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Hello and welcome to the first of what will be a monthly newsletter giving you an overall
picture of the property auction market in the UK. I do hope you
find the statistics interesting and I would welcome suggestions as to
what you would like to see in future editions.
Not only will there be a round-up of auction statistics but at the bottom of
the news letter will be news of any modifications or changes we have made to
the web site that might be of interest to you.
Kind regards
David Sandeman
Managing Director
davids@eigroup.co.uk
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Essential Auction News
77 property auctions were held throughout the UK in December 2005.
We will compare these results to those of December 2004.
There is also a regional breakdown of statistics, and a detailed analysis of the type of properties offered and sold at auction.
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Overall Statistics December 2005
| Number of Auctions Held in the UK |
77 |
| Total Lots Offered |
3,106 |
| Total Lots Sold |
2,307 |
| Percent Sold |
74% |
| Total Realised |
£583,720,412 |
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National Auction Analysis
Throughout the UK, 3106 lots were offered in the month of December 2005, which is a rise of 400 on the same period in 2004.
In addition the % of lots sold rose from 70.6% in December 2004 to 73.1% in December 2005.
If we extend the date range to include all auctions held in the last three months,
we see that the number of lots offered rose by 5.3% from the same period in
2004 (8580 compared to 8122), and the % of lots sold rose from 68.5% to 71.1%.
The figures for the years 2004 and 2005 remained broadly the same with only a slight
decrease in lots offered (down 136 lots) and % sold easing from 72.7% to 71.5%.
However, the total amount realised in 2005 increased by 6% to £4,353,374,979.
| National Breakdown |
| |
Last Month |
Last Quarter |
Last Year |
| |
December 2005 |
December 2004 |
September-December 2005 |
September-December 2004 |
January 2004-December 2005 |
January 2003-December 2004 |
| Lots Offered |
3,106 |
2,706 |
8,581 |
8,122 |
30,985 |
31,120 |
| Lots Sold |
2,307 |
1,910 |
6,135 |
5,561 |
22,193 |
22,634 |
| Total Raised |
£583,720,412 |
£416,316,137 |
£1,400,402,856 |
£1,173,772,651 |
£4,353,374,979 |
£4,109,465,300 |
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Regional Auction Analysis
We have split the UK up into 13 regions, with each region consisting of a
selection of counties. To find out which counties are in a specific region simply
click on the location map link below. The compiled figures are based on the location of the lots,
not the auction houses. The majority of regions have seen a rise in all three statistics,
particularly the North-East and Northern England regions, which have had big increases in the volume of
lots being offered and subsequently sold.
| Regional Breakdown |
| Location Map |
Lots Offered |
Lots Sold |
Total Raised |
| |
December 2005 |
December 2004 |
December 2005 |
December 2004 |
December 2005 |
December 2004 |
| East Anglia |
71 |
60 |
53 |
43 |
£16,204,750 |
£11,895,650 |
| East Midlands |
155 |
83 |
121 |
61 |
£14,485,750 |
£15,133,000 |
| London |
389 |
425 |
310 |
328 |
£112,917,100 |
£128,017,750 |
| North-East |
279 |
153 |
220 |
121 |
£34,035,102 |
£19,204,587 |
| North-West |
623 |
616 |
445 |
421 |
£143,231,745 |
£52,258,800 |
| North-West Home Counties |
225 |
182 |
171 |
132 |
£62,083,435 |
£45,273,500 |
| Northern England |
145 |
139 |
72 |
60 |
£10,884,245 |
£9,962,900 |
| Northern Ireland |
6 |
6 |
6 |
6 |
£509,500 |
£364,500 |
| Scotland |
23 |
35 |
16 |
30 |
£4,669,000 |
£2,543,750 |
| South-East Home Counties |
540 |
462 |
417 |
321 |
£89,199,750 |
£56,966,850 |
| South-West |
169 |
149 |
131 |
116 |
£46,099,435 |
£28,435,100 |
| Wales |
144 |
90 |
104 |
66 |
£17,894,400 |
£13,760,700 |
| West Midlands |
337 |
306 |
241 |
205 |
£31,506,200 |
£32,499,050 |
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News and developments on the web site
Same tenant comparison 
When looking at the results of a search, you will note that a new icon (showing above) will appear when the tenant of the commercial
property is shown. By clicking this icon a sub search will be automatically run with
the results shown on screen to display all the lots in the database that have
exactly the same tenant. You can return to the original results set by clicking the
'back' button on your browser. Please note however, that only tenants with exactly the same name
will be shown, so for example if the tenant showing was Boots plc, any lot where Boots Property
Ltd was the tenant would not be returned even though they are connected.
Video tutorials
Are you getting the most from the web site?? Why not take a look at some of the 2 minute videos we have prepared at http://www.eigroup.co.uk/subscribers/tutorials.asp that will show you how to obtain the best out of the site.
More news next month!
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