Essential Auction News
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Welcome to the first newsletter of the year showing how December 2010 fared compared with December 2009 and a look at 2010 as a whole. I have enclosed a pdf report which looks at 2010 in more detail and I hope you find it interesting.
May I take this opportunity of wishing you a more prosperous new year. Kind regards David Sandeman Managing Director davids@eigroup.co.uk |
National Auction Analysis
| Overall, in terms of lots offered, December 2010 was very similar to December 2009 but with an overall sale rate of 69.3% (December 2009, 70.1%). The number of lots sold was down 1.9% and total raised down 10.7%. The yearly comparisons are more promising with a 5.8% increase in the number of lots offered and amount raised down just 3.5%.
Looking at the 2 sectors over the year, the residential sector saw a 5.2% increase in lots offered and a 1.7% decline in amount raised whereas the commercial sector offered 8.6% more lots though amount raised slipped 6.9%. The underlying trends appear to be one of relative stability with the declines seen over the past two and a half years no longer visible. |
Total
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| December 2010 | December 2009 | Increase | October 2010 - December 2010 | October 2009 - December 2009 | Increase | January 2010 - December 2010 | January 2009 - December 2009 | Increase | |
| Lots Offered | 3,270 | 3,293 | -0.7% | 8,890 | 8,338 | 6.6% | 31,457 | 29,720 | 5.8% |
| Lots Sold | 2,265 | 2,310 | -1.9% | 5,927 | 5,916 | 0.2% | 22,015 | 22,373 | -1.6% |
| Percent Sold | 69.3% | 70.1% | -1.1% | 66.7% | 71% | -6.1% | 70% | 75.3% | -7.0% |
| Total Raised | £393,650,687 | £440,719,778 | -10.7% | £962,381,754 | £1,024,132,300 | -6.0% | £3,350,664,429 | £3,471,652,346 | -3.5% |
Residential
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| December 2010 | December 2009 | Increase | October 2010 - December 2010 | October 2009 - December 2009 | Increase | January 2010 - December 2010 | January 2009 - December 2009 | Increase | |
| Lots Offered | 2,614 | 2,491 | 4.9% | 7,152 | 6,474 | 10.5% | 25,269 | 24,025 | 5.2% |
| Lots Sold | 1,787 | 1,748 | 2.2% | 4,707 | 4,544 | 3.6% | 17,550 | 18,014 | -2.6% |
| Percent Sold | 68.4% | 70.2% | -2.6% | 65.8% | 70.2% | -6.3% | 69.5% | 75% | -7.3% |
| Total Raised | £224,756,905 | £239,609,578 | -6.2% | £606,939,472 | £616,306,550 | -1.5% | £2,223,594,385 | £2,261,365,244 | -1.7% |
Commercial
| Last Month | Last Quarter | Last Year | |||||||
|---|---|---|---|---|---|---|---|---|---|
| December 2010 | December 2009 | Increase | October 2010 - December 2010 | October 2009 - December 2009 | Increase | January 2010 - December 2010 | January 2009 - December 2009 | Increase | |
| Lots Offered | 656 | 802 | -18.2% | 1,738 | 1,864 | -6.8% | 6,185 | 5,695 | 8.6% |
| Lots Sold | 478 | 562 | -14.9% | 1,220 | 1,372 | -11.1% | 4,465 | 4,359 | 2.4% |
| Percent Sold | 72.9% | 70.1% | 4.0% | 70.2% | 73.6% | -4.6% | 72.2% | 76.5% | -5.6% |
| Total Raised | £168,893,782 | £201,110,200 | -16.0% | £355,442,282 | £407,825,750 | -12.8% | £1,127,070,044 | £1,210,287,102 | -6.9% |
Regional Auction Analysis
| As is usually the case, variations across all the measurable parameters can be seen across the regions. |
East Anglia
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 273 | 277 | -1.4% |
| Lots Sold | 181 | 219 | -17.4% |
| Percent Sold | 66.3% | 79.1% | -16.2% |
| Total Raised | £26,738,950 | £35,896,500 | -25.5% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 223 | 210 | 6.2% |
| Lots Sold | 142 | 162 | -12.3% |
| Percent Sold | 63.7% | 77.1% | -17.4% |
| Total Raised | £15,368,000 | £17,501,000 | -12.2% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 50 | 67 | -25.4% |
| Lots Sold | 39 | 57 | -31.6% |
| Percent Sold | 78% | 85.1% | -8.3% |
| Total Raised | £11,370,950 | £18,395,500 | -38.2% |
East Midlands
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 706 | 631 | 11.9% |
| Lots Sold | 507 | 442 | 14.7% |
| Percent Sold | 71.8% | 70% | 2.6% |
| Total Raised | £56,808,595 | £53,316,250 | 6.6% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 575 | 475 | 21.1% |
| Lots Sold | 421 | 337 | 24.9% |
| Percent Sold | 73.2% | 70.9% | 3.2% |
| Total Raised | £37,666,845 | £29,445,000 | 27.9% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 131 | 156 | -16.0% |
| Lots Sold | 86 | 105 | -18.1% |
| Percent Sold | 65.6% | 67.3% | -2.5% |
| Total Raised | £19,141,750 | £23,871,250 | -19.8% |
London
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 1,091 | 1,088 | 0.3% |
| Lots Sold | 824 | 889 | -7.3% |
| Percent Sold | 75.5% | 81.7% | -7.6% |
| Total Raised | £301,312,801 | £311,193,000 | -3.2% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 892 | 919 | -2.9% |
| Lots Sold | 668 | 744 | -10.2% |
| Percent Sold | 74.9% | 81% | -7.5% |
| Total Raised | £201,746,950 | £196,867,000 | 2.5% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 199 | 169 | 17.8% |
| Lots Sold | 156 | 145 | 7.6% |
| Percent Sold | 78.4% | 85.8% | -8.6% |
| Total Raised | £99,565,851 | £114,326,000 | -12.9% |
North-East
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 735 | 539 | 36.4% |
| Lots Sold | 374 | 274 | 36.5% |
| Percent Sold | 50.9% | 50.8% | 0.2% |
| Total Raised | £31,529,792 | £31,788,702 | -0.8% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 677 | 497 | 36.2% |
| Lots Sold | 338 | 252 | 34.1% |
| Percent Sold | 49.9% | 50.7% | -1.6% |
| Total Raised | £24,135,792 | £18,117,202 | 33.2% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 58 | 42 | 38.1% |
| Lots Sold | 36 | 22 | 63.6% |
| Percent Sold | 62.1% | 52.4% | 18.5% |
| Total Raised | £7,394,000 | £13,671,500 | -45.9% |
North-West
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 1,352 | 1,254 | 7.8% |
| Lots Sold | 880 | 847 | 3.9% |
| Percent Sold | 65.1% | 67.5% | -3.6% |
| Total Raised | £90,169,810 | £75,867,475 | 18.9% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 1,056 | 994 | 6.2% |
| Lots Sold | 688 | 667 | 3.1% |
| Percent Sold | 65.2% | 67.1% | -2.8% |
| Total Raised | £60,984,110 | £46,386,325 | 31.5% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 296 | 260 | 13.8% |
| Lots Sold | 192 | 180 | 6.7% |
| Percent Sold | 64.9% | 69.2% | -6.2% |
| Total Raised | £29,185,700 | £29,481,150 | -1.0% |
North-West Home Counties
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 397 | 473 | -16.1% |
| Lots Sold | 290 | 339 | -14.5% |
| Percent Sold | 73% | 71.7% | 1.8% |
| Total Raised | £76,835,626 | £83,161,100 | -7.6% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 301 | 310 | -2.9% |
| Lots Sold | 219 | 226 | -3.1% |
| Percent Sold | 72.8% | 72.9% | -0.1% |
| Total Raised | £43,855,600 | £47,574,500 | -7.8% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 96 | 163 | -41.1% |
| Lots Sold | 71 | 113 | -37.2% |
| Percent Sold | 74% | 69.3% | 6.8% |
| Total Raised | £32,980,026 | £35,586,600 | -7.3% |
Scotland
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 272 | 278 | -2.2% |
| Lots Sold | 124 | 134 | -7.5% |
| Percent Sold | 45.6% | 48.2% | -5.4% |
| Total Raised | £13,513,700 | £15,423,295 | -12.4% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 219 | 221 | -0.9% |
| Lots Sold | 95 | 96 | -1.0% |
| Percent Sold | 43.4% | 43.4% | 0.0% |
| Total Raised | £6,117,100 | £6,166,395 | -0.8% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 53 | 57 | -7.0% |
| Lots Sold | 29 | 38 | -23.7% |
| Percent Sold | 54.7% | 66.7% | -18.0% |
| Total Raised | £7,396,600 | £9,256,900 | -20.1% |
South-East Home Counties
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 1,039 | 1,035 | 0.4% |
| Lots Sold | 754 | 784 | -3.8% |
| Percent Sold | 72.6% | 75.7% | -4.1% |
| Total Raised | £135,944,896 | £147,756,206 | -8.0% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 780 | 760 | 2.6% |
| Lots Sold | 555 | 578 | -4.0% |
| Percent Sold | 71.2% | 76.1% | -6.4% |
| Total Raised | £76,869,596 | £95,977,006 | -19.9% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 259 | 275 | -5.8% |
| Lots Sold | 199 | 206 | -3.4% |
| Percent Sold | 76.8% | 74.9% | 2.5% |
| Total Raised | £59,075,300 | £51,779,200 | 14.1% |
South-West
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 617 | 717 | -13.9% |
| Lots Sold | 443 | 542 | -18.3% |
| Percent Sold | 71.8% | 75.6% | -5.0% |
| Total Raised | £73,106,750 | £90,788,050 | -19.5% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 450 | 484 | -7.0% |
| Lots Sold | 313 | 358 | -12.6% |
| Percent Sold | 69.6% | 74% | -5.9% |
| Total Raised | £43,084,000 | £53,111,300 | -18.9% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 167 | 233 | -28.3% |
| Lots Sold | 130 | 184 | -29.3% |
| Percent Sold | 77.8% | 79% | -1.5% |
| Total Raised | £30,022,750 | £37,676,750 | -20.3% |
Wales
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 719 | 528 | 36.2% |
| Lots Sold | 468 | 365 | 28.2% |
| Percent Sold | 65.1% | 69.1% | -5.8% |
| Total Raised | £38,351,898 | £39,630,050 | -3.2% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 591 | 426 | 38.7% |
| Lots Sold | 385 | 286 | 34.6% |
| Percent Sold | 65.1% | 67.1% | -3.0% |
| Total Raised | £25,505,603 | £22,905,950 | 11.3% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 128 | 102 | 25.5% |
| Lots Sold | 83 | 79 | 5.1% |
| Percent Sold | 64.8% | 77.5% | -16.4% |
| Total Raised | £12,846,295 | £16,724,100 | -23.2% |
West Midlands
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 776 | 856 | -9.3% |
| Lots Sold | 478 | 617 | -22.5% |
| Percent Sold | 61.6% | 72.1% | -14.6% |
| Total Raised | £56,338,001 | £82,150,022 | -31.4% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 626 | 669 | -6.4% |
| Lots Sold | 387 | 487 | -20.5% |
| Percent Sold | 61.8% | 72.8% | -15.1% |
| Total Raised | £35,229,401 | £51,406,272 | -31.5% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 150 | 187 | -19.8% |
| Lots Sold | 91 | 130 | -30.0% |
| Percent Sold | 60.7% | 69.5% | -12.7% |
| Total Raised | £21,108,600 | £30,743,750 | -31.3% |
Yorkshire and The Humber
| Total | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 798 | 647 | 23.3% |
| Lots Sold | 565 | 456 | 23.9% |
| Percent Sold | 70.8% | 70.5% | 0.4% |
| Total Raised | £59,345,085 | £56,676,150 | 4.7% |
| Residential | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 647 | 494 | 31.0% |
| Lots Sold | 457 | 343 | 33.2% |
| Percent Sold | 70.6% | 69.4% | 1.7% |
| Total Raised | £33,990,625 | £30,363,100 | 11.9% |
| Commercial | |||
|---|---|---|---|
| October 2010 - December 2010 | October 2009 - December 2009 | Increase | |
| Lots Offered | 151 | 153 | -1.3% |
| Lots Sold | 108 | 113 | -4.4% |
| Percent Sold | 71.5% | 73.9% | -3.2% |
| Total Raised | £25,354,460 | £26,313,050 | -3.6% |
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. |