Essential Auction News
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Welcome to the November newsletter, based around auction statistics for October sales. It is encouraging to see that the rolling quarterly and yearly figures are showing broadly positive growth, something we have seen over the past few months, though it is probably too early to call it a sustained recovery. Looking forward, we have been very busy with November and December catalogues and I will be reporting in a month's time on the November sales. As always I welcome comments on the above and any suggestions you may have for the future. Kind regards David Sandeman Managing Director davids@eigroup.co.uk |
National Auction Analysis
| October saw 160 auctions held across the country (170 in 2009), with 3,515 lots being offered, up 15.7% on 2009. The number of lots sold edged up as well by 1.8% to 2,241 lots whilst the amount raised was down on last year by 6.6% at just under £0.4 Billion. Looking at the month on month figures for the two sectors, we see that the residential sector saw the highest growth, with lots offered up 17.9% and amount raised up 1.5%, whereas the number of commercial lots was up 8.9%, with the amount raised slipping 17.6%. |
Total
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| October 2010 | October 2009 | Increase | August 2010 - October 2010 | August 2009 - October 2009 | Increase | November 2009 - October 2010 | November 2008 - October 2009 | Increase | |
| Lots Offered | 3,515 | 3,038 | 15.7% | 8,073 | 6,995 | 15.4% | 31,382 | 30,669 | 2.3% |
| Lots Sold | 2,241 | 2,201 | 1.8% | 5,263 | 5,050 | 4.2% | 21,625 | 22,583 | -4.2% |
| Percent Sold | 63.8% | 72.4% | -11.9% | 65.2% | 72.2% | -9.7% | 68.9% | 73.6% | -6.4% |
| Total Raised | £394,388,174 | £422,132,876 | -6.6% | £732,006,304 | £772,058,765 | -5.2% | £3,305,649,719 | £3,345,951,157 | -1.2% |
Residential
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| October 2010 | October 2009 | Increase | August 2010 - October 2010 | August 2009 - October 2009 | Increase | November 2009 - October 2010 | November 2008 - October 2009 | Increase | |
| Lots Offered | 2,716 | 2,304 | 17.9% | 6,528 | 5,680 | 14.9% | 25,004 | 25,235 | -0.9% |
| Lots Sold | 1,709 | 1,653 | 3.4% | 4,246 | 4,062 | 4.5% | 17,136 | 18,525 | -7.5% |
| Percent Sold | 62.9% | 71.7% | -12.3% | 65% | 71.5% | -9.1% | 68.5% | 73.4% | -6.7% |
| Total Raised | £247,208,124 | £243,569,676 | 1.5% | £526,251,404 | £550,311,815 | -4.4% | £2,198,279,675 | £2,264,204,770 | -2.9% |
Commercial
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| October 2010 | October 2009 | Increase | August 2010 - October 2010 | August 2009 - October 2009 | Increase | November 2009 - October 2010 | November 2008 - October 2009 | Increase | |
| Lots Offered | 799 | 734 | 8.9% | 1,545 | 1,315 | 17.5% | 6,375 | 5,434 | 17.3% |
| Lots Sold | 532 | 548 | -2.9% | 1,017 | 988 | 2.9% | 4,489 | 4,058 | 10.6% |
| Percent Sold | 66.6% | 74.7% | -10.8% | 65.8% | 75.1% | -12.4% | 70.4% | 74.7% | -5.8% |
| Total Raised | £147,180,050 | £178,563,200 | -17.6% | £205,754,900 | £221,746,950 | -7.2% | £1,107,370,044 | £1,081,746,387 | 2.4% |
Regional Auction Analysis
| As is usually the case, variations across all the measurable parameters can be seen across the regions. |
East Anglia
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 256 | 245 | 4.5% |
| Lots Sold | 182 | 169 | 7.7% |
| Percent Sold | 71.1% | 69% | 3.0% |
| Total Raised | £25,561,950 | £20,929,150 | 22.1% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 214 | 208 | 2.9% |
| Lots Sold | 152 | 139 | 9.4% |
| Percent Sold | 71% | 66.8% | 6.3% |
| Total Raised | £17,037,250 | £17,012,150 | 0.1% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 42 | 37 | 13.5% |
| Lots Sold | 30 | 30 | 0.0% |
| Percent Sold | 71.4% | 81.1% | -12.0% |
| Total Raised | £8,524,700 | £3,917,000 | 117.6% |
East Midlands
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 647 | 497 | 30.2% |
| Lots Sold | 443 | 372 | 19.1% |
| Percent Sold | 68.5% | 74.8% | -8.4% |
| Total Raised | £42,930,975 | £40,179,800 | 6.8% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 525 | 380 | 38.2% |
| Lots Sold | 361 | 276 | 30.8% |
| Percent Sold | 68.8% | 72.6% | -5.2% |
| Total Raised | £32,324,475 | £24,006,050 | 34.7% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 122 | 117 | 4.3% |
| Lots Sold | 82 | 96 | -14.6% |
| Percent Sold | 67.2% | 82.1% | -18.1% |
| Total Raised | £10,606,500 | £16,173,750 | -34.4% |
London
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 937 | 872 | 7.5% |
| Lots Sold | 679 | 726 | -6.5% |
| Percent Sold | 72.5% | 83.3% | -13.0% |
| Total Raised | £220,521,350 | £219,394,150 | 0.5% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 812 | 784 | 3.6% |
| Lots Sold | 585 | 647 | -9.6% |
| Percent Sold | 72% | 82.5% | -12.7% |
| Total Raised | £168,814,300 | £163,113,750 | 3.5% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 125 | 88 | 42.0% |
| Lots Sold | 94 | 79 | 19.0% |
| Percent Sold | 75.2% | 89.8% | -16.3% |
| Total Raised | £51,707,050 | £56,280,400 | -8.1% |
North-East
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 646 | 483 | 33.7% |
| Lots Sold | 337 | 281 | 19.9% |
| Percent Sold | 52.2% | 58.2% | -10.3% |
| Total Raised | £28,137,815 | £28,436,875 | -1.1% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 599 | 443 | 35.2% |
| Lots Sold | 314 | 257 | 22.2% |
| Percent Sold | 52.4% | 58% | -9.7% |
| Total Raised | £22,627,815 | £19,604,875 | 15.4% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 47 | 40 | 17.5% |
| Lots Sold | 23 | 24 | -4.2% |
| Percent Sold | 48.9% | 60% | -18.5% |
| Total Raised | £5,510,000 | £8,832,000 | -37.6% |
North-West
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 1,417 | 1,168 | 21.3% |
| Lots Sold | 895 | 766 | 16.8% |
| Percent Sold | 63.2% | 65.6% | -3.7% |
| Total Raised | £84,684,646 | £68,814,589 | 23.1% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 1,039 | 929 | 11.8% |
| Lots Sold | 662 | 602 | 10.0% |
| Percent Sold | 63.7% | 64.8% | -1.7% |
| Total Raised | £53,809,896 | £46,783,839 | 15.0% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 378 | 239 | 58.2% |
| Lots Sold | 233 | 164 | 42.1% |
| Percent Sold | 61.6% | 68.6% | -10.2% |
| Total Raised | £30,874,750 | £22,030,750 | 40.1% |
North-West Home Counties
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 355 | 402 | -11.7% |
| Lots Sold | 253 | 306 | -17.3% |
| Percent Sold | 71.3% | 76.1% | -6.3% |
| Total Raised | £48,994,900 | £66,550,250 | -26.4% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 292 | 316 | -7.6% |
| Lots Sold | 211 | 236 | -10.6% |
| Percent Sold | 72.3% | 74.7% | -3.2% |
| Total Raised | £35,209,150 | £49,749,050 | -29.2% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 63 | 86 | -26.7% |
| Lots Sold | 42 | 70 | -40.0% |
| Percent Sold | 66.7% | 81.4% | -18.1% |
| Total Raised | £13,785,750 | £16,801,200 | -17.9% |
Scotland
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 135 | 165 | -18.2% |
| Lots Sold | 87 | 84 | 3.6% |
| Percent Sold | 64.4% | 50.9% | 26.5% |
| Total Raised | £6,626,375 | £6,802,250 | -2.6% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 110 | 118 | -6.8% |
| Lots Sold | 72 | 60 | 20.0% |
| Percent Sold | 65.5% | 50.8% | 28.9% |
| Total Raised | £4,270,375 | £4,588,750 | -6.9% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 25 | 47 | -46.8% |
| Lots Sold | 15 | 24 | -37.5% |
| Percent Sold | 60% | 51.1% | 17.4% |
| Total Raised | £2,356,000 | £2,213,500 | 6.4% |
South-East Home Counties
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 838 | 779 | 7.6% |
| Lots Sold | 590 | 616 | -4.2% |
| Percent Sold | 70.4% | 79.1% | -11.0% |
| Total Raised | £91,623,945 | £105,315,759 | -13.0% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 670 | 637 | 5.2% |
| Lots Sold | 480 | 513 | -6.4% |
| Percent Sold | 71.6% | 80.5% | -11.1% |
| Total Raised | £65,104,445 | £82,145,509 | -20.7% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 168 | 142 | 18.3% |
| Lots Sold | 110 | 103 | 6.8% |
| Percent Sold | 65.5% | 72.5% | -9.7% |
| Total Raised | £26,519,500 | £23,170,250 | 14.5% |
South-West
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 617 | 599 | 3.0% |
| Lots Sold | 396 | 452 | -12.4% |
| Percent Sold | 64.2% | 75.5% | -15.0% |
| Total Raised | £55,722,750 | £67,133,900 | -17.0% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 450 | 418 | 7.7% |
| Lots Sold | 270 | 302 | -10.6% |
| Percent Sold | 60% | 72.2% | -16.9% |
| Total Raised | £35,254,700 | £45,899,150 | -23.2% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 167 | 181 | -7.7% |
| Lots Sold | 126 | 150 | -16.0% |
| Percent Sold | 75.4% | 82.9% | -9.0% |
| Total Raised | £20,468,050 | £21,234,750 | -3.6% |
Wales
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 671 | 494 | 35.8% |
| Lots Sold | 394 | 329 | 19.8% |
| Percent Sold | 58.7% | 66.6% | -11.9% |
| Total Raised | £31,629,956 | £33,767,650 | -6.3% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 534 | 404 | 32.2% |
| Lots Sold | 311 | 267 | 16.5% |
| Percent Sold | 58.2% | 66.1% | -12.0% |
| Total Raised | £20,685,706 | £23,361,150 | -11.5% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 137 | 90 | 52.2% |
| Lots Sold | 83 | 62 | 33.9% |
| Percent Sold | 60.6% | 68.9% | -12.0% |
| Total Raised | £10,944,250 | £10,406,500 | 5.2% |
West Midlands
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 758 | 739 | 2.6% |
| Lots Sold | 482 | 546 | -11.7% |
| Percent Sold | 63.6% | 73.9% | -13.9% |
| Total Raised | £51,508,396 | £68,172,742 | -24.4% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 610 | 585 | 4.3% |
| Lots Sold | 388 | 428 | -9.3% |
| Percent Sold | 63.6% | 73.2% | -13.1% |
| Total Raised | £36,973,346 | £44,034,242 | -16.0% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 148 | 154 | -3.9% |
| Lots Sold | 94 | 118 | -20.3% |
| Percent Sold | 63.5% | 76.6% | -17.1% |
| Total Raised | £14,535,050 | £24,138,500 | -39.8% |
Yorkshire and The Humber
| Total | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 688 | 548 | 25.5% |
| Lots Sold | 484 | 399 | 21.3% |
| Percent Sold | 70.3% | 72.8% | -3.4% |
| Total Raised | £42,218,496 | £46,272,650 | -8.8% |
| Residential | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 565 | 454 | 24.4% |
| Lots Sold | 399 | 331 | 20.5% |
| Percent Sold | 70.6% | 72.9% | -3.2% |
| Total Raised | £32,295,196 | £29,724,300 | 8.6% |
| Commercial | |||
|---|---|---|---|
| August 2010 - October 2010 | August 2009 - October 2009 | Increase | |
| Lots Offered | 123 | 94 | 30.9% |
| Lots Sold | 85 | 68 | 25.0% |
| Percent Sold | 69.1% | 72.3% | -4.4% |
| Total Raised | £9,923,300 | £16,548,350 | -40.0% |
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. |