18.4% |
| Lots Sold | 73 | 117 | -37.6% |
| Percent Sold | 58.9% | 77% | -23.5% |
| Total Raised | £8,285,500 | £17,267,600 | -52.0% |
West Midlands
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 760 | 753 | 0.9% |
| Lots Sold | 481 | 552 | -12.9% |
| Percent Sold | 63.3% | 73.3% | -13.6% |
| Total Raised | £56,488,000 | £65,509,045 | -13.8% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 611 | 617 | -1.0% |
| Lots Sold | 380 | 448 | -15.2% |
| Percent Sold | 62.2% | 72.6% | -14.3% |
| Total Raised | £39,287,050 | £39,954,945 | -1.7% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 149 | 136 | 9.6% |
| Lots Sold | 101 | 104 | -2.9% |
| Percent Sold | 67.8% | 76.5% | -11.4% |
| Total Raised | £17,200,950 | £25,554,100 | -32.7% |
Yorkshire and The Humber
| Total | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 635 | 709 | -10.4% |
| Lots Sold | 426 | 516 | -17.4% |
| Percent Sold | 67.1% | 72.8% | -7.8% |
| Total Raised | £42,889,749 | £47,810,605 | -10.3% |
| Residential | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 538 | 611 | -11.9% |
| Lots Sold | 359 | 437 | -17.8% |
| Percent Sold | 66.7% | 71.5% | -6.7% |
| Total Raised | £30,364,599 | £36,579,955 | -17.0% |
| Commercial | |||
|---|---|---|---|
| April 2010 - June 2010 | April 2009 - June 2009 | Increase | |
| Lots Offered | 97 | 98 | -1.0% |
| Lots Sold | 67 | 79 | -15.2% |
| Percent Sold | 69.1% | 80.6% | -14.3% |
| Total Raised | £12,525,150 | £11,230,650 | 11.5% |
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. |