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Welcome to the May news letter giving a summary of results for April 2006. April was slightly quieter than March, probably owing to the fact that Easter fell in April this year. Do please look at the comments at the bottom of this news letter in respect of useful tips when using the site.
We have also analysed the split of the types of lots offered throughout the UK in 2005 in terms of number of lots offered and amount raised.
Kind regards
David Sandeman
Managing Director
davids@eigroup.co.uk
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Essential Auction News
107 property auctions were held throughout the UK in April 2006.
We will compare these results to those of April 2005.
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 April 2006
| Number of Auctions Held in the UK |
107 |
| Total Lots Offered |
2,772 |
| Total Lots Sold |
2,058 |
| Percent Sold |
74% |
| Total Realised |
£293,650,186 |
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National Auction Analysis
Notwithstanding the fact that Easter fell in April this year as opposed to March last year, April was another busy month with the number of lots being offered up 8% at 2,772 and the sale rate remaining steady at 73%. Interestingly, the amount raised was down 24%, due in the most part to 3 major commercial Auction Houses holding their Spring sale at the end of March this year as opposed to April last year.
The rolling three months and rolling year both saw increases in all totals as can been seen from the table below.
| National Breakdown |
| |
Last Month |
Last Quarter |
Last Year |
| |
April 2006 |
April 2005 |
January-April 2006 |
January-April 2005 |
May 2005-April 2006 |
May 2004-April 2005 |
| Lots Offered |
2,772 |
2,562 |
9,164 |
8,055 |
31,909 |
31,090 |
| Lots Sold |
2,058 |
1,883 |
7,037 |
6,018 |
23,337 |
22,096 |
| Total Raised |
£293,650,186 |
£387,315,089 |
£1,394,149,627 |
£1,178,533,439 |
£4,608,074,583 |
£4,134,172,005 |
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Regional Auction Analysis
The majority of regions saw a small increase in the number of lots offered and sold, though there were no major changes either upwards or downwards. However all the regions bar 2; Wales and the East Midlands; had a fall in the total raised on account of the 3 major commercial Auction Houses not holding an auction in April. Whilst they are based in London, their stock is nationwide and affects all regions.
| Regional Breakdown |
| Location Map |
Lots Offered |
Lots Sold |
Total Raised |
| |
April 2006 |
April 2005 |
April 2006 |
April 2005 |
April 2006 |
April 2005 |
| East Anglia |
76 |
44 |
65 |
34 |
£6,586,000 |
£14,266,250 |
| East Midlands |
208 |
117 |
158 |
74 |
£19,577,700 |
£16,741,000 |
| London |
282 |
327 |
248 |
265 |
£60,676,800 |
£87,779,900 |
| North-East |
298 |
254 |
200 |
179 |
£21,924,600 |
£22,978,070 |
| North-West |
470 |
439 |
334 |
296 |
£40,670,050 |
£40,788,900 |
| North-West Home Counties |
79 |
73 |
56 |
57 |
£12,317,745 |
£31,846,950 |
| Northern England |
212 |
194 |
92 |
125 |
£10,323,200 |
£15,028,300 |
| Northern Ireland |
1 |
4 |
1 |
4 |
£52,000 |
£983,500 |
| Scotland |
40 |
53 |
35 |
48 |
£2,600,120 |
£2,692,610 |
| South-East Home Counties |
476 |
446 |
380 |
355 |
£60,824,731 |
£84,653,890 |
| South-West |
164 |
148 |
128 |
115 |
£19,251,300 |
£27,317,800 |
| Wales |
193 |
157 |
148 |
117 |
£14,449,250 |
£13,538,700 |
| West Midlands |
273 |
306 |
213 |
214 |
£24,396,690 |
£28,699,219 |
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Overall auction activity 2005
Below is two charts showing the split of Lots Offered and the Amount Raised at auctions across the UK
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News and developments on the web site
Are you using the AuctionElert service effectively??
With an Auction elert set up you simply enter the types of property you are looking for and as soon as one is entered on our database we e mail you to tell you about it. As soon as it has been offered another e mail goes out to you with the results. No more missed lots!!
To see how to set one up click on http://www.eigroup.co.uk/subscribers/tutorials.asp and watch "Make the most out of Auction Elert".
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Your comments
If you would like to comment on anything in this email, or have any suggestions for future newsletters, we would love to hear from you. So please
email us
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