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Auction Data for January 2015

Go to our homepage

Monthly News Update

Overall Statistics January 2015

Auctions Held in the UK

21

Total Lots Offered

508

Total Lots Sold

365

Percent Sold

71.9%

Total Realised

£33,906,989

 

Auction Data for January 2015

 

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 https://www.eigroup.co.uk/market-data/newsletters/2015/february.html

Essential Auction News

David Sandeman, Managing Director

Welcome to the February newsletter that looks back at auction activity in January and preceding periods. January is often the quietest month in the auction calendar, and this is reflected in the figures as only 508 lots were offered across 21 UK property auctions (down 6% on January 2014). There was little change in the number of lots sold however the amount raised increased slightly, by 3.1% to £33.9M.

As ever I would welcome any comments or feedback you may have regarding the newsletter or indeed the wider market in general.

Kind regards

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

National Auction Analysis

As mentioned above, January's figures do not really provide an accurate barometer of the market's health due to the small number of auctions held. The rolling quarterly figures, which report on auctions held between November and January, show a marginal fall in residential sales (down 2.6%) yet a sizeable gain in residential receipts (up 7.1%). The commercial market fared less well during the same period, with falls in lots offered (down 11.5%) and lots sold (down 8.3%), whilst commercial receipts totalled £209.3M - a 3% reduction on the same period last year.

There will be a full quota of auctions in February which will provide us with a better indication of the strength of the market.

 

Total

Last Month

Last Quarter

Last Year

January 2015

January 2014

Increase

November 2014 - January 2015

November 2013 - January 2014

Increase

February 2014 - January 2015

February 2013 - January 2014

Increase

Lots Offered

508

541

-6.1%

5,975

6,095

-2.0%

34,977

34,148

2.4%

Lots Sold

365

371

-1.6%

4,459

4,632

-3.7%

26,879

26,557

1.2%

Percent Sold

71.9%

68.6%

4.8%

74.6%

76%

-1.8%

76.8%

77.8%

-1.3%

Total Raised

£33,906,989

£32,894,488

3.1%

£697,409,746

£672,068,707

3.8%

£4,378,724,099

£3,835,822,602

14.2%

 

Residential

Last Month

Last Quarter

Last Year

January 2015

January 2014

Increase

November 2014 - January 2015

November 2013 - January 2014

Increase

February 2014 - January 2015

February 2013 - January 2014

Increase

Lots Offered

465

492

-5.5%

4,894

4,874

0.4%

28,501

27,524

3.5%

Lots Sold

338

339

-0.3%

3,618

3,715

-2.6%

21,844

21,429

1.9%

Percent Sold

72.7%

68.9%

5.5%

73.9%

76.2%

-3.0%

76.6%

77.9%

-1.7%

Total Raised

£30,263,989

£29,670,488

2.0%

£488,153,175

£455,797,830

7.1%

£3,057,863,012

£2,681,900,605

14.0%

 

Commercial

Last Month

Last Quarter

Last Year

January 2015

January 2014

Increase

November 2014 - January 2015

November 2013 - January 2014

Increase

February 2014 - January 2015

February 2013 - January 2014

Increase

Lots Offered

43

49

-12.2%

1,081

1,221

-11.5%

6,476

6,624

-2.2%

Lots Sold

27

32

-15.6%

841

917

-8.3%

5,035

5,128

-1.8%

Percent Sold

62.8%

65.3%

-3.8%

77.8%

75.1%

3.6%

77.7%

77.4%

0.4%

Total Raised

£3,643,000

£3,224,000

13.0%

£209,256,571

£216,270,877

-3.2%

£1,320,861,087

£1,153,921,997

14.5%

 

 

Regional Auction Analysis

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

East Anglia

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

188

200

-6.0%

Lots Sold

147

152

-3.3%

Percent Sold

78.2%

76%

2.9%

Total Raised

£25,103,250

£25,654,399

-2.1%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

152

146

4.1%

Lots Sold

120

113

6.2%

Percent Sold

78.9%

77.4%

1.9%

Total Raised

£16,463,750

£16,196,000

1.7%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

36

54

-33.3%

Lots Sold

27

39

-30.8%

Percent Sold

75%

72.2%

3.9%

Total Raised

£8,639,500

£9,458,399

-8.7%

 

East Midlands

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

546

505

8.1%

Lots Sold

417

389

7.2%

Percent Sold

76.4%

77%

-0.8%

Total Raised

£52,686,214

£48,512,909

8.6%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

437

406

7.6%

Lots Sold

326

310

5.2%

Percent Sold

74.6%

76.4%

-2.4%

Total Raised

£35,821,164

£31,080,199

15.3%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

109

99

10.1%

Lots Sold

91

79

15.2%

Percent Sold

83.5%

79.8%

4.6%

Total Raised

£16,865,050

£17,432,710

-3.3%

 

London

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

427

472

-9.5%

Lots Sold

343

424

-19.1%

Percent Sold

80.3%

89.8%

-10.6%

Total Raised

£145,740,000

£149,862,500

-2.8%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

386

407

-5.2%

Lots Sold

305

367

-16.9%

Percent Sold

79%

90.2%

-12.4%

Total Raised

£126,400,000

£120,375,500

5.0%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

41

65

-36.9%

Lots Sold

38

57

-33.3%

Percent Sold

92.7%

87.7%

5.7%

Total Raised

£19,340,000

£29,487,000

-34.4%

 

North-East

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

650

674

-3.6%

Lots Sold

467

497

-6.0%

Percent Sold

71.8%

73.7%

-2.6%

Total Raised

£36,769,950

£42,120,915

-12.7%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

588

621

-5.3%

Lots Sold

418

456

-8.3%

Percent Sold

71.1%

73.4%

-3.1%

Total Raised

£28,139,700

£34,996,415

-19.6%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

62

53

17.0%

Lots Sold

49

41

19.5%

Percent Sold

79%

77.4%

2.1%

Total Raised

£8,630,250

£7,124,500

21.1%

 

North-West

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

771

901

-14.4%

Lots Sold

576

680

-15.3%

Percent Sold

74.7%

75.5%

-1.1%

Total Raised

£62,327,485

£65,761,340

-5.2%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

613

700

-12.4%

Lots Sold

462

532

-13.2%

Percent Sold

75.4%

76%

-0.8%

Total Raised

£39,453,864

£40,792,385

-3.3%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

158

201

-21.4%

Lots Sold

114

148

-23.0%

Percent Sold

72.2%

73.6%

-1.9%

Total Raised

£22,873,621

£24,968,955

-8.4%

 

North-West Home Counties

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

219

226

-3.1%

Lots Sold

168

172

-2.3%

Percent Sold

76.7%

76.1%

0.8%

Total Raised

£61,892,150

£51,360,000

20.5%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

164

165

-0.6%

Lots Sold

122

134

-9.0%

Percent Sold

74.4%

81.2%

-8.4%

Total Raised

£34,791,500

£30,309,500

14.8%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

55

61

-9.8%

Lots Sold

46

38

21.1%

Percent Sold

83.6%

62.3%

34.2%

Total Raised

£27,100,650

£21,050,500

28.7%

 

Northern Ireland

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

258

158

63.3%

Lots Sold

193

120

60.8%

Percent Sold

74.8%

75.9%

-1.4%

Total Raised

£13,823,550

£7,533,250

83.5%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

212

129

64.3%

Lots Sold

153

97

57.7%

Percent Sold

72.2%

75.2%

-4.0%

Total Raised

£10,641,050

£5,576,750

90.8%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

46

29

58.6%

Lots Sold

40

23

73.9%

Percent Sold

87%

79.3%

9.7%

Total Raised

£3,182,500

£1,956,500

62.7%

 

Scotland

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

285

259

10.0%

Lots Sold

143

140

2.1%

Percent Sold

50.2%

54.1%

-7.2%

Total Raised

£10,654,700

£10,004,583

6.5%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

230

205

12.2%

Lots Sold

114

114

0.0%

Percent Sold

49.6%

55.6%

-10.8%

Total Raised

£6,035,450

£6,392,583

-5.6%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

55

54

1.9%

Lots Sold

29

26

11.5%

Percent Sold

52.7%

48.1%

9.6%

Total Raised

£4,619,250

£3,612,000

27.9%

 

South-East Home Counties

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

643

582

10.5%

Lots Sold

512

492

4.1%

Percent Sold

79.6%

84.5%

-5.8%

Total Raised

£110,559,218

£105,544,850

4.8%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

483

422

14.5%

Lots Sold

389

356

9.3%

Percent Sold

80.5%

84.4%

-4.6%

Total Raised

£71,369,218

£57,492,800

24.1%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

160

160

0.0%

Lots Sold

123

136

-9.6%

Percent Sold

76.9%

85%

-9.5%

Total Raised

£39,190,000

£48,052,050

-18.4%

 

South-West

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

387

458

-15.5%

Lots Sold

285

327

-12.8%

Percent Sold

73.6%

71.4%

3.1%

Total Raised

£49,530,900

£53,155,700

-6.8%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

301

336

-10.4%

Lots Sold

210

235

-10.6%

Percent Sold

69.8%

69.9%

-0.1%

Total Raised

£33,545,650

£34,857,950

-3.8%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

86

122

-29.5%

Lots Sold

75

92

-18.5%

Percent Sold

87.2%

75.4%

15.6%

Total Raised

£15,985,250

£18,297,750

-12.6%

 

Wales

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

398

330

20.6%

Lots Sold

309

250

23.6%

Percent Sold

77.6%

75.8%

2.4%

Total Raised

£30,432,704

£19,892,666

53.0%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

303

249

21.7%

Lots Sold

237

192

23.4%

Percent Sold

78.2%

77.1%

1.4%

Total Raised

£17,957,704

£14,010,453

28.2%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

95

81

17.3%

Lots Sold

72

58

24.1%

Percent Sold

75.8%

71.6%

5.9%

Total Raised

£12,475,000

£5,882,213

112.1%

 

West Midlands

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

619

631

-1.9%

Lots Sold

479

501

-4.4%

Percent Sold

77.4%

79.4%

-2.5%

Total Raised

£57,637,900

£48,705,155

18.3%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

520

497

4.6%

Lots Sold

400

395

1.3%

Percent Sold

76.9%

79.5%

-3.3%

Total Raised

£37,141,900

£33,655,655

10.4%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

99

134

-26.1%

Lots Sold

79

106

-25.5%

Percent Sold

79.8%

79.1%

0.9%

Total Raised

£20,496,000

£15,049,500

36.2%

 

Yorkshire and The Humber

Total

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

584

699

-16.5%

Lots Sold

420

488

-13.9%

Percent Sold

71.9%

69.8%

3.0%

Total Raised

£40,251,725

£43,960,440

-8.4%

 

Residential

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

505

591

-14.6%

Lots Sold

362

414

-12.6%

Percent Sold

71.7%

70.1%

2.3%

Total Raised

£30,392,225

£30,061,640

1.1%

 

Commercial

November 2014 - January 2015

November 2013 - January 2014

Increase

Lots Offered

79

108

-26.9%

Lots Sold

58

74

-21.6%

Percent Sold

73.4%

68.5%

7.2%

Total Raised

£9,859,500

£13,898,800

-29.1%

 

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