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Welcome to the newsletter reporting on the first month's activity of 2007. Whilst only a relatively few auctions were held in January, you will see from the numbers below that 2007 has got off to a flying start.
We often take calls in the office from clients asking us to add additional features the database to perform various tasks. Invariably these features already exist, (searching by postcode, covenant, to name but a few) If the database does not meet your requirements, do let me know and we will show you how to do it, or if it is not already available, do our utmost to add in the additional feature.
Some recipients of the newsletter have found that the tables of results below are not readily legible, and that a small red cross appears where a photo, graph or table should be. If this is the case with you, do please let me know by return and we will send the report out in a format that you can read.
Kind regards
David Sandeman
Managing Director
davids@eigroup.co.uk
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Essential Auction News
22 property auctions were held throughout the UK in January 2007.
We will compare these results to those of January 2006.
There is also a regional breakdown of statistics.
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Overall Statistics January 2007
| Number of Auctions Held in the UK |
22 |
| Total Lots Offered |
583 |
| Total Lots Sold |
423 |
| Percent Sold |
73% |
| Total Realised |
£56,090,200 |
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National Auction Analysis
The growth in the popularity of auctions that we have seen over the past few years seems to have accelerated in January 2007. Lots offered and amount raised were both up over 50% on January 2006. Annual 'year on year' trends have kept up with last years figures too, with an 18% increase in lots sold and a 30% increase in amount realised.
| National Breakdown |
| |
Last Month |
Last Quarter |
Last Year |
| |
January 2007 |
January 2006 |
Increase |
October-January 2007 |
October-January 2006 |
Increase |
February 2006-January 2007 |
February 2005-January 2006 |
Increase |
| Lots Offered |
583 |
369 |
58.0% |
6,426 |
5,693 |
12.9% |
34,212 |
30,790 |
11.1% |
| Lots Sold |
423 |
279 |
51.6% |
4,854 |
4,230 |
14.8% |
26,589 |
22,378 |
18.8% |
| Total Raised |
£56,090,200 |
£36,686,365 |
52.9% |
£1,069,664,483 |
£916,332,041 |
16.7% |
£5,785,097,181 |
£4,454,315,444 |
29.9% |
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Regional Auction Analysis
With such a relatively small number of lots, the regional breakdown could give misleading trends. However as one would expect, most regions saw an increase in figures generally, with only two regions experiencing a fall. The results from February will give a better trend, and these will be with you early March.
| Regional Breakdown |
| Location Map |
Lots Offered |
Lots Sold |
Total Raised |
| |
January 2007 |
January 2006 |
Increase |
January 2007 |
January 2006 |
Increase |
January 2007 |
January 2006 |
Increase |
| East Anglia |
2 |
2 |
0.0%
|
1 |
2 |
-50.0%
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£91,000 |
£205,000 |
-55.6%
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| East Midlands |
55 |
33 |
66.7%
|
40 |
30 |
33.3%
|
£5,008,000 |
£4,735,000 |
5.8%
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| London |
41 |
26 |
57.7%
|
38 |
26 |
46.2%
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£12,924,000 |
£6,466,500 |
99.9%
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| North-East |
123 |
114 |
7.9%
|
61 |
75 |
-18.7%
|
£5,844,750 |
£8,949,799 |
-34.7%
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| North-West |
55 |
40 |
37.5%
|
41 |
23 |
78.3%
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£4,831,450 |
£2,111,950 |
128.8%
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| North-West Home Counties |
8 |
5 |
60.0%
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7 |
5 |
40.0%
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£1,136,000 |
£433,500 |
162.1%
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| Northern Ireland |
1 |
0 |
0%
|
1 |
0 |
0%
|
£123,500 |
£0 |
0%
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| Scotland |
2 |
2 |
0.0%
|
2 |
1 |
100.0%
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£154,000 |
£46,000 |
234.8%
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| South-East Home Counties |
58 |
31 |
87.1%
|
52 |
23 |
126.1%
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£7,177,850 |
£3,797,750 |
89.0%
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| South-West |
66 |
13 |
407.7%
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33 |
9 |
266.7%
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£5,097,000 |
£889,000 |
473.3%
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| Wales |
16 |
8 |
100.0%
|
16 |
8 |
100.0%
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£1,088,400 |
£844,500 |
28.9%
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| West Midlands |
84 |
57 |
47.4%
|
68 |
42 |
61.9%
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£6,028,500 |
£4,942,500 |
22.0%
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| Yorkshire and The Humber |
72 |
38 |
89.5%
|
63 |
35 |
80.0%
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£6,585,750 |
£3,264,866 |
101.7%
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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 like to hear from you. So please
email us
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