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Auction Data for January 2014

Go to our homepage

Monthly News Update

Overall Statistics January 2014

Auctions Held in the UK

19

Total Lots Offered

541

Total Lots Sold

371

Percent Sold

68.6%

Total Realised

£32,894,488

 

Auction Data for January 2014

 

Difficulty reading the figures?

The figures below should appear in a 'table' format. If for any reason they do not, you can view the newsletter online at http://www.eigroup.co.uk/market-data/newsletters/2014/february.html

Essential Auction News

David Sandeman, Managing Director

Welcome to the February 2014 newsletter which looks back at auction activity in January and preceding periods. As always, the auction market was very quiet during January and this is reflected in the figures, as only 541 lots were offered across 19 auctions nationwide. This was a marginal increase on January 2013 (509 lots offered), whilst total revenues dropped by the negligible amount of £650,000 - 1.9%.

A more thorough analysis of the industry will be possible in next month's newsletter after a full quote of auctions has occurred. In the meantime I would welcome any comments or feedback you have regarding the newsletters or indeed the wider market in general.

Kind regards

David Sandeman
Managing Director
davids@eigroup.co.uk
01737 232 289

National Auction Analysis

There were slight increases in auction sales in January for both the residential and commercial markets (up 4% and 18.5% respectively), although it is not advisable to draw any meaningful conclusions with such a small sample set of auction data.

In this case the rolling yearly figures provide a more accurate picture of the industry's health, and this shows gains made in every metric except for a small decrease in residential lots offered (down 1.1%). The largest gains can be seen in the total raised across both sectors, due in part to the increase in property values witnessed over the last year or so.

 

Total

Last Month

Last Quarter

Last Year

January 2014

January 2013

Increase

November 2013 - January 2014

November 2012 - January 2013

Increase

February 2013 - January 2014

February 2012 - January 2013

Increase

Lots Offered

541

509

6.3%

6,095

6,402

-4.8%

34,148

34,074

0.2%

Lots Sold

371

353

5.1%

4,632

4,759

-2.7%

26,557

25,558

3.9%

Percent Sold

68.6%

69.4%

-1.2%

76%

74.3%

2.3%

77.8%

75%

3.7%

Total Raised

£32,894,488

£33,544,344

-1.9%

£672,068,707

£642,122,505

4.7%

£3,835,822,602

£3,509,455,804

9.3%

 

Residential

Last Month

Last Quarter

Last Year

January 2014

January 2013

Increase

November 2013 - January 2014

November 2012 - January 2013

Increase

February 2013 - January 2014

February 2012 - January 2013

Increase

Lots Offered

492

470

4.7%

4,874

5,243

-7.0%

27,524

27,837

-1.1%

Lots Sold

339

326

4.0%

3,715

3,909

-5.0%

21,429

20,916

2.5%

Percent Sold

68.9%

69.4%

-0.7%

76.2%

74.6%

2.1%

77.9%

75.1%

3.7%

Total Raised

£29,670,488

£29,896,844

-0.8%

£455,797,830

£471,200,412

-3.3%

£2,681,900,605

£2,481,182,671

8.1%

 

Commercial

Last Month

Last Quarter

Last Year

January 2014

January 2013

Increase

November 2013 - January 2014

November 2012 - January 2013

Increase

February 2013 - January 2014

February 2012 - January 2013

Increase

Lots Offered

49

39

25.6%

1,221

1,159

5.3%

6,624

6,237

6.2%

Lots Sold

32

27

18.5%

917

850

7.9%

5,128

4,642

10.5%

Percent Sold

65.3%

69.2%

-5.6%

75.1%

73.3%

2.5%

77.4%

74.4%

4.0%

Total Raised

£3,224,000

£3,647,500

-11.6%

£216,270,877

£170,922,093

26.5%

£1,153,921,997

£1,028,273,133

12.2%

 

 

Regional Auction Analysis

As is usually the case, variations across all the measurable parameters can be seen across the regions.

East Anglia

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

200

229

-12.7%

Lots Sold

152

180

-15.6%

Percent Sold

76%

78.6%

-3.3%

Total Raised

£25,654,399

£24,128,995

6.3%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

146

187

-21.9%

Lots Sold

113

146

-22.6%

Percent Sold

77.4%

78.1%

-0.9%

Total Raised

£16,196,000

£17,339,995

-6.6%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

54

42

28.6%

Lots Sold

39

34

14.7%

Percent Sold

72.2%

81%

-10.9%

Total Raised

£9,458,399

£6,789,000

39.3%

 

East Midlands

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

505

483

4.6%

Lots Sold

389

354

9.9%

Percent Sold

77%

73.3%

5.0%

Total Raised

£48,512,909

£36,978,450

31.2%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

406

404

0.5%

Lots Sold

310

298

4.0%

Percent Sold

76.4%

73.8%

3.5%

Total Raised

£31,080,199

£24,818,200

25.2%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

99

79

25.3%

Lots Sold

79

56

41.1%

Percent Sold

79.8%

70.9%

12.6%

Total Raised

£17,432,710

£12,160,250

43.4%

 

London

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

472

548

-13.9%

Lots Sold

424

460

-7.8%

Percent Sold

89.8%

83.9%

7.0%

Total Raised

£149,862,500

£156,122,085

-4.0%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

407

500

-18.6%

Lots Sold

367

421

-12.8%

Percent Sold

90.2%

84.2%

7.1%

Total Raised

£120,375,500

£141,510,085

-14.9%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

65

48

35.4%

Lots Sold

57

39

46.2%

Percent Sold

87.7%

81.3%

7.9%

Total Raised

£29,487,000

£14,612,000

101.8%

 

North-East

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

674

687

-1.9%

Lots Sold

497

496

0.2%

Percent Sold

73.7%

72.2%

2.1%

Total Raised

£42,120,915

£36,518,199

15.3%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

621

624

-0.5%

Lots Sold

456

451

1.1%

Percent Sold

73.4%

72.3%

1.5%

Total Raised

£34,996,415

£31,574,449

10.8%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

53

63

-15.9%

Lots Sold

41

45

-8.9%

Percent Sold

77.4%

71.4%

8.4%

Total Raised

£7,124,500

£4,943,750

44.1%

 

North-West

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

901

1,030

-12.5%

Lots Sold

680

740

-8.1%

Percent Sold

75.5%

71.8%

5.2%

Total Raised

£65,761,340

£60,374,402

8.9%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

700

826

-15.3%

Lots Sold

532

603

-11.8%

Percent Sold

76%

73%

4.1%

Total Raised

£40,792,385

£42,882,699

-4.9%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

201

204

-1.5%

Lots Sold

148

137

8.0%

Percent Sold

73.6%

67.2%

9.5%

Total Raised

£24,968,955

£17,491,703

42.7%

 

North-West Home Counties

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

226

272

-16.9%

Lots Sold

172

217

-20.7%

Percent Sold

76.1%

79.8%

-4.6%

Total Raised

£51,360,000

£60,358,340

-14.9%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

165

215

-23.3%

Lots Sold

134

167

-19.8%

Percent Sold

81.2%

77.7%

4.5%

Total Raised

£30,309,500

£33,063,640

-8.3%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

61

57

7.0%

Lots Sold

38

50

-24.0%

Percent Sold

62.3%

87.7%

-29.0%

Total Raised

£21,050,500

£27,294,700

-22.9%

 

Northern Ireland

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

158

222

-28.8%

Lots Sold

120

156

-23.1%

Percent Sold

75.9%

70.3%

8.0%

Total Raised

£7,533,250

£8,636,350

-12.8%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

129

199

-35.2%

Lots Sold

97

139

-30.2%

Percent Sold

75.2%

69.8%

7.7%

Total Raised

£5,576,750

£7,501,600

-25.7%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

29

23

26.1%

Lots Sold

23

17

35.3%

Percent Sold

79.3%

73.9%

7.3%

Total Raised

£1,956,500

£1,134,750

72.4%

 

Scotland

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

259

253

2.4%

Lots Sold

140

111

26.1%

Percent Sold

54.1%

43.9%

23.2%

Total Raised

£10,004,583

£9,255,000

8.1%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

205

206

-0.5%

Lots Sold

114

91

25.3%

Percent Sold

55.6%

44.2%

25.8%

Total Raised

£6,392,583

£5,296,550

20.7%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

54

47

14.9%

Lots Sold

26

20

30.0%

Percent Sold

48.1%

42.6%

12.9%

Total Raised

£3,612,000

£3,958,450

-8.8%

 

South-East Home Counties

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

582

688

-15.4%

Lots Sold

492

533

-7.7%

Percent Sold

84.5%

77.5%

9.0%

Total Raised

£105,544,850

£94,324,561

11.9%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

422

525

-19.6%

Lots Sold

356

412

-13.6%

Percent Sold

84.4%

78.5%

7.5%

Total Raised

£57,492,800

£55,889,561

2.9%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

160

163

-1.8%

Lots Sold

136

121

12.4%

Percent Sold

85%

74.2%

14.6%

Total Raised

£48,052,050

£38,435,000

25.0%

 

South-West

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

458

431

6.3%

Lots Sold

327

313

4.5%

Percent Sold

71.4%

72.6%

-1.7%

Total Raised

£53,155,700

£44,487,450

19.5%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

336

272

23.5%

Lots Sold

235

193

21.8%

Percent Sold

69.9%

71%

-1.5%

Total Raised

£34,857,950

£27,967,500

24.6%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

122

159

-23.3%

Lots Sold

92

120

-23.3%

Percent Sold

75.4%

75.5%

-0.1%

Total Raised

£18,297,750

£16,519,950

10.8%

 

Wales

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

330

378

-12.7%

Lots Sold

250

281

-11.0%

Percent Sold

75.8%

74.3%

2.0%

Total Raised

£19,892,666

£23,340,300

-14.8%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

249

287

-13.2%

Lots Sold

192

210

-8.6%

Percent Sold

77.1%

73.2%

5.3%

Total Raised

£14,010,453

£17,548,300

-20.2%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

81

91

-11.0%

Lots Sold

58

71

-18.3%

Percent Sold

71.6%

78%

-8.2%

Total Raised

£5,882,213

£5,792,000

1.6%

 

West Midlands

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

631

529

19.3%

Lots Sold

501

419

19.6%

Percent Sold

79.4%

79.2%

0.3%

Total Raised

£48,705,155

£42,114,373

15.6%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

497

439

13.2%

Lots Sold

395

348

13.5%

Percent Sold

79.5%

79.3%

0.3%

Total Raised

£33,655,655

£28,986,633

16.1%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

134

90

48.9%

Lots Sold

106

71

49.3%

Percent Sold

79.1%

78.9%

0.3%

Total Raised

£15,049,500

£13,127,740

14.6%

 

Yorkshire and The Humber

Total

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

699

652

7.2%

Lots Sold

488

499

-2.2%

Percent Sold

69.8%

76.5%

-8.8%

Total Raised

£43,960,440

£45,484,000

-3.3%

 

Residential

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

591

559

5.7%

Lots Sold

414

430

-3.7%

Percent Sold

70.1%

76.9%

-8.8%

Total Raised

£30,061,640

£36,821,200

-18.4%

 

Commercial

November 2013 - January 2014

November 2012 - January 2013

Increase

Lots Offered

108

93

16.1%

Lots Sold

74

69

7.2%

Percent Sold

68.5%

74.2%

-7.7%

Total Raised

£13,898,800

£8,662,800

60.4%

 

Your Comments

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