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Auction Data For March 2015 - 23/03/2015

Go to our homepage

Monthly News Update

Overall Statistics February 2015

Auctions Held in the UK

130

Total Lots Offered

3,831

Total Lots Sold

2,995

Percent Sold

78.2%

Total Realised

£477,331,494

 

Auction Data for February 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/march.html

Essential Auction News

David Sandeman, Managing Director

Welcome to the March newsletter that looks back at auction activity in February and preceding periods. The market has been running at full speed over the last 12-18 months and appears to have taken a breather in February, as figures show a 5% fall in lots offered and lots sold and a 3% decrease in the amount raised. The industry still achieved a very respectable 78.2% sale rate, indicating that a strong demand for auction property still exists despite the slight dip in available stock.

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

The residential auction market has actually been cooling off for several months now, and figures below show a fall in lots sold for a fifth consecutive month - down 6% to 2,335 lots. The rolling quarterly figures are indicative of this recent downturn, with falls evident in all four of the measurable parameters; however the rolling yearly figures remain positive due to the strong results achieved in the first half of 2014.

The monthly figures for the commercial market are largely comparable to last year, with the gavel falling on 660 lots (just two fewer than Feb 2014) and raising over £135M (down 2.4%).

 

Total

Last Month

Last Quarter

Last Year

February 2015

February 2014

Increase

December 2014 - February 2015

December 2013 - February 2014

Increase

March 2014 - February 2015

March 2013 - February 2014

Increase

Lots Offered

3,831

4,037

-5.1%

7,836

8,086

-3.1%

34,804

34,226

1.7%

Lots Sold

2,995

3,157

-5.1%

5,997

6,293

-4.7%

26,612

26,492

0.5%

Percent Sold

78.2%

78.2%

0.0%

76.5%

77.8%

-1.7%

76.5%

77.4%

-1.2%

Total Raised

£477,331,494

£494,218,537

-3.4%

£1,003,529,113

£1,008,858,739

-0.5%

£4,337,913,079

£3,857,109,526

12.5%

 

Residential

Last Month

Last Quarter

Last Year

February 2015

February 2014

Increase

December 2014 - February 2015

December 2013 - February 2014

Increase

March 2014 - February 2015

March 2013 - February 2014

Increase

Lots Offered

3,002

3,191

-5.9%

6,199

6,363

-2.6%

28,344

27,593

2.7%

Lots Sold

2,335

2,495

-6.4%

4,706

4,956

-5.0%

21,613

21,359

1.2%

Percent Sold

77.8%

78.2%

-0.5%

75.9%

77.9%

-2.6%

76.3%

77.4%

-1.4%

Total Raised

£342,272,455

£355,867,772

-3.8%

£682,093,276

£683,324,247

-0.2%

£3,032,630,041

£2,719,241,540

11.5%

 

Commercial

Last Month

Last Quarter

Last Year

February 2015

February 2014

Increase

December 2014 - February 2015

December 2013 - February 2014

Increase

March 2014 - February 2015

March 2013 - February 2014

Increase

Lots Offered

829

846

-2.0%

1,637

1,723

-5.0%

6,460

6,633

-2.6%

Lots Sold

660

662

-0.3%

1,291

1,337

-3.4%

4,999

5,133

-2.6%

Percent Sold

79.6%

78.3%

1.7%

78.9%

77.6%

1.7%

77.4%

77.4%

0.0%

Total Raised

£135,059,039

£138,350,765

-2.4%

£321,435,837

£325,534,492

-1.3%

£1,305,283,038

£1,137,867,986

14.7%

 

 

Regional Auction Analysis

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

East Anglia

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

274

269

1.9%

Lots Sold

224

221

1.4%

Percent Sold

81.8%

82.2%

-0.5%

Total Raised

£35,956,250

£38,621,554

-6.9%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

205

185

10.8%

Lots Sold

174

154

13.0%

Percent Sold

84.9%

83.2%

2.0%

Total Raised

£23,157,750

£21,112,355

9.7%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

69

84

-17.9%

Lots Sold

50

67

-25.4%

Percent Sold

72.5%

79.8%

-9.1%

Total Raised

£12,798,500

£17,509,199

-26.9%

 

East Midlands

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

665

599

11.0%

Lots Sold

511

473

8.0%

Percent Sold

76.8%

79%

-2.8%

Total Raised

£61,846,742

£58,153,502

6.4%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

534

494

8.1%

Lots Sold

405

392

3.3%

Percent Sold

75.8%

79.4%

-4.5%

Total Raised

£39,157,165

£39,101,242

0.1%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

131

105

24.8%

Lots Sold

106

81

30.9%

Percent Sold

80.9%

77.1%

4.9%

Total Raised

£22,689,577

£19,052,260

19.1%

 

London

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

714

841

-15.1%

Lots Sold

580

738

-21.4%

Percent Sold

81.2%

87.8%

-7.5%

Total Raised

£246,139,800

£269,429,320

-8.6%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

648

742

-12.7%

Lots Sold

520

646

-19.5%

Percent Sold

80.2%

87.1%

-7.9%

Total Raised

£216,689,700

£221,025,220

-2.0%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

66

99

-33.3%

Lots Sold

60

92

-34.8%

Percent Sold

90.9%

92.9%

-2.2%

Total Raised

£29,450,100

£48,404,100

-39.2%

 

North-East

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

777

871

-10.8%

Lots Sold

582

633

-8.1%

Percent Sold

74.9%

72.7%

3.0%

Total Raised

£50,026,200

£58,064,494

-13.8%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

694

791

-12.3%

Lots Sold

520

569

-8.6%

Percent Sold

74.9%

71.9%

4.2%

Total Raised

£38,063,450

£44,484,244

-14.4%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

83

80

3.8%

Lots Sold

62

64

-3.1%

Percent Sold

74.7%

80%

-6.6%

Total Raised

£11,962,750

£13,580,250

-11.9%

 

North-West

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

1,275

1,298

-1.8%

Lots Sold

958

947

1.2%

Percent Sold

75.1%

73%

2.9%

Total Raised

£94,131,389

£91,586,755

2.8%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

949

940

1.0%

Lots Sold

722

696

3.7%

Percent Sold

76.1%

74%

2.8%

Total Raised

£55,493,368

£54,477,800

1.9%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

326

358

-8.9%

Lots Sold

236

251

-6.0%

Percent Sold

72.4%

70.1%

3.3%

Total Raised

£38,638,021

£37,108,955

4.1%

 

North-West Home Counties

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

324

340

-4.7%

Lots Sold

261

264

-1.1%

Percent Sold

80.6%

77.6%

3.9%

Total Raised

£92,252,950

£79,654,450

15.8%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

225

243

-7.4%

Lots Sold

179

196

-8.7%

Percent Sold

79.6%

80.7%

-1.4%

Total Raised

£48,518,250

£48,831,750

-0.6%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

99

97

2.1%

Lots Sold

82

68

20.6%

Percent Sold

82.8%

70.1%

18.1%

Total Raised

£43,734,700

£30,822,700

41.9%

 

Northern Ireland

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

205

190

7.9%

Lots Sold

116

132

-12.1%

Percent Sold

56.6%

69.5%

-18.6%

Total Raised

£8,579,400

£8,563,750

0.2%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

195

181

7.7%

Lots Sold

111

129

-14.0%

Percent Sold

56.9%

71.3%

-20.2%

Total Raised

£7,835,400

£8,026,250

-2.4%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

10

9

11.1%

Lots Sold

5

3

66.7%

Percent Sold

50%

33.3%

50.2%

Total Raised

£744,000

£537,500

38.4%

 

Scotland

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

199

188

5.9%

Lots Sold

99

112

-11.6%

Percent Sold

49.7%

59.6%

-16.6%

Total Raised

£13,527,400

£11,137,133

21.5%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

139

138

0.7%

Lots Sold

61

77

-20.8%

Percent Sold

43.9%

55.8%

-21.3%

Total Raised

£3,847,800

£4,600,333

-16.4%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

60

50

20.0%

Lots Sold

38

35

8.6%

Percent Sold

63.3%

70%

-9.6%

Total Raised

£9,679,600

£6,536,800

48.1%

 

South-East Home Counties

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

915

927

-1.3%

Lots Sold

741

795

-6.8%

Percent Sold

81%

85.8%

-5.6%

Total Raised

£165,520,568

£166,829,490

-0.8%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

689

676

1.9%

Lots Sold

557

583

-4.5%

Percent Sold

80.8%

86.2%

-6.3%

Total Raised

£106,892,968

£96,737,475

10.5%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

226

251

-10.0%

Lots Sold

184

212

-13.2%

Percent Sold

81.4%

84.5%

-3.7%

Total Raised

£58,627,600

£70,092,015

-16.4%

 

South-West

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

412

446

-7.6%

Lots Sold

309

326

-5.2%

Percent Sold

75%

73.1%

2.6%

Total Raised

£58,607,600

£57,338,140

2.2%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

316

326

-3.1%

Lots Sold

228

233

-2.1%

Percent Sold

72.2%

71.5%

1.0%

Total Raised

£36,281,850

£35,731,140

1.5%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

96

120

-20.0%

Lots Sold

81

93

-12.9%

Percent Sold

84.4%

77.5%

8.9%

Total Raised

£22,325,750

£21,607,000

3.3%

 

Wales

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

462

402

14.9%

Lots Sold

352

323

9.0%

Percent Sold

76.2%

80.3%

-5.1%

Total Raised

£34,554,000

£26,786,716

29.0%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

325

286

13.6%

Lots Sold

247

227

8.8%

Percent Sold

76%

79.4%

-4.3%

Total Raised

£18,245,500

£15,515,903

17.6%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

137

116

18.1%

Lots Sold

105

96

9.4%

Percent Sold

76.6%

82.8%

-7.5%

Total Raised

£16,308,500

£11,270,813

44.7%

 

West Midlands

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

819

805

1.7%

Lots Sold

659

653

0.9%

Percent Sold

80.5%

81.1%

-0.7%

Total Raised

£82,649,339

£73,741,055

12.1%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

660

638

3.4%

Lots Sold

523

516

1.4%

Percent Sold

79.2%

80.9%

-2.1%

Total Raised

£49,182,950

£51,039,605

-3.6%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

159

167

-4.8%

Lots Sold

136

137

-0.7%

Percent Sold

85.5%

82%

4.3%

Total Raised

£33,466,389

£22,701,450

47.4%

 

Yorkshire and The Humber

Total

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

795

910

-12.6%

Lots Sold

605

676

-10.5%

Percent Sold

76.1%

74.3%

2.4%

Total Raised

£59,737,475

£68,952,380

-13.4%

 

Residential

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

620

723

-14.2%

Lots Sold

459

538

-14.7%

Percent Sold

74%

74.4%

-0.5%

Total Raised

£38,727,125

£42,640,930

-9.2%

 

Commercial

December 2014 - February 2015

December 2013 - February 2014

Increase

Lots Offered

175

187

-6.4%

Lots Sold

146

138

5.8%

Percent Sold

83.4%

73.8%

13.0%

Total Raised

£21,010,350

£26,311,450

-20.1%

 

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